Altus Power, Inc. (AMPS)

NYSE: AMPS · IEX Real-Time Price · USD
6.84
0.00 (0.00%)
Nov 25, 2022 1:00 PM EDT - Market closed
Market Cap 1.11B
Revenue (ttm) 95.98M
Net Income (ttm) 9.94M
Shares Out 154.46M
EPS (ttm) 0.52
PE Ratio 13.15
Forward PE 53.19
Dividend n/a
Ex-Dividend Date n/a
Volume 159,036
Open 6.84
Previous Close 6.84
Day's Range 6.77 - 6.93
52-Week Range 4.26 - 14.72
Beta n/a
Analysts Buy
Price Target 13.43 (+96.3%)
Earnings Date Nov 14, 2022

About AMPS

Altus Power, Inc., a clean electrification company, originates, develops, owns, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. The company serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc. was founded in 2013 and is based in Stamford, Connecticut. [Read more]

Industry Utilities-Renewable
Founded 2009
Employees 61
Stock Exchange NYSE
Ticker Symbol AMPS
Full Company Profile

Financial Performance

In 2021, Altus Power's revenue was $71.80 million, an increase of 58.58% compared to the previous year's $45.28 million. Earnings were $5.91 million, a decrease of -13.06%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for AMPS stock is "Buy." The 12-month stock price forecast is 13.43, which is an increase of 96.35% from the latest price.

Price Target
$13.43
(96.35% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Altus Power Unveils New App to Connect Residential Customers to Local Clean Energy

STAMFORD, Conn.--( BUSINESS WIRE )--Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS) today announced it has launched its digital platform for Community Solar and it is now available on th...

1 week ago - Business Wire

Altus Power, Inc. Announces Closing of 88 MW of Assets

STAMFORD, Conn.--( BUSINESS WIRE )--Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today ann...

1 week ago - Business Wire

Why Altus Power Stock Is Tumbling Today

The clean power company disappointed investors.

1 week ago - The Motley Fool

Altus Power, Inc. Announces Third Quarter 2022 Financial Results

STAMFORD, Conn.--( BUSINESS WIRE )--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), a premier commercial-scale clean electrification company, today announced its financial results for t...

1 week ago - Business Wire

Altus Power, Inc. Reminds Investors of the Redemption of Public and Private Placement Warrants

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”) (Nasdaq: AMPS), announced that as of October 10, 2022, approximately 10,839,987 public and private place...

1 month ago - Business Wire

Best-Performing Stocks of the Top ETF of Q3

ALPS Clean Energy ETF (ACES) topped the list of the best-performing U.S. equity ETFs in Q3, gaining about 11%. The rally was driven by the Inflation Reduction Act, which focuses on making the climate gr...

Other symbols: FSLRMNTKSTEM
1 month ago - Zacks Investment Research

Why Altus Power Shares Are Diving - Altus Power (NYSE:AMPS)

Altus Power Inc (NYSE: AMPS) shares are trading lower by 18.55% to $11.59 Thursday morning after the company priced a 7 million share secondary underwritten public offering of Class A common stock at $1...

1 month ago - Benzinga

Altus Power, Inc. Announces Pricing of Secondary Underwritten Public Offering of Class A Common Stock

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (“Altus Power”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced the pricing ...

1 month ago - Business Wire

Altus Power, Inc. Announces Secondary Underwritten Public Offering of Class a Common Stock

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (“Altus Power”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today announced that a selli...

1 month ago - Business Wire

Altus Power ($AMPS) to Acquire Approximately 97 Megawatts of Solar Assets for $220 Million

Altus Power has signed definitive agreements to acquire a portfolio containing 97 megawatts of operating solar assets for approximately $220 million. The company says it will finance the acquisition thr...

1 month ago - Green Stock News

Altus Power, Inc. Announces Definitive Agreements to Acquire Approximately 97 Megawatts of Operating Solar Assets

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (“Altus Power” or the “Company”) (NYSE: AMPS), the premier independent developer, owner and operator of commercial-scale solar facilities, today annou...

1 month ago - Business Wire

Top 5 Stocks With Double-Digit Returns in the Past Month

We have narrowed our search to five stocks that have popped in the past month. These are : NTNX, INSW, STOR, LANC and AMPS.

Other symbols: INSWLANCNTNXSTOR
2 months ago - Zacks Investment Research

Altus Power, Inc. Announces Redemption of Public and Private Placement Warrants

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the premier independent developer, owner and operator of commercial-scale solar facilities, today annou...

2 months ago - Business Wire

Altus Power, Inc. Announces the Addition of Greg Roer to its Origination Team

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the premier independent developer, owner and operator of commercial-scale solar facilities, today annou...

2 months ago - Business Wire

Does Altus Power, Inc. (AMPS) Have the Potential to Rally 26% as Wall Street Analysts Expect?

The consensus price target hints at a 26.4% upside potential for Altus Power, Inc. (AMPS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings e...

2 months ago - Zacks Investment Research

Here's Why Altus Power, Inc. (AMPS) is a Great Momentum Stock to Buy

Does Altus Power, Inc. (AMPS) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Altus Power, Inc. Applauds Signing of Inflation Reduction Act

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the premier independent developer, owner and operator of commercial-scale solar facilities, today issue...

3 months ago - Business Wire

CBRE Investment Management Announces Enhanced Focus on Solar, Battery Storage as Part of Sustainability Initiative in...

NEW YORK--(BUSINESS WIRE)--CBRE Investment Management announced today a sustainability initiative that is intended to scale the development of solar projects within its direct logistics portfolio, which...

3 months ago - Business Wire

Altus Power, Inc. Announces Second Quarter 2022 Financial Results

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), a premier commercial-scale clean electrification company, today announced its financial results for the...

3 months ago - Business Wire

Altus Power, Inc. Announces Inaugural Sustainability Report

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the premier independent owner and operator of commercial-scale solar facilities, today released its 202...

3 months ago - Business Wire

Altus Power, Inc. Announces Timing of Release of Second Quarter 2022 Financial Results and Conference Call

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. Announces Q2 2022 Earnings Release Date

4 months ago - Business Wire

Altus Power, Inc. Announces Inclusion in MAC Global Solar Energy Stock Index

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power” or the “Company”), the premier independent owner and operator of commercial-scale solar facilities, today announced that i...

4 months ago - Business Wire

Altus Power, Inc. set to join Russell 2000® Index

STAMFORD, Conn. , June 21, 2022 /PRNewswire/ -- Altus Power, Inc. (NYSE: AMPS) ("Altus Power" or the "Company"), the premier independent owner and operator of commercial-scale solar facilities, is set t...

5 months ago - PRNewsWire