Altus Power, Inc. (AMPS)
NYSE: AMPS · Real-Time Price · USD
3.290
-0.120 (-3.52%)
Sep 18, 2024, 4:00 PM EDT - Market closed
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Altus Power stock have an average target of 5.94, with a low estimate of 4.00 and a high estimate of 10. The average target predicts an increase of 80.55% from the current stock price of 3.29.
Analyst Consensus: Strong Buy
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $4.00 | $5.94 | $6.00 | $10 |
| Change | +21.58% | +80.55% | +82.37% | +203.95% |
Analyst Ratings
The average analyst rating for Altus Power stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 5 | 5 | 5 |
| Buy | 4 | 3 | 3 | 3 | 2 | 2 |
| Hold | 0 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 9 | 9 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $8 → $4 | Buy → Hold | Downgrades | $8 → $4 | +21.58% | Aug 21, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $5.5 → $4.5 | Strong Buy | Maintains | $5.5 → $4.5 | +36.78% | Aug 12, 2024 |
| UBS | UBS | Strong Buy Maintains $5.5 → $5 | Strong Buy | Maintains | $5.5 → $5 | +51.98% | Aug 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $5 → $4.5 | Strong Buy | Maintains | $5 → $4.5 | +36.78% | Aug 9, 2024 |
| Seaport Global | Seaport Global | Strong Buy Initiates $6.5 | Strong Buy | Initiates | $6.5 | +97.57% | Jun 3, 2024 |
Financial Forecast
Revenue This Year
202.25M
from 155.16M
Increased by 30.35%
from 155.16M
Revenue Next Year
239.09M
from 202.25M
Increased by 18.22%
from 202.25M
EPS This Year
0.29
from -0.06
from -0.06
EPS Next Year
0.01
from 0.29
Decreased by -95.94%
from 0.29
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 37.43M | 45.28M | 71.80M | 101.16M | 155.16M | 202.25M | 239.09M | 281.76M | ||
| Revenue Growth | - | 20.95% | 58.58% | 40.90% | 53.38% | 30.35% | 18.22% | 17.85% | ||
| EPS | - | 0.07 | 0.06 | 0.35 | -0.06 | 0.29 | 0.01 | 0.06 | ||
| EPS Growth | - | - | -14.28% | 483.33% | - | - | -95.94% | 374.98% | ||
| Forward PE | - | - | - | - | - | 11.45 | 282.20 | 59.41 | ||
| No. Analysts | - | - | - | - | - | 11 | 11 | 11 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 209.3M | 258.1M | 306.9M | ||
| Avg | 202.3M | 239.1M | 281.8M | ||
| Low | 193.1M | 215.2M | 252.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 34.9% | 27.6% | 28.4% | ||
| Avg | 30.3% | 18.2% | 17.8% | ||
| Low | 24.4% | 6.4% | 5.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.41 | 0.27 | 0.47 |
| Avg | 0.29 | 0.01 | 0.06 |
| Low | 0.19 | -0.08 | -0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -5.0% | 3,952.8% |
| Avg | - | -95.9% | 375.0% |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
