Altus Power, Inc. (AMPS)
NYSE: AMPS · Real-Time Price · USD
3.440
-0.150 (-4.18%)
At close: Oct 31, 2024, 4:00 PM
3.610
+0.170 (4.94%)
After-hours: Oct 31, 2024, 5:25 PM EDT

Altus Power Stock Forecast

Stock Price Forecast

The 9 analysts with 12-month price forecasts for Altus Power stock have an average target of 5.89, with a low estimate of 4.00 and a high estimate of 10. The average target predicts an increase of 71.22% from the current stock price of 3.44.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $4.00 $5.89 $5.50 $10
Change +16.28% +71.22% +59.88% +190.70%

Analyst Ratings

The average analyst rating for Altus Power stock from 10 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 May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 455556
Buy 333222
Hold 111222
Sell 000000
Strong Sell 000000
Total 8999910

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Citigroup
Citigroup
Strong Buy
Maintains
$7$5.5
Strong Buy Maintains $7$5.5 +59.88% Oct 22, 2024
Roth MKM
Roth MKM
Strong Buy
Reiterates
$4.5
Strong Buy Reiterates $4.5 +30.81% Oct 16, 2024
Morgan Stanley
Morgan Stanley
Hold
Downgrades
$8$4
Hold Downgrades $8$4 +16.28% Aug 21, 2024
Maxim Group
Maxim Group
Strong Buy
Maintains
$5.5$4.5
Strong Buy Maintains $5.5$4.5 +30.81% Aug 12, 2024
UBS
UBS
Strong Buy
Maintains
$5.5$5
Strong Buy Maintains $5.5$5 +45.35% Aug 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
202.25M
from 155.16M
Increased by 30.35%
Revenue Next Year
239.09M
from 202.25M
Increased by 18.22%
EPS This Year
0.29
from -0.06
EPS Next Year
0.01
from 0.29
Decreased by -95.94%
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
37.43M45.28M71.80M101.16M155.16M202.25M239.09M281.76M
Revenue Growth
-20.95%58.58%40.90%53.38%30.35%18.22%17.85%
EPS
-0.070.060.35-0.060.290.010.06
EPS Growth
---14.28%483.33%---95.94%374.98%
Forward PE
-----11.97295.0662.12
No. Analysts -----111111
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
High
34.9%
27.6%
28.4%
Avg
30.3%
18.2%
17.8%
Low
24.4%
6.4%
5.5%

EPS Forecast

EPS 202420252026
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 202420252026
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.