Altus Power, Inc. (AMPS)

NYSE: AMPS · IEX Real-Time Price · USD
3.820
+0.200 (5.52%)
At close: Apr 23, 2024, 4:00 PM
3.970
+0.150 (3.93%)
After-hours: Apr 23, 2024, 7:37 PM EDT
5.52%
Market Cap 610.71M
Revenue (ttm) 155.16M
Net Income (ttm) -9.36M
Shares Out 159.87M
EPS (ttm) -0.06
PE Ratio n/a
Forward PE 666.67
Dividend n/a
Ex-Dividend Date n/a
Volume 1,742,003
Open 3.600
Previous Close 3.620
Day's Range 3.565 - 3.840
52-Week Range 3.565 - 7.280
Beta 0.88
Analysts Strong Buy
Price Target 8.44 (+120.94%)
Earnings Date May 9, 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 8 analysts, the average rating for AMPS stock is "Strong Buy." The 12-month stock price forecast is $8.44, which is an increase of 120.94% from the latest price.

Price Target
$8.44
(120.94% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Altus Power, Inc. Announces Date for Release of First 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 first qua...

8 days ago - Business Wire

Altus Power, Inc. Announces Fourth Quarter and Full Year 2023 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...

5 weeks ago - Business Wire

Altus Power Announces Appointment of CBRE Chief Sustainability Officer, Robert Bernard, to Board of Directors

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the largest commercial scale provider of clean, electric power, today announced the appointment of Robert Bernard, CBRE's Chief Sustainabili...

7 weeks ago - Business Wire

Altus Power, Inc. Announces Date for Release of Full Year 2023 Financial Results and Conference Call

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced that it will report financial results for the full year...

2 months ago - Business Wire

Altus Power Announces Acquisition of 84MW Portfolio from Vitol, Adding Thousands of Customers in New York, New Jersey, and Maine

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the signing and closing of approximately 84 MWs of commercial...

2 months ago - Business Wire

Altus Power to Participate at Upcoming Consumer Electronics Show, the CRREM – UN Environment Programme Finance Initiative Webinar Series and the Needham Growth Conference

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced its co-CEOs, Gregg Felton, Lars Norell, and other members of ...

3 months ago - Business Wire

Altus Power Announces Financing from Goldman Sachs and CPP Investments

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the closing of secured credit facility having a princip...

4 months ago - Business Wire

Altus Power Announces Closing of 121 Megawatts in Solar Assets from Basalt and Soltage

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the closing of its acquisition of Project Hyperion, LLC...

4 months ago - Business Wire

Altus Power Expands West Coast Presence with Acquisition of Unico Solar

STAMFORD, Conn.--(BUSINESS WIRE)--Continuing its growth momentum and further cementing its presence on the West Coast, Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric...

4 months ago - Business Wire

Brightcore Energy Announces New Community Solar Project with Altus Power and Brennan Investment Group

ARMONK, N.Y.--(BUSINESS WIRE)--Brightcore Energy announces new community solar project with Altus Power and Brennan Investment Group in New Jersey.

5 months ago - Business Wire

Altus Power Kicks Off December Investor Engagement

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced its co-CEOs, Gregg Felton and Lars Norell, and other members ...

5 months ago - Business Wire

Altus Power Unveils Altus IQ™: Delivering AI-Powered Insights Designed to Help Businesses Meet and Measure Sustainability Goals

STAMFORD, Conn.--(BUSINESS WIRE)--Ushering in a new era of responsible corporate stewardship, Altus Power (NYSE: AMPS) today announced its AI-powered SaaS solution for businesses, Altus IQ™, designed ...

5 months ago - Business Wire

Altus Power Announces New Construction Facility

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the closing of its Blackstone Construction Facility. Th...

5 months ago - Business Wire

Altus Power, Inc. Announces Third Quarter 2023 Financial Results

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced its financial results for the third quarter of 2023. “D...

5 months ago - Business Wire

Transwestern Partners With Altus Power to Explore Decarbonization Opportunities

DALLAS--(BUSINESS WIRE)--Transwestern Investment Group (TIG®) and Altus Power, the leading commercial-scale provider of clean electric power, today announced an exclusive strategic partnership to expl...

5 months ago - Business Wire

Altus Power, Inc. Announces Appointment of Tina Chan Reich to Board of Directors

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), a leading commercial-scale provider of clean electric power, announced today that Tina Chan Reich has joined its Board of Directors. M...

6 months ago - Business Wire

Altus Power and Brightcore Energy Announce Completion of Multiple Solar Projects Across New Jersey

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc., (NYSE: AMPS), the leading commercial-scale provider of clean electric power, and Brightcore Energy, a leader in developing and implementing renewab...

6 months ago - Business Wire

Altus Power, Inc. Announces Date for Release of Third Quarter 2023 Financial Results and Conference Call

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced that it will report financial results for the third qua...

7 months ago - Business Wire

Altus Power Announces New Awards in the Illinois Community Solar Program

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced it has been awarded program allocation for an additional 18 M...

7 months ago - Business Wire

Altus Power and Brightcore Energy Announce New Carport Solar Arrays at Morgan Stanley's Westchester Campus

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc., (NYSE: AMPS), the leading commercial-scale provider of clean electric power, and Brightcore Energy, a leader in developing and implementing renewab...

Other symbols: MS
7 months ago - Business Wire

Altus Power Adds 3 MW of Solar Assets in the Greater Boston Area

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the leading commercial-scale provider of clean electric power, today announced the addition of 3 MW in solar arrays to its operating portfol...

8 months ago - Business Wire

Altus Power, Inc. Announces Second Quarter 2023 Financial Results

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power, Inc. (NYSE: AMPS) (“Altus Power,” “we,” “us,” “our,” or the “Company”), the leading commercial-scale provider of clean electric power, today announced it...

9 months ago - Business Wire

Making Power, Making Progress: Altus Power Releases Second Annual Sustainability Report

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the leading independent owner and operator of commercial-scale solar solutions, today released its 2022 Sustainability Report, “Making Power...

9 months ago - Business Wire

Altus Power Announces New Solar & Energy Storage Asset in Massachusetts

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), the leading independent owner of commercial-scale solar solutions, today announced the addition of a new combined 10 megawatt solar plus 15 ...

9 months ago - Business Wire

Altus Power Announces Acquisition of 4.4 MW Portfolio in Southern California

STAMFORD, Conn.--(BUSINESS WIRE)--Altus Power (NYSE: AMPS), a leading independent developer, owner and operator of commercial-scale solar facilities, today announced that it has acquired approximately...

Other symbols: APO
9 months ago - Business Wire