Core Viewpoint - AMSC plans to release its first quarter fiscal year 2025 financial results on July 30, 2025, followed by a conference call on July 31, 2025, to discuss recent accomplishments, financial results, and business outlook [1]. Company Overview - AMSC is a leading provider of megawatt-scale power resiliency solutions, focusing on optimizing power grid performance and enhancing the capabilities of naval fleets [1][3]. - The company offers various solutions, including Gridtec™ for grid reliability, Marinetec™ for naval protection systems, and Windtec™ for wind energy efficiency [3]. - Founded in 1987, AMSC is headquartered near Boston, Massachusetts, with operations across Asia, Australia, Europe, and North America [3]. Conference Call Details - Investors can access the live conference call on July 31, 2025, by dialing 1-844-481-2802 or 1-412-317-0675, starting 15 minutes before the scheduled time [2]. - A replay of the call will be available two hours after the event by dialing 1-877-344-7529 with the conference passcode 4291224 [2]. Contact Information - AMSC's Director of Communications is Nicol Golez, reachable at 978-399-8344 or Nicol.Golez@amsc.com [5]. - Investor relations can be contacted through Carolyn Capaccio, CFA, at 212-838-3777 or amscIR@allianceadvisors.com [5].

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]

Financial Data and Key Metrics Changes - AMSC reported a record revenue of $66.7 million for Q4 FY2024, a 59% increase from $42 million in the same quarter last year [11] - For the full fiscal year 2024, total revenue reached $222.8 million, up 53% from $145.6 million in FY2023 [12] - The company achieved GAAP profitability for the third consecutive quarter and non-GAAP profitability for the seventh consecutive quarter [6][7] - Gross margin for Q4 FY2024 was 27%, compared to 25% in the previous year, while the full year gross margin improved to 28% from 24% [13] Business Line Data and Key Metrics Changes - Grid business revenue for Q4 FY2024 was $55.6 million, a 62% increase year-over-year, while wind business revenue was $11.1 million, up 42% [11] - For the full fiscal year, grid business revenue was $187.2 million, representing 84% of total revenue, and increased by 53% [12] - Wind business revenue for FY2024 was $35.6 million, accounting for 16% of total revenue, with a 51% year-over-year increase [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 [8] - The company secured nearly $320 million in new orders for FY2024, with a backlog of over $200 million at year-end, up from $140 million a year ago [9] Company Strategy and Development Direction - AMSC is focusing on expanding its product portfolio and capitalizing on opportunities in military and industrial sectors [10] - The company aims to enhance its position in the defense market, highlighted by a significant contract with the Royal Canadian Navy [10][30] - AMSC is also targeting growth in the semiconductor sector, with expectations of triple-digit growth potential [74] 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 strong demand across various sectors [21][34] - The company anticipates continued growth driven by semiconductor demand, traditional energy, and utility projects [88][92] - Management noted that the evolving energy landscape and increasing demand for reliable power solutions present significant opportunities [23][26] Other Important Information - AMSC ended FY2024 with over $85 million in cash, cash equivalents, and restricted cash, which is critical for supporting larger orders and future growth [17] - The company generated $28.3 million in operating cash flow for the full fiscal year [17] 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][41] Question: What are the expectations for wind business in FY2025? - Management noted that wind business has seen significant growth, particularly with Inox, and they are focused on being responsive to their needs [48][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 the entire portfolio as a cohesive solution to meet customer demands [61] Question: What visibility do you have into the semiconductor pipeline? - Management highlighted a large pipeline with triple-digit growth potential, driven by both domestic and international markets [74] Question: Have tariffs affected order cadence? - Management indicated that tariffs have not negatively impacted orders; rather, they see it as an opportunity for growth [78] Question: How are the delivered systems performing for the US Navy? - Management confirmed that the systems are performing well and have been well-received, with plans to scale offerings to other allied navies [82]