AMSC Chart
About

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. It 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. The company provides transmission planning services, which identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; D-VAR systems used for controlling power flow and voltage in the AC transmission system; actiVAR system, a fast-switching medium-voltage reactive compensation solution; armorVAR system installed for reactive compensation, power factor correction, loss reduction, utility bill savings, and mitigation of common power quality concerns related to power converter-based generation and load devices; and D-VAR volt var optimization (VVO) that serves the distribution power grid market. This segment also offers ship protection systems, which reduce a naval ship's magnetic signature; and Onboard power delivery systems, power generation systems, and propulsion systems; and transformers and rectifiers systems. The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. The company also supplies power electronics and software-based control systems, engineered designs, and support services; and provides customer support services to wind turbine manufacturers. This segment's design portfolio comprises a range of drivetrains and power ratings of 2 megawatts and higher. American Superconductor Corporation was incorporated in 1987 and is headquartered in Ayer, Massachusetts.

Fundamentals
Scroll to Statements
Sector Industrials Industry Specialty Industrial Mac Market Cap 1.61B
Enterprise Value 1.48B Income 130.49M Sales 279.40M
Book/sh 11.28 Cash/sh 2.96 Dividend Yield —
Payout 0.00% Employees 569 IPO —
P/E 11.09 Forward P/E 31.90 PEG —
P/S 5.74 P/B 2.99 P/C —
EV/EBITDA 65.69 EV/Sales 5.28 Quick Ratio 1.67
Current Ratio 2.67 Debt/Eq 2.12 LT Debt/Eq —
EPS (ttm) 3.04 EPS next Y 1.06 EPS Growth 42.67%
Revenue Growth 21.40% Earnings 2026-02-04 ROA 2.03%
ROE 35.77% ROIC — Gross Margin 30.87%
Oper. Margin 6.23% Profit Margin 46.70% Shs Outstand 47.61M
Shs Float 45.49M Short Float 5.33% Short Ratio 3.00
Short Interest — 52W High 70.49 52W Low 13.98
Beta 3.00 Avg Volume 1.04M Volume 820.34K
Target Price $52.33 Recom None Prev Close $32.51
Price $33.71 Change 3.69%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$52.33
Mean price target
2. Current target
$33.71
Latest analyst target
3. DCF / Fair value
$-3.36
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$33.71
Low
$40.00
High
$68.00
Mean
$52.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-02 reit Clear Street Buy → Buy $52
2025-12-12 main Clear Street Buy → Buy $52
2025-11-19 up Clear Street Hold → Buy $50
2025-02-07 main Oppenheimer Outperform → Outperform $39
2025-01-28 main Oppenheimer Outperform → Outperform $33
2024-09-30 reit Roth MKM Buy → Buy $29
2024-09-10 reit Craig-Hallum Buy → Buy $33
2024-08-08 main Roth MKM Buy → Buy $29
2024-06-13 main Roth MKM Buy → Buy $27
2024-05-31 main Oppenheimer Outperform → Outperform $23
2024-05-31 main Craig-Hallum Buy → Buy $23
2024-05-31 main Roth MKM Buy → Buy $20
2024-01-26 main Roth MKM Buy → Buy $15
2023-08-14 main Roth MKM Buy → Buy $10
2023-06-02 main Craig-Hallum — → Buy $9
2023-06-02 reit EF Hutton Buy → Buy $12
2023-06-02 reit Oppenheimer Outperform → Outperform $13
2023-02-03 main Oppenheimer — → Outperform $13
2022-11-03 main EF Hutton — → Buy $12
2022-08-08 main Oppenheimer — → Outperform $27
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 9703 494082 — Sale at price 50.92 per share. HOUSE ARTHUR H Director — 2025-08-08 00:00:00 D
1 9703 65980 — Conversion of Exercise of derivative security at price 6.80 per share. HOUSE ARTHUR H Director — 2025-08-06 00:00:00 D
2 100848 5495526 — Sale at price 54.26 - 55.11 per share. MCGAHN DANIEL P Chief Executive Officer — 2025-08-04 00:00:00 D
3 59843 3273380 — Sale at price 54.34 - 55.26 per share. KOSIBA JOHN W. JR. Chief Financial Officer — 2025-08-04 00:00:00 D/I
4 12815 366242 — Sale at price 28.56 - 29.09 per share. MCGAHN DANIEL P Chief Executive Officer — 2025-06-11 00:00:00 D
5 6642 189778 — Sale at price 28.55 - 29.08 per share. KOSIBA JOHN W. JR. Chief Financial Officer — 2025-06-11 00:00:00 D
6 7689 244670 — Sale at price 31.82 per share. MCGAHN DANIEL P Chief Executive Officer — 2025-06-06 00:00:00 D
7 4744 151012 — Sale at price 31.83 per share. KOSIBA JOHN W. JR. Chief Financial Officer — 2025-06-06 00:00:00 D
8 122655 3236835 — Sale at price 25.55 - 26.60 per share. MCGAHN DANIEL P Chief Executive Officer — 2025-05-27 00:00:00 D
9 50000 1319757 — Sale at price 25.55 - 26.61 per share. KOSIBA JOHN W. JR. Chief Financial Officer — 2025-05-27 00:00:00 D
Financials
Line Item2025-03-312024-03-312023-03-312022-03-31
TaxEffectOfUnusualItems-1.40M-1.03M-30.39K526.50K
TaxRateForCalcs0.210.210.010.09
NormalizedEBITDA18.82M3.26M-23.49M-27.45M
TotalUnusualItems-6.68M-4.91M-3.04M5.85M
TotalUnusualItemsExcludingGoodwill-6.68M-4.91M-3.04M5.85M
NetIncomeFromContinuingOperationNetMinorityInterest6.03M-11.11M-35.04M-19.19M
ReconciledDepreciation6.54M4.82M5.36M5.34M
ReconciledCostOfRevenue156.16M107.69M94.85M92.07M
EBITDA12.14M-1.65M-26.53M-21.60M
EBIT5.61M-6.46M-31.89M-26.94M
NetInterestIncome3.71M1.30M252.00K75.00K
InterestIncome3.71M1.30M252.00K75.00K
NormalizedIncome11.31M-7.23M-32.03M-24.52M
NetIncomeFromContinuingAndDiscontinuedOperation6.03M-11.11M-35.04M-19.19M
TotalExpenses217.21M152.10M137.88M135.37M
TotalOperatingIncomeAsReported-1.08M-11.37M-33.01M-21.09M
DilutedAverageShares37.72M29.82M27.85M27.20M
BasicAverageShares36.99M29.82M27.85M27.20M
DilutedEPS0.16-0.37-1.26-0.71
BasicEPS0.16-0.37-1.26-0.71
DilutedNIAvailtoComStockholders6.03M-11.11M-35.04M-19.19M
AverageDilutionEarnings0.00
NetIncomeCommonStockholders6.03M-11.11M-35.04M-19.19M
NetIncome6.03M-11.11M-35.04M-19.19M
NetIncomeIncludingNoncontrollingInterests6.03M-11.11M-35.04M-19.19M
NetIncomeContinuousOperations6.03M-11.11M-35.04M-19.19M
TaxProvision-3.67M309.00K215.00K-1.85M
PretaxIncome2.37M-10.80M-34.83M-21.04M
OtherIncomeExpense-6.95M-5.64M-3.19M5.82M
OtherNonOperatingIncomeExpenses-265.00K-736.00K-148.00K-28.00K
SpecialIncomeCharges-6.68M-4.91M-3.04M5.85M
GainOnSaleOfBusiness0.00-1.92M0.00
RestructuringAndMergernAcquisition6.68M4.91M1.12M-5.85M
NetNonOperatingInterestIncomeExpense3.71M1.30M252.00K75.00K
InterestIncomeNonOperating3.71M1.30M252.00K75.00K
OperatingIncome5.61M-6.46M-31.89M-26.94M
OperatingExpense56.25M41.74M40.41M40.43M
DepreciationAmortizationDepletionIncomeStatement1.73M2.15M2.75M2.47M
DepreciationAndAmortizationInIncomeStatement1.73M2.15M2.75M2.47M
Amortization1.73M2.15M2.75M2.47M
AmortizationOfIntangiblesIncomeStatement1.73M2.15M2.75M2.47M
ResearchAndDevelopment11.43M7.99M8.97M10.47M
SellingGeneralAndAdministration43.09M31.60M28.70M27.49M
GrossProfit61.85M35.28M8.52M13.49M
CostOfRevenue160.96M110.36M97.46M94.94M
TotalRevenue222.82M145.64M105.98M108.44M
OperatingRevenue222.82M145.64M105.98M108.44M
Line Item2025-03-312024-03-312023-03-312022-03-31
TreasurySharesNumber403.35K397.63K397.63K397.63K
OrdinarySharesNumber39.48M36.95M29.54M28.52M
ShareIssued39.89M37.34M29.94M28.92M
TotalDebt3.37M2.71M3.08M3.80M
TangibleBookValue143.03M94.73M29.80M54.61M
InvestedCapital197.11M144.60M81.89M109.55M
WorkingCapital106.75M87.66M22.07M40.37M
NetTangibleAssets143.03M94.73M29.80M54.61M
CapitalLeaseObligations3.37M2.68M2.99M3.64M
CommonStockEquity197.11M144.57M81.80M109.39M
TotalCapitalization197.11M144.57M81.81M109.48M
TotalEquityGrossMinorityInterest197.11M144.57M81.80M109.39M
StockholdersEquity197.11M144.57M81.80M109.39M
GainsLossesNotAffectingRetainedEarnings1.56M1.58M1.57M-291.00K
OtherEquityAdjustments1.56M1.58M1.57M-291.00K
TreasuryStock3.77M3.64M3.64M3.64M
RetainedEarnings-1.06B-1.07B-1.06B-1.02B
AdditionalPaidInCapital1.26B1.21B1.14B1.13B
CapitalStock399.00K373.00K299.00K289.00K
CommonStock399.00K373.00K299.00K289.00K
TotalLiabilitiesNetMinorityInterest113.41M88.20M93.76M64.50M
TotalNonCurrentLiabilitiesNetMinorityInterest13.64M9.39M9.66M10.53M
OtherNonCurrentLiabilities28.00K27.00K26.00K25.00K
NonCurrentDeferredLiabilities10.93M7.40M7.43M7.52M
NonCurrentDeferredRevenue9.34M7.10M7.19M7.22M
NonCurrentDeferredTaxesLiabilities1.59M300.00K243.00K297.00K
LongTermDebtAndCapitalLeaseObligation2.68M1.97M2.20M2.99M
LongTermCapitalLeaseObligation2.68M1.97M2.18M2.90M
LongTermDebt15.00K90.00K
CurrentLiabilities99.76M78.81M84.11M53.96M
OtherCurrentLiabilities3.10M1.27M1.20M7.05M
CurrentDeferredLiabilities68.06M53.00M49.23M25.83M
CurrentDeferredRevenue66.80M50.73M43.57M22.81M
CurrentDebtAndCapitalLeaseObligation685.00K741.00K883.00K812.00K
CurrentCapitalLeaseObligation685.00K716.00K808.00K740.00K
CurrentDebt25.00K75.00K72.00K
OtherCurrentBorrowings25.00K75.00K72.00K
PensionandOtherPostRetirementBenefitPlansCurrent13.42M10.33M5.43M4.64M
PayablesAndAccruedExpenses17.60M11.64M27.30M21.48M
CurrentAccruedExpenses10.56M6.82M12.96M7.88M
Payables7.04M4.82M14.34M13.60M
OtherPayable2.27M5.65M3.02M1.03M
TotalTaxPayable305.00K346.00K409.00K405.00K
IncomeTaxPayable305.00K346.00K409.00K405.00K
AccountsPayable6.73M4.48M13.94M13.19M
TotalAssets310.52M232.77M175.56M173.89M
TotalNonCurrentAssets104.00M66.30M69.39M79.55M
OtherNonCurrentAssets5.23M1.93M1.11M6.39M
NonCurrentDeferredAssets1.18M1.12M1.11M1.22M
NonCurrentDeferredTaxesAssets1.18M1.12M1.11M1.22M
InvestmentsAndAdvances1.11M0.000.00
InvestmentinFinancialAssets0.00
LongTermEquityInvestment1.11M0.00
GoodwillAndOtherIntangibleAssets54.08M49.84M52.00M54.78M
OtherIntangibleAssets5.92M6.37M8.53M11.31M
Goodwill48.16M43.47M43.47M43.47M
NetPPE42.40M13.42M15.17M17.16M
AccumulatedDepreciation-50.39M-48.37M-46.34M-44.86M
GrossPPE92.79M61.79M61.51M62.01M
Leases7.97M6.99M6.82M6.63M
ConstructionInProgress1.37M226.00K748.00K573.00K
OtherProperties3.83M2.56M2.86M3.51M
MachineryFurnitureEquipment49.45M45.62M44.69M45.05M
BuildingsAndImprovements7.53M5.42M5.42M5.27M
LandAndImprovements22.65M980.00K980.00K980.00K
Properties0.000.000.000.00
CurrentAssets206.52M166.47M106.17M94.34M
OtherCurrentAssets8.05M7.29M13.43M7.05M
RestrictedCash1.61M468.00K1.73M2.75M
PrepaidAssets7.05M3.55M
Inventory71.17M41.86M36.99M23.67M
OtherInventories5.76M2.52M2.14M858.00K
FinishedGoods9.89M3.84M3.00M1.33M
WorkInProcess19.63M14.87M15.20M10.46M
RawMaterials35.89M20.62M16.65M11.02M
Receivables46.19M26.32M30.66M20.28M
OtherReceivables6.38M6.15M9.96M6.49M
AccountsReceivable39.81M20.18M20.71M13.79M
CashCashEquivalentsAndShortTermInvestments79.49M90.52M23.36M40.58M
OtherShortTermInvestments0.005.14M
CashAndCashEquivalents79.49M90.52M23.36M40.58M
Line Item2025-03-312024-03-312023-03-312022-03-31
FreeCashFlow25.87M1.20M-23.72M-19.91M
RepurchaseOfCapitalStock-126.00K0.000.00-46.00K
RepaymentOfDebt-25.00K-65.00K-73.00K-53.00K
IssuanceOfCapitalStock0.0065.23M0.000.00
CapitalExpenditure-2.42M-934.00K-1.24M-938.00K
IncomeTaxPaidSupplementalData312.00K286.00K350.00K531.00K
EndCashPosition85.38M92.28M25.68M49.49M
BeginningCashPosition92.28M25.68M49.49M75.54M
EffectOfExchangeRateChanges14.00K-13.00K29.00K-55.00K
ChangesInCash-6.91M66.62M-23.84M-26.00M
FinancingCashFlow8.00K65.44M162.00K142.00K
CashFlowFromContinuingFinancingActivities8.00K65.44M162.00K142.00K
NetOtherFinancingCharges-148.00K-927.00K
ProceedsFromStockOptionExercised307.00K279.00K235.00K241.00K
NetCommonStockIssuance-126.00K65.23M0.00-46.00K
CommonStockPayments-126.00K0.000.00-46.00K
CommonStockIssuance0.0065.23M0.000.00
NetIssuancePaymentsOfDebt-25.00K-65.00K-73.00K-53.00K
NetLongTermDebtIssuance-25.00K-65.00K-73.00K-53.00K
LongTermDebtPayments-25.00K-65.00K-73.00K-53.00K
InvestingCashFlow-35.21M-961.00K-1.52M-7.16M
CashFlowFromContinuingInvestingActivities-35.21M-961.00K-1.52M-7.16M
NetOtherInvestingChanges64.00K-27.00K-281.00K65.00K
NetInvestmentPurchaseAndSale0.005.19M30.15M
SaleOfInvestment0.005.19M30.15M
PurchaseOfInvestment0.00
NetBusinessPurchaseAndSale-32.85M0.000.00-11.48M
PurchaseOfBusiness-32.85M0.00
NetIntangiblesPurchaseAndSale0.00
PurchaseOfIntangibles0.00
NetPPEPurchaseAndSale-2.42M-934.00K-1.24M-938.00K
SaleOfPPE0.00
PurchaseOfPPE-2.42M-934.00K-1.24M-938.00K
OperatingCashFlow28.29M2.14M-22.48M-18.98M
CashFlowFromContinuingOperatingActivities28.29M2.14M-22.48M-18.98M
ChangeInWorkingCapital4.51M-3.22M-1.39M-3.73M
ChangeInOtherWorkingCapital13.24M6.79M20.86M-933.00K
ChangeInOtherCurrentLiabilities-1.56M-327.00K
ChangeInPayablesAndAccruedExpense3.21M-13.50M8.66M4.70M
ChangeInPayable3.21M-13.50M8.66M
ChangeInAccountPayable3.21M-13.50M8.66M
ChangeInPrepaidAssets543.00K5.99M-5.76M-420.00K
ChangeInInventory-7.71M-6.84M-14.80M-3.31M
ChangeInReceivables-3.21M4.34M-10.36M-3.76M
ChangesInAccountReceivables-3.21M4.34M-10.36M-3.76M
OtherNonCashItems6.09M4.97M670.00K-5.37M
StockBasedCompensation7.79M4.65M4.73M4.66M
ProvisionandWriteOffofAssets1.53M1.97M1.47M1.90M
DeferredTax-4.30M65.00K24.00K-2.40M
DeferredIncomeTax-4.30M65.00K24.00K-2.40M
DepreciationAmortizationDepletion6.54M4.82M5.36M5.34M
DepreciationAndAmortization6.54M4.82M5.36M5.34M
Depreciation6.54M4.82M
OperatingGainsLosses91.00K-2.00K1.70M-186.00K
EarningsLossesFromEquityInvestments132.00K0.00
NetForeignCurrencyExchangeGainLoss-41.00K-2.00K-226.00K-186.00K
GainLossOnSaleOfBusiness0.001.92M0.00
NetIncomeFromContinuingOperations6.03M-11.11M-35.04M-19.19M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for AMSC
Date User Asset Broker Type Position Size Entry Price Patterns