Ameresco (NYSE:AMRC) Releases FY 2026 Earnings Guidance

Ameresco (NYSE:AMRC) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 1.060-1.280 for the period, compared to the consensus estimate of 1.150. The company issued revenue guidance of $2.0 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Ameresco Price Performance

AMRC traded down $0.25 during trading on Tuesday, reaching $31.23. 134,494 shares of the company were exchanged, compared to its average volume of 516,685. Ameresco has a 12-month low of $12.37 and a 12-month high of $44.93. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 37.90, a P/E/G ratio of 2.60 and a beta of 2.55. The company has a quick ratio of 1.50, a current ratio of 1.51 and a debt-to-equity ratio of 1.56. The company’s 50-day moving average is $27.20 and its two-hundred day moving average is $31.13.

Ameresco (NYSE:AMRC) last released its quarterly earnings results on Monday, May 4th. The utilities provider reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.06). Ameresco had a net margin of 2.29% and a return on equity of 4.49%. The business had revenue of $401.46 million during the quarter, compared to analysts’ expectations of $362.92 million. During the same period in the previous year, the business earned ($0.11) EPS. The business’s revenue was up 13.8% on a year-over-year basis. Ameresco has set its FY 2026 guidance at 1.060-1.280 EPS. Research analysts forecast that Ameresco will post 1.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Robert W. Baird cut their price objective on Ameresco from $44.00 to $36.00 and set an “outperform” rating on the stock in a research report on Tuesday. Wall Street Zen lowered Ameresco from a “hold” rating to a “sell” rating in a report on Saturday, January 10th. William Blair upgraded shares of Ameresco to a “hold” rating in a report on Tuesday, January 27th. Stifel Nicolaus reissued a “buy” rating and set a $38.00 price target (up from $37.00) on shares of Ameresco in a report on Wednesday, March 11th. Finally, Canaccord Genuity Group raised their price target on Ameresco from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Eight analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $39.10.

Insiders Place Their Bets

In other Ameresco news, Director Nickolas Stavropoulos sold 15,700 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $34.15, for a total transaction of $536,155.00. Following the transaction, the director directly owned 14,111 shares of the company’s stock, valued at $481,890.65. This trade represents a 52.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last ninety days, insiders sold 16,920 shares of company stock valued at $574,440. Corporate insiders own 44.96% of the company’s stock.

Key Headlines Impacting Ameresco

Here are the key news stories impacting Ameresco this week:

• Positive Sentiment: Revenue beat and solid top?line growth — Ameresco reported Q1 revenue of $401.5M, about 14% year?over?year growth, beating analyst estimates and supporting the firm’s growth narrative. Read More.
• Positive Sentiment: Major JV with HASI could be value?accretive — Ameresco formed Neogenyx Fuels with HASI; HASI is investing $400M and the JV is valued at $1.8B, creating a new growth vehicle in advanced biofuels that could accelerate cash generation and de?risk the renewables portfolio. Read More.
• Neutral Sentiment: Analyst consensus remains constructive — Brokerages show an average rating of “Moderate Buy,” indicating continued analyst support despite mixed results. Read More.
• Neutral Sentiment: Earnings?call commentary emphasizes a “transformative growth path,” highlighting pipeline and execution themes that management is using to frame long?term upside. Read More.
• Negative Sentiment: EPS missed expectations — Ameresco reported a Q1 loss of ($0.33) vs. the ($0.27) consensus, a notable beat on revenue but a near?term earnings weakness that pressures short?term sentiment. Read More.
• Negative Sentiment: FY?2026 guidance a touch conservative — Ameresco set EPS guidance of $1.06–$1.28 and revenue guidance of $2.0B–$2.2B (consensus ~ $2.1B; consensus EPS ~1.15), which is slightly below some Street forecasts and may cap near?term upside. Read More.
• Negative Sentiment: Price target trimmed by Baird — Robert W. Baird lowered its target from $44 to $36 but kept an “Outperform” rating, a mixed signal that reduces some upside implied by earlier targets. Read More.

Hedge Funds Weigh In On Ameresco

Institutional investors have recently added to or reduced their stakes in the stock. Bayesian Capital Management LP purchased a new stake in shares of Ameresco during the 2nd quarter valued at approximately $250,000. JCP Investment Management LLC increased its holdings in Ameresco by 16.4% during the 2nd quarter. JCP Investment Management LLC now owns 16,297 shares of the utilities provider’s stock worth $248,000 after purchasing an additional 2,297 shares during the period. WINTON GROUP Ltd acquired a new stake in shares of Ameresco in the 4th quarter valued at $245,000. Brevan Howard Capital Management LP lifted its holdings in Ameresco by 16.9% during the 2nd quarter. Brevan Howard Capital Management LP now owns 15,086 shares of the utilities provider’s stock worth $229,000 after buying an additional 2,186 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of Ameresco during the 3rd quarter worth about $216,000. Hedge funds and other institutional investors own 99.24% of the company’s stock.

About Ameresco

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.