The price of AMPS is predicted to go up 16.4%, based on the high correlation periods with BL. The similarity of these two price pattern on the periods is 92.67%.
AMPS
BL
Up: 16.4%Similarity: 92.67%
AMPS Revenue Forecast
AMPS EPS Forecast
AMPS FAQs
What is bull’s view on AMPS?
Altus Power (AMPS) is currently trading at $4.16, with bullish sentiment driven by acquisition talks with TPG Rise Climate. The stock surged over 23% following the news, reflecting optimism about potential strategic synergies and clean energy demand growth. However, the stock may remain range-bound until the deal is finalized or further clarity emerges.
What is bear's view on AMPS?
AMPS stock closed at $4.03 on January 31, 2025, down 1.71%. The bearish view stems from its high debt-to-equity ratio and competitive pressures in the clean energy sector, despite recent acquisition talks with TPG Rise Climate. Technical indicators like RSI (54.10) suggest neutral momentum, but the stock remains below key resistance levels.
What is AMPS revenue forecast for next quarter?
The market consensus for AMPS's revenue in the upcoming quarter is projected to be approximately $46.92M USD.
JPMorgan downgraded Altus Power to Underweight from Neutral without a price target. While the company's strategic review could present upside risk, the stock will likely be range-bound until visibility increases into Altus Power's ability to improve execution, the analyst tells investors in a research note. The firm, however, does not view the stock as a short.