American Superconductor (AMSC) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for American Superconductor in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AMSC shares.
View AMSC analyst ratings or view top-rated stocks.

2 equities research analysts have issued twelve-month price objectives for American Superconductor's stock. Their AMSC share price forecasts range from $9.00 to $13.00. On average, they predict the company's stock price to reach $11.33 in the next year. This suggests a possible upside of 84.3% from the stock's current price.
View analysts price targets for AMSC or view top-rated stocks among Wall Street analysts.

American Superconductor's stock was trading at $3.68 at the start of the year. Since then, AMSC stock has increased by 67.1% and is now trading at $6.15.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our AMSC earnings forecast.

American Superconductor Co. (NASDAQ:AMSC) announced its quarterly earnings results on Thursday, June, 1st. The technology company reported ($0.28) EPS for the quarter, missing analysts' consensus estimates of ($0.20) by $0.08. The technology company had revenue of $31.74 million for the quarter, compared to the consensus estimate of $28.30 million. American Superconductor had a negative trailing twelve-month return on equity of 36.64% and a negative net margin of 33.06%. During the same period last year, the business posted ($0.21) EPS.

ETFs with the largest weight of American Superconductor (NASDAQ:AMSC) stock in their portfolio include Invesco WilderHill Clean Energy ETF (PBW), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), First Trust Global Wind Energy ETF (FAN) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID).

American Superconductor issued an update on its first quarter 2023 earnings guidance on Sunday, June, 4th. The company provided earnings per share guidance of --$0.17 for the period, compared to the consensus estimate of -$0.13. The company issued revenue guidance of $26.00 million-$30.00 million, compared to the consensus revenue estimate of $27.20 million.

10 employees have rated American Superconductor Chief Executive Officer Daniel P. (Dan) McGahn on Glassdoor.com. Daniel P. (Dan) McGahn has an approval rating of 25% among the company's employees. This puts Daniel P. (Dan) McGahn in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 37.0% of employees surveyed would recommend working at American Superconductor to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other American Superconductor investors own include Advanced Micro Devices (AMD), First United (FUNC), Bank of America (BAC), Netflix (NFLX), Alibaba Group (BABA), Marvell Technology (MRVL), NVIDIA (NVDA), Cypress Semiconductor (CY) and Energy Transfer (ET).

American Superconductor trades on the NASDAQ under the ticker symbol "AMSC."

American Superconductor's stock is owned by a variety of institutional and retail investors. Top institutional investors include Royce & Associates LP (6.14%), KBC Group NV (2.14%), ArrowMark Colorado Holdings LLC (1.93%), Dimensional Fund Advisors LP (1.71%), BlackRock Inc. (1.62%) and CM Management LLC (1.19%). Insiders that own company stock include Daniel P Mcgahn, John W Kosiba Jr, John W Kosiba, Jr and Vikram S Budhraja.
View institutional ownership trends.

Shares of AMSC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of AMSC stock can currently be purchased for approximately $6.15.

American Superconductor (NASDAQ:AMSC) has a market capitalization of $181.98 million and generates $105.98 million in revenue each year. The technology company earns $-35,040,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis.

The company employs 225 workers across the globe.

American Superconductor's mailing address is 114 EAST MAIN STREET, AYER MA, 01432. The official website for the company is www.amsc.com. The technology company can be reached via phone at (978) 842-3000, via email at btanous@cleantech-ir.com, or via fax at 978-842-3024.