Ameresco, Inc. (AMRC)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Ameresco, Inc. (AMRC) trades at $26.57 with AI Score 31/100 (Grade D). Ameresco, Inc. is a clean technology integrator providing energy efficiency and renewable energy solutions. The company operates in the U. Market cap: $1.41B, Sector: Industrials.
Price live · AI analysis from May 10, 2026AMRC stock analysis for 2026: Analysts have set a consensus price target of $45.50 for Ameresco, Inc., suggesting 71.2% upside from the current price of $26.57. The AI MoonshotScore is 31/100, indicating a bearish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
AMRC: 1/1 perspectives are bearish.
How is this calculated? →Ameresco, Inc. (AMRC) Industrial Operations Profile
Ameresco, Inc. delivers energy efficiency and renewable energy solutions, serving diverse sectors across the U.S., Canada, and internationally. With a focus on infrastructure upgrades and renewable energy assets, Ameresco helps clients reduce energy consumption and costs, positioning itself as a key player in the clean technology sector.
What Is the Investment Thesis for AMRC?
Ameresco presents a compelling investment case within the growing clean technology sector. The company's diverse portfolio of energy efficiency and renewable energy solutions positions it to capitalize on increasing demand for sustainable energy infrastructure. With a market capitalization of $1.41B and a P/E ratio of 15.5, Ameresco demonstrates a moderate valuation relative to its earnings. Key growth catalysts include government incentives for renewable energy projects and increasing corporate focus on ESG initiatives. However, investors should be aware of the company's negative free cash flow of $-0.42 billion and a relatively low profit margin of 1.6%. The company's high beta of 2.60 suggests higher volatility compared to the market. Successful execution of large-scale projects and effective cost management will be crucial for future profitability.
Based on FMP financials and quantitative analysis
AMRC Key Highlights
- Market Cap of $1.41B reflects investor valuation of Ameresco's future growth potential in the clean energy sector.
- P/E ratio of 15.5 indicates a potentially reasonable valuation compared to peers in the Engineering & Construction industry.
- Gross Margin of 15.6% demonstrates the company's ability to generate revenue after accounting for the cost of goods sold.
- Ameresco operates 147 small-scale renewable energy plants and solar PV installations as of December 31, 2021, providing a recurring revenue stream.
- The company serves diverse sectors including federal, state, and local governments, healthcare and educational institutions, showcasing a broad market reach.
Who Are AMRC's Competitors?
AMRC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| LGN Legence Corp. | $77.08 | +1.64% | $9.33B | 31 |
| EKIVF Enka Insaat ve Sanayi A.S. | $1.12 | +7.14% | $6.39B | 64 |
| AGX Argan, Inc. | $738.72 | +4.61% | $10.36B | 62 |
| ECG Everus Construction Group, Inc. | $143.13 | +3.52% | $7.31B | 59 |
| GNSPF GenusPlus Group Limited | $7.00 | -9.68% | $1.27B | 58 |
| KBAGF Koninklijke BAM Groep nv | $12.80 | +22.84% | $3.29B | 49 |
| MSW Ming Shing Group Holdings Limited | $1.30 | +2.36% | $16.87M | 49 |
| APG APi Group Corporation | $42.70 | +1.70% | $18.50B | 49 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are AMRC's Key Strengths?
- Comprehensive portfolio of energy efficiency and renewable energy solutions
- Strong presence in the U.S. Federal market
- Experienced management team
- Established long-term client relationships
What Are AMRC's Weaknesses?
- Relatively low profit margin
- Negative free cash flow
- High beta indicating higher volatility
- Dependence on government incentives and regulations
What Could Drive AMRC Stock Higher?
- Government incentives and tax credits for renewable energy projects.
- Increasing corporate focus on ESG (Environmental, Social, and Governance) initiatives.
- Potential new contracts with federal, state, and local governments.
- Expansion of energy storage solutions offerings.
What Are the Key Risks for AMRC?
- Financial-distress signal — its Altman Z-Score of 1.08 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Changes in government policies and regulations regarding renewable energy.
- Increased competition from larger engineering and construction firms.
- Economic downturn affecting capital spending on energy efficiency projects.
- Technological obsolescence in the rapidly evolving clean technology sector.
- Project delays and cost overruns in large-scale energy projects.
What Are the Growth Opportunities for AMRC?
- Expansion of Renewable Energy Asset Portfolio: Ameresco has the opportunity to significantly expand its portfolio of owned and operated renewable energy assets. As of 2021, the company owned 147 small-scale renewable energy plants and solar PV installations. Investing in additional renewable energy projects, such as solar, wind, and biogas facilities, will generate long-term recurring revenue streams and enhance the company's asset base. The market for renewable energy is projected to grow substantially, driven by government incentives and increasing demand for clean energy sources. Timeline: Ongoing.
- Increased Focus on Energy Efficiency Upgrades: Ameresco can capitalize on the growing demand for energy efficiency upgrades in existing buildings and infrastructure. By offering comprehensive energy audits, retrofitting services, and advanced building management systems, the company can help clients reduce energy consumption and lower operating costs. The market for energy efficiency upgrades is substantial, particularly in older buildings that have not been optimized for energy performance. Timeline: Ongoing.
- Penetration of the U.S. Federal Market: Ameresco has a strong presence in the U.S. Federal market, providing energy efficiency and renewable energy solutions to government agencies and military installations. The company can further expand its market share by leveraging its expertise and track record to secure additional contracts. The U.S. Federal government is committed to reducing its carbon footprint and investing in sustainable infrastructure, creating significant opportunities for Ameresco. Timeline: Ongoing.
- Geographic Expansion into New Markets: Ameresco currently operates in the United States, Canada, and internationally. The company can expand its geographic reach by entering new markets with strong growth potential in renewable energy and energy efficiency. Potential target markets include Europe, Asia, and Latin America, where governments and businesses are increasingly focused on sustainability. Geographic expansion will diversify the company's revenue streams and reduce its reliance on any single market. Timeline: 2-3 years.
- Development of Energy Storage Solutions: As the adoption of renewable energy increases, the need for energy storage solutions becomes more critical. Ameresco can develop and offer energy storage solutions, such as battery storage systems, to help clients manage the intermittency of renewable energy sources and ensure a reliable power supply. The market for energy storage is rapidly growing, driven by technological advancements and decreasing costs. Ameresco's expertise in energy management and renewable energy makes it well-positioned to capitalize on this trend. Timeline: 1-2 years.
What Opportunities Does AMRC Have?
- Expansion of renewable energy asset portfolio
- Increased focus on energy efficiency upgrades
- Geographic expansion into new markets
- Development of energy storage solutions
What Threats Does AMRC Face?
- Competition from larger engineering and construction firms
- Changes in government policies and regulations
- Technological obsolescence
- Economic downturn affecting capital spending
What Are AMRC's Competitive Advantages?
- Technical Expertise: Ameresco possesses deep technical expertise in energy efficiency and renewable energy technologies, providing a competitive advantage in designing and implementing complex projects.
- Long-Term Relationships: The company has established long-term relationships with its clients, providing recurring revenue streams and opportunities for repeat business.
- Diverse Service Offering: Ameresco offers a comprehensive portfolio of energy efficiency and renewable energy solutions, allowing it to meet a wide range of client needs.
- Asset Ownership: The company owns and operates renewable energy assets, generating stable and predictable revenue streams.
What Does AMRC Do?
Founded in 2000 and headquartered in Framingham, Massachusetts, Ameresco, Inc. has evolved into a leading clean technology integrator. The company provides a comprehensive portfolio of energy efficiency and renewable energy supply solutions, operating across the United States, Canada, and internationally. Ameresco's services include energy efficiency upgrades, infrastructure modernization, energy security and resilience solutions, asset sustainability programs, and the development of renewable energy projects. The company operates through four segments: U.S. Regions, U.S. Federal, Canada, and Non-Solar Distributed Generation. Ameresco designs, develops, engineers, and installs projects aimed at reducing energy consumption and operational costs for its clients. These projects often involve customized measures to enhance the efficiency of building systems, such as heating, ventilation, cooling, and lighting. In addition to energy efficiency projects, Ameresco develops and operates small-scale renewable energy plants that produce electricity, gas, heat, or cooling from renewable sources. As of December 31, 2021, the company owned and operated 147 such facilities. Ameresco serves a diverse clientele, including federal, state, and local governments, healthcare and educational institutions, airports, public housing authorities, public universities, and commercial and industrial customers. The company also sells photovoltaic (PV) solar energy products and systems and provides consulting and enterprise energy management services.
What Products and Services Does AMRC Offer?
- Provide energy efficiency solutions for buildings and infrastructure.
- Develop and operate small-scale renewable energy plants.
- Offer infrastructure upgrades to improve energy security and resilience.
- Provide asset sustainability solutions for businesses and organizations.
- Sell photovoltaic (PV) solar energy products and systems.
- Offer consulting and enterprise energy management services.
- Design, engineer, and install energy-saving projects.
How Does AMRC Make Money?
- Energy Efficiency Projects: Ameresco generates revenue by designing, developing, and installing energy efficiency projects for clients, reducing their energy consumption and operating costs.
- Renewable Energy Assets: The company owns and operates renewable energy plants, generating revenue from the sale of electricity, gas, heat, or cooling produced from renewable sources.
- Product Sales: Ameresco sells photovoltaic (PV) solar energy products and systems, generating revenue from product sales and installations.
- Consulting Services: The company provides consulting and enterprise energy management services, generating revenue from consulting fees.
What Industry Does AMRC Operate In?
Ameresco operates within the engineering and construction industry, specifically focusing on the clean technology and renewable energy sectors. The industry is experiencing significant growth driven by increasing global awareness of climate change and supportive government policies. The competitive landscape includes companies like Legence Corp. (LGN), which also offer energy efficiency and sustainable solutions. Ameresco's focus on integrating energy efficiency with renewable energy projects positions it well to capture market share in this expanding sector. The industry is characterized by long project cycles and capital-intensive investments, requiring strong project management and financial discipline.
Who Are AMRC's Key Customers?
- Federal, state, and local governments
- Healthcare and educational institutions
- Airports
- Public housing authorities and public universities
- Commercial and industrial customers
Ameresco, Inc. Financial Trajectory
Ameresco, Inc. (AMRC) reported $401.5M in revenue for Q1 2026, a decline of 30.9% compared to the prior quarter. The company recorded a net loss of $18.3M, with diluted EPS of $-0.35. Quarter-over-quarter revenue has been mixed, typical for a small-cap company operating in Industrials. Across the four most recent quarters, AMRC averaged $0.15 in diluted EPS.
Company Profile
Ameresco, Inc. operates in the Engineering & Construction industry within the Industrials sector. It is headquartered in Framingham, US. The company is led by CEO George Sakellaris. AMRC has traded publicly since 2010.
How Ameresco, Inc. Is Valued
Ameresco, Inc. carries a market capitalization of $1.41B, placing it in the small-cap category. Relative to its peer group, AMRC's quantitative score of 31/100 is below the peer average of 55/100.
ROE 3%Key Financial Metrics
Return on equity for Ameresco, Inc. stands at 2.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.7%, showing how much profit it generates from its asset base. AMRC trades at a trailing price-to-earnings ratio of 15.46, below the Industrials sector average of ~30x. Its free cash flow yield is -13.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.49 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 1.7%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 2/9Financial Health
Ameresco, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 1.08 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Ameresco, Inc. revenue of about $2.11B for fiscal 2026, with EPS near $1.11. The estimate reflects 8 contributing analysts.
AMRC Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Ameresco is riding the wave of increased demand for renewable energy solutions, driven by government incentives and corporate sustainability goals.
- Recent insider buying suggests confidence in the company's long-term prospects and strategic direction.
- The community sentiment leans bullish, with many highlighting Ameresco's strong project pipeline and backlog.
- Market perception views Ameresco favorably as a key player in the energy transition, attracting investors focused on ESG.
Bear Case
- Concerns exist regarding Ameresco's ability to manage project execution risks and maintain profitability in a competitive landscape.
- Some community members are wary of potential delays or cancellations in project development due to regulatory hurdles.
- Rising interest rates could impact Ameresco's project financing costs and overall financial performance.
- Negative market perception stems from uncertainty about the long-term impact of supply chain disruptions on Ameresco's operations.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $401M | -$18M | -$0.35 |
| Q4 2025 | $581M | $18M | $0.34 |
| Q3 2025 | $526M | $19M | $0.35 |
| Q2 2025 | $472M | $13M | $0.24 |
Based on FMP financials and quantitative analysis
AMRC Latest News
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Shares of companies in the broader industrials sector are trading higher amid a dip in oil prices as optimism grows that a U.S.-Iran peace framework is nearing completion, potentially easing concerns around future inflation, borrowing costs, and customer demand.
Benzinga · May 26, 2026
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Is It Too Late To Consider Ameresco (AMRC) After Its 133% One Year Surge?
Yahoo! Finance: AMRC News · May 24, 2026
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The Swiss Cheese Principle Behind Jonathan's Top 5 Stocks
investorplace.com · May 24, 2026
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Q1 Earnings Roundup: Ameresco (NYSE:AMRC) And The Rest Of The Energy Products and Services Segment
Yahoo! Finance: AMRC News · May 23, 2026
AMRC Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AMRC.
Price Targets
Consensus target: $45.50
AMRC MoonshotScore
What does this score mean?
The MoonshotScore rates AMRC's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Shares of companies in the broader industrials sector are trading higher amid a dip in oil prices as optimism grows that a U.S.-Iran peace framework is nearing completion, potentially easing concerns around future inflation, borrowing costs, and customer demand.
Is It Too Late To Consider Ameresco (AMRC) After Its 133% One Year Surge?
The Swiss Cheese Principle Behind Jonathan's Top 5 Stocks
Q1 Earnings Roundup: Ameresco (NYSE:AMRC) And The Rest Of The Energy Products and Services Segment
Latest Ameresco, Inc. Analysis
Leadership: George Sakellaris
Chairman, President and Chief Executive Officer
George Sakellaris is the Chairman, President, and CEO of Ameresco, Inc. He founded the company in 2000. Sakellaris has extensive experience in the energy industry, previously founding and leading another successful energy services company. He holds a Master of Science degree in Engineering from Northeastern University and a Bachelor of Science degree in Electrical Engineering from the University of Maine. His leadership is marked by a focus on innovation and sustainable energy solutions.
Track Record: Under George Sakellaris' leadership, Ameresco has grown from a startup to a leading clean technology integrator with operations across the U.S., Canada, and internationally. He has overseen the development and implementation of numerous large-scale energy efficiency and renewable energy projects. Sakellaris has also guided the company through strategic acquisitions and partnerships, expanding its service offerings and market reach.
What Investors Ask About Ameresco, Inc. (AMRC) — Industrials
What does Ameresco, Inc. do?
Ameresco, Inc. is a clean technology integrator that provides energy efficiency and renewable energy solutions to a diverse range of customers, including government, healthcare, education, and commercial sectors. The company designs, develops, engineers, and installs projects that reduce energy consumption and operating costs. Ameresco also owns and operates renewable energy plants, generating revenue from the sale of electricity, gas, heat, or cooling produced from renewable sources. The company's comprehensive service offerings and technical expertise position it as a key player in the clean technology sector.
What do analysts say about AMRC stock?
Analyst coverage of Ameresco, Inc. typically focuses on the company's growth potential within the expanding clean technology market. Key valuation metrics include the company's P/E ratio, revenue growth rate, and gross margin. Analysts often consider the impact of government incentives and regulations on the company's future performance. While analyst opinions may vary, the general consensus is that Ameresco is well-positioned to benefit from the increasing demand for sustainable energy solutions. Investors should conduct their own due diligence and consider their individual risk tolerance before making any investment decisions.
What are the main risks for AMRC?
Ameresco, Inc. faces several key risks that investors may want to evaluate. Changes in government policies and regulations regarding renewable energy could impact the company's profitability and growth prospects. Increased competition from larger engineering and construction firms could put pressure on pricing and margins. An economic downturn could reduce capital spending on energy efficiency projects. Technological obsolescence in the rapidly evolving clean technology sector could require significant investments in research and development. Project delays and cost overruns in large-scale energy projects could negatively impact the company's financial performance.
What are the key factors to evaluate for AMRC?
Ameresco, Inc. (AMRC) holds an AI score of 31/100 (low). P/E: 15.5x vs the S&P 500's ~20-25x. Analysts target $45.50 (+71%). Not financial advice.
How frequently does AMRC data refresh on this page?
AMRC prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven AMRC's recent stock price performance?
Ameresco, Inc. (AMRC) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Comprehensive portfolio of energy efficiency and renewable energy solutions. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider AMRC overvalued or undervalued right now?
Ameresco, Inc. (AMRC) trades at 15.5x earnings. Analysts target $45.50 (+71%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying AMRC?
Before investing in Ameresco, Inc. (AMRC), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on available data as of 2026-05-10.
- Financial data is based on information available up to December 31, 2021.
- Future performance is subject to market conditions and company-specific factors.