Ameresco, Inc. (AMRC)
NYSE: AMRC · IEX Real-Time Price · USD
20.98
-0.31 (-1.46%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Ameresco Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Ameresco stock have an average target of 48.36, with a low estimate of 30 and a high estimate of 80. The average target predicts an increase of 130.51% from the current stock price of 20.98.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Ameresco stock from 14 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 6 | 6 | 7 | 7 | 7 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 3 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $40 → $37 | Strong Buy | Maintains | $40 → $37 | +76.36% | Apr 22, 2024 |
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 17, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $32 → $30 | Buy | Maintains | $32 → $30 | +42.99% | Apr 11, 2024 |
| Raymond James | Raymond James | Buy Maintains $40 → $35 | Buy | Maintains | $40 → $35 | +66.83% | Apr 3, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Mar 12, 2024 |
Financial Forecast
Revenue This Year
1.66B
from 1.37B
Increased by 20.83%
Revenue Next Year
1.87B
from 1.66B
Increased by 12.46%
EPS This Year
1.43
from 1.17
Increased by 22.05%
EPS Next Year
2.07
from 1.43
Increased by 45.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.8B | 2.0B | 2.1B |
| Avg | 1.7B | 1.9B | 2.0B |
| Low | 1.5B | 1.7B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 29.9% | 22.9% | 14.7% |
| Avg | 20.8% | 12.5% | 9.2% |
| Low | 10.9% | 2.0% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.59 | 2.57 | 3.30 |
| Avg | 1.43 | 2.07 | 3.03 |
| Low | 1.26 | 1.48 | 2.74 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.5% | 80.1% | 59.0% |
| Avg | 22.1% | 45.2% | 46.2% |
| Low | 8.1% | 3.6% | 32.3% |
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.