SPRU vs. OPTT, SLNG, SUUN, VVPR, WAVE, CETY, ALCE, CDZIP, CWEN.A, and CIG.C
Should you be buying Spruce Power stock or one of its competitors? The main competitors of Spruce Power include Ocean Power Technologies (OPTT), Stabilis Solutions (SLNG), PowerBank (SUUN), Vivopower International (VVPR), Eco Wave Power Global AB (publ) (WAVE), Clean Energy Technologies (CETY), Alternus Clean Energy (ALCE), Cadiz (CDZIP), Clearway Energy (CWEN.A), and COMPANHIA ENERG/S (CIG.C). These companies are all part of the "utilities" industry.
Spruce Power vs. Its Competitors
Spruce Power (NYSE:SPRU) and Ocean Power Technologies (NASDAQ:OPTT) are both small-cap utilities companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, profitability, media sentiment, risk, institutional ownership, earnings, dividends and analyst recommendations.
Spruce Power has a beta of 1.49, indicating that its stock price is 49% more volatile than the S&P 500. Comparatively, Ocean Power Technologies has a beta of 2.49, indicating that its stock price is 149% more volatile than the S&P 500.
Ocean Power Technologies has lower revenue, but higher earnings than Spruce Power. Ocean Power Technologies is trading at a lower price-to-earnings ratio than Spruce Power, indicating that it is currently the more affordable of the two stocks.
In the previous week, Spruce Power had 2 more articles in the media than Ocean Power Technologies. MarketBeat recorded 3 mentions for Spruce Power and 1 mentions for Ocean Power Technologies. Ocean Power Technologies' average media sentiment score of 0.42 beat Spruce Power's score of 0.36 indicating that Ocean Power Technologies is being referred to more favorably in the news media.
Spruce Power has a net margin of -78.82% compared to Ocean Power Technologies' net margin of -304.91%. Spruce Power's return on equity of -35.22% beat Ocean Power Technologies' return on equity.
20.8% of Spruce Power shares are owned by institutional investors. Comparatively, 11.9% of Ocean Power Technologies shares are owned by institutional investors. 12.7% of Spruce Power shares are owned by insiders. Comparatively, 1.0% of Ocean Power Technologies shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Summary
Spruce Power beats Ocean Power Technologies on 8 of the 13 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding SPRU and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Spruce Power Competitors List
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This page (NYSE:SPRU) was last updated on 9/9/2025 by MarketBeat.com Staff
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