Q2 EPS Estimates for Altus Power Reduced by Seaport Res Ptn

Altus Power, Inc. (NYSE:AMPS) – Equities researchers at Seaport Res Ptn decreased their Q2 2025 earnings per share (EPS) estimates for shares of Altus Power in a report released 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 estimate 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.

Several other research firms have also issued reports on AMPS. Morgan Stanley lowered shares of Altus Power from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $8.00 to $4.00 in a research report on Wednesday, August 21st. UBS Group reduced their target price on Altus Power from $5.50 to $5.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Maxim Group dropped their price objective on Altus Power from $5.50 to $4.50 and set a “buy” rating on the stock in a research note on Monday, August 12th. Roth Mkm reaffirmed a “buy” rating and issued a $4.50 price target on shares of Altus Power in a research note on Wednesday, October 16th. Finally, Citigroup dropped their price target on shares of Altus Power from $7.00 to $5.50 and set a “buy” rating on the stock in a research report on Tuesday, October 22nd. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $5.81.

Altus Power Stock Up 3.8 %

Altus Power stock opened at $4.10 on Friday. The company’s 50-day moving average is $3.33 and its 200-day moving average is $3.70. 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 capitalization of $659.24 million, a PE ratio of 18.64 and a beta of 0.94. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.60 and a quick ratio of 0.91.

Hedge Funds Weigh In On Altus Power

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD grew its holdings in shares of Altus Power by 7.6% during the first quarter. Price T Rowe Associates Inc. MD now owns 44,257 shares of the company’s stock worth $212,000 after purchasing an additional 3,116 shares in the last quarter. HTG Investment Advisors Inc. grew its stake in Altus Power by 8.6% in the 3rd quarter. HTG Investment Advisors Inc. now owns 65,148 shares of the company’s stock worth $207,000 after buying an additional 5,148 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Altus Power by 24.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,771 shares of the company’s stock valued at $125,000 after buying an additional 6,209 shares in the last quarter. American Century Companies Inc. raised its position in shares of Altus Power by 14.3% during the 2nd quarter. American Century Companies Inc. now owns 72,322 shares of the company’s stock valued at $284,000 after buying an additional 9,062 shares in the last quarter. Finally, Summit Securities Group LLC bought a new stake in shares of Altus Power during the 2nd quarter worth $39,000. 46.55% of the stock is currently owned by hedge funds and other institutional investors.

Altus Power Company Profile

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.