
Ameresco (AMRC) Stock Forecast & Price Target
Ameresco (AMRC) Analyst Ratings
Bulls say
Ameresco Inc. demonstrated strong financial performance in Q3 2025, reflected in elevated project margins and improved segment margins, which expanded to 6.0%, exceeding expectations and marking an increase from 4.6% in the previous quarter. The company's project backlog also saw significant growth, reaching $5,141 million, a 14.0% increase year-over-year, with federal government projects now comprising 33% of this backlog, highlighting reliance on stable government contracts for future revenues. Additionally, the growth in Energy Assets has bolstered recurring revenues, contributing significantly to a $70.0 million total adjusted EBITDA, thus strengthening Ameresco’s overall financial outlook and recurring EBITDA stream.
Bears say
Ameresco Inc. has demonstrated a decline in total adjusted EBITDA, which dropped 19.7% compared to the year-ago period, signaling potential challenges in revenue growth. The company's Energy Assets revenue of $60.7 million fell short of expectations by 11.8% and decreased sequentially, raising concerns about its competitive position. Additionally, the presence of high headline debt levels and the lack of company-wide free cash flow may create further headwinds that could negatively impact investor sentiment.
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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