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American Superconductor (AMSC) Stock Surges Over 22% After Hours — Here's Why - American Superconductor (NASDAQ:AMSC)
Benzinga· 2026-02-05 07:23
Core Insights - American Superconductor Corp. (AMSC) experienced a significant surge of 22.65% in after-hours trading, reaching a price of $33.86 after closing the regular session at $27.61, which was a decline of 7.97% [1] Financial Performance - AMSC reported third-quarter fiscal 2025 revenue of $74.5 million, marking a 21% increase from $61.4 million in the same quarter of fiscal 2024, driven by organic growth and the acquisition of Brazilian transformer manufacturer Comtrafo [2] - The company posted a net income of $117.8 million, or $2.68 per share, up from $2.5 million, or $0.07 per share, in the same period of fiscal 2024. Non-GAAP net income totaled $123.5 million, or $2.81 per share, compared to $6 million, or $0.16 per share, a year earlier [3][4] - A significant tax benefit of $113.1 million from the release of a valuation allowance on a deferred tax asset contributed to the improved net income figures [4] Cash Position and Future Outlook - As of December 31, 2025, AMSC's cash, cash equivalents, and restricted cash totaled $147.1 million, an increase from $85.4 million at March 31, 2025 [4] - The company anticipates fourth-quarter revenue to exceed $80 million, with non-GAAP net income projected to surpass $8 million, or $0.17 per share [4] Trading Metrics - AMSC has a market capitalization of $1.25 billion, with a 52-week trading range between $13.98 and $70.49. The stock has gained 8.19% over the past 12 months and is currently positioned at approximately 24.1% of its 52-week range, indicating it is near the lower end [5] - The Relative Strength Index (RSI) of AMSC stands at 33.78, suggesting potential short-term upward movement alongside medium- and long-term consolidation [5][6]