Spruce Power Holding ( (SPRU) ) has shared an update.
On April 29, 2025, Sarah Wells announced her resignation as Chief Financial Officer and Head of Sustainability at Spruce Power Holding Corporation, effective May 14, 2025, citing personal reasons unrelated to the company’s financial or accounting practices. The company has begun searching for a new CFO, utilizing an executive search firm to consider both internal and external candidates.
Spark’s Take on SPRU Stock
According to Spark, TipRanks’ AI Analyst, SPRU is a Underperform.
Spruce Power’s overall stock score is weighed down by financial weaknesses, including high leverage and negative cash flows, which limit its financial health. Despite strong revenue growth and operational improvements, technical indicators show bearish trends, and valuation metrics raise concerns. The cautious outlook from the earnings call further impacts the score, reflecting uncertainties in the residential solar market.
To see Spark’s full report on SPRU stock, click here.
More about Spruce Power Holding
YTD Price Performance: -33.66%
Average Trading Volume: 68,544
Technical Sentiment Signal: Buy
Current Market Cap: $36.88M
Find detailed analytics on SPRU stock on TipRanks’ Stock Analysis page.