Ameresco (NYSE:AMRC) Stock Price Expected to Rise, Canaccord Genuity Group Analyst Says

Key Points

• Canaccord Genuity raised its price target on Ameresco from $50 to $59 and kept a "buy" rating, implying roughly an 86.8% upside from the prior close.
• Q1 was mixed: revenue of $401.5M beat estimates and rose 13.8% year-over-year, but EPS missed (‑$0.33 vs. ‑$0.27); management set FY2026 guidance of 1.060–1.280 EPS (analysts average ~1.1).
• Brokerage coverage is split — seven Buys, three Holds and two Sells with an average rating of "Hold" and an average price target of $42.11 — and insiders have recently sold shares (about 16,920 shares over the last three months).

Ameresco (NYSE:AMRC - Get Free Report) had its price objective boosted by stock analysts at Canaccord Genuity Group from $50.00 to $59.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the utilities provider's stock. Canaccord Genuity Group's price objective would suggest a potential upside of 86.77% from the company's previous close.

A number of other equities research analysts have also recently weighed in on AMRC. B. Riley Financial lifted their price objective on Ameresco from $45.00 to $47.00 and gave the company a "buy" rating in a research note on Wednesday, March 4th. Stifel Nicolaus restated a "buy" rating and issued a $38.00 price target (up from $37.00) on shares of Ameresco in a research note on Wednesday, March 11th. Zacks Research downgraded shares of Ameresco from a "hold" rating to a "strong sell" rating in a research note on Monday. Wall Street Zen downgraded shares of Ameresco from a "hold" rating to a "sell" rating in a research note on Saturday, January 10th. Finally, Weiss Ratings downgraded shares of Ameresco from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday, March 5th. Seven analysts have rated the stock with a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Ameresco presently has an average rating of "Hold" and an average price target of $42.11.

Ameresco Trading Up 2.7%

Shares of NYSE AMRC traded up $0.82 during trading on Wednesday, reaching $31.59. The stock had a trading volume of 637,444 shares, compared to its average volume of 527,635. Ameresco has a fifty-two week low of $12.37 and a fifty-two week high of $44.93. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.50 and a current ratio of 1.51. The business's 50-day moving average price is $27.14 and its 200-day moving average price is $31.04. The company has a market cap of $1.67 billion, a P/E ratio of 54.47, a PEG ratio of 2.61 and a beta of 2.55.

Ameresco (NYSE:AMRC - Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The utilities provider reported ($0.33) earnings per share for the quarter, missing analysts' consensus estimates of ($0.27) by ($0.06). Ameresco had a net margin of 1.59% and a return on equity of 3.34%. The firm had revenue of $401.46 million during the quarter, compared to analyst estimates of $362.92 million. During the same period in the previous year, the firm posted ($0.11) earnings per share. The company's quarterly revenue was up 13.8% compared to the same quarter last year. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. On average, equities research analysts predict that Ameresco will post 1.1 EPS for the current fiscal year.

Insider Activity at Ameresco

In related news, Director Nickolas Stavropoulos sold 15,700 shares of the business's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $34.15, for a total transaction of $536,155.00. Following the completion of the transaction, the director owned 14,111 shares in the company, valued at approximately $481,890.65. The trade was a 52.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold a total of 16,920 shares of company stock worth $574,440 in the last three months. Insiders own 44.96% of the company's stock.

Hedge Funds Weigh In On Ameresco

Institutional investors and hedge funds have recently modified their holdings of the company. State of Wyoming acquired a new position in shares of Ameresco during the fourth quarter worth $27,000. CoreCap Advisors LLC acquired a new position in shares of Ameresco during the third quarter worth $50,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Ameresco during the fourth quarter worth $48,000. Fifth Third Bancorp acquired a new position in shares of Ameresco during the first quarter worth $44,000. Finally, Summit Securities Group LLC acquired a new position in shares of Ameresco during the fourth quarter worth $55,000. Institutional investors and hedge funds own 99.24% of the company's stock.

Ameresco News Summary

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Robert W. Baird cut its price target from $44 to $36 but kept an “outperform” rating, signaling continued analyst confidence in AMRC’s longer-term upside. Baird Lowers Price Target to $36
• Positive Sentiment: Management’s Q1 earnings call emphasized a “transformative growth path” and pipeline opportunities that support the company’s multi-year growth thesis. Ameresco Earnings Call Highlights Transformative Growth Path
• Positive Sentiment: Brokerage consensus remains constructive on balance — the group average is still around a “moderate buy,” which cushions downside from isolated negative notes. Ameresco Receives Average Rating of Moderate Buy
• Neutral Sentiment: Q1 results were mixed: revenue beat estimates (showing y/y growth) but EPS missed (reported -$0.33 vs. -$0.27 estimate). Management provided FY2026 EPS guidance, which gives forward visibility but leaves the quarter’s profitability questions front-and-center. Ameresco Q1 2026 Earnings Transcript
• Negative Sentiment: Zacks downgraded AMRC to a “strong sell” (Zacks Rank #5), a high-visibility negative rating that can pressure sentiment and trigger outsized flows from model-driven funds. New Strong Sell Stocks for May 5th (Zacks)
• Negative Sentiment: TipRanks flagged an expanded regulatory/risk disclosure in Ameresco’s Form 10‑K, highlighting emerging/regulatory risks that could increase investor caution around execution and compliance. Ameresco Faces Broad and Emerging Risks — Form 10-K
• Negative Sentiment: Several media write-ups noted the stock fell after the quarter despite top-line strength — a sign that investors are focused on near-term profitability and the EPS miss. Ameresco Exceeds Q1 Expectations but Stock Drops (MSN)

Ameresco Company Profile

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.

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