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DOW   34,440.88
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Disney Denies Rumors of TV Sale, After Stock Jumps on News
Are These Consumer Staples Too Cheap for Investors To Ignore?
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
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Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
5 NYSE-Listed Emerging Market Stocks For Income Investors
DOD Consultant's big 2024 prediction looks to be coming true (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
Are These Consumer Staples Too Cheap for Investors To Ignore?
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
[BREAKING] New "Living Software" to Revolutionize Warfare (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
Forget NVDA. Buy this A.I. stock instead (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
5 NYSE-Listed Emerging Market Stocks For Income Investors
DOD Consultant's big 2024 prediction looks to be coming true (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
Are These Consumer Staples Too Cheap for Investors To Ignore?
NYSE:AMPS

Altus Power (AMPS) Stock Forecast, Price & News

$5.81
-0.19 (-3.17%)
(As of 09/20/2023 ET)
Compare
Today's Range
$5.80
$6.08
50-Day Range
$5.81
$6.82
52-Week Range
$4.08
$14.72
Volume
773,958 shs
Average Volume
1.22 million shs
Market Capitalization
$929.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.67

Altus Power MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
83.6% Upside
$10.67 Price Target
Short Interest
Bearish
6.38% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Altus Power in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$308,500 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.02) to $0.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Oils/Energy Sector

130th out of 234 stocks

Electric Services Industry

33rd out of 41 stocks


AMPS stock logo

About Altus Power (NYSE:AMPS) Stock

Altus Power, Inc., a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. It serves commercial, industrial, public sector, and community solar customers. The company was founded in 2013 and is headquartered in Stamford, Connecticut.

AMPS Price History

AMPS Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Altus Power Dips on Boosting Solar
4 Analysts Have This to Say About Altus Power
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Altus Power Earnings Preview
Altus Power: Assessing An Alt-Energy Play
Altus Power Inc Ordinary Shares - Class A
Massive Insider Trade At Altus Power
See More Headlines
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AMPS Company Calendar

Last Earnings
8/14/2023
Today
9/21/2023
Next Earnings (Estimated)
11/13/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
N/A
Fax
N/A
Employees
59
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$10.67
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+83.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$55.44 million
Pretax Margin
-14.89%

Debt

Sales & Book Value

Annual Sales
$101.16 million
Cash Flow
$0.20 per share
Book Value
$2.80 per share

Miscellaneous

Free Float
109,517,000
Market Cap
$929.60 million
Optionable
Optionable
Beta
0.75
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Key Executives

  • Mr. Lars R. Norell (Age 51)
    Co-Founder, Co-CEO & Director
    Comp: $550k
  • Mr. Gregg J. Felton II (Age 52)
    Co-Founder, Co-CEO & Director
    Comp: $550k
  • Mr. Anthony P. Savino (Age 65)
    Co-Founder & Chief Construction Officer
    Comp: $350k
  • Mr. Dustin L. Weber (Age 42)
    Chief Financial Officer
    Comp: $529.72k
  • Mr. Chris Shelton
    Head of Investor Relations
  • Ms. Sophia Lee
    Corp. Sec., Chief Legal Officer & Chief Sustainability Officer
  • Ms. Melissa Boulan
    Chief People Officer
  • Mr. Sean Rheuben J.D.
    Managing Director
  • Mr. Daniel S. Alcombright
    Chief Platform Officer
  • Ms. Julia Sears
    Chief Digital Officer













AMPS Stock - Frequently Asked Questions

Should I buy or sell Altus Power stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altus Power in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMPS shares.
View AMPS analyst ratings
or view top-rated stocks.

What is Altus Power's stock price forecast for 2023?

6 brokers have issued 12-month price targets for Altus Power's stock. Their AMPS share price forecasts range from $7.00 to $14.00. On average, they expect the company's share price to reach $10.67 in the next year. This suggests a possible upside of 83.6% from the stock's current price.
View analysts price targets for AMPS
or view top-rated stocks among Wall Street analysts.

How have AMPS shares performed in 2023?

Altus Power's stock was trading at $6.52 at the beginning of 2023. Since then, AMPS stock has decreased by 10.9% and is now trading at $5.81.
View the best growth stocks for 2023 here
.

Are investors shorting Altus Power?

Altus Power saw a increase in short interest in August. As of August 15th, there was short interest totaling 5,070,000 shares, an increase of 20.7% from the July 31st total of 4,200,000 shares. Based on an average daily volume of 1,280,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 6.5% of the company's stock are short sold.
View Altus Power's Short Interest
.

When is Altus Power's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our AMPS earnings forecast
.

How were Altus Power's earnings last quarter?

Altus Power, Inc. (NYSE:AMPS) released its quarterly earnings results on Monday, August, 14th. The company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. The company earned $46.51 million during the quarter, compared to analysts' expectations of $43.49 million. Altus Power had a negative net margin of 12.51% and a positive trailing twelve-month return on equity of 0.10%.

What is Altus Power's stock symbol?

Altus Power trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMPS."

Who are Altus Power's major shareholders?

Altus Power's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.85%), State Street Corp (1.68%), Kensico Capital Management Corp (0.68%), Decade Renewable Partners LP (0.66%), Geode Capital Management LLC (0.62%) and Kayne Anderson Capital Advisors LP (0.37%). Insiders that own company stock include Altus Holdings Lp Gso, Anthony Savino, Dustin Weber, Gregg J Felton and William F Concannon.
View institutional ownership trends
.

How do I buy shares of Altus Power?

Shares of AMPS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Altus Power's stock price today?

One share of AMPS stock can currently be purchased for approximately $5.81.

How much money does Altus Power make?

Altus Power (NYSE:AMPS) has a market capitalization of $929.60 million and generates $101.16 million in revenue each year. The company earns $55.44 million in net income (profit) each year or ($0.14) on an earnings per share basis.

How can I contact Altus Power?

Altus Power's mailing address is 2100 MCKINNEY AVENUE SUITE 1250, DALLAS TX, 75201. The official website for the company is cbreacquisitionholdings.com. The company can be reached via phone at 203-698-0090 or via email at kristyn.farahmand@cbre.com.

This page (NYSE:AMPS) was last updated on 9/21/2023 by MarketBeat.com Staff

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