American Superconductor (NASDAQ:AMSC) Shares Down 8.6% – Time to Sell?

Shares of American Superconductor Corporation (NASDAQ:AMSC) traded down 8.6% during mid-day trading on Wednesday. The company traded as low as $26.53 and last traded at $26.2440. Approximately 305,564 shares changed hands during trading, a decline of 70% from the average daily volume of 1,016,190 shares. The stock had previously closed at $28.71.

Analysts Set New Price Targets

Several research firms have recently issued reports on AMSC. Freedom Capital raised shares of American Superconductor to a “strong-buy” rating in a research report on Tuesday, July 21st. Weiss Ratings raised shares of American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Wall Street Zen raised American Superconductor from a “sell” rating to a “hold” rating in a research note on Sunday, August 30th. Finally, Roth Capital reiterated a “buy” rating and set a $55.00 price target (down from $58.00) on shares of American Superconductor in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $55.00.

American Superconductor Trading Down 10.5%

The company has a market cap of $1.24 billion, a PE ratio of 8.50 and a beta of 3.32. The company’s 50 day moving average is $30.11 and its 200 day moving average is $37.37.

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 the consensus estimate of $0.20 by ($0.04). American Superconductor had a return on equity of 27.41% and a net margin of 42.56%. The firm had revenue of $94.07 million for the quarter, compared to the consensus estimate of $87.12 million. During the same quarter last year, the firm earned $0.30 EPS. The company’s revenue was up 30.0% compared to the same quarter last year. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. Analysts expect that American Superconductor Corporation will post 0.37 EPS for the current year.

Institutional Investors Weigh In On American Superconductor

Institutional investors and hedge funds have recently modified their holdings of the company. The Manufacturers Life Insurance Company raised its holdings in American Superconductor by 2.0% in the first quarter. The Manufacturers Life Insurance Company now owns 20,828 shares of the technology company’s stock worth $705,000 after purchasing an additional 404 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in 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 worth $45,000 after purchasing an additional 492 shares in the last quarter. ROI Financial Advisors LLC increased its stake 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 in the last quarter. Nykredit A S purchased a new position in shares of American Superconductor during the 2nd quarter valued at approximately $46,000. Finally, Campbell Newman Asset Management Inc. grew its position in shares of American Superconductor by 1.9% in the first quarter. Campbell Newman Asset Management Inc. now owns 64,337 shares of the technology company’s stock valued at $2,178,000 after purchasing an additional 1,189 shares during the period. Hedge funds and other institutional investors own 52.28% of the company’s stock.

American Superconductor Company Profile

American Superconductor Corporation (NASDAQ:AMSC) develops technologies that help electric utilities, industrial companies, renewable-energy developers and other customers improve the reliability, efficiency and resilience of electrical power systems. The company combines power electronics, controls, energy management software and superconducting technologies in solutions for the electric grid and other demanding applications.

AMSC’s grid-related offerings are designed to support power quality, voltage regulation, renewable-energy integration and protection against disruptions.