Seaport Res Ptn Forecasts Weaker Earnings for Altus Power

Altus Power, Inc. (NYSE:AMPS) – Analysts at Seaport Res Ptn reduced their Q2 2025 EPS estimates for Altus Power in a research report issued to clients and investors on Thursday, November 14th. Seaport Res Ptn analyst J. Campbell now anticipates that the company will post earnings per share of $0.01 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. Morgan Stanley cut shares of Altus Power from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $8.00 to $4.00 in a research report on Wednesday, August 21st. 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. Citigroup dropped 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. UBS Group decreased their price target on Altus Power from $5.50 to $5.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. Finally, Maxim Group dropped their price objective on Altus Power from $5.50 to $4.50 and set a “buy” rating for the company in a research note on Monday, August 12th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $5.81.

Altus Power Trading Down 6.2 %

Shares of AMPS opened at $3.85 on Friday. Altus Power has a fifty-two week low of $2.71 and a fifty-two week high of $7.28. The firm has a market cap of $618.23 million, a price-to-earnings ratio of 17.48 and a beta of 0.94. The firm has a 50 day moving average price of $3.35 and a 200-day moving average price of $3.70. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.91 and a current ratio of 0.60.

Institutional Investors Weigh In On Altus Power

Large investors have recently made changes to their positions in the business. Barclays PLC raised its holdings in shares of Altus Power by 312.8% during the third quarter. Barclays PLC now owns 115,987 shares of the company’s stock valued at $369,000 after acquiring an additional 87,886 shares in the last quarter. XTX Topco Ltd bought a new position in Altus Power in the 3rd quarter worth $425,000. State Street Corp lifted its position in shares of Altus Power by 0.6% in the 3rd quarter. State Street Corp now owns 3,682,864 shares of the company’s stock worth $11,712,000 after purchasing an additional 21,312 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Altus Power by 9.0% during the 3rd quarter. Janus Henderson Group PLC now owns 44,792 shares of the company’s stock valued at $142,000 after purchasing an additional 3,709 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new position in shares of Altus Power during the third quarter valued at about $41,000. 46.55% of the stock is currently owned by institutional investors.

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.