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

Shares of American Superconductor Corporation (NASDAQ:AMSC) were down 7.1% on Wednesday . The stock traded as low as $37.36 and last traded at $37.6710. Approximately 615,290 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 1,193,104 shares. The stock had previously closed at $40.53.

Analyst Ratings Changes

Several research analysts recently weighed in on AMSC shares. Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Zacks Research lowered shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, American Superconductor presently has an average rating of “Hold”.

American Superconductor Price Performance

The stock’s 50-day moving average is $45.60 and its 200-day moving average is $36.38. The stock has a market cap of $1.77 billion, a price-to-earnings ratio of 12.35 and a beta of 3.20.

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

Hedge Funds Weigh In On American Superconductor

A number of hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company boosted its holdings in shares of American Superconductor by 2.0% in the 1st quarter. The Manufacturers Life Insurance Company now owns 20,828 shares of the technology company’s stock valued at $705,000 after purchasing an additional 404 shares during the last quarter. Arizona State Retirement System boosted its holdings in shares of American Superconductor by 3.6% in the 3rd quarter. Arizona State Retirement System now owns 12,883 shares of the technology company’s stock valued at $765,000 after purchasing an additional 442 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of American Superconductor by 45.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock valued at $45,000 after purchasing an additional 492 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of American Superconductor by 13.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 4,542 shares of the technology company’s stock valued at $270,000 after purchasing an additional 542 shares during the last quarter. Finally, ROI Financial Advisors LLC boosted its holdings in shares of American Superconductor by 5.9% in the 1st quarter. ROI Financial Advisors LLC now owns 10,731 shares of the technology company’s stock valued at $363,000 after purchasing an additional 598 shares during the last quarter. Institutional investors and hedge funds own 52.28% of the company’s stock.

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.