Altus Power (AMPS) Stock Forecast, Price & News

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

6 equities research analysts have issued 1 year price targets for Altus Power's shares. Their AMPS share price forecasts range from $7.00 to $14.00. On average, they predict the company's share price to reach $10.67 in the next year. This suggests a possible upside of 136.0% from the stock's current price.
View analysts price targets for AMPS or view top-rated stocks among Wall Street analysts.

Altus Power's stock was trading at $6.52 at the beginning of the year. Since then, AMPS shares have decreased by 30.7% and is now trading at $4.52.
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Altus Power saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,650,000 shares, an increase of 13.9% from the August 31st total of 4,960,000 shares. Based on an average daily trading volume, of 1,090,000 shares, the short-interest ratio is currently 5.2 days. Currently, 7.3% of the company's shares are sold short.
View Altus Power's Short Interest.

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

Altus Power, Inc. (NYSE:AMPS) released its quarterly earnings data on Monday, August, 14th. The company reported $0.04 EPS for the quarter, meeting analysts' consensus estimates of $0.04. The company earned $46.51 million during the quarter, compared to the consensus estimate 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%.

ETFs with the largest weight of Altus Power (NYSE:AMPS) stock in their portfolio include SPDR S&P Kensho Clean Power ETF (CNRG), Invesco WilderHill Clean Energy ETF (PBW), Invesco Solar ETF (TAN), Global X Solar ETF (RAYS), VanEck Green Infrastructure ETF (RNEW), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) and ALPS Clean Energy ETF (ACES) and

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

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.
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One share of AMPS stock can currently be purchased for approximately $4.52.

Altus Power (NYSE:AMPS) has a market capitalization of $723.20 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.

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.