Altus Power, Inc. (AMPS)
NYSE: AMPS · IEX Real-Time Price · USD
3.720
-0.230 (-5.82%)
Apr 16, 2024, 4:00 PM EDT - 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 8.81, with a low estimate of 7.00 and a high estimate of 10. The average target predicts an increase of 136.83% from the current stock price of 3.72.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $7.00 $8.81 $9.00 $10
Change +88.17% +136.83% +141.94% +168.82%

Analyst Ratings

The average analyst rating for Altus Power stock from 8 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 444444
Buy 444444
Hold 000000
Sell 000000
Strong Sell 000000
Total 888888

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$9
Buy Maintains $9 +141.94% Apr 11, 2024
Roth MKM
Roth MKM
Strong Buy
Maintains
$8$7
Strong Buy Maintains $8$7 +88.17% Mar 15, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$8$10
Strong Buy Maintains $8$10 +168.82% Feb 5, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$11$9
Buy Maintains $11$9 +141.94% Dec 8, 2023
Northland Capital Markets
Northland Capital Markets
Buy
Initiates
$10
Buy Initiates $10 +168.82% Nov 30, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
219.58M
from 155.16M
Increased by 41.52%
Revenue Next Year
305.44M
from 219.58M
Increased by 39.10%
EPS This Year
-0.03
from -0.06
EPS Next Year
0.22
from -0.03
Year 20192020202120222023202420252026
Revenue
37.43M45.28M71.80M101.16M155.16M219.58M305.44M425.68M
Revenue Growth
-20.95%58.58%40.90%53.38%41.52%39.10%39.37%
EPS
-8,129.000.070.060.35-0.06-0.030.220.27
EPS Growth
---14.29%483.33%---22.35%
No. Analysts -----1094
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 231.3M 356.4M 545.4M
Avg 219.6M 305.4M 425.7M
Low 205.8M 254.0M 308.9M

Revenue Growth

Revenue Growth 202420252026
High
49.1%
62.3%
78.6%
Avg
41.5%
39.1%
39.4%
Low
32.6%
15.7%
1.1%

EPS Forecast

EPS 202420252026
High 0.16 0.58 0.59
Avg -0.03 0.22 0.27
Low -0.17 -0.12 -0.04

EPS Growth

EPS Growth 202420252026
High - -
171.3%
Avg - -
22.4%
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.