Company Overview - AMSC is enabling customers to power their factories in ways that scale without adding complexity or size[5] - The company's power control solutions position it for growth[7] Market Opportunities and Growth Drivers - U S semiconductor production is expected to reduce reliance on global supply chains, driving growing order sizes of voltage sag mitigation systems[5] - The U S is projected to have the fastest-growing semiconductor manufacturing base, with approximately 200% capacity growth expected by 2032, double the global average[10] - The U S is expected to capture 28% of global semiconductor capex from 2024-2032, second to Taiwan's 31%[12] - The company secured a record $75 million order from the Royal Canadian Navy and has five U S Navy contracts for ship protection systems[5] Financial Performance and Acquisitions - Acquisitions since 2020 have driven financial growth, with over $100 million in acquisitions doubling market capitalization, increasing gross margin by nearly 50%, and quadrupling annual revenue[16] - The company's revenue grew from $9 million in FY 2022 to $34 million in FY 2024, driven by +3 MW wind turbines[19] - AMSC anticipates revenue between $64 million and $68 million for Q1 FY25[28] - The company projects non-GAAP net income of over $4 million for the quarter ending June 30, 2025[29, 30]

Core Viewpoint - American Superconductor (AMSC) shares have increased by 24.3% in the past four weeks, closing at $29.23, with a mean price target of $39 indicating a potential upside of 33.4% [1] Price Targets and Analyst Estimates - The mean estimate consists of three short-term price targets with a standard deviation of $1, where the lowest estimate of $38 suggests a 30% increase, and the highest estimate of $40 indicates a 36.9% increase from the current price [2] - A low standard deviation signifies strong agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [7] Earnings Estimates and Analyst Sentiment - Analysts have shown increasing optimism about AMSC's earnings prospects, as evidenced by a positive trend in earnings estimate revisions, which correlates with potential stock price movements [9] - The Zacks Consensus Estimate for the current year has risen by 2.5% over the past month, with two estimates increasing and no negative revisions [10] Zacks Rank and Investment Potential - AMSC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential upside [11]

Group 1 - American Superconductor (AMSC) has outperformed its peers in the Computer and Technology sector with a year-to-date return of approximately 18.7%, compared to the sector average of 2.5% [4] - AMSC currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 2.5% over the past quarter [3] - The company is part of the Electronics - Miscellaneous Components industry, which ranks 94 in the Zacks Industry Rank, and has seen an average gain of 6.7% this year, further highlighting AMSC's strong performance [5] Group 2 - Amphenol (APH) is another notable stock in the Computer and Technology sector, achieving a return of 36.2% since the beginning of the year, and currently holds a Zacks Rank of 1 (Strong Buy) [4][5] - The Electronics - Connectors industry, to which Amphenol belongs, has experienced a significant increase of 35.9% this year, indicating robust performance within that segment [6]

Core Viewpoint - American Superconductor Corporation (AMSC) has announced a public offering of 4,125,000 shares of its common stock priced at $28.00 per share, expecting gross proceeds of $115.5 million before expenses [1]. Group 1: Offering Details - The offering consists of 4,125,000 shares priced at $28.00 each, with expected gross proceeds of $115,500,000 [1]. - AMSC plans to use the net proceeds for working capital and general corporate purposes, including potential strategic acquisitions [1]. - The underwriters have a 30-day option to purchase up to 618,750 additional shares at the public offering price [1]. Group 2: Management and Regulatory Information - Oppenheimer & Co. Inc. is the sole book-running manager, with Craig-Hallum Capital Group LLC as lead manager and Roth Capital Partners as co-manager for the offering [2]. - A shelf registration statement for the shares has been filed with the SEC and is effective, with a preliminary prospectus supplement and accompanying prospectus also filed [3].

Core Viewpoint - The company, American Superconductor, has filed with the U.S. Securities and Exchange Commission to issue common stock, although the size of the offering has not been disclosed [1] Group 1 - The filing indicates a potential move to raise capital through the issuance of common stock [1] - The lack of disclosed size suggests uncertainty regarding the scale of the offering [1]

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the strategy of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with American Superconductor (AMSC) currently holding a Momentum Style Score of A [2][3] Group 2: AMSC Performance Metrics - AMSC shares have increased by 5.25% over the past week, while the Zacks Electronics - Miscellaneous Components industry has decreased by 2.65% during the same period [5] - Over the past quarter, AMSC shares have risen by 41.21%, and by 71.88% over the last year, significantly outperforming the S&P 500, which has moved 1.35% and 13.07% respectively [6] - AMSC's average 20-day trading volume is 661,938 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook - In the past two months, two earnings estimates for AMSC have increased, while none have decreased, raising the consensus estimate from $0.61 to $0.62 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating a positive earnings outlook [9] Group 4: Conclusion - AMSC is rated as a 2 (Buy) stock with a Momentum Score of A, making it a strong candidate for investors seeking short-term gains [11]

Group 1 - American Superconductor (AMSC) shares have increased by 35.4% in the past four weeks, closing at $27.38, with a mean price target of $39 indicating a potential upside of 42.4% [1] - The average price targets from analysts range from a low of $38 to a high of $40, with a standard deviation of $1, suggesting a strong agreement among analysts regarding the stock's potential movement [2] - Analysts are optimistic about AMSC's earnings prospects, as indicated by positive revisions in earnings estimates, which historically correlate with stock price movements [4][9] Group 2 - The Zacks Consensus Estimate for AMSC has increased by 2.5% due to two upward revisions in earnings estimates over the last 30 days, with no negative revisions [10] - AMSC holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [11] - While price targets may not be entirely reliable, the direction they imply can serve as a useful guide for investors [11]

Group 1 - Analog Devices (ADI) is outperforming its sector with a year-to-date return of 2.1%, while the average return for Computer and Technology companies is -1.3% [4] - The Zacks Rank for Analog Devices is 2 (Buy), indicating a positive earnings outlook with a 2.8% increase in the consensus estimate for full-year earnings over the past quarter [3] - Analog Devices belongs to the Semiconductor - Analog and Mixed industry, which has an average loss of 2.7% year-to-date, further highlighting ADI's strong performance within its specific industry [5] Group 2 - American Superconductor (AMSC) has a year-to-date return of 11.2%, outperforming the Computer and Technology sector [4] - The consensus estimate for AMSC's current year EPS has increased by 2.5% over the past three months, and it also holds a Zacks Rank of 2 (Buy) [5] - The Electronics - Miscellaneous Components industry, to which AMSC belongs, has moved up by 1.1% year-to-date, ranking 81 among 26 stocks [6]

American Superconductor (AMSC) Q4 2025 Earnings Call May 22, 2025 10:00 AM ET Company Participants Nicol Golez - Director - CommunicationsDaniel McGahn - Chairman, President & CEOJohn Kosiba - CFO, Senior VP & TreasurerColin Rusch - Managing Director - Head of Sustainable Growth & Resource Optimization Research Conference Call Participants Eric Stine - Senior Research AnalystJustin Clare - MD & Research Analyst Operator Good morning, and welcome to the AMSC Fourth Quarter Fiscal twenty twenty four Financial ...

Financial Data and Key Metrics Changes - AMSC reported a record revenue of $66.7 million for Q4 2024, a 59% increase from $42 million in the same quarter last year [10][11] - For the full fiscal year 2024, total revenue reached $222.8 million, up 53% from $145.6 million in fiscal year 2023 [11][12] - The company achieved GAAP profitability for the third consecutive quarter and non-GAAP profitability for the seventh consecutive quarter [6][14] - Gross margin for Q4 2024 was 27%, compared to 25% in the year-ago quarter, while full-year gross margin improved to 28% from 24% [12][13] Business Line Data and Key Metrics Changes - Grid business revenue for Q4 2024 was $55.6 million, a 62% increase year-over-year, representing 84% of total revenue [10][11] - Wind business revenue for Q4 2024 was $11.1 million, a 42% increase from the previous year, accounting for 16% of total revenue [11][12] - For the full fiscal year, grid business revenue increased by 53% to $187.2 million, while wind business revenue rose by 51% to $35.6 million [11][12] Market Data and Key Metrics Changes - Approximately 70% of AMSC's revenue came from the U.S. market, providing a hedge against changing trade policies [7][33] - The company secured nearly $320 million in new orders for fiscal year 2024, with a backlog of over $200 million at year-end, up from $140 million a year ago [8][31] Company Strategy and Development Direction - AMSC is focusing on expanding its product portfolio and enhancing its presence in the military and industrial sectors [9][25] - The company aims to capitalize on the growing demand for reliable power solutions, particularly in semiconductor fabs and traditional energy projects [22][24] - AMSC is positioning itself to support the energy transition and the reshoring of domestic manufacturing in the U.S. [33][98] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to continue building a resilient and profitable business, with expectations for strong revenue levels in Q1 2025 [20][21] - The company anticipates significant growth opportunities driven by the semiconductor sector and traditional energy markets [22][89] - Management highlighted the importance of adapting to evolving customer demands and enhancing product offerings to meet market needs [33][99] Other Important Information - AMSC ended fiscal year 2024 with over $85 million in cash, cash equivalents, and restricted cash, which is critical for supporting larger orders and future growth opportunities [15][31] - The company has expanded its offerings with military-grade solutions and secured a significant contract with the Royal Canadian Navy [9][29] Q&A Session Summary Question: Can you provide an order breakdown for the grid segment in Q4? - Management indicated that the grid segment is expected to represent about 25% of the business, with strong demand driven by semiconductors and traditional power generation [40][42] Question: What are the expectations for wind business in fiscal 2025? - Management noted that wind business has shown significant growth, with a strong partnership with Inox driving demand for their ECS systems [46][50] Question: How effective are the cross-selling efforts now that platforms are integrated? - Management stated that they are no longer cross-selling but are selling a complete portfolio to meet customer demands [60][61] Question: What visibility do you have into the semiconductor pipeline? - Management reported a large pipeline with potential triple-digit growth driven by both domestic and international markets [74][75] Question: Have tariffs affected the cadence of orders? - Management indicated that tariffs have not negatively impacted orders and may have even helped by driving investment in domestic manufacturing [78][79] Question: How are the systems delivered to the US Navy performing? - Management confirmed that the systems are performing well and have been well-received by the US Navy, with plans to scale offerings to other allies [82][84]