Ameresco (NYSE:AMRC) Stock Price Up 13.7% After Better-Than-Expected Earnings

Ameresco, Inc. (NYSE:AMRC) was up 13.7% during trading on Tuesday after the company announced better than expected quarterly earnings. The stock traded as high as $24.89 and last traded at $25.53. 92,440 shares traded hands during trading, a decline of 84% from the average session volume of 594,008 shares. The stock had previously closed at $22.45.

The utilities provider reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.31. The company had revenue of $580.32 million for the quarter, compared to analysts’ expectations of $572.89 million. Ameresco had a net margin of 1.40% and a return on equity of 2.82%. Ameresco’s revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 EPS.

Key Ameresco News

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Ameresco raised its FY 2026 outlook to EPS of $1.85–$1.95, well above the $1.23 consensus, and revenue of $2.1–$2.2 billion versus the $2.1 billion estimate. The stronger earnings outlook is a key potential catalyst. Ameresco Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Q3 EPS was $0.88 versus the roughly $0.57 analyst consensus, while revenue of $580.3 million topped the $572.9 million estimate and grew 10.3% year over year. Ameresco Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Ameresco’s reported $7.15 billion backlog points to substantial project demand and potential future revenue. Ameresco Q3 2026: Record $7.15B Backlog Signals Real Growth
• Neutral Sentiment: For Q4, EPS guidance of $0.95–$1.05 is above the $0.77 consensus, but revenue guidance of $625–$650 million has a midpoint slightly below the $639.2 million estimate.
• Neutral Sentiment: Ameresco said it expects 12 to 18 months to convert five data-center projects into contracted backlog. The opportunity is promising, though conversion and revenue are not immediate. Ameresco outlines timeline to convert data-center projects

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Canaccord Genuity Group upped their target price on shares of Ameresco from $59.00 to $62.00 and gave the stock a “buy” rating in a report on Tuesday, August 4th. Oppenheimer reissued a “market perform” rating on shares of Ameresco in a report on Tuesday, August 4th. Robert W. Baird lowered shares of Ameresco from an “outperform” rating to a “neutral” rating and reduced their price target for the company from $36.00 to $32.00 in a research report on Tuesday, August 18th. Jefferies Financial Group raised shares of Ameresco to a “strong-buy” rating in a report on Thursday, September 3rd. Finally, UBS Group upped their price target on shares of Ameresco from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $41.00.

Insider Transactions at Ameresco

In other news, Director Joseph W. Sutton purchased 9,700 shares of the company’s stock in a transaction on Monday, August 24th. The stock was purchased at an average price of $20.87 per share, with a total value of $202,439.00. Following the completion of the purchase, the director directly owned 80,246 shares in the company, valued at approximately $1,674,734.02. This trade represents a 13.75% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO George P. Sakellaris acquired 5,000 shares of the business’s stock in a transaction dated Monday, August 24th. The stock was purchased at an average price of $20.91 per share, with a total value of $104,550.00. Following the completion of the acquisition, the chief executive officer directly owned 1,000,597 shares in the company, valued at approximately $20,922,483.27. This represents a 0.50% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders acquired 29,325 shares of company stock worth $628,664 in the last three months. Insiders own 45.10% of the company’s stock.

Institutional Trading of Ameresco

Hedge funds have recently bought and sold shares of the company. Raiffeisen Bank International AG bought a new position in shares of Ameresco during the second quarter valued at about $2,657,000. Dimensional Fund Advisors LP increased its holdings in shares of Ameresco by 13.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,439,669 shares of the utilities provider’s stock worth $36,711,000 after buying an additional 167,068 shares during the period. Bank of America Corp DE lifted its stake in shares of Ameresco by 64.7% in the 1st quarter. Bank of America Corp DE now owns 125,441 shares of the utilities provider’s stock valued at $3,199,000 after acquiring an additional 49,279 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new stake in Ameresco during the 1st quarter valued at about $3,089,000. Finally, Handelsbanken Fonder AB grew its position in Ameresco by 5.3% during the 2nd quarter. Handelsbanken Fonder AB now owns 857,979 shares of the utilities provider’s stock worth $23,680,000 after acquiring an additional 42,826 shares during the last quarter. Institutional investors own 99.24% of the company’s stock.

Ameresco Trading Up 13.9%

The firm has a 50-day moving average of $21.46 and a 200-day moving average of $26.20. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.66 and a current ratio of 1.67. The firm has a market capitalization of $1.36 billion, a P/E ratio of 49.23, a price-to-earnings-growth ratio of 1.58 and a beta of 2.50.

About Ameresco

Ameresco, Inc is a clean-energy and energy-efficiency company that develops, designs, builds, and operates projects for public- and private-sector customers. Its clients include federal, state and local government agencies, schools, healthcare organizations, utilities, and commercial and industrial businesses.

The company’s services include improving the energy performance of buildings and infrastructure, developing renewable-energy projects, and providing distributed energy systems, microgrids, energy storage, and related operations and maintenance.