Altus Power, Inc. (NYSE:AMPS – Free Report) – Equities research analysts at Roth Capital decreased their Q2 2025 earnings per share (EPS) estimates for Altus Power in a research report issued to clients and investors on Wednesday, November 13th. Roth Capital analyst J. Clare now forecasts that the company will earn $0.00 per share for the quarter, down from their prior forecast 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.
Several other research analysts have also commented on the company. Citigroup reduced their price target on Altus Power from $7.00 to $5.50 and set a “buy” rating on the stock in a report on Tuesday, October 22nd. Morgan Stanley downgraded shares of Altus Power from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $8.00 to $4.00 in a research note on Wednesday, August 21st. UBS Group dropped their price target on shares of Altus Power from $5.50 to $5.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Maxim Group cut their price target on shares of Altus Power from $5.50 to $4.50 and set a “buy” rating for the company in a report on Monday, August 12th. Finally, Roth Mkm reiterated a “buy” rating and issued a $4.50 price objective on shares of Altus Power in a report on Wednesday, October 16th. Two investment analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Altus Power currently has a consensus rating of “Buy” and a consensus price target of $5.94.
Altus Power Stock Performance
Shares of Altus Power stock opened at $3.95 on Thursday. The company has a debt-to-equity ratio of 2.18, a quick ratio of 0.91 and a current ratio of 0.91. The business’s 50 day moving average price is $3.31 and its 200 day moving average price is $3.70. The company has a market cap of $635.12 million, a price-to-earnings ratio of 17.95 and a beta of 0.94. Altus Power has a one year low of $2.71 and a one year high of $7.28.
Institutional Trading of Altus Power
Several institutional investors have recently added to or reduced their stakes in the stock. Swedbank AB purchased a new stake in Altus Power during the first quarter worth about $12,589,000. Long Focus Capital Management LLC lifted its holdings in Altus Power by 427.6% during the 2nd quarter. Long Focus Capital Management LLC now owns 549,081 shares of the company’s stock worth $2,152,000 after buying an additional 445,000 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Altus Power by 37.2% in the second quarter. Dimensional Fund Advisors LP now owns 2,974,269 shares of the company’s stock valued at $11,662,000 after purchasing an additional 807,071 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd grew its position in shares of Altus Power by 78.8% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 437,286 shares of the company’s stock worth $1,714,000 after buying an additional 192,687 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ grew its holdings in Altus Power by 112.1% during the 2nd 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. Institutional investors and hedge funds 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.
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