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Altus Power (AMPS) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

AMPS Stock Forecast

Altus Power (AMPS) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $4.50, with a high of $4.50 and a low of $4.50. This represents a 16.88% increase from the last price of $3.85.

High: $4.5 Avg: $4.5 Low: $4.5 Last Closed Price: $3.85

AMPS Stock Rating

Altus Power stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (60.00%), 2 Hold (40.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 2 3 Strong Sell Sell Hold Buy Strong Buy

AMPS Forecast vs Benchmarks

TypeNameUpside
StockAltus Power16.88%
SectorUtilities Stocks11.08%

Price Target Trends

1M3M12M
# Anlaysts--4
Avg Price Target--$6.00
Last Closing Price$3.85$3.85$3.85
Upside/Downside--55.84%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25251-19
Dec, 24262-111
Nov, 24262--10
Oct, 24272--11
Sep, 24272--11
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 16, 2024Justin ClareRoth Capital$4.50$3.0249.01%16.88%
Jun 03, 2024Jeff CampbellSeaport Global$6.50$4.0560.49%68.83%
May 15, 2024Christopher SoutherB.Riley Financial$6.00$4.1644.23%55.84%
May 15, 2024James WestEvercore ISI$7.00$4.2265.88%81.82%
Jan 10, 2023Morgan Stanley$12.00$7.7754.44%211.69%
Jan 04, 2023Evercore ISI$15.00$6.20141.94%289.61%
Sep 22, 2022Morgan Stanley$14.00$11.9517.15%263.64%
Aug 18, 2022Morgan Stanley$12.50$11.508.70%224.68%
Aug 08, 2022J.P. Morgan$11.00$9.4915.91%185.71%
Jun 13, 2022Morgan Stanley$10.00$7.3036.99%159.74%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Aug 21, 2024Morgan StanleyOverweightEqual-Weightdowngrade
Jun 03, 2024Seaport GlobalBuyinitialise
May 15, 2024Evercore ISIOutperformOutperformhold
Jan 10, 2023Morgan StanleyEqual-WeightOverweightupgrade
Jan 04, 2023Evercore ISIOutperforminitialise
Nov 14, 2022Goldman SachsNeutralupgrade
Sep 22, 2022Morgan StanleyEqual-WeightEqual-Weighthold
Aug 18, 2022Morgan StanleyEqual-WeightEqual-Weighthold
Jun 13, 2022Morgan StanleyEqual-WeightEqual-Weighthold

Financial Forecast

EPS Forecast

Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.13$0.36$-0.06-----
Avg Forecast$-0.10$-0.05$0.12$0.31$-0.05$-0.02$1.06$1.07
High Forecast$-0.12$-0.06$0.08$0.29$-0.06$-0.07$1.00$1.01
Low Forecast$-0.09$-0.05$0.17$0.34$-0.03$0.17$1.12$1.13
Surprise %-230.00%-820.00%-150.00%-----

Revenue Forecast

$50M $160M $270M $380M $490M $600M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$71.80M$101.16M$155.16M-----
Avg Forecast$74.09M$102.83M$164.43M$198.56M$232.04M$275.20M$408.00M$561.00M
High Forecast$70.24M$99.49M$162.39M$195.96M$225.13M$274.64M$391.53M$538.36M
Low Forecast$82.72M$106.62M$168.11M$201.35M$239.11M$275.76M$426.52M$586.47M
Surprise %-3.10%-1.62%-5.64%-----

Net Income Forecast

$-50M $0 $50M $100M $150M $200M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$13.01M$55.44M$-9.36M-----
Avg Forecast$-15.88M$-8.43M$19.88M$50.00M$-9.16M$-6.06M$168.22M$169.81M
High Forecast$-18.28M$-8.83M$12.56M$45.71M$-10.23M$-11.77M$159.40M$160.90M
Low Forecast$-14.81M$-8.07M$27.21M$54.28M$-5.51M$26.68M$178.15M$179.83M
Surprise %-181.89%-757.75%-147.05%-----

AMPS Forecast FAQ

Is Altus Power stock a buy?

Altus Power stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Altus Power is a favorable investment for most analysts.

What is Altus Power's price target?

Altus Power's price target, set by 5 Wall Street analysts, averages $4.5 over the next 12 months. The price target range spans from $4.5 at the low end to $4.5 at the high end, suggesting a potential 16.88% change from the previous close price of $3.85.

How does Altus Power stock forecast compare to the average forecast of its sector, industry, and investment themes?

Altus Power stock forecast shows a 16.88% upside, outperforming the average forecast for the utilities stocks sector (11.08%).

What is the breakdown of analyst ratings for Altus Power over the past three months?

  • January 2025: 22.22% Strong Buy, 55.56% Buy, 11.11% Hold, 0% Sell, 11.11% Strong Sell.
  • December 2024: 18.18% Strong Buy, 54.55% Buy, 18.18% Hold, 0% Sell, 9.09% Strong Sell.
  • November 2024: 20.00% Strong Buy, 60.00% Buy, 20.00% Hold, 0% Sell, 0% Strong Sell.

What is Altus Power’s EPS forecast?

Altus Power's average annual EPS forecast for its fiscal year ending in December is 0.31 for 2024, a -616.67% decrease from the reported $-0.06 in 2023. The prediction for 2025 is $-0.05, $-0.02 for 2026, $1.06 for 2027, and $1.07 for 2028.

What is Altus Power’s revenue forecast?

Altus Power's average annual revenue forecast for its fiscal year ending in December is $198.56M for 2024, a 27.97% increase from the reported $155.16M in 2023. The forecast for 2025 is $232.04M, $275.2M for 2026, $408M for 2027, and $561M for 2028.

What is Altus Power’s net income forecast?

For its fiscal year ending in December, Altus Power's average annual net income forecast is $50M for 2024, reflecting a -634.42% decrease from the reported $-9.355M in 2023. The projection for 2025 is $-9.164M, $-6.056M for 2026, $168.22M for 2027, and $169.81M for 2028.