Exchange: NYSE·Updated 07:30 PM EDT
SPRU logo

SPRU Spruce Power Holding Corp

$1.58
$0.00
(0.00%)
Today
Closed $1.56
$0.02
(1.28%)
After Hours
EarningsNov 10
Mkt Cap$30.03M
Vol35,477.00

About SPRU

Spruce Power Holding Corp. engages in the ownership and operation of distributed solar energy assets. The firm provides subscription-based services for homeowners and small businesses to own and maintain rooftop solar and battery storage. It offers products relating to battery solutions, system expansion, extended service agreement, and fleet management. The company was founded by Thomas J. Hynes, III in 2009 and is headquartered in Denver, CO.
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Bearish Sentiment

How do you feel about SPRU?

TheRealShortSqueezy
$SPRU The numbers speak for themselves. ✅ Low float ✅ Low dilution risk ✅ Dilution tracker estimates cash at 154M$ ✅ Only 35M market cap ✅ 802M$ gross solar portfolio value ✅ Turned Profitable in Q2 ✅ Record $26.5M Operating EBITDA Solar theme will become the main trend leading to the end of the year. Big names already talking about it. 3-5$ very possible here. Strong close Friday, could this be the start of a multi days / multi weeks run up?
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TheRealShortSqueezy
$SPRU : SOLAR SECTOR HEATING UP ☀️ Spruce Power owns and operates U.S. residential solar assets, generating recurring revenue from long term contracts. ☀️ $35M market cap ☀️ $81.5M total cash + restricted cash, or $4.24/share ☀️ $802M gross solar portfolio value ☀️ Q2 swung from a $3M loss to $3.3M net income ☀️ Record Operating EBITDA of $26.5M 🔜 POSSIBLE CATALYSTS ▶️ Continued solar sector momentum ▶️ Strategic solar portfolio acquisitions ▶️ Potential share buybacks with $42M remaining authorized ▶️ Continued profitability + EBITDA growth I'm swinging this play for few months with Solar Sector heating up. Every year October and November months are usually very good for these tickers. Peers: $RUN $FSLR $ENPH $SEDG
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BullTheorist
$SPRU However you feel about solar, four-fifths of US new power generation or storage is planned solar. Could be early on repricing an entire sector. SPRU looks like it wants to lead the way. Solid call.
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RagingFury
$SPRU seems like a sleeper ticker here. Q2 numbers were fire🔥 $9.8M operating income, +10% yoy $3.3M net income RECORD $26.5M Operating ebitda H1 Operating ebitda +21% Core operating expenses -21% SG&A -26% Profitability improving while costs are dropping. Chart is setting up nicely too!
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DigitalDynasty
$SPRU on watch for Monday as Solar sector is starting to get noticed. Even Elon musk is even talking about it. SPRU one of the better ones imo. Parabolic move on the way here.
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ChampionEntries
$SPRU Strong close here. I can see this 2.10 - 2.14 area becoming support Monday. This one is ready IMO.
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AStrokeOfHope
$SPRU one of my swing been holding and I think it's about time we see a run here. I will sell over $5+ on spru very likely as solar is getting hot again. Also holding few $GLND and $SVRN from Friday.
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Wallstdiamonds
The 1000% thesis isn’t $SPRU “Solar goes up.” It’s: SOLAR ☀️ + AI POWER DEMAND 🤖 + DISTRIBUTED ENERGY ⚡ + COST CUTTING 📉 + REFINANCING 🔄 + OPERATING LEVERAGE 📈 + SMALL SHARE COUNT = potentially explosive equity revaluation.
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Wallstdiamonds
$SPRU + SOLAR The solar trade could be entering a completely different phase. And $SPRU is one of the most interesting asymmetric setups I’m watching. Here’s why 👇 $SPRU isn’t some pre-revenue solar startup. It owns the cash flows from 83,000 residential solar assets across 18 states, with an average remaining contract life of 10 YEARS. That’s recurring contracted cash flow.
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Bidflow
$SPRU I like it. 35m$ market cap, lot of cash on hand and chart looks primed for a good run up. Solar energy demand will only increase in the next decades.
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Double_Shots
$SPRU Cash and restricted cash sitting at $81.5 million. trailing sales still around $108 million. ☀️ 83K home solar assets/contracts ☀️ 18 states ☀️ 10 yrs avg. contract life remaining ☀️ 60K third-party systems serviced ☀️ $802M gross portfolio value (PV6) All while operating performance is improving. If this aint bullish enough, idk what to say.
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UnchainedBeast
$SPRU Feels like this is massively undervalued. Solar is not a trend anymore, it’s becoming a core part of the future energy mix and even Elon Musk has repeatedly highlighted the enormous potential of solar + energy storage. Got a very good feeling on this ticker as it hasn't been found by the crowd yet. Much more to come, going to be enjoying the ride here.
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SeaSparrow
$SPRU My top watch this week. Had a nice day today on $GLND and $GRML, now will wait for SPRU to make a similar move.
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SeaSparrow
$SPRU on my swing list,I am here for the big move. We just saw a glimpse of what this can do today.
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DebbieExMachina
$SPRU No kidding. This should be trading at 4.00 on a bad day. Finishing up my watchlist for this week. After Friday's price action this will definitely be on it.
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TacticalGhost
$SPRU Pretty solid numbers, I am thinking of taking a bite here. Seeing lot of watchers and chatter on this over at reddit.
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Bidflow
$SPRU Solar demand is only going up, and SPRU is imo well positioned to benefit. They have ~$4.24/share in cash + restricted cash, a solid portfolio of solar assets, and stable contracted revenue. Market looks to be undervaluing the assets and long-term cash flow potential.
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TheRealShortSqueezy
On market downtrend days, I’m adding tickers I believe could thrive in the future. Solar is going to be a massive sector to watch. ☀️ $SPRU $FTCI
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Gerol
$SPRU Elon Musk just doubled down on his solar thesis, saying “Solar is so obviously the future” and that the solar-power exponential could eventually push other energy sources to less than 0.1%. Now look at $SPRU a U.S. distributed-solar owner/operator with 83,000 home solar assets and customer contracts across 18 states, 802M in gross portfolio value, $81.5M in cash/restricted cash, and record $26.5M Q2 operating EBITDA. If solar becomes one of the dominant energy sources AND the market starts properly valuing small-cap solar infrastructure, has the ingredients for a massive rerating. Solar + AI power demand + distributed generation + tiny market cap = deserves attention. $TE $SHLS
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Financial_Freed0m
$SPRU people will complain later why they didn't get on this early. This is the perfect time to get in on the Solar train before they start to leave the station. SPRU is gonna keep going higher in coming weeks.
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