Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Valued as a loss-making company: Analyst consensus.
ACCE opinionSpruce Power Holding Corporation Class A Common Stock (SPRU)
Fair value
Not available
ACCE price target
$1.20
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $1.33 at the close on 23 Oct 2026, 22:00 CEST.
Models: Analyst consensus.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
27
out of 100
P/E
0.0x
forward 45.2x
1-year return
-51.1%
Dividend yield
0.00%
Spruce Power Holding Corporation Class A Common Stock in four questions
Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
Overview
ACCE thesis
Spruce Power owns and operates residential solar systems, mostly leasing and selling power-purchase arrangements to homeowners, and it also services a portfolio of installed systems it has acquired. The structural appeal is recurring cash flow from long-dated contracts, which shows up in a 66.4% gross margin and a 30.7% operating margin, both far above what residential installers typically earn. The problem is the top line: revenue is shrinking 8.7% a year, and the company's ROE of -5.5% means it is still not earning a return on equity. The forward P/E of 45.2 implies the market expects earnings to recover from here, so the question for a deeper look is whether the margin profile holds as the installed base stops shrinking. At a $28M market cap with no index membership, the name is small enough that any thesis rests on a few quarters of execution, and the 27/100 score reflects that weak combination of shrinking sales and a fragile equity base.