American Superconductor Corporation (AMSC)

NASDAQ: AMSC · IEX Real-Time Price · USD
24.09
+1.11 (4.83%)
Jul 2, 2024, 4:00 PM EDT - Market closed
4.83%
Market Cap 891.29M
Revenue (ttm) 145.64M
Net Income (ttm) -11.11M
Shares Out 37.00M
EPS (ttm) -0.37
PE Ratio n/a
Forward PE 262.39
Dividend n/a
Ex-Dividend Date n/a
Volume 710,971
Open 23.18
Previous Close 22.98
Day's Range 22.77 - 24.24
52-Week Range 5.75 - 27.38
Beta 2.08
Analysts Strong Buy
Price Target 24.33 (+1.0%)
Earnings Date Aug 7, 2024

About AMSC

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. It provides transmission planning services, which identify power grid congestion, poor power quality, and other risks; grid interconnection solutio... [Read more]

Sector Industrials
IPO Date Dec 11, 1991
Employees 337
Stock Exchange NASDAQ
Ticker Symbol AMSC
Full Company Profile

Financial Performance

In 2023, AMSC's revenue was $145.64 million, an increase of 37.42% compared to the previous year's $105.98 million. Losses were -$11.11 million, -68.29% less than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for AMSC stock is "Strong Buy." The 12-month stock price forecast is $24.33, which is an increase of 1.00% from the latest price.

Price Target
$24.33
(1.00% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Rally In AMSC Shares Continues With $75 Million Canadian Navy Deal

hares of American Supercomputer (AMSC) jumped 12% to $26.34 June 13, a three-year high, after the company announced it had closed a five-year contract to provide its new Ship Protection Systems hardwa...

11 days ago - Forbes

American Superconductor (AMSC) CEO on Growth Opportunities

American Superconductor (AMSC) specializes in using superconductors for the development of diverse power systems. President and CEO Daniel McGahn joins Nicole Petallides to give an overview of the com...

12 days ago - Schwab Network

Top 4 Industrials Stocks That May Crash This Quarter

As of June 12, 2024, four stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: ABMSRCLVRSK
20 days ago - Benzinga

AMSC Expands Ship Protection System Offering to Allied Navy with First Contract Win

AMSC Awarded $75 Million Contract for Proprietary Ship Protection System for Multiple Canadian Surface Combatant Ships AMSC Awarded $75 Million Contract for Proprietary Ship Protection System for Mult...

20 days ago - GlobeNewsWire

American Superconductor stock surges on Q4 earnings beat: Is it time to buy?

American Superconductor Corporation (NASDAQ:AMSC) reported impressive fourth-quarter results after market closing yesterday following which the stock opened strong today and at one point in time was t...

4 weeks ago - Invezz

AMSC Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Provides Business Outlook

Business Highlights: Full year revenues increased over 37% year over year to $145.6 million Full year gross margin expansion of 1,620 basis points over the prior year Generated $2.1 million of operati...

4 weeks ago - GlobeNewsWire

AMSC to Report Fourth Quarter and Fiscal Year 2023 Financial Results on May 29, 2024

AYER, Mass., May 23, 2024 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™...

5 weeks ago - GlobeNewsWire

AMSC Prices Upsized $60 Million Public Offering of Common Stock

AYER, Mass. , Jan. 31, 2024 (GLOBE NEWSWIRE) -- American Superconductor Corporation (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm a...

5 months ago - GlobeNewsWire

AMSC Announces Proposed Public Offering of Common Stock

AYER, Mass., Jan. 30, 2024 (GLOBE NEWSWIRE) -- American Superconductor Corporation (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm an...

5 months ago - GlobeNewsWire

AMSC Reports Third Quarter Fiscal Year 2023 Financial Results and Provides Business Outlook

Q3 Financial Highlights: Revenues Increased Over 60% Year Over Year to $39 Million Reported 25% Gross Margin and Achieved Non-GAAP Net Income  Generated $1.3 Million of Operating Cash Flow Company to ...

5 months ago - GlobeNewsWire

AMSC to Report Third Quarter Fiscal Year 2023 Financial Results on January 24, 2024

AYER, Mass., Jan. 22, 2024 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid...

5 months ago - GlobeNewsWire

AMSC Receives Wind Turbine Electrical Control System Order from Inox Wind

Second Order for 3 MW Class Electrical Control Systems from Inox Wind to Serve Growing Onshore Wind Market in India Second Order for 3 MW Class Electrical Control Systems from Inox Wind to Serve Growi...

6 months ago - GlobeNewsWire

AMSC to Report Second Quarter Fiscal Year 2023 Financial Results on November 1, 2023

AYER, Mass., Oct. 25, 2023 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid...

8 months ago - GlobeNewsWire

AMSC Reports First Quarter Fiscal Year 2023 Financial Results and Provides Business Outlook

AYER, Mass., Aug. 09, 2023 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™...

11 months ago - GlobeNewsWire

American Superconductor's stock continues pullback, down 20% premarket

American Superconductor Corp.'s stock AMSC, -28.95% continued its pullback Thursday, falling 20.2% in premarket trades. Shares of American Superconductor ended Wednesday's session down 29%, snapping a...

11 months ago - Market Watch

American Superconductor stock pulls back 28%, set to snap 5-day winning streak

American Superconductor Corp.'s stock AMSC, -29.29% pulled back 28.2% Wednesday, and is on pace to snap a five-day winning streak. The shares ended Tuesday's session up 60% at $16.13, their highest cl...

11 months ago - Market Watch

American Superconductor stock skyrockets, on pace for highest close since 2021

American Superconductor Corp.'s stock rocketed 46.3% Tuesday, putting it on pace for its highest close in 22 months.

1 year ago - Market Watch

American Semiconductor stock skyrockets 67.4%

Shares of American Semiconductor Corp. AMSC, +2.44% skyrocketed 67.4% in premarket trades Tuesday, exhibiting meme-like activity. The stock surged on trading volume of 4.7 million shares, but no appar...

1 year ago - Market Watch

AMSC to Report First Quarter Fiscal Year 2023 Financial Results on August 9, 2023

AYER, Mass., July 31, 2023 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid...

1 year ago - GlobeNewsWire

AMSC Announces $34 Million of New Energy Power System Orders

Renewables and Industrials Markets Drive Demand; New Military Market Opportunity Renewables and Industrials Markets Drive Demand; New Military Market Opportunity

1 year ago - GlobeNewsWire

AMSC Reports Fourth Quarter and Full Fiscal Year 2022 Financial Results and Provides Business Outlook

AYER, Mass., May 31, 2023 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™,...

1 year ago - GlobeNewsWire

AMSC Agrees to Deliver nearly $20 Million in Wind Turbine Electrical Control Systems to Inox Wind

AMSC Receives $5 Million 3 MW ECS Order and has Agreed to Provide nearly $15 Million in 2 MW ECS to Support Inox Wind's Share of Surging Wind Market in India AMSC Receives $5 Million 3 MW ECS Order an...

1 year ago - GlobeNewsWire

AMSC to Report Fourth Quarter and Full Fiscal Year 2022 Financial Results on May 31, 2023

AYER, Mass., May 25, 2023 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™...

1 year ago - GlobeNewsWire

AMSC Announces $30 Million of New Energy Power System Orders

AYER, Mass., May 09, 2023 (GLOBE NEWSWIRE) -- AMSC® (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™...

1 year ago - GlobeNewsWire

AMSC Awarded Contract for U.S. Navy Deployable Mine Countermeasure System

AMSC's Proprietary High-Temperature Superconductor system to be designed, built, integrated and deployed on the U.S. Navy's Mine Countermeasure-Unmanned Service Vehicle AMSC's Proprietary High-Tempera...

1 year ago - GlobeNewsWire