Spruce Power Holding Corporation (SPRU)
Technology · NYQ
Price as at 1 Oct 2026, 15:17 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Spruce Power Holding Corporation trades at $1.66, which is 187% below the $4.77 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 25 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
About Spruce Power Holding Corporation
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company offers electricity for homeowners through subscription-based payments and solar renewable energy credits (SRECs) for contracted prices, which are generated by home solar energy systems. It also provides Spruce Pro servicing platform, which provides home and third party-owned solar energy systems with portfolio managed services, including billing and collections/asset recovery, account support services, financial asset management, homeowner support and servicing technology, asset operations, and transaction and execution services related to SRECs; and Spruce Pro, which offers third-party owners a range of services for residential, commercial, and industrial assets. Spruce Power Holding Corporation was founded in 2009 and is headquartered in Houston, Texas
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
SPRU passes 2 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
3 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$628.3K · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$341.9K · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$67.9K · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
SPRU peers
The largest companies in the same industry (Solar), then in the same sector.
- ARRY Array Technologies, Inc.
- JKS JinkoSolar Holding Co., Ltd.
- PN PN Smart Energy Limited
- TYGO Tigo Energy, Inc.
- HYSR SunHydrogen, Inc.
- SPWR SunPower Inc.
- SMXT SolarMax Technology, Inc.
- SUNE SUNation Energy Inc.
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Common questions
Is Spruce Power Holding Corporation (SPRU) undervalued?
Against our fair value estimate of $4.77, SPRU at $1.66 is 187% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own SPRU?
3 of the institutions we track reported a position in SPRU in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Where does SteadyShares get its SPRU data?
Fundamentals for SPRU come from company filings and exchange data, as listed on NYQ; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 15:17 UTC and is delayed. Our data quality score for this company is 83/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for SPRU, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.