American Superconductor Corp (AMSC)

American Superconductor reported an 80.9% year-over-year revenue surge to $72.3 million, driven by semiconductor market strength and AI data center growth, though management's next quarter guidance suggests potential moderation.

The power supply equipment market for water electrolysis is experiencing robust growth due to rising green hydrogen demand. Advancements in PEM technology and incentives for renewable energy have spurred interest and investment in this nascent market. Key players are focusing on strategic partnerships to expand their reach.

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are KNOP, AMSC, HHS, ATGE, GPRK.

Providing a diverse range of perspectives from bullish to bearish, 4 analysts have published ratings on American Superconductor (NASDAQ:AMSC) in the last three months. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 0 0 0 Last 30D 1 0 0 0 0 1M Ago 2 1 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $23.25, a high estimate of $27.00, and a low estimate of $20.00. This current average has increased by 38.81% from the previous average price target of $16.75. Breaking Down Analyst Ratings: A Detailed Examination The analysis of recent analyst actions sheds light on the perception of American Superconductor by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Justin Clare Roth MKM Raises Buy $27.00 $20.00 Colin Rusch Oppenheimer Raises Outperform $23.00 $16.00 Eric Stine Craig-Hallum Raises Buy $23.00 $16.00 Justin Clare Roth MKM Raises Buy $20.00 $15.00 Key Insights: Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to American Superconductor. This information provides a snapshot of how analysts ...Full story available on Benzinga.com

American Superconductor stock soared 60% after the hype around a potentially revolutionary compound called LK-99. Learn more about AMSC stock here.