Q2 EPS Estimates for Altus Power Reduced by Seaport Res Ptn

Altus Power, Inc. (NYSE:AMPS) – Seaport Res Ptn dropped their Q2 2025 earnings per share (EPS) estimates for shares of Altus Power in a note issued to investors on Thursday, November 14th. Seaport Res Ptn analyst J. Campbell now expects 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.

Other research analysts also recently issued research reports about the stock. UBS Group reduced 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. Maxim Group decreased their target price 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. Morgan Stanley lowered Altus Power from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $8.00 to $4.00 in a research note on Wednesday, August 21st. Roth Mkm reissued a “buy” rating and issued a $4.50 price objective on shares of Altus Power in a research note on Wednesday, October 16th. Finally, Citigroup lowered their target price on shares of Altus Power from $7.00 to $5.50 and set a “buy” rating on the stock in a research note on Tuesday, October 22nd. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Altus Power presently has an average rating of “Buy” and an average price target of $5.81.

Altus Power Stock Performance

NYSE:AMPS opened at $3.85 on Friday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.91 and a current ratio of 0.60. 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 fifty-two week low of $2.71 and a fifty-two week high of $7.28. The company has a fifty day moving average of $3.35 and a two-hundred day moving average of $3.70.

Institutional Investors Weigh In On Altus Power

A number of hedge funds have recently modified their holdings of AMPS. Encompass Capital Advisors LLC lifted its holdings in Altus Power by 1.2% in the second quarter. Encompass Capital Advisors LLC now owns 4,628,613 shares of the company’s stock valued at $18,144,000 after acquiring an additional 53,031 shares during the last quarter. State Street Corp raised its position in Altus Power by 0.6% in the third quarter. State Street Corp now owns 3,682,864 shares of the company’s stock valued at $11,712,000 after purchasing an additional 21,312 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Altus Power by 37.2% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,974,269 shares of the company’s stock valued at $11,662,000 after purchasing an additional 807,071 shares during the last quarter. Swedbank AB purchased a new position in shares of Altus Power during the 1st quarter worth $12,589,000. Finally, abrdn plc increased its position in shares of Altus Power by 8.7% during the 3rd quarter. abrdn plc now owns 1,444,400 shares of the company’s stock worth $4,593,000 after purchasing an additional 115,300 shares during the last quarter. Hedge funds and other institutional investors own 46.55% of the company’s stock.

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.