Seaport Res Ptn Decreases Earnings Estimates for Altus Power

Altus Power, Inc. (NYSE:AMPS) – Analysts at Seaport Res Ptn decreased their Q2 2025 earnings per share estimates for Altus Power in a research report issued on Thursday, November 14th. Seaport Res Ptn analyst J. Campbell now expects that the company will earn $0.01 per share for the quarter, down from their prior forecast of $0.03. The consensus estimate for Altus Power’s current full-year earnings is $0.08 per share. Seaport Res Ptn also issued estimates for Altus Power’s Q3 2025 earnings at $0.00 EPS and Q2 2026 earnings at $0.01 EPS.

A number of other brokerages have also recently commented on AMPS. Citigroup lowered their target price on Altus Power from $7.00 to $5.50 and set a “buy” rating for the company in a report on Tuesday, October 22nd. Morgan Stanley lowered shares of Altus Power from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $8.00 to $4.00 in a research note on Wednesday, August 21st. Roth Mkm reaffirmed a “buy” rating and set a $4.50 target price on shares of Altus Power in a research note on Wednesday, October 16th. UBS Group decreased 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 report on Friday, August 9th. Finally, Maxim Group cut 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. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $5.81.

Altus Power Trading Down 6.1 %

Shares of NYSE AMPS opened at $3.85 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.91 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $619.03 million, a PE ratio of 17.50 and a beta of 0.94. Altus Power has a twelve month low of $2.71 and a twelve month high of $7.28. The stock has a fifty day simple moving average of $3.35 and a 200-day simple moving average of $3.70.

Institutional Investors Weigh In On Altus Power

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Summit Securities Group LLC purchased a new position in Altus Power in the second quarter valued at $39,000. Iridian Asset Management LLC CT purchased a new position in shares of Altus Power in the 3rd quarter valued at about $40,000. HighTower Advisors LLC acquired a new stake in shares of Altus Power during the 3rd quarter worth about $41,000. Vaughan David Investments LLC IL purchased a new stake in Altus Power during the second quarter worth approximately $55,000. Finally, Susquehanna Fundamental Investments LLC acquired a new position in Altus Power in the second quarter valued at approximately $68,000. 46.55% of the stock is currently owned by institutional investors and hedge funds.

About Altus Power

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.