Jefferies analyst Dushyant Ailani maintained a Hold rating on Ameresco (AMRC – Research Report) today and set a price target of $13.00.
Dushyant Ailani has given his Hold rating due to a combination of factors impacting Ameresco’s current and future performance. The company reported a disappointing fourth quarter, with government contracts being canceled or delayed, which has raised concerns about its project business. Additionally, the guidance for 2025 was significantly below expectations, with adjusted EBITDA projected at $235 million compared to the anticipated $270 million, reflecting a challenging outlook.
Moreover, the energy assets segment is expected to slow down, with a reduction in megawatts deployed, which contrasts with the growth strategies of similar companies. Management’s decision to adhere to long-term growth targets despite these challenges further complicates the situation. Given these uncertainties and the recent significant stock sell-off, Ailani finds it prudent to maintain a Hold rating while closely monitoring the company’s ability to address these issues moving forward.
According to TipRanks, Ailani is an analyst with an average return of -4.6% and a 22.86% success rate.
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