Q2 Earnings Forecast for Altus Power Issued By Roth Capital

Altus Power, Inc. (NYSE:AMPS - Free Report) - Research analysts at Roth Capital cut their Q2 2025 earnings per share estimates for Altus Power in a research note issued on Wednesday, November 13th. Roth Capital analyst J. Clare now anticipates that the company will earn $0.00 per share for the quarter, down from their prior estimate of $0.01. The consensus estimate for Altus Power's current full-year earnings is $0.08 per share. Roth Capital also issued estimates for Altus Power's Q3 2025 earnings at $0.03 EPS.

Other research analysts also recently issued research reports about the company. Roth Mkm reissued a "buy" rating and issued a $4.50 target price on shares of Altus Power in a report on Wednesday, October 16th. UBS Group decreased their target price on Altus Power from $5.50 to $5.00 and set a "buy" rating on the stock in a report on Friday, August 9th. Citigroup reduced their price target on Altus Power from $7.00 to $5.50 and set a "buy" rating for the company in a research report on Tuesday, October 22nd. Maxim Group lowered their price objective on Altus Power from $5.50 to $4.50 and set a "buy" rating on the stock in a research report on Monday, August 12th. Finally, Morgan Stanley cut shares of Altus Power from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $8.00 to $4.00 in a research note on Wednesday, August 21st. Two analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Altus Power currently has a consensus rating of "Buy" and an average price target of $5.94.

Altus Power Stock Up 3.8 %

AMPS stock traded up $0.15 during midday trading on Thursday, hitting $4.10. The company's stock had a trading volume of 2,041,324 shares, compared to its average volume of 1,089,856. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 2.18. Altus Power has a 12 month low of $2.71 and a 12 month high of $7.28. The company has a market cap of $659.24 million, a PE ratio of 17.95 and a beta of 0.94. The firm's 50-day moving average is $3.31 and its 200-day moving average is $3.70.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Encompass Capital Advisors LLC increased its position in Altus Power by 1.2% in the second quarter. Encompass Capital Advisors LLC now owns 4,628,613 shares of the company's stock worth $18,144,000 after purchasing an additional 53,031 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Altus Power by 37.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,974,269 shares of the company's stock worth $11,662,000 after buying an additional 807,071 shares in the last quarter. Swedbank AB bought a new stake in shares of Altus Power in the 1st quarter worth about $12,589,000. abrdn plc lifted its holdings in shares of Altus Power by 8.7% in the 3rd quarter. abrdn plc now owns 1,444,400 shares of the company's stock valued at $4,593,000 after acquiring an additional 115,300 shares during the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its position in Altus Power by 112.1% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 1,411,042 shares of the company's stock worth $5,531,000 after acquiring an additional 745,810 shares in the last quarter. Hedge funds and other institutional investors own 46.55% of the company's stock.

Altus Power Company Profile

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. Altus Power, Inc was founded in 2013 and is headquartered in Stamford, Connecticut.