American Superconductor (NASDAQ:AMSC) Shares Up 5.9% – Here’s What Happened

American Superconductor Corporation (NASDAQ:AMSC)’s stock price shot up 5.9% during trading on Tuesday . The company traded as high as $35.95 and last traded at $36.2950. 586,811 shares traded hands during trading, a decline of 50% from the average session volume of 1,175,554 shares. The stock had previously closed at $34.26.

Analysts Set New Price Targets

Several analysts have issued reports on AMSC shares. Zacks Research raised American Superconductor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 4th. Weiss Ratings reissued a “hold (c-)” rating on shares of American Superconductor in a research report on Monday, December 29th. Wall Street Zen cut American Superconductor from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of American Superconductor in a research note on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, American Superconductor currently has an average rating of “Buy”.

American Superconductor Price Performance

The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 12.51 and a beta of 2.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.80 and a current ratio of 2.66. The company has a 50-day simple moving average of $31.09 and a two-hundred day simple moving average of $43.57.

American Superconductor (NASDAQ:AMSC) last issued its earnings results on Wednesday, February 4th. The technology company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $2.60. The business had revenue of $74.53 million for the quarter, compared to the consensus estimate of $69.03 million. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The firm’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.16 earnings per share. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. As a group, equities research analysts forecast that American Superconductor Corporation will post 0.41 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in AMSC. Campbell Newman Asset Management Inc. lifted its holdings in American Superconductor by 0.5% during the 3rd quarter. Campbell Newman Asset Management Inc. now owns 65,365 shares of the technology company’s stock valued at $3,882,000 after purchasing an additional 354 shares during the last quarter. Arizona State Retirement System lifted its position in American Superconductor by 3.6% during the third quarter. Arizona State Retirement System now owns 12,883 shares of the technology company’s stock worth $765,000 after acquiring an additional 442 shares during the last quarter. Stephens Inc. AR increased its stake in shares of American Superconductor by 6.3% during the third quarter. Stephens Inc. AR now owns 8,500 shares of the technology company’s stock worth $505,000 after purchasing an additional 500 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of American Superconductor by 13.6% during the third quarter. PNC Financial Services Group Inc. now owns 4,542 shares of the technology company’s stock worth $270,000 after purchasing an additional 542 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its holdings in American Superconductor by 16.6% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,900 shares of the technology company’s stock worth $143,000 after purchasing an additional 555 shares during the last quarter. 52.28% of the stock is currently owned by institutional investors.

American Superconductor Company Profile

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.