Why Did Ameresco Plunge 12.38%? Analysts Reassess Prospects

On May 7, 2025, Ameresco's stock experienced a significant drop of 12.38% in pre-market trading, reflecting a notable shift in investor sentiment.

Piper Sandler analyst Kashy Harrison revised the price target for Ameresco shares, lowering it from $30 to $21 while maintaining an Overweight rating. This adjustment comes amidst a broader reassessment of the company's prospects by financial analysts.

Canaccord Genuity analyst George Gianarikas raised the price target for Ameresco to $29 from $27, indicating a more optimistic outlook compared to other analysts. However, this positive sentiment is countered by other analysts who have lowered their price targets, reflecting a mixed view on the company's future performance.

Analysts have expressed a range of opinions on Ameresco, with some maintaining bullish stances while others adopt a more cautious approach. The average 12-month price target has decreased by 34.33% from the previous average, indicating a shift towards more conservative estimates.

Ameresco's financial performance shows a mixed picture. The company has achieved a revenue growth rate of approximately 20.69% over the past three months, but its return on assets (ROA) falls below industry averages, suggesting challenges in asset utilization. Additionally, the company's debt-to-equity ratio is higher than the industry average, raising concerns about financial risk.