Spruce Power Appoints Thomas Cimino as CFO

The latest announcement is out from Spruce Power Holding ( (SPRU) ).

On December 3, 2025, Spruce Power Holding Corporation appointed Thomas J. Cimino as its Chief Financial Officer, transitioning him from his role as Interim CFO, a position he held since June 2025. Cimino’s extensive experience in financial leadership within the energy sector, including roles at Vantage Drilling International and EnfraGen LLC, positions him to strengthen Spruce Power’s financial foundation and support its growth strategy. The appointment is expected to enhance the company’s operational and capital-allocation strategies, contributing to long-term value creation.

The most recent analyst rating on (SPRU) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on Spruce Power Holding stock, see the SPRU Stock Forecast page.

Spark’s Take on SPRU Stock

According to Spark, TipRanks’ AI Analyst, SPRU is a Neutral.

Spruce Power’s overall stock score is primarily influenced by its strong technical indicators and positive earnings call, which highlight significant growth and strategic positioning. However, financial performance and valuation concerns, including high leverage and negative profitability, weigh down the score.

To see Spark’s full report on SPRU stock, click here.

More about Spruce Power Holding

Spruce Power Holding Corporation is a leading owner and operator of distributed residential solar energy assets across the United States. The company provides subscription-based services that allow homeowners to benefit from rooftop solar power and battery storage without significant upfront investment or maintenance costs. Spruce Power owns cash flows from approximately 85,000 home solar assets and contracts across the U.S.

Average Trading Volume: 390,119

Technical Sentiment Signal: Buy

Current Market Cap: $94.3M

See more insights into SPRU stock on TipRanks’ Stock Analysis page.