
Ameresco (AMRC) Stock Forecast & Price Target
Ameresco (AMRC) Analyst Ratings
Bulls say
Ameresco Inc demonstrated impressive financial performance in 3Q25, with total revenue increasing by 11.4% sequentially and 5.0% year-over-year, alongside an adjusted EBITDA of $70.4 million that outperformed expectations and rose 25.4% from the previous quarter. The company's project backlog expanded to $5,141 million, reflecting a 14.0% year-over-year increase, with significant contributions from the Federal Government segment, which constitutes 33% of the total backlog, indicating strong demand for their energy efficiency solutions. Furthermore, the growth in Energy Assets, which accounted for 68% of the year-to-date adjusted EBITDA, underlines Ameresco's robust recurring revenue stream and positions the company for continued expansion in the coming years.
Bears say
Ameresco Inc. is facing significant financial challenges, highlighted by a lack of company-wide free cash flow and elevated debt levels, which present headwinds for investor confidence. The slow execution of projects, combined with uncertainty in customer budgets and potential impacts from a federal government shutdown, may hinder short-term growth and demand for Ameresco's products. Furthermore, high insider ownership and a limited float may contribute to trading volatility, while the persistent disconnect between backlog growth and revenue projections raises concerns about future financial performance.
This aggregate rating is based on analysts' research of Ameresco and is not a guaranteed prediction by Public.com or investment advice.
Ameresco (AMRC) Analyst Forecast & Price Prediction
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