SPRU Should I Buy
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0.000(0.000%)
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Spruce Power Holding Corp (SPRU) is not a strong buy at the moment for a beginner, long-term investor with $50,000-$100,000 available for investment. The technical indicators suggest a bearish trend, and the financial performance shows significant challenges with declining net income and EPS. While the gross margin has improved, the lack of positive news, weak trading sentiment, and absence of strong proprietary trading signals make this stock less appealing for immediate investment.
The MACD histogram is -0.213, indicating bearish momentum. RSI is at 16.731, signaling the stock is oversold. Moving averages are converging, showing no clear trend. Key support levels are at 4.192 and 3.674, with resistance at 5.03 and 5.869. The stock is currently trading below its pivot point, suggesting downward pressure.
Gross margin increased to 69.61%, up 26.96% YoY, indicating operational efficiency improvements.
Net income dropped significantly by -98.39% YoY, and EPS fell by -98.26% YoY. No recent news or significant trading trends from hedge funds or insiders. The stock has a 50% chance of declining -5.65% in the next month based on historical patterns.
In Q3 2025, revenue increased by 43.73% YoY to $30.73 million. However, net income dropped to -$860,000, and EPS fell to -$0.05. Despite the revenue growth, the significant decline in profitability is concerning.
No data on analyst ratings or price target changes is available.
