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Spruce Power Holding ( (SPRU) ) just unveiled an update.
On September 16, 2025, Spruce Power Holding Corporation’s Board of Directors approved a plan to streamline operations, including a reduction in force affecting 19% of its workforce, which was announced on September 24, 2025. This strategic move is expected to generate $20 million in annual savings, enhance operational efficiency, and accelerate the company’s path to positive cash flow, supporting its growth initiatives and increasing shareholder value.
The most recent analyst rating on (SPRU) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Spruce Power Holding stock, see the SPRU Stock Forecast page.
Spark’s Take on SPRU Stock
According to Spark, TipRanks’ AI Analyst, SPRU is a Neutral.
Spruce Power Holding’s overall stock score is primarily influenced by its challenging financial performance, with high leverage and negative profitability. While technical indicators show moderate strength, the negative P/E ratio suggests valuation concerns. The earnings call provided positive operational insights, but these are not factored into the score due to the methodology.
To see Spark’s full report on SPRU stock, click here.
More about Spruce Power Holding
Spruce Power Holding Corporation is a leading owner and operator of distributed solar energy assets in the United States, offering subscription-based services for rooftop solar power and battery storage. Their power-as-a-service model allows homeowners to access solar technology without significant upfront costs, managing approximately 85,000 home solar assets and contracts nationwide.
Average Trading Volume: 1,343,568
Technical Sentiment Signal: Sell
Current Market Cap: $30.32M
For detailed information about SPRU stock, go to TipRanks’ Stock Analysis page.