Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Alternus Clean Energy, Inc. Market Cap
Based on ratings from 0 stock analysts, the Alternus Clean Energy, Inc. stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Alternus Clean Energy, Inc.. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedALCE 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Alternus Clean Energy, Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ALCE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of ALCE.
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When did it IPO
2022
Staff Count
0
Country
Ireland
Sector/Industry
Utilities/Utilities - Renewable
CEO
Mr. Vincent Browne
Market Cap
$5.5M
In 2023, ALCE generated $20.1M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ALCE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 25 Nov 2024
Sentiment - POSITIVE
Source - Proactive Investors
Summary - Alternus Clean Energy Inc (NASDAQ:ALCE) has signed terms to acquire LiiON, a US energy storage provider, enhancing its capabilities in renewable energy and the microgrid market.
Why It Matters - The acquisition of LiiON enhances Alternus Clean Energy's renewable energy portfolio, strengthens its microgrid and battery storage capabilities, potentially driving growth and competitiveness in the sector.
Mon, 25 Nov 2024
Sentiment - NEUTRAL
Source - Newsfile Corp
Summary - Alternus Clean Energy, Inc. (NASDAQ: ALCE) has signed a binding agreement to acquire LiiON, LLC, enhancing its expertise in battery storage and advancing its microgrid initiatives.
Why It Matters - The acquisition enhances Alternus Clean Energy's capabilities in energy storage, positioning it strategically in the growing microgrid market, which could drive future revenue and market share.
Fri, 15 Nov 2024
Sentiment - POSITIVE
Source - Proactive Investors
Summary - Alternus Clean Energy Inc (NASDAQ:ALCE) is transitioning from a small Oslo-listed firm to a global player in renewable energy, guided by CEO Vincent Browne amidst evolving market dynamics.
Why It Matters - Alternus Clean Energy's transition to a global player in renewable energy signals potential for growth and market share expansion, impacting its long-term valuation and investment attractiveness.
Tue, 12 Nov 2024
Sentiment - POSITIVE
Source - Proactive Investors
Summary - Alternus Clean Energy Inc completed the sale of special purpose vehicles to its majority shareholder, reducing debt by $30 million and improving shareholder equity by $4 million.
Why It Matters - The sale reduces Alternus Clean Energy's debt, enhancing financial stability and improving shareholder equity, which can boost investor confidence and potentially increase stock value.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - Newsfile Corp
Summary - Alternus Clean Energy, Inc. (NASDAQ: ALCE) has completed the sale of certain SPVs to its majority shareholder, Alternus Energy Group Plc (AEG).
Why It Matters - The sale of SPVs by Alternus Clean Energy to its majority shareholder may impact liquidity, financial stability, and strategic direction, influencing investor sentiment and stock performance.
Wed, 23 Oct 2024
Sentiment - POSITIVE
Source - Proactive Investors
Summary - Alternus Clean Energy Inc has completed its first tax equity deal under the Inflation Reduction Act, transferring about $1.74 million in 2023 Investment Tax Credits.
Why It Matters - The successful tax equity transaction highlights Alternus Clean Energy's ability to leverage incentives from the Inflation Reduction Act, potentially boosting its financial stability and attractiveness to investors.
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