American Superconductor Corporation (NASDAQ:AMSC) Receives $55.00 Average Price Target from Analysts

Shares of American Superconductor Corporation (NASDAQ:AMSC) have been given an average rating of “Moderate Buy” by the five research firms that are currently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $55.00.

Several equities analysts recently commented on the stock. Wall Street Zen raised shares of American Superconductor from a “sell” rating to a “hold” rating in a research report on Sunday, August 30th. Freedom Capital raised shares of American Superconductor to a “strong-buy” rating in a research note on Tuesday, July 21st. Roth Capital restated a “buy” rating and set a $55.00 price objective (down from $58.00) on shares of American Superconductor in a report on Monday, August 10th. Finally, Weiss Ratings lowered American Superconductor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, August 24th.

Hedge Funds Weigh In On American Superconductor

Large investors have recently modified their holdings of the company. Nykredit A S purchased a new position in American Superconductor in the second quarter valued at approximately $46,000. Rockefeller Capital Management L.P. grew its stake in American Superconductor by 45.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock worth $45,000 after buying an additional 492 shares during the period. Optiver Holding B.V. purchased a new stake in American Superconductor during the first quarter worth approximately $64,000. Canada Pension Plan Investment Board increased its position in shares of American Superconductor by 100.0% in the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock worth $73,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Superconductor in the fourth quarter worth $60,000. 52.28% of the stock is currently owned by hedge funds and other institutional investors.

American Superconductor Trading Down 2.2%

Shares of NASDAQ:AMSC opened at $28.66 on Friday. The stock’s 50-day moving average price is $31.69 and its two-hundred day moving average price is $37.62. American Superconductor has a 12-month low of $24.87 and a 12-month high of $70.49. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 9.46 and a beta of 3.26.

American Superconductor (NASDAQ:AMSC) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). The company had revenue of $94.07 million for the quarter, compared to analyst estimates of $87.12 million. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The company’s revenue was up 30.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.30 EPS. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. As a group, research analysts forecast that American Superconductor will post 0.37 earnings per share for the current fiscal year.

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.