Equities Analysts Offer Predictions for AMSC FY2027 Earnings

American Superconductor Co. (NASDAQ:AMSC) – Equities researchers at Roth Capital issued their FY2027 earnings per share (EPS) estimates for shares of American Superconductor in a research note issued on Tuesday, January 28th. Roth Capital analyst J. Clare forecasts that the technology company will post earnings per share of $0.69 for the year. The consensus estimate for American Superconductor’s current full-year earnings is $0.37 per share.

Separately, Oppenheimer lifted their price objective on American Superconductor from $29.00 to $33.00 and gave the stock an “outperform” rating in a research note on Tuesday.

American Superconductor Trading Up 0.6 %

Shares of AMSC stock opened at $26.19 on Wednesday. The stock’s 50-day moving average price is $28.61 and its 200-day moving average price is $25.58. American Superconductor has a 12-month low of $10.19 and a 12-month high of $38.02. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of -523.70 and a beta of 2.28.

Institutional Trading of American Superconductor

A number of large investors have recently made changes to their positions in the business. Amalgamated Bank bought a new position in shares of American Superconductor during the 2nd quarter valued at approximately $28,000. Hsbc Holdings PLC bought a new position in American Superconductor during the second quarter valued at $313,000. Sei Investments Co. purchased a new stake in shares of American Superconductor in the second quarter valued at $562,000. The Manufacturers Life Insurance Company purchased a new stake in shares of American Superconductor in the second quarter valued at $307,000. Finally, Point72 Asset Management L.P. lifted its holdings in shares of American Superconductor by 453.8% in the 2nd quarter. Point72 Asset Management L.P. now owns 20,490 shares of the technology company’s stock worth $479,000 after acquiring an additional 16,790 shares during the last quarter. 52.28% of the stock is currently owned by institutional investors.

American Superconductor Company Profile

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.