American Superconductor (AMSC) Soars 24.6% on Power Demand

American Superconductor Corp. (NASDAQ:AMSC) is one of the 10 Stocks With Double-, Triple-Digit Returns.

Shares of American Superconductor rallied by 24.57 percent week-on-week, as investors loaded portfolios in stocks seen to benefit from the surging power demand.

With the continued growth of artificial intelligence, the need for a reliable and stable energy service has become more crucial for data center and semiconductor industries, sparking rosy prospects for American Superconductor Corp. (NASDAQ:AMSC) and its counterparts in the power solutions sector.

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American Superconductor Corp. (NASDAQ:AMSC) is a leading power solutions provider for energy, industrial, and military sectors. It designs and manufactures high-temperature superconductor wires, power electronics, and software-based control systems to enhance grid efficiency.

For the fourth quarter of fiscal year 2025 ending March, American Superconductor Corp. (NASDAQ:AMSC) is targeting to more than double its net income to over $3 million from $1.2 million posted in the same period last year.

Revenues are projected to jump by 20 percent to $80 million from $66.7 million year-on-year.

Based on its historical reporting dates, the company is expected to release official results in the last week of May 2026.

Last quarter, ending December 2025, American Superconductor Corp. (NASDAQ:AMSC) saw its revenues increase by 21 percent to $74.5 million from $61.4 million. Net profit soared by 4,612 percent to $117.8 million from $2.5 million, thanks to a one-off tax benefit of $113.1 million from the valuation allowance on a deferred tax asset.

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