# American Superconductor Corporation (AMSC)

> Source: Nexqual · https://nexqual.com/AMSC · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, American Superconductor Corporation (AMSC), nexqual.com/AMSC" · informational, not investment advice.

**Price:** USD 28.05 (-0.50% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 28.19 · day 27.72–29.21 · 52w 24.08–62.63 · market cap $1.36B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $321M, net income $137M (42.6% margin), free cash flow $20.5M (SEC filings).
- Valuation: P/E 9.9x (avg 62.3x at the last 2 fiscal year-ends).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (4 analysts), mean target USD 61.75 (range 54–71).
- Total return with dividends: 1Y -52.2% vs S&P 500 +14.8%; 5Y +52.6% vs S&P 500 +79.1%.
- Next earnings: 2026-11-04, EPS estimate USD 0.2, revenue estimate $87.7M. All companies reporting that day: https://nexqual.com/earnings/2026-11-04
- Dividend: AMSC paid no cash dividend in the last five years.
- Short interest: 8.75% of float (as of 2026-10-15), 5.2 days to cover.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $108M | $106M | $146M | $223M | $299M | $321M |
| Gross profit | $13.5M | $8.5M | $35.3M | $61.9M | $91.4M | — |
| Operating income | -$21.1M | -$33.0M | -$11.4M | -$1.1M | $11.4M | $15.6M |
| Net income | -$19.2M | -$35.0M | -$11.1M | $6.0M | $134M | $137M |
| EPS (diluted) | -$0.71 | -$1.26 | -$0.37 | $0.16 | $3.05 | — |
| Free cash flow | -$19.9M | -$23.7M | $1.2M | $25.9M | $18.3M | $20.5M |
| Gross margin | 12.4% | 8.0% | 24.2% | 27.8% | 30.5% | — |
| Operating margin | -19.4% | -31.1% | -7.8% | -0.5% | 3.8% | 4.9% |
| Net margin | -17.7% | -33.1% | -7.6% | 2.7% | 44.7% | 42.6% |
| Revenue growth | +24.5% | -2.3% | +37.4% | +53.0% | +34.3% | — |
| Cash + short-term investments | $40.6M | — | — | $79.5M | $141M | — |
| Total debt | $162K | $90K | $25K | $0K | — | — |
Fiscal years end Mar. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 9.9x · P/S 4.2x · P/FCF 66.2x · P/B 2.4x · FCF yield 1.51% · Earnings yield 10.05%
P/E at fiscal year-ends: Mar 2026 11.1x, Mar 2025 113.4x.

## Analysts
Consensus Buy (mean 2.00 on a 1–5 scale), 4 analysts; mean target USD 61.75 (low 54, high 71).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-10 | Roth Capital | Target lowered | Buy | $58 → $55 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-30) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -52.2% | +52.6% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | -52.4% | +8.8% |
| Volatility (annualized) | 85.1% | 76.0% |
| Max drawdown | -58.8% (Nov 2025→Oct 2026) | -81.5% (Oct 2021→Dec 2022) |

## Dividends
AMSC paid no cash dividend in the last five years.

## Short interest
4,087,038 shares sold short, 8.75% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 3,929,693 shares (+4.0%). Days to cover: 5.2 (short shares ÷ average daily volume).

## Peers (Specialty Industrial Machinery)
GGG (Graco Inc.) USD 68.75 +2.37% · WTS (Watts Water Technologies, Inc.) USD 350.89 +2.34% · CR (Crane Company) USD 205.81 +3.72% · GNRC (Generac Holdlings Inc.) USD 203.36 +1.00% · INIO (INNIO N.V.) USD 17.52 -4.52% · IEX (IDEX Corporation) USD 239.33 +0.33%

## More
Full page: https://nexqual.com/AMSC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $0.20 | $0.24 | -17.3% | $87.7M | 4 |
| Next quarter (ends 2026-12-31) | $0.24 | $0.26 | -7.7% | $90.6M | 4 |
| Current fiscal year (ends 2027-03-31) | $0.88 | $1.06 | -16.5% | $367.8M | 4 |
| Next fiscal year (ends 2028-03-31) | $1.35 | $1.38 | -2.0% | $423.6M | 4 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | $0.16 | $0.21 | Miss −23.8% | — |
| — | Quarter ended Mar 31, 2026 | $0.30 | $0.19 | Beat +57.9% | — |
| — | Quarter ended Dec 31, 2025 | $2.75 | $0.15 | Beat +1733.3% | — |
| — | Quarter ended Sep 30, 2025 | $0.20 | $0.15 | Beat +33.3% | — |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).