Robert W. Baird Issues Pessimistic Forecast for Ameresco (NYSE:AMRC) Stock Price

Key Points

• Robert W. Baird cut its price target on Ameresco from $44 to $36 while maintaining an "outperform" rating, a target that implies roughly a 14.6% upside from the stock's prior close.
• Ameresco's Q1 revenue beat at $401.5M (vs. $362.9M est., +13.8% YoY) but it missed on EPS (loss of $0.33 vs. -$0.27 est.), and management guided FY2026 EPS to $1.06–$1.28.
• Analyst views are mixed despite a consensus "Moderate Buy" and $39.10 average target—individual targets range widely (e.g., Canaccord $50, UBS $28) and Weiss Ratings recently downgraded the stock to a sell.

Ameresco (NYSE:AMRC - Get Free Report) had its price objective dropped by equities research analysts at Robert W. Baird from $44.00 to $36.00 in a report issued on Tuesday,Benzinga reports. The firm currently has an "outperform" rating on the utilities provider's stock. Robert W. Baird's price target points to a potential upside of 14.57% from the stock's previous close.

A number of other analysts also recently commented on AMRC. Canaccord Genuity Group increased their price objective on shares of Ameresco from $44.00 to $50.00 and gave the company a "buy" rating in a report on Tuesday, March 3rd. B. Riley Financial increased their price objective on shares of Ameresco from $45.00 to $47.00 and gave the company a "buy" rating in a report on Wednesday, March 4th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Ameresco in a report on Wednesday, March 4th. UBS Group dropped their price target on shares of Ameresco from $40.00 to $28.00 and set a "neutral" rating for the company in a research note on Friday, March 13th. Finally, Weiss Ratings cut shares of Ameresco from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Thursday, March 5th. Eight analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $39.10.

Ameresco Stock Up 0.2%

AMRC stock opened at $31.42 on Tuesday. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 37.86, a PEG ratio of 2.60 and a beta of 2.55. The company has a current ratio of 1.51, a quick ratio of 1.50 and a debt-to-equity ratio of 1.56. Ameresco has a 12 month low of $11.48 and a 12 month high of $44.93. The firm has a 50-day moving average of $27.20 and a two-hundred day moving average of $31.13.

Ameresco (NYSE:AMRC - Get Free Report) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported ($0.33) EPS for the quarter, missing analysts' consensus estimates of ($0.27) by ($0.06). The business had revenue of $401.46 million during the quarter, compared to analyst estimates of $362.92 million. Ameresco had a net margin of 2.29% and a return on equity of 4.49%. The firm's revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.11) EPS. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. As a group, analysts forecast that Ameresco will post 1.1 earnings per share for the current fiscal year.

Insider Buying and Selling at Ameresco

In other news, Director Nickolas Stavropoulos sold 15,700 shares of the stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $34.15, for a total value of $536,155.00. Following the completion of the sale, the director owned 14,111 shares of the company's stock, valued at $481,890.65. This represents a 52.67% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 16,920 shares of company stock valued at $574,440. Corporate insiders own 44.96% of the company's stock.

Institutional Trading of Ameresco

Several hedge funds have recently made changes to their positions in AMRC. State of Wyoming purchased a new position in shares of Ameresco during the 4th quarter worth approximately $27,000. Fifth Third Bancorp purchased a new position in shares of Ameresco during the 1st quarter worth approximately $44,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Ameresco during the 4th quarter worth approximately $48,000. CoreCap Advisors LLC purchased a new position in shares of Ameresco during the 3rd quarter worth approximately $50,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Ameresco by 99.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,518 shares of the utilities provider's stock worth $53,000 after purchasing an additional 1,754 shares during the period. Hedge funds and other institutional investors own 99.24% of the company's stock.

More Ameresco News

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Announced a strategic JV with Hannon Armstrong (HASI) to form Neogenyx Fuels; HASI is committing $400M and the venture is valued at $1.8B, giving Ameresco scale and capital to accelerate advanced biofuels growth — a meaningful pathway to higher future revenue and asset value. Ameresco and HASI Announce Formation of Neogenyx Fuels, a Joint Venture to Accelerate Growth of Advanced Biofuels
• Positive Sentiment: Q1 revenue beat: Ameresco reported $401.5M vs. consensus ~$362.9M, a 13.8% y/y revenue increase — evidence of demand momentum across its energy-efficiency and renewable projects. Ameresco Reports First Quarter 2026 Financial Results
• Positive Sentiment: Brokerage coverage is constructive: recent survey/compilation shows an average rating of “Moderate Buy,” which can support investor sentiment and liquidity. Ameresco, Inc. NYSE: AMRC Receives Average Rating of "Moderate Buy" from Brokerages
• Neutral Sentiment: Updated FY2026 guidance is mixed: EPS guided to $1.06–$1.28 (consensus ~1.15) and revenue guided to $2.0–$2.2B (consensus ~2.1B). The range leaves room for upside but the midpoint is roughly in line/slightly below expectations, so near-term analyst revisions are possible. Ameresco Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Earnings call and management commentary emphasize a “transformative growth path” and project-level visibility; read the transcript/notes for execution milestones and timing that could move the stock. Ameresco, Inc. (AMRC) Q1 2026 Earnings Call Transcript
• Negative Sentiment: EPS miss: reported a loss of ($0.33) vs. consensus ($0.27), missing estimates — this keeps short-term focus on profitability and cash conversion. Ameresco (AMRC) Reports Q1 Loss, Beats Revenue Estimates
• Negative Sentiment: Profitability metrics remain thin (net margin ~2.3%, ROE ~4.5%), and the company carries leverage (debt/equity ~1.56) — execution risks or slower project ramps could pressure multiples if margins don’t improve. Ameresco Q1 results and metrics

About Ameresco

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.