Amsc stock hits 52-week high at 38.12 USD

July 02, 2025 07:16 AM PDT | By EODHD

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Amsc stock hits 52-week high at 38.12 USD — Image source: Kalkine Media

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American Superconductor Corporation (NASDAQ:AMSC) stock reached a significant milestone, hitting a 52-week high of $38.12. This marks a notable achievement for the company, reflecting investor confidence and positive market sentiment. According to InvestingPro data, AMSC maintains a "GREAT" overall financial health score, with strong momentum demonstrated by its impressive 41% gain over the past six months. Over the past year, AMSC has experienced a substantial increase in its stock value, with a 1-year change of 43.04%. This upward trajectory highlights the company’s strong performance and potential for continued growth in the competitive energy technology sector.

The recent high underscores the market’s optimistic outlook on AMSC’s future prospects, supported by a robust 53% revenue growth and analysts’ expectations of continued profitability. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 16 additional exclusive insights available to subscribers, including detailed valuation metrics and growth projections. In other recent news, American Superconductor Corporation (AMSC) reported its fourth-quarter fiscal year 2024 earnings, surpassing analyst expectations with an EPS of $0.12 compared to the forecasted $0.08. However, the company’s revenue fell short of projections, registering $55.59 million against the anticipated $59.17 million. Despite the revenue miss, total revenue for Q4 FY2024 increased by 59% year-over-year to $66.7 million, with the Grid Business contributing significantly.

Additionally, AMSC announced a public offering of 4,125,000 shares of common stock at $28.00 per share, expecting to generate gross proceeds of $115.5 million. The company plans to use the net proceeds for working capital, general corporate purposes, and potential strategic acquisitions. Oppenheimer & Co. Inc. is serving as the sole book-running manager for this offering.

These developments reflect a period of strategic financial maneuvers for AMSC, as it aims to strengthen its position in the market. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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