Altus Power, Inc. (AMPS)
NYSE: AMPS · Real-Time Price · USD
3.810
+0.010 (0.26%)
Jan 17, 2025, 4:00 PM EST - Market closed
Altus Power Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Altus Power stock have an average target of 5.38, with a low estimate of 4.00 and a high estimate of 7.00. The average target predicts an increase of 41.21% from the current stock price of 3.81.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 22, 2024.
Analyst Ratings
The average analyst rating for Altus Power stock from 9 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 6 | 6 | 6 | 6 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 10 | 10 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Dec 12, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $7 → $5.5 | Strong Buy | Maintains | $7 → $5.5 | +44.36% | Oct 22, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | +18.11% | Oct 16, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $8 → $4 | Buy → Hold | Downgrades | $8 → $4 | +4.99% | Aug 21, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $5.5 → $4.5 | Strong Buy | Maintains | $5.5 → $4.5 | +18.11% | Aug 12, 2024 |
Financial Forecast
Revenue This Year
202.58M
from 155.16M
Increased by 30.56%
Revenue Next Year
238.90M
from 202.58M
Increased by 17.93%
EPS This Year
0.35
from -0.06
EPS Next Year
0.03
from 0.35
Decreased by -92.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 211.5M | 258.1M | 308.3M |
| Avg | 202.6M | 238.9M | 283.5M |
| Low | 192.1M | 215.7M | 253.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.3% | 27.4% | 29.0% |
| Avg | 30.6% | 17.9% | 18.7% |
| Low | 23.8% | 6.5% | 6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.48 | 0.38 | 0.58 |
| Avg | 0.35 | 0.03 | 0.05 |
| Low | 0.26 | -0.13 | -0.15 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 7.2% | 2,102.2% |
| Avg | - | -92.6% | 94.5% |
| 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.