Ameresco (NYSE:AMRC) Price Target Raised to $59.00 at Canaccord Genuity Group

Ameresco (NYSE:AMRC) had its price objective hoisted by Canaccord Genuity Group from $50.00 to $59.00 in a report published on Wednesday morning,Benzinga reports. They currently have a buy rating on the utilities provider’s stock.

A number of other research analysts have also issued reports on AMRC. Wall Street Zen lowered shares of Ameresco from a “hold” rating to a “sell” rating in a research note on Saturday, January 10th. Robert W. Baird reduced their target price on shares of Ameresco from $44.00 to $36.00 and set an “outperform” rating for the company in a research note on Tuesday. Zacks Research lowered shares of Ameresco from a “hold” rating to a “strong sell” rating in a research note on Monday. Cantor Fitzgerald reissued an “overweight” rating on shares of Ameresco in a research note on Wednesday, March 4th. Finally, UBS Group reduced their target price on shares of Ameresco from $40.00 to $28.00 and set a “neutral” rating for the company in a research note on Friday, March 13th. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Ameresco presently has an average rating of “Hold” and an average target price of $42.11.

Ameresco Trading Up 2.7%

NYSE AMRC opened at $31.59 on Wednesday. Ameresco has a one year low of $12.37 and a one year high of $44.93. The company has a 50-day simple moving average of $27.11 and a 200-day simple moving average of $30.96. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.50 and a current ratio of 1.51. The firm has a market capitalization of $1.67 billion, a PE ratio of 54.47, a price-to-earnings-growth ratio of 2.51 and a beta of 2.55.

Ameresco (NYSE:AMRC) last posted its quarterly earnings results on Monday, May 4th. The utilities provider reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.27) by ($0.06). The business had revenue of $401.46 million during the quarter, compared to analyst estimates of $362.92 million. Ameresco had a net margin of 1.59% and a return on equity of 3.34%. The company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period last year, the firm posted ($0.11) earnings per share. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. On average, equities analysts forecast that Ameresco will post 1.11 earnings per share for the current year.

Insider Activity at Ameresco

In other Ameresco news, Director Nickolas Stavropoulos sold 15,700 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $34.15, for a total transaction of $536,155.00. Following the sale, the director directly owned 14,111 shares in the company, valued at approximately $481,890.65. The trade was a 52.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 16,920 shares of company stock worth $574,440. 44.96% of the stock is currently owned by insiders.

Institutional Trading of Ameresco

Hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Wyoming bought a new stake in shares of Ameresco in the 4th quarter worth approximately $27,000. CoreCap Advisors LLC bought a new stake in shares of Ameresco in the 3rd quarter worth approximately $50,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Ameresco in the 4th quarter worth approximately $48,000. Fifth Third Bancorp bought a new stake in shares of Ameresco in the 1st quarter worth approximately $44,000. Finally, Summit Securities Group LLC bought a new stake in shares of Ameresco in the 4th quarter worth approximately $55,000. 99.24% of the stock is currently owned by institutional investors.

Key Ameresco News

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Canaccord Genuity raised its price target sharply to $59 and kept a “buy” rating, signaling strong upside versus the current price and providing momentum for bullish flows. Canaccord price target raise
• Positive Sentiment: Ameresco reported Q1 revenue of $401.5M (above the ~$362.9M estimate) and 13.8% year‑over‑year revenue growth; management issued FY2026 EPS guidance of $1.06–$1.28, which supports longer‑term earnings expectations. Q1 revenue beat and guidance
• Positive Sentiment: Brokerage consensus remains mildly constructive on average — an aggregate “Moderate Buy” reading from broker reports provides baseline support for the shares. Brokerage average rating
• Neutral Sentiment: Robert W. Baird cut its price target from $44 to $36 but kept an “outperform” rating — a mixed signal (lower upside but retained conviction). Baird target cut
• Neutral Sentiment: Multiple analyst and media writeups (Globe & Mail roundup, Seeking Alpha transcripts/presentation) provide detailed context from the Q1 call; useful for investors modeling backlog, margin recovery and project timing but not single‑handedly market‑moving. Analyst insights Earnings presentation
• Negative Sentiment: Zacks downgraded Ameresco from “hold” to “strong sell” and added AMRC to its Rank #5 list, which can trigger outflows from Zacks‑driven strategies and add near‑term selling pressure. Zacks downgrade
• Negative Sentiment: Q1 EPS missed expectations (reported -$0.33 vs. -$0.27 est.), and several commentaries highlight new/formalized regulatory and other risks disclosed in the 10‑K — factors that can weigh on sentiment and valuation multiple. Risk disclosure

Ameresco Company Profile

Ameresco, Inc is a leading independent provider of comprehensive energy efficiency and renewable energy solutions for businesses and governments across North America, Europe and other select markets. Its integrated services portfolio includes energy efficiency retrofits, infrastructure upgrades, distributed generation systems and facility-scale renewable projects. Leveraging performance-based contracting models, Ameresco designs, finances, installs and maintains energy improvements intended to reduce operational costs, mitigate environmental impact and enhance resiliency for its clients.

Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco has completed thousands of projects spanning solar, wind, geothermal, biomass, landfill gas‐to‐energy, energy storage and microgrid installations.