SPRU icon

Spruce Power Holding Corp

1.76 USD
-0.05
2.76%
At close Updated Sep 17, 4:00 PM EDT
1 day
-2.76%
5 days
10.69%
1 month
24.82%
3 months
-8.81%
6 months
-28.74%
Year to date
-43.04%
1 year
-32.82%
5 years
-97.92%
10 years
-97.75%
 

About: Spruce Power Holding Corp is an owner and operator of distributed solar energy assets across the United States (the U.S.), offering subscription-based services to home solar assets and customer contracts, making renewable energy more accessible to everyone. The Company's customers are homeowners and the Company's core solar service offerings generate revenues through, the sale of electricity generated by its home solar energy systems to homeowners, third-party contracts to sell solar renewable energy credits (SRECs) generated by the solar energy systems for fixed prices and the servicing of those agreements for other institutional owners of home solar energy systems.

Employees: 165

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

20% more funds holding

Funds holding: 30 [Q1] → 36 (+6) [Q2]

0% more call options, than puts

Call options by funds: $1K | Put options by funds: $1K

6.27% less ownership

Funds ownership: 19.27% [Q1] → 13.0% (-6.27%) [Q2]

13% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 8

46% less capital invested

Capital invested by funds: $8.64M [Q1] → $4.68M (-$3.96M) [Q2]

Financial journalist opinion

Neutral
Business Wire
13 days ago
Spruce Power Wins Competitive Multi-Year Spruce PRO Contract, Expanding Solar and Storage Services in North Carolina
DENVER--(BUSINESS WIRE)--Spruce Power and EnerWealth partnered to launch North Carolina's first residential solar plus storage lease program.
Spruce Power Wins Competitive Multi-Year Spruce PRO Contract, Expanding Solar and Storage Services in North Carolina
Neutral
Seeking Alpha
1 month ago
Spruce Power Holding Corporation (SPRU) Q2 2025 Earnings Call Transcript
Spruce Power Holding Corporation (NYSE:SPRU ) Q2 2025 Earnings Conference Call August 11, 2025 4:30 PM ET Company Participants Christopher M. Hayes - President, CEO & Chairman Scott Kozak - Corporate Participant Thomas J.
Spruce Power Holding Corporation (SPRU) Q2 2025 Earnings Call Transcript
Neutral
Business Wire
1 month ago
Spruce Power Reports Second Quarter 2025 Results
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today reported financial results for the second quarter ended June 30, 2025. Second Quarter 2025 Business Highlights Revenues of $33.2 million up 48% from the year-earlier period Total cash balance of $90.5 million as of June 30, 2025, or $5.07 per share Net loss attributable to stockholders improved to $3.0.
Spruce Power Reports Second Quarter 2025 Results
Neutral
Business Wire
1 month ago
Spruce Power Signs Multi-Year Multimillion Dollar Agreement to Sell Renewable Energy Credits in New Jersey
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, announced a multi-year agreement to sell Spruce's Solar Renewable Energy Credits (“SRECs”) in the state of New Jersey to an investment-grade energy sector counterparty that is ranked among the Fortune Global 50. The transaction is expected to generate approximately $10 million in fully-hedged revenue for Spr.
Spruce Power Signs Multi-Year Multimillion Dollar Agreement to Sell Renewable Energy Credits in New Jersey
Neutral
Business Wire
1 month ago
Spruce Power to Release Second Quarter 2025 Results and Host Conference Call on August 11
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce”), a leading owner and operator of distributed solar energy assets across the United States, today announced that it will report second quarter 2025 financial results after the stock market close on Monday, August 11. Spruce will issue a press release reporting its results, which will be available on the Investor Relations section of its website at https://investors.sprucepower.com/overview/default.aspx. Management.
Spruce Power to Release Second Quarter 2025 Results and Host Conference Call on August 11
Neutral
Business Wire
2 months ago
Spruce Power Announces Results from 2025 Annual Meeting of Stockholders and Election of Directors
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, announced today that all proposals at the Annual Meeting of Stockholders held on June 24, 2025 were duly adopted by shareholders. Spruce also confirmed that following the conclusion of the Company's Annual Meeting of Stockholders, Kevin Griffin retired as an independent director and Shawn Kravetz was elected.
Spruce Power Announces Results from 2025 Annual Meeting of Stockholders and Election of Directors
Neutral
Business Wire
3 months ago
Spruce Power Announces Appointment of Interim Chief Financial Officer
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”) is pleased to announce the appointment of Thomas Cimino as Interim Chief Financial Officer (“CFO”), effective June 5, 2025. This announcement follows the transition of former Chief Financial Officer Sarah Wells who departed Spruce to pursue a private company opportunity. Spruce is undertaking a search to fill the CFO position on a permanent basis. "With significant experience as a senior-level fin.
Spruce Power Announces Appointment of Interim Chief Financial Officer
Neutral
Business Wire
4 months ago
CORRECTING and REPLACING Spruce Power Reports First Quarter 2025 Results
DENVER--(BUSINESS WIRE)--Under the Consolidated Financial Results header, the second sentence of the second paragraph should read: Core operating expenses, which includes both selling, general & administrative expenses ("SG&A") of $14.1 million and operations & maintenance expenses ("O&M") of $3.9 million, were $18.0 million for the first quarter of 2025, up from $13.5 million, $3.1 million, and $16.6 million for the first quarter of 2024, respectively (instead of: Core operatin.
CORRECTING and REPLACING Spruce Power Reports First Quarter 2025 Results
Neutral
Seeking Alpha
4 months ago
Spruce Power Holding Corporation (SPRU) Q1 2025 Earnings Call Transcript
Spruce Power Holding Corporation (NYSE:SPRU ) Q1 2025 Earnings Conference Call May 14, 2025 4:30 PM ET Company Participants Scott Kozak - Director, Investor Relations Chris Hayes - Chief Executive Officer Sarah Wells - Chief Financial Officer & Head, Sustainability Conference Call Participants Peter Gastreich - Water Tower Research Operator Hello, and thank you for standing by. My name is Lacey and I will be your conference operator today.
Spruce Power Holding Corporation (SPRU) Q1 2025 Earnings Call Transcript
Neutral
Business Wire
4 months ago
Spruce Power Reports First Quarter 2025 Results
DENVER--(BUSINESS WIRE)--Spruce Power Holding Corporation (NYSE: SPRU) (“Spruce” or the “Company”), a leading owner and operator of distributed solar energy assets across the United States, today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Business Highlights Revenues of $23.8 million, up 30% from the year-earlier period Net loss attributable to stockholders of $15.3 million Operating EBITDA of $12.3 million, up 15% from the year-earlier period Tota.
Spruce Power Reports First Quarter 2025 Results
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