Shares of American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) have earned an average recommendation of “Moderate Buy” from the five brokerages that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $55.00.
Several equities analysts recently commented on AMSC shares. Weiss Ratings cut shares of American Superconductor from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, August 24th. Roth Capital restated a “buy” rating and issued a $55.00 price target (down from $58.00) on shares of American Superconductor in a research report on Monday, August 10th. Wall Street Zen upgraded shares of American Superconductor from a “sell” rating to a “hold” rating in a report on Sunday, August 30th. Finally, Freedom Capital raised shares of American Superconductor to a “strong-buy” rating in a research report on Tuesday, July 21st.
View Our Latest Stock Report on American Superconductor
American Superconductor Stock Up 1.8%
American Superconductor (NASDAQ:AMSC – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). American Superconductor had a return on equity of 27.41% and a net margin of 42.56%.The business had revenue of $94.07 million for the quarter, compared to analyst estimates of $87.12 million. During the same quarter last year, the firm earned $0.30 earnings per share. The firm’s quarterly revenue was up 30.0% compared to the same quarter last year. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. As a group, analysts anticipate that American Superconductor will post 0.37 earnings per share for the current year.
Insider Activity
In other American Superconductor news, CEO Daniel Mcgahn sold 16,117 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $37.45, for a total value of $603,581.65. Following the completion of the transaction, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at $42,390,741.05. This represents a 1.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO John Kosiba, Jr. sold 6,769 shares of American Superconductor stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total value of $253,566.74. Following the sale, the chief financial officer directly owned 334,377 shares in the company, valued at $12,525,762.42. The trade was a 1.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 37,391 shares of company stock worth $1,463,119 over the last 90 days. Corporate insiders own 3.60% of the company’s stock.
Institutional Investors Weigh In On American Superconductor
A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in American Superconductor by 19.6% in the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock valued at $101,496,000 after buying an additional 576,831 shares during the period. California State Teachers Retirement System lifted its holdings in shares of American Superconductor by 3,604.9% during the 2nd quarter. California State Teachers Retirement System now owns 2,112,361 shares of the technology company’s stock worth $87,684,000 after acquiring an additional 2,055,345 shares during the period. State Street Corp lifted its holdings in shares of American Superconductor by 4.9% during the 4th quarter. State Street Corp now owns 1,192,093 shares of the technology company’s stock worth $34,308,000 after acquiring an additional 56,215 shares during the period. Atreides Management LP boosted its position in shares of American Superconductor by 34.0% during the 2nd quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock valued at $40,523,000 after acquiring an additional 280,418 shares in the last quarter. Finally, Geode Capital Management LLC boosted its position in shares of American Superconductor by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 1,090,710 shares of the technology company’s stock valued at $31,396,000 after acquiring an additional 20,855 shares in the last quarter. Institutional investors and hedge funds own 52.28% of the company’s stock.
About American Superconductor
American Superconductor Corporation (NASDAQ:AMSC) is a technology company specializing in power electronics and high-temperature superconductor systems. Founded in 1987 and headquartered in Devens, Massachusetts, AMSC develops hardware and software solutions aimed at improving the efficiency, reliability and stability of electric power systems and renewable energy infrastructure. The company’s engineering expertise spans from the lab scale to full commercial deployment, with a focus on tackling grid integration challenges for utilities and independent power producers.
AMSC’s portfolio includes superconducting wire and cryogenic systems, power grid stabilization devices, and turnkey wind turbine electronics.
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