UBS Group Issues Positive Forecast for Ameresco (NYSE:AMRC) Stock Price

Ameresco (NYSE:AMRC) had its price objective hoisted by research analysts at UBS Group from $28.00 to $32.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the utilities provider’s stock. UBS Group’s target price indicates a potential upside of 24.56% from the stock’s current price.

Other equities research analysts have also issued reports about the stock. Zacks Research upgraded shares of Ameresco from a “strong sell” rating to a “hold” rating in a research note on Wednesday, June 3rd. Guggenheim assumed coverage on Ameresco in a report on Friday, May 22nd. They set a “neutral” rating on the stock. Canaccord Genuity Group lifted their target price on Ameresco from $59.00 to $62.00 and gave the stock a “buy” rating in a research report on Tuesday. Oppenheimer reissued a “market perform” rating on shares of Ameresco in a report on Tuesday. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Ameresco in a research report on Tuesday. Eight analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $43.33.

Ameresco Stock Down 8.0%

AMRC traded down $2.25 on Wednesday, reaching $25.69. The company’s stock had a trading volume of 607,705 shares, compared to its average volume of 575,419. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 44.30, a P/E/G ratio of 1.84 and a beta of 2.62. Ameresco has a fifty-two week low of $18.38 and a fifty-two week high of $44.93. The company has a quick ratio of 1.48, a current ratio of 1.49 and a debt-to-equity ratio of 1.64. The stock has a 50 day moving average of $26.70 and a two-hundred day moving average of $28.34.

Ameresco (NYSE:AMRC) last released its quarterly earnings data on Monday, August 3rd. The utilities provider reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. The company had revenue of $515.46 million for the quarter, compared to analysts’ expectations of $465.18 million. Ameresco had a net margin of 1.40% and a return on equity of 2.97%. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the company earned $0.27 earnings per share. Ameresco has set its FY 2026 guidance at 1.150-1.350 EPS. As a group, analysts forecast that Ameresco will post 1.13 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Jennifer L. Miller sold 10,000 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $32.27, for a total value of $322,700.00. Following the completion of the sale, the director directly owned 22,111 shares of the company’s stock, valued at approximately $713,521.97. This represents a 31.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nickolas Stavropoulos sold 1,355 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $34.00, for a total transaction of $46,070.00. Following the sale, the director owned 14,111 shares of the company’s stock, valued at $479,774. This trade represents a 8.76% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 26,355 shares of company stock worth $852,270 in the last 90 days. Company insiders own 45.10% of the company’s stock.

Institutional Trading of Ameresco

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northside Capital Management LLC purchased a new stake in shares of Ameresco during the second quarter worth approximately $207,000. Handelsbanken Fonder AB boosted its stake in shares of Ameresco by 5.3% in the second quarter. Handelsbanken Fonder AB now owns 857,979 shares of the utilities provider’s stock valued at $23,680,000 after buying an additional 42,826 shares in the last quarter. Optiver Holding B.V. boosted its stake in shares of Ameresco by 550.8% in the first quarter. Optiver Holding B.V. now owns 2,369 shares of the utilities provider’s stock valued at $60,000 after buying an additional 2,005 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in Ameresco during the first quarter worth $3,089,000. Finally, Bank of America Corp DE grew its holdings in Ameresco by 64.7% during the first quarter. Bank of America Corp DE now owns 125,441 shares of the utilities provider’s stock worth $3,199,000 after acquiring an additional 49,279 shares during the period. 99.24% of the stock is owned by hedge funds and other institutional investors.

Key Ameresco News

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Ameresco reported second-quarter 2026 revenue of $515.5 million, well above the $465.2 million analyst consensus and 9.1% higher than the prior-year period. Adjusted EPS of $0.20 matched expectations. Ameresco Reports Second Quarter 2026 Financial Results
• Positive Sentiment: New awards totaled approximately $1.8 billion, while the company’s backlog increased 32% to a record level. Management cited strong electricity demand and growing demand for energy infrastructure as key drivers. Ameresco books $1.8 billion in new awards
• Positive Sentiment: Ameresco raised its fiscal 2026 EPS outlook to $1.15-$1.35, above the previous analyst consensus of $1.09. Analysts also remain bullish: Canaccord Genuity raised its price target to $62 from $59 and maintained a Buy rating, while the broader consensus implies substantial upside. Ameresco price-target update
• Neutral Sentiment: Management’s earnings call emphasized a strong project pipeline and sustained demand, but investors will need to monitor the timing of project conversions and whether the large backlog translates into profitable revenue.
• Negative Sentiment: Although revenue exceeded expectations, quarterly EPS declined from $0.27 to $0.20 year over year. Ameresco also reported a net margin of only 1.40% and return on equity of 2.97%, highlighting limited current profitability. Ameresco meets Q2 earnings estimates
• Negative Sentiment: The stock’s retreat likely reflects profit-taking after its post-earnings surge, alongside concerns about valuation, leverage and execution risk. Ameresco trades at roughly 46 times earnings with a debt-to-equity ratio of 1.64, leaving the shares sensitive to disappointment.

Ameresco Company Profile

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.