AMSC
American Superconductor Corporation
AMSC's fundamentals are strong: revenue grew 31% and earnings per share more than tripled. At 8.3x earnings, it's trading less than half its usual 51x. Analysts expect that strong growth to continue.
AMSC Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Stable | |
| Healthy |
AMSC's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
AMSC PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 8.3x | $25.04 | — |
| Cheap | 9.8x | $29.65 | +18% |
| Forward | 24x | $25.04 | — |
| Fair | 51x | $154 | +514% |
| Expensive | 147x | $445 | +1676% |
Historical ranges are pointers, not guarantees.
AMSC's PE is in its cheap range at 8.3x. On analysts' estimates for next year's earnings, today's price would be 24x, in its fair range.
AMSC Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for AMSC, with profitability improving.
AMSC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.04 | -66% |
| Q3 2026 | $3.03 | +697% |
| Q2 2026 | $3.08 | +670% |
| Q1 2026 | $3.05 | +1806% |
| Q4 2025 | $2.94 | +$3.19 |
| Q3 2025 | $0.38 | +$0.75 |
| Q2 2025 | $0.40 | +$0.99 |
| Q1 2025 | $0.16 | +$0.87 |
| Q4 2024 | -$0.25 | +$0.34 |
AMSC's earnings per share have climbed steadily: $3.03 over the past year, about eight times what it earned the year before, and higher year over year for 14 quarters in a row.
AMSC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $94M | +43% |
| Q2 2026 | $94.1M | +30% |
| Q1 2026 | $86.4M | +30% |
| Q4 2025 | $74.5M | +21% |
| Q3 2025 | $65.9M | +21% |
| Q2 2025 | $72.4M | +80% |
| Q1 2025 | $66.7M | +59% |
| Q4 2024 | $61.4M | +56% |
AMSC's revenue has grown year over year for 14 quarters in a row: $94M last quarter, up 43% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.7% | +1.2 points |
| Q2 2026 | 10% | +2.6 points |
| Q1 2026 | -0.6% | -3.1 points |
| Q4 2025 | 4.5% | +2.4 points |
| Q3 2025 | 4.5% | +5.9 points |
| Q2 2025 | 7.8% | +16 points |
| Q1 2025 | 2.5% | +7.8 points |
| Q4 2024 | 2.1% | +5.8 points |
AMSC's operating margin was 5.7% last quarter, up 1.2 points from the same quarter a year ago.
AMSC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $5.6M | +68% |
| Q1 2026 | $7.5M | +43% |
| Q4 2025 | $2.4M | -56% |
| Q1 2025 | $5.3M | +171% |
| Q4 2024 | $5.4M | +411% |
| Q1 2024 | $1.9M | +$7.6M |
| Q4 2023 | $1M | +$7M |
| Q3 2023 | $681K | +$6.5M |
AMSC generated $21M in free cash flow over the past year, up 30% from the year before.
AMSC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -91K shares |
| 1 year | +25% | +9.3M shares |
| 3 years | +69% | +19.2M shares |
| 5 years | +85% | +21.6M shares |
| Available history | +122% | +25.8M shares |
AMSC has 47M diluted shares, up 25% from a year ago.
| Quarter | Spent |
|---|---|
| Q1 2026 | — |
| Q4 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
AMSC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -6.2x | Net Cash |
| Q2 2026 | -6.2x | Net Cash |
| Q1 2026 | -8.1x | Net Cash |
| Q4 2025 | -6.8x | Net Cash |
| Q3 2025 | -12.1x | Net Cash |
| Q2 2025 | -15.2x | Net Cash |
| Q1 2025 | -17.7x | Net Cash |
AMSC has more cash than debt.
AMSC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.9 | Neutral |
| Stochastic | 21.3 | Neutral |
AMSC's weekly RSI is 38 (neutral) and its Stochastic is 21 (neutral).
AMSC PE vs Industrials Sector
| Metric | AMSC | Sector median | Relative |
|---|---|---|---|
| PE | 8.3x | 24x | 66% below |
| PE % | 2 | 58 | 56 pts below |
AMSC is trading at 8.3x earnings, a 66% discount to the Industrials sector's median of 24x.
AMSC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $27.1 | 7.6% below |
| 20 week MA | $29.8 | 16% below |
| 50 week MA | $34.4 | 27% below |
| 100 week MA | $35.0 | 28% below |
| 200 week MA | $24.2 | 3.7% above |
AMSC has fallen below most of its moving averages, though it's still 3.7% above its 200-week average.
AMSC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $8.02 | $25.2 | +214% |
| 2021 | $25.2 | $11.7 | -54% |
| 2022 | $11.7 | $3.40 | -71% |
| 2023 | $3.40 | $11.1 | +228% |
| 2024 | $11.1 | $25.1 | +125% |
| 2025 | $25.1 | $30.6 | +22% |
| 2026 YTD | $30.6 | $25.0 | -18% |
AMSC's yearly returns have swung widely, from +228% in 2023 to −71% in 2022. It's down 18% so far in 2026.