Altus Power, Inc. (AMPS)

NYSE: AMPS · Real-Time Price · USD
3.550
+0.080 (2.31%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.31%
Market Cap 568.00M
Revenue (ttm) 185.99M
Net Income (ttm) 35.47M
Shares Out 160.00M
EPS (ttm) 0.22
PE Ratio 16.12
Forward PE 1,590.59
Dividend n/a
Ex-Dividend Date n/a
Volume 1,584,524
Open 3.410
Previous Close 3.470
Day's Range 3.380 - 3.560
52-Week Range 2.710 - 7.280
Beta 1.04
Analysts Strong Buy
Price Target 5.38 (+51.55%)
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]

Sector Utilities
Founded 2009
Employees 93
Stock Exchange NYSE
Ticker Symbol AMPS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for AMPS stock is "Strong Buy." The 12-month stock price forecast is $5.38, which is an increase of 51.55% from the latest price.

Price Target
$5.38
(51.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Emeren Group Sells 2.8 MW Maine Solar Project to Altus Power

NORWALK, Conn. , Dec. 20, 2024 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced...

Other symbols: SOL
1 day ago - PRNewsWire

Altus Power Announces Completion of Solar Rooftop Array in Illinois

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced the completion of a new 760kW solar system in Cherry Valley, ...

2 days ago - Business Wire

Green Stock News for December 17, 2024: $JOBY $CHPT $NVX $AMPS

Welcome to the Green Stock News brief for Tuesday, December 17th. Here are today's top headlines: Joby Aviation (NYSE: JOBY) has completed FAA-certified static load testing of its aircraft's tail stru...

Other symbols: JOBYCHPTNVX
4 days ago - Green Stock News

Altus Power and CBRE Partner on 10.5 MW Project at the Arsenal Trade Center in New Jersey

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced an agreement to construct a 10.5-megawatt solar project on th...

4 days ago - Business Wire

Altus Power Strengthens its Presence in Maine with Operationalization of Three New Community Solar Projects

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial-scale provider of clean electric power, today announced the acquisition of three operational projects in Maine, addin...

16 days ago - Business Wire

Altus Power to Attend Key Industry Conferences

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, today announced that Gregg Felton, CEO will be participating in various indus...

18 days ago - Business Wire

Altus Power Announces Acquisition of 3.4 MW Community Solar Development Project in Maryland from Chaberton Energy

STAMFORD, Conn. & ROCKVILLE, Md.--(BUSINESS WIRE)--Altus Power, the largest commercial-scale provider of clean electric power, today announced the acquisition of a 3.4 MW solar project from Chaberton ...

4 weeks ago - Business Wire

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...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - Business Wire

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, ...

6 weeks ago - Seeking Alpha

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

7 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire