Altus Power, Inc. (AMPS)
NYSE: AMPS · Real-Time Price · USD
3.910
-0.130 (-3.22%)
Dec 3, 2024, 12:09 PM EST - Market open
Altus Power Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Altus Power stock have an average target of 5.89, with a low estimate of 4.00 and a high estimate of 10. The average target predicts an increase of 50.64% from the current stock price of 3.91.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 22, 2024.
Analyst Ratings
The average analyst rating for Altus Power stock from 10 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Buy | 3 | 3 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $7 → $5.5 | Strong Buy | Maintains | $7 → $5.5 | +40.66% | Oct 22, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $4.5 | Strong Buy | Reiterates | $4.5 | +15.09% | Oct 16, 2024 |
| Morgan Stanley | Morgan Stanley | Buy → Hold Downgrades $8 → $4 | Buy → Hold | Downgrades | $8 → $4 | +2.30% | Aug 21, 2024 |
| Maxim Group | Maxim Group | Strong Buy Maintains $5.5 → $4.5 | Strong Buy | Maintains | $5.5 → $4.5 | +15.09% | Aug 12, 2024 |
| UBS | UBS | Strong Buy Maintains $5.5 → $5 | Strong Buy | Maintains | $5.5 → $5 | +27.88% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
202.25M
from 155.16M
Increased by 30.35%
Revenue Next Year
238.23M
from 202.25M
Increased by 17.79%
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 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 211.5M | 258.1M | 308.3M | ||
| Avg | 202.3M | 238.2M | 283.2M | ||
| Low | 192.1M | 215.7M | 253.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.3% | 27.6% | 29.4% | ||
| Avg | 30.3% | 17.8% | 18.9% | ||
| Low | 23.8% | 6.7% | 6.5% |
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.