Ameresco, Inc. (AMRC)
NYSE: AMRC · IEX Real-Time Price · USD
31.51
-0.50 (-1.56%)
At close: Jul 19, 2024, 4:00 PM
31.52
+0.01 (0.03%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Ameresco Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Ameresco stock have an average target of 39.5, with a low estimate of 30 and a high estimate of 73. The average target predicts an increase of 25.36% from the current stock price of 31.51.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for Ameresco stock from 13 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 6 |
| Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Hold | 4 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Maintains $36 → $39 | Strong Buy | Maintains | $36 → $39 | +23.77% | May 14, 2024 |
| Stifel | Stifel | Strong Buy Maintains $35 → $32 | Strong Buy | Maintains | $35 → $32 | +1.56% | May 9, 2024 |
| Baird | Baird | Buy Maintains $28 → $32 | Buy | Maintains | $28 → $32 | +1.56% | May 9, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $40 → $37 | Strong Buy | Maintains | $40 → $37 | +17.42% | Apr 22, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 17, 2024 |
Financial Forecast
Revenue This Year
1.68B
from 1.37B
Increased by 22.36%
Revenue Next Year
1.88B
from 1.68B
Increased by 11.95%
EPS This Year
1.39
from 1.17
Increased by 19.17%
EPS Next Year
1.94
from 1.39
Increased by 39.43%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.8B | 2.0B | 2.2B | 2.4B | 2.5B |
| Avg | 1.7B | 1.9B | 2.1B | 2.3B | 2.4B |
| Low | 1.5B | 1.8B | 1.9B | 2.2B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.1% | 19.3% | 19.0% | 13.3% | 8.9% |
| Avg | 22.4% | 12.0% | 10.7% | 8.8% | 5.8% |
| Low | 11.7% | 4.5% | 3.2% | 3.3% | 1.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.56 | 2.40 | 3.18 | 2.80 |
| Avg | 1.39 | 1.94 | 2.90 | 2.72 |
| Low | 1.20 | 1.49 | 2.34 | 2.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 33.7% | 72.4% | 63.6% | -3.5% |
| Avg | 19.2% | 39.4% | 49.4% | -6.2% |
| Low | 2.2% | 6.8% | 20.5% | -9.9% |
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.