Wall Street Zen upgraded shares of American Superconductor (NASDAQ:AMSC – Free Report) from a hold rating to a buy rating in a report issued on Sunday morning.
Several other analysts also recently issued reports on AMSC. Oppenheimer reissued an “outperform” rating on shares of American Superconductor in a research note on Thursday, November 6th. Weiss Ratings reiterated a “hold (c-)” rating on shares of American Superconductor in a report on Monday, December 1st. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $39.00.
Read Our Latest Report on American Superconductor
American Superconductor Price Performance
American Superconductor (NASDAQ:AMSC – Get Free Report) last posted its earnings results on Wednesday, November 5th. The technology company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.05. The business had revenue of $65.86 million during the quarter, compared to analysts’ expectations of $67.23 million. American Superconductor had a return on equity of 6.48% and a net margin of 5.69%.American Superconductor’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 EPS. American Superconductor has set its Q3 2025 guidance at 0.140- EPS. On average, research analysts expect that American Superconductor will post 0.41 earnings per share for the current year.
Institutional Investors Weigh In On American Superconductor
Several large investors have recently made changes to their positions in AMSC. GAMMA Investing LLC increased its stake in shares of American Superconductor by 104.7% during the 2nd quarter. GAMMA Investing LLC now owns 954 shares of the technology company’s stock worth $35,000 after purchasing an additional 488 shares during the last quarter. Virtus Advisers LLC bought a new position in American Superconductor during the second quarter worth about $69,000. Canada Pension Plan Investment Board grew its holdings in American Superconductor by 100.0% during the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after purchasing an additional 1,000 shares during the period. State of Alaska Department of Revenue acquired a new position in American Superconductor during the third quarter worth approximately $124,000. Finally, Stance Capital LLC bought a new stake in American Superconductor in the third quarter valued at approximately $155,000. Institutional investors and hedge funds own 52.28% of the company’s stock.
About American Superconductor
American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.
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