AMRC Stock - Ameresco, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.77B | $1.37B | $1.82B | $1.22B | $1.03B |
| Gross Profit | $256.09M | $246.43M | $290.83M | $230.36M | $187.55M |
| Gross Margin | 14.5% | 17.9% | 15.9% | 18.9% | 18.2% |
| Operating Income | $108.75M | $82.22M | $132.99M | $95.43M | $71.50M |
| Net Income | $56.76M | $62.47M | $94.93M | $70.46M | $54.05M |
| Net Margin | 3.2% | 4.5% | 5.2% | 5.8% | 5.2% |
| EPS | $1.08 | $1.20 | $1.83 | $1.38 | $1.13 |
Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, and internationally. It offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations. The company operates through U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation segments. It designs, develops, engineers, and installs projects that reduce the energy, as well as operations and maintenance (O&M) costs of its customers' facilities. The company's projects primarily include various measures customized for the facility and designed to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting systems. It also offers renewable energy solutions and services, such as the construction of small-scale plants that the company owns or develops for customers that produce electricity, gas, heat, or cooling from renewable sources of energy and O&M services; and electricity, processed renewable gas fuel, and heat or cooling produced from renewable sources of energy. In addition, the company sells photovoltaic (PV) solar energy products and systems, as well as provides consulting and enterprise energy management services; and owns and operates a wind power project located in Ireland. It serves the federal, state, and local governments, as well as healthcare and educational institutions, airports, public housing authorities and public universities, and commercial and industrial customers. As of December 31, 2021, the company owned and operated 147 small-scale renewable energy plants and solar PV installations. Ameresco, Inc. was founded in 2000 and is headquartered in Framingham, Massachusetts.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 21st 2025 | BNP Paribas Exane | Downgrade | Neutral | $40 |
| September 25th 2025 | Jefferies | Upgrade | Buy | $39 |
| September 2nd 2025 | Robert W. Baird | Upgrade | Outperform | $35 |
| August 18th 2025 | UBS | Upgrade | Neutral | $23 |
| April 15th 2025 | Robert W. Baird | Downgrade | Neutral | $13 |
| March 4th 2025 | UBS | Downgrade | Sell | $8← $37 |
| September 4th 2024 | Jefferies | Initiation | Hold | $33 |
| March 12th 2024 | Exane BNP Paribas | Upgrade | Outperform | $34 |
| February 29th 2024 | Guggenheim | Downgrade | Neutral | - |
| December 15th 2023 | BofA Securities | Downgrade | Neutral | $37← $29 |
| November 7th 2023 | Oppenheimer | Downgrade | Perform | - |
| November 7th 2023 | William Blair | Downgrade | Market Perform | - |
| October 25th 2023 | ROTH MKM | Upgrade | Buy | $44 |
| October 20th 2023 | Exane BNP Paribas | Initiation | Neutral | $43 |
| May 2nd 2023 | UBS | Initiation | Buy | $60 |
Earnings History & Surprises
AMRCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 4, 2026 | — | — | — | — |
Q1 2026 | Feb 26, 2026 | $0.32 | — | — | — |
Q4 2025 | Nov 3, 2025 | $0.26 | $0.35 | +34.6% | ✓ BEAT |
Q3 2025 | Aug 4, 2025 | $0.06 | $0.27 | +350.0% | ✓ BEAT |
Q2 2025 | May 5, 2025 | $-0.26 | $-0.11 | +57.7% | ✓ BEAT |
Q1 2025 | Feb 27, 2025 | $0.76 | $0.88 | +15.8% | ✓ BEAT |
Q4 2024 | Nov 7, 2024 | $0.47 | $0.33 | -29.8% | ✗ MISS |
Q3 2024 | Aug 5, 2024 | $0.26 | $0.09 | -65.4% | ✗ MISS |
Q2 2024 | May 7, 2024 | $-0.11 | $-0.10 | +9.1% | ✓ BEAT |
Q1 2024 | Feb 28, 2024 | $0.57 | $0.69 | +21.1% | ✓ BEAT |
Q4 2023 | Nov 6, 2023 | $0.46 | $0.40 | -13.0% | ✗ MISS |
Q3 2023 | Jul 31, 2023 | $0.18 | $0.15 | -16.7% | ✗ MISS |
Q2 2023 | May 1, 2023 | $0.03 | $0.03 | -10.0% | ✗ MISS |
Q1 2023 | Feb 27, 2023 | $0.39 | $0.35 | -10.3% | ✗ MISS |
Q4 2022 | Nov 1, 2022 | $0.47 | $0.54 | +14.9% | ✓ BEAT |
Q3 2022 | Aug 1, 2022 | $0.45 | $0.62 | +37.8% | ✓ BEAT |
Q2 2022 | May 2, 2022 | $0.29 | $0.36 | +24.1% | ✓ BEAT |
Q1 2022 | Feb 28, 2022 | $0.42 | $0.50 | +19.0% | ✓ BEAT |
Q4 2021 | Nov 1, 2021 | $0.34 | $0.41 | +20.6% | ✓ BEAT |
Q3 2021 | Aug 2, 2021 | $0.26 | $0.34 | +30.8% | ✓ BEAT |
Latest News
UBS Maintains Neutral on Ameresco, Raises Price Target to $40
➖ NeutralStifel Maintains Buy on Ameresco, Raises Price Target to $37
📈 PositiveAmeresco Affirms FY2025 Adj EPS Guidance of $0.70-$0.90 vs $0.76 Est; Affirms FY2025 Sales Guidance of $1.850B-$1.950B vs $1.909B Est
➖ NeutralAmeresco Q3 Adj. EPS $0.35 Beats $0.24 Estimate, Sales $526.000M Beat $521.746M Estimate
📈 PositiveRoth Capital Maintains Buy on Ameresco, Raises Price Target to $45
📈 PositiveB. Riley Securities Maintains Buy on Ameresco, Raises Price Target to $45
📈 PositiveAmeresco Executes Design-Build Contract With The Resilience Authority of Annapolis and Anne Arundel County To Deploy EV Charging Infrastructure Across 10 County-Owned Sites
📈 PositiveAmeresco Collaborates With US NRL To Execute $197M Energy Savings Performance Contract Through USACE, Huntsville ESPC III Multiple Award Task Order Contract
📈 PositiveGSR III Acquisition, Terra Innovatum Srl Sign MoU With Ameresco To Deploy SOLO Micro-Modular Reactor
📈 PositiveAmeresco Launches $17M Retrofit Project At Olympia Armory To Boost Safety, Accessibility, And Energy Efficiency
📈 PositiveAmeresco shares are trading higher after Jefferies upgraded the stock from Hold to Buy and raised its price target from $19 to $39.
📈 PositiveJefferies Upgrades Ameresco to Buy, Raises Price Target to $39
📈 PositiveB. Riley Securities Maintains Buy on Ameresco, Raises Price Target to $32
📈 PositiveAmeresco shares are trading higher after the company announced a partnership with the US Navy to build a 100 MW AI-optimized data center at Naval Air Station Lemoore.
📈 PositiveAmeresco And US Navy To Build A 100 MW AI-Optimized Data Center At Naval Air Station Lemoore
📈 PositiveBaird Upgrades Ameresco to Outperform, Raises Price Target to $35
📈 PositiveUBS Upgrades Ameresco to Neutral, Raises Price Target to $23
📈 PositiveAmeresco Non-GAAP EPS of -$0.11 beats by $0.14, revenue of $352.8M beats by $46.25M
📈 PositiveAmeresco cut at Baird on uncertain outlook, Itron added as Bullish Fresh Pick
➖ NeutralFrequently Asked Questions about AMRC
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