AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does AMERICAN SUPERCONDUCTOR CORP /DE/ Do?
American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates in two segments, Grid and Wind. 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; and engineering planning services. It 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; resilient electric grid systems, which provide protection against the adverse effects that follow the loss of critical substation facilities in urban areas; 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 in board power delivery systems, power generation systems, and propulsion systems. The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. It supplies power electronics and software-based control systems, and provides customer support services to wind turbine manufacturers. This segment's design portfolio comprises a range of drivetrains and power ratings of 2 MW and higher. American Superconductor Corporation was incorporated in 1987 and is headquartered in Ayer, Massachusetts. AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) is classified as a small-cap stock in the Industrials sector, specifically within the Electrical Equipment industry. The company is led by CEO Daniel P. McGahn and employs approximately 330 people, headquartered in Devens, Massachusetts. With a market capitalization of $1.6B, AMSC is one of the notable companies in the Industrials sector.
AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) Stock Rating — Reduce (April 2026)
As of April 2026, AMERICAN SUPERCONDUCTOR CORP /DE/ receives a Reduce rating with a composite score of 34.6/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.AMSC ranks #2,238 out of 4,446 stocks in our coverage universe. Within the Industrials sector, AMERICAN SUPERCONDUCTOR CORP /DE/ ranks #362 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
AMSC Stock Price and 52-Week Range
AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) currently trades at $37.93. The stock gained $1.78 (4.9%) in the most recent trading session. The 52-week high for AMSC is $70.49, which means the stock is currently trading -46.2% from its annual peak. The 52-week low is $13.98, putting the stock 171.3% above its annual trough. Recent trading volume was 1.2M shares, reflecting moderate market activity.
Is AMSC Overvalued or Undervalued? — Valuation Analysis
AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) carries a value factor score of 45/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 11.40x, compared to the Industrials sector average of 28.33x — a discount of 60%. The price-to-book ratio stands at 2.80x, versus the sector average of 2.23x. The price-to-sales ratio is 5.48x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, AMSC trades at 78.27x EV/EBITDA, versus 5.70x for the sector.
Overall, AMSC's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
AMERICAN SUPERCONDUCTOR CORP /DE/ Profitability — ROE, Margins, and Quality Score
AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) earns a quality factor score of 30/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 24.5%, compared to the Industrials sector average of 8.9%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 18.3% versus the sector average of 3.3%.
On a margin basis, AMERICAN SUPERCONDUCTOR CORP /DE/ reports gross margins of 30.5%, compared to 35.8% for the sector. The operating margin is 4.7% (sector: 6.2%). Net profit margin stands at 44.6%, versus 3.9% for the average Industrials stock. Revenue growth is running at 36.8% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
AMSC Debt, Balance Sheet, and Financial Health
AMERICAN SUPERCONDUCTOR CORP /DE/ has a debt-to-equity ratio of 34.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 2.66x, indicating strong short-term liquidity. Total debt on the balance sheet is $3M. Cash and equivalents stand at $213M.
AMSC has a beta of 2.25, meaning it is more volatile than the broader market — a $10,000 investment in AMSC would be expected to move 125.0% more than the S&P 500 on any given day. The stability factor score for AMERICAN SUPERCONDUCTOR CORP /DE/ is 24/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
AMERICAN SUPERCONDUCTOR CORP /DE/ Revenue and Earnings History — Quarterly Trend
In TTM 2026, AMERICAN SUPERCONDUCTOR CORP /DE/ reported revenue of $274M and earnings per share (EPS) of $2.68. Net income for the quarter was $132M. Gross margin was 30.5%. Operating income came in at $13M.
In Q3 2026, AMERICAN SUPERCONDUCTOR CORP /DE/ reported revenue of $75M and earnings per share (EPS) of $2.68. Net income for the quarter was $118M. Gross margin was 30.7%. Revenue grew 21.4% year-over-year compared to Q3 2025. Operating income came in at $3M.
In Q2 2026, AMERICAN SUPERCONDUCTOR CORP /DE/ reported revenue of $66M and earnings per share (EPS) of $0.11. Net income for the quarter was $5M. Gross margin was 31.0%. Revenue grew 20.9% year-over-year compared to Q2 2025. Operating income came in at $3M.
In Q1 2026, AMERICAN SUPERCONDUCTOR CORP /DE/ reported revenue of $72M and earnings per share (EPS) of $0.17. Net income for the quarter was $7M. Gross margin was 33.8%. Revenue grew 79.6% year-over-year compared to Q1 2025. Operating income came in at $6M.
Over the past 8 quarters, AMERICAN SUPERCONDUCTOR CORP /DE/ has demonstrated a growth trajectory, with revenue expanding from $40M to $274M. Investors analyzing AMSC stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
AMSC Dividend Yield and Income Analysis
AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) does not currently pay a dividend. This is common among smaller companies in the Electrical Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
AMSC Momentum and Technical Analysis Profile
AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) has a momentum factor score of 49/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 23/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 23/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
AMSC vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) ranks #362 out of 752 stocks based on the Blank Capital composite score. This places AMSC in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing AMSC against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full AMSC vs S&P 500 (SPY) comparison to assess how AMERICAN SUPERCONDUCTOR CORP /DE/ stacks up against the broader market across all factor dimensions.
AMSC Next Earnings Date
No upcoming earnings date has been announced for AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy AMSC? — Investment Thesis Summary
The quantitative profile for AMERICAN SUPERCONDUCTOR CORP /DE/ suggests caution. The quality score of 30/100 flags below-average profitability. High volatility (stability score 24/100) increases portfolio risk.
In summary, AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC) earns a Reduce rating with a composite score of 34.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on AMSC stock.
Related Resources for AMSC Investors
Explore more research and tools: AMSC vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare AMSC head-to-head with peers: AMSC vs SOBO, AMSC vs TEN, AMSC vs GLDD.