Ameresco (NYSE:AMRC) Given New $37.00 Price Target at Stifel Nicolaus

Ameresco (NYSE:AMRC) had its price target lowered by equities researchers at Stifel Nicolaus from $38.00 to $37.00 in a report released on Wednesday, Benzinga reports. The brokerage presently has a “buy” rating on the utilities provider’s stock. Stifel Nicolaus‘s price target would suggest a potential upside of 34.74% from the stock’s current price.

Other equities analysts have also issued research reports about the company. Wall Street Zen upgraded Ameresco from a “sell” rating to a “hold” rating in a research note on Sunday, September 27th. UBS Group upped their price objective on shares of Ameresco from $28.00 to $32.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Robert W. Baird cut shares of Ameresco from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $36.00 to $32.00 in a report on Tuesday, August 18th. Oppenheimer reissued a “market perform” rating on shares of Ameresco in a research report on Tuesday, August 4th. Finally, BNP Paribas Exane upgraded shares of Ameresco from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $34.00 to $40.00 in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $40.86.

Ameresco Stock Up 22.3%

Shares of NYSE:AMRC opened at $27.46 on Wednesday. The business’s 50 day moving average is $21.57 and its 200 day moving average is $26.17. The stock has a market cap of $1.46 billion, a P/E ratio of 36.13, a price-to-earnings-growth ratio of 1.67 and a beta of 2.50. Ameresco has a 52-week low of $18.09 and a 52-week high of $37.14. The company has a quick ratio of 1.66, a current ratio of 1.67 and a debt-to-equity ratio of 1.33.

Ameresco (NYSE:AMRC) last issued its earnings results on Monday, November 9th. The utilities provider reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.31. Ameresco had a return on equity of 5.13% and a net margin of 2.01%. The business had revenue of $580.32 million during the quarter, compared to analyst estimates of $572.89 million. During the same period in the previous year, the company posted $0.35 EPS. Ameresco’s revenue was up 10.3% on a year-over-year basis. Sell-side analysts predict that Ameresco will post 1.22 EPS for the current year.

Insider Buying and Selling

In related news, CEO George Sakellaris acquired 5,000 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The stock was purchased at an average cost of $20.91 per share, for a total transaction of $104,550.00. Following the purchase, the chief executive officer directly owned 1,000,597 shares of the company’s stock, valued at $20,922,483.27. This trade represents a 0.50% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Joseph Sutton acquired 9,700 shares of the company’s stock in a transaction that occurred on Monday, August 24th. The shares were bought at an average cost of $20.87 per share, for a total transaction of $202,439.00. Following the transaction, the director owned 80,246 shares of the company’s stock, valued at $1,674,734.02. This represents a 13.75% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 29,325 shares of company stock valued at $628,664. 45.10% of the stock is currently owned by insiders.

Institutional Trading of Ameresco

Institutional investors have recently modified their holdings of the company. Global Retirement Partners LLC purchased a new position in shares of Ameresco in the 3rd quarter worth approximately $55,000. Royce & Associates LP raised its stake in shares of Ameresco by 10.2% during the 3rd quarter. Royce & Associates LP now owns 1,100,165 shares of the utilities provider’s stock worth $22,784,000 after acquiring an additional 101,982 shares in the last quarter. Russell Investments Group Ltd. lifted its position in Ameresco by 9.6% during the third quarter. Russell Investments Group Ltd. now owns 192,625 shares of the utilities provider’s stock valued at $3,989,000 after acquiring an additional 16,870 shares during the last quarter. Gagnon Securities LLC lifted its position in Ameresco by 8.5% during the third quarter. Gagnon Securities LLC now owns 896,427 shares of the utilities provider’s stock valued at $18,565,000 after acquiring an additional 69,865 shares during the last quarter. Finally, Fulcrum Asset Management LLP lifted its position in Ameresco by 217.1% during the third quarter. Fulcrum Asset Management LLP now owns 6,672 shares of the utilities provider’s stock valued at $140,000 after acquiring an additional 4,568 shares during the last quarter. 99.24% of the stock is currently owned by institutional investors.

More Ameresco News

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Ameresco reported third-quarter EPS of $0.88, versus estimates of roughly $0.57–$0.59, and revenue of $580.3 million, above the $572.9 million consensus. Revenue grew 10.3% year over year. Ameresco Reports Third Quarter 2026 Financial Results
• Positive Sentiment: The company issued 2026 EPS guidance of $1.85–$1.95, substantially above the approximately $1.23 consensus. Fourth-quarter EPS guidance of $0.95–$1.05 also exceeds the $0.77 consensus, supporting expectations for stronger earnings. Ameresco Provides and Updates Earnings Guidance
• Positive Sentiment: Ameresco highlighted a record backlog of about $7.15 billion, with analysts pointing to backlog expansion and recurring revenue as potential drivers of future growth and margin improvement. AMRC Q3 2026 Deep Dive
• Neutral Sentiment: Fourth-quarter revenue guidance is $625 million–$650 million, near the $639.2 million consensus; the midpoint is slightly below that estimate. Ameresco Provides and Updates Earnings Guidance
• Neutral Sentiment: Five data-center projects could add to the opportunity pipeline, but Ameresco indicated they may take 12–18 months to convert into contracted backlog, leaving timing and execution uncertainty. Ameresco Outlines Data-Center Project Timeline

About Ameresco

Ameresco, Inc. is a clean-energy and energy-efficiency company that develops, designs, builds, and operates projects for public- and private-sector customers. Its clients include federal, state and local government agencies, schools, healthcare organizations, utilities, and commercial and industrial businesses. The company’s services include improving the energy performance of buildings and infrastructure, developing renewable-energy projects, and providing distributed energy systems, microgrids, energy storage, and related operations and maintenance.