Ameresco, Inc. (AMRC)

Ameresco Stock Forecast

Stock Price Forecast

The 8 analysts that cover Ameresco stock have a consensus rating of "Buy" and an average price target of $23, which forecasts a -18.93% decrease in the stock price over the next year. The lowest target is $8.00 and the highest is $35.

Price Target: $23 (-18.93%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$8.00	$23	$23	$35
Change	-71.80%	-18.93%	-18.93%	+23.37%

Analyst Ratings

The average analyst rating for Ameresco stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Apr '25	May '25	Jun '25	Jul '25	Aug '25	Sep '25
Strong Buy	3	2	2	2	2	3
Buy	1	1	1	1	1	2
Hold	3	2	2	2	3	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	2	2	1	1
Total	8	6	7	7	7	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Souther B. Riley Securities	B. Riley Securities	Strong Buy Maintains $22 → $32	Strong Buy	Maintains	$22 → $32	+12.80%	Sep 10, 2025
Ben Kallo Baird	Baird	Hold → Buy Upgrades $23 → $35	Hold → Buy	Upgrades	$23 → $35	+23.37%	Sep 2, 2025
Jon Windham UBS	UBS	Strong Sell → Hold Upgrades $11 → $23	Strong Sell → Hold	Upgrades	$11 → $23	-18.93%	Aug 18, 2025
Julien Dumoulin-Smith Jefferies	Jefferies	Hold Maintains $11 → $19	Hold	Maintains	$11 → $19	-33.03%	Jul 23, 2025
Jon Windham UBS	UBS	Strong Sell Maintains $8 → $11	Strong Sell	Maintains	$8 → $11	-61.23%	Jun 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.95B

Increased by 10.00%

from 1.77B

Revenue Next Year

2.12B

Increased by 9.09%

from 1.95B

EPS This Year

0.77

Decreased by -27.76%

from 1.07

EPS Next Year

1.16

Increased by 50.31%

from 0.77

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.03B	1.22B	1.82B	1.37B	1.77B	1.95B	2.12B
Revenue Growth	19.07%	17.77%	50.07%	-24.65%	28.76%	10.00%	9.09%
EPS	1.10	1.35	1.78	1.17	1.07	0.77	1.16
EPS Growth	18.28%	22.73%	31.85%	-34.27%	-8.55%	-27.76%	50.31%
Forward PE	-	-	-	-	-	36.70	24.42
No. Analysts	-	-	-	-	-	13	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	2.0B	2.2B
Avg	1.9B	2.1B
Low	1.9B	2.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	15.0%	15.0%
Avg	10.0%	9.1%
Low	4.6%	2.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	1.04	1.88
Avg	0.77	1.16
Low	0.61	0.69

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-2.9%	143.2%
Avg	-27.8%	50.3%
Low	-43.2%	-11.2%

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.