Ameresco, Inc. (AMRC)
NYSE: AMRC · Real-Time Price · USD
22.35
+0.25 (1.13%)
Dec 20, 2024, 4:00 PM EST - Market closed
Ameresco Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Ameresco stock have an average target of 36.88, with a low estimate of 33 and a high estimate of 42. The average target predicts an increase of 65.01% from the current stock price of 22.35.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 11, 2024.
Analyst Ratings
The average analyst rating for Ameresco 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 12 | 12 | 12 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $32 → $34 | Strong Buy | Maintains | $32 → $34 | +52.13% | Nov 11, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $35 → $38 | Buy | Maintains | $35 → $38 | +70.02% | Oct 22, 2024 |
| Baird | Baird | Buy Maintains $32 → $42 | Buy | Maintains | $32 → $42 | +87.92% | Sep 23, 2024 |
| UBS | UBS | Strong Buy Maintains $39 → $40 | Strong Buy | Maintains | $39 → $40 | +78.97% | Sep 5, 2024 |
| Jefferies | Jefferies | Hold Initiates $33 | Hold | Initiates | $33 | +47.65% | Sep 4, 2024 |
Financial Forecast
Revenue This Year
1.80B
from 1.37B
Increased by 30.87%
Revenue Next Year
2.00B
from 1.80B
Increased by 11.01%
EPS This Year
1.16
from 1.17
Decreased by -0.77%
EPS Next Year
1.70
from 1.16
Increased by 46.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.9B | 2.4B | 2.6B | |||
| Avg | 1.8B | 2.0B | 2.3B | |||
| Low | 1.7B | 1.8B | 2.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 37.5% | 32.7% | 32.2% | |||
| Avg | 30.9% | 11.0% | 12.8% | |||
| Low | 24.6% | -0.1% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.33 | 2.16 | 3.01 | |||
| Avg | 1.16 | 1.70 | 2.55 | |||
| Low | 0.93 | 1.24 | 1.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 14.0% | 86.3% | 77.3% | |||
| Avg | -0.8% | 46.4% | 50.0% | |||
| Low | -20.4% | 7.2% | -3.7% |
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.