American Superconductor (NASDAQ:AMSC) Shares Down 7.1% – What’s Next?

American Superconductor Corporation (NASDAQ:AMSCGet Free Report) fell 7.1% during mid-day trading on Wednesday . The stock traded as low as $37.36 and last traded at $37.6710. 615,290 shares traded hands during trading, a decline of 48% from the average session volume of 1,193,104 shares. The stock had previously closed at $40.53.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AMSC. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Zacks Research downgraded American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

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American Superconductor Price Performance

The firm’s 50-day simple moving average is $45.60 and its two-hundred day simple moving average is $36.38. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 12.35 and a beta of 3.20.

American Superconductor (NASDAQ:AMSCGet Free Report) last issued its earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.11. American Superconductor had a net margin of 44.73% and a return on equity of 32.19%. The company had revenue of $86.41 million for the quarter, compared to analyst estimates of $82.10 million. During the same period in the prior year, the business posted $0.12 earnings per share. The firm’s revenue for the quarter was up 29.6% compared to the same quarter last year. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. On average, analysts expect that American Superconductor Corporation will post 0.66 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of American Superconductor by 19.6% during the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock worth $101,496,000 after purchasing an additional 576,831 shares in the last quarter. Baillie Gifford & Co. increased its stake in shares of American Superconductor by 5.6% during the 4th quarter. Baillie Gifford & Co. now owns 1,506,841 shares of the technology company’s stock worth $43,367,000 after purchasing an additional 79,509 shares in the last quarter. State Street Corp increased its stake 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 purchasing an additional 56,215 shares in the last quarter. Atreides Management LP raised its stake in American Superconductor by 34.0% in the 2nd quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock valued at $40,523,000 after purchasing an additional 280,418 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in American Superconductor by 1.9% in 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 purchasing an additional 20,855 shares during the last quarter. 52.28% of the stock is owned by hedge funds and other institutional investors.

About American Superconductor

(Get Free Report)

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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