Ameresco Soars 15.15% on Strong Q2 Earnings

On August 5, 2025, Ameresco's stock surged by 15.15% in pre-market trading, reflecting a significant boost in investor confidence and market sentiment.

Ameresco reported impressive second-quarter earnings and revenue, surpassing market expectations. The company's revenue for the quarter ended June 2025 was $472.28 million, marking an 8% year-over-year increase. This growth was driven by strong demand in Europe and the expansion of its Energy Asset business. The company's earnings per share (EPS) came in at $0.27, significantly beating analyst estimates.

Ameresco's strong performance was further highlighted by a 24% increase in adjusted EBITDA to $56.1 million, which exceeded analyst expectations. The company's project backlog reached a record high of over $5 billion, providing a clear path for future growth. Despite potential regulatory changes, Ameresco's management remains optimistic about the company's prospects, reaffirming its 2025 revenue and EBITDA goals.

Investor confidence in Ameresco continues to grow, with most analysts rating the stock a 'buy'. The shares now trade at 16 times expected earnings, up from 12 times just a few months ago. The median price target for the stock is 20% above the early August share price, indicating that the market sees further upside potential for Ameresco if it maintains its current trajectory.

Ameresco's expansion in Europe and its robust Energy Asset business underscore a broader trend of increasing investment in renewable infrastructure and energy efficiency. With a strong project backlog and a favorable regulatory environment, Ameresco is well-positioned to capitalize on the ongoing energy transition and continue its growth trajectory.