Altus Power, Inc. (AMPS)
| Market Cap | 632.00M |
| Revenue (ttm) | 185.99M |
| Net Income (ttm) | 35.47M |
| Shares Out | 160.00M |
| EPS (ttm) | 0.22 |
| PE Ratio | 17.93 |
| Forward PE | 1,769.81 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,007,339 |
| Open | 3.830 |
| Previous Close | 3.870 |
| Day's Range | 3.820 - 3.970 |
| 52-Week Range | 2.710 - 7.280 |
| Beta | 0.94 |
| Analysts | Strong Buy |
| Price Target | 5.89 (+49.11%) |
| Earnings Date | Nov 12, 2024 |
About AMPS
Altus Power, Inc., a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. It serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc. was founded in 2013 and is headquartered in Stamford, Connecticut. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for AMPS stock is "Strong Buy." The 12-month stock price forecast is $5.89, which is an increase of 49.11% from the latest price.
News
Altus Power, Inc. (AMPS) Q3 2024 Earnings Call Transcript
Altus Power, Inc. (NYSE:AMPS) Q3 2024 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Alison Sternberg - Head of Investor Relations Gregg Felton - Chief Executive Officer D...
Altus Power, Inc. Announces Third Quarter 2024 Financial Results
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power,” “we,” “us,” “our” or the “Company”), the largest commercial scale provider of clean, electric power, today announced it...
Stock Picks From Seeking Alpha's October 2024 New Analysts
In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, ...
Altus Power Operationalizes Three New Community Solar Projects in Maine
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced the successful completion of three new solar projects in Main...
Altus Power Announces Date for Release of Third Quarter 2024 Financial Results and Conference Call
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced that it will report financial results for the third quarter o...
Altus Power Names Skylar Werde as Head of Community Solar
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced that Skylar Werde has joined the company as Head of Community...
Altus Power Announces Ongoing Review of Strategic Alternatives
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced that a formal review of strategic alternatives has been under...
Altus Power: A Bright Future Amid Looming Debt Challenges
Altus Power represents an attractive investment opportunity due to expected revenue and EBITDA growth, strong partnerships with CBRE and Blackstone, and rising US electricity demand. Despite a 52.5% Y...
Commercial Scale Market Leader, Altus Power, Tops 1GW in Operating Assets
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced that its nationwide portfolio of assets in operation topped o...
Altus Power Announces New Solar Project in San Bernardino, California
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced an agreement to construct a 1.6 megawatt solar project at the...
Altus Power Announces Innovative Tax Partnership, Maximizing Market Efficiency
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced the successful structuring of a groundbreaking tax equity tra...
Renewable Energy, Responsible Practices: Altus Power Releases Third Annual Sustainability Report
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power in the US, today released its 2023 Sustainability Report "Renewable Energy, Re...
Altus Power Announces the Addition of Two Solar Projects in Colorado
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced the addition of two operational solar projects in Colorado, t...
Light Up New York in a New York Minute! Sign Up for Altus Power Community Solar Today
STAMFORD, Conn.--(BUSINESS WIRE)--In the city that never sleeps, every New York minute counts. And now, in just a minute, you can make a lasting impact on your energy bill and the environment. Say hel...
CORRECTING and REPLACING Altus Power Completes Two New Community Solar Projects in Maine
STAMFORD, Conn.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: ALTUS POWER COMPLETES TWO NEW COMMUNITY SOLAR PR...
Altus Power, Inc. (AMPS) Q2 2024 Earnings Call Transcript
Altus Power, Inc. (NYSE:AMPS) Q2 2024 Earnings Conference Call August 8, 2024 4:30 AM ET Company Participants Alison Sternberg - Head, Investor Relations Gregg Felton - Chief Executive Officer Dustin...
Altus Power, Inc. Announces Second Quarter 2024 Financial Results
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the largest commercial scale provider of clean, electric power, today announced its financial results...
Altus Power Announces Appointment of Investment Management Executive, Richard A. Shapiro, to the Board of Directors
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power, announced today that Richard A. Shapiro has joined its Board of Directors. Sh...
Altus Power, Inc. Announces Date for Release of Second Quarter 2024 Financial Results and Conference Call
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced that it will report financial results for the second qu...
Altus Power Acquires 8.5 MW Project in New Jersey
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced the acquisition of an 8.5 MW solar array in New Jersey. The g...
STARTUP VETERAN AND STRUCTURED FINANCE PIONEER LARS NORELL JOINS EDLY AS EXECUTIVE CHAIRMAN
Former Altus Power Co-CEO Adds to the Leadership of Rapidly-Growing Student Finance Firm NEW YORK , June 18, 2024 /PRNewswire/ -- Edly, Inc. – a leading fintech platform that allows investors to part...
Altus Power: Remain Positive On The Strong Value Proposition
While the share price has fallen, I reiterate my buy rating. AMPS benefits from the current macroenvironment and growing demand for electricity. Strategic partnerships with Blackstone and CBRE positio...
Altus Power to Attend Key Investor Conferences
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced its CEO, Gregg Felton, and CFO, Dustin Weber, will atte...
Altus Power, Inc. (AMPS) Q1 2024 Earnings Call Transcript
Altus Power, Inc. (NYSE:AMPS) Q1 2024 Results Conference Call May 9, 2024 4:30 AM ET Company Participants Chris Shelton - Head of Investor Relations Gregg Felton - Chief Executive Officer Dustin Webe...
Altus Power, Inc. Announces First Quarter 2024 Financial Results
STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) ("Altus Power" or the "Company"), the largest commercial scale provider of clean, electric power, today announced its financial results...