Wall Street Bullish on ​American Superconductor Corporation (AMSC) Since FQ3 2026 Results

​American Superconductor Corporation (NASDAQ:AMSC) is one of the Overlooked Small Cap Stocks to Buy Now. Wall Street has been bullish on American Superconductor Corporation (NASDAQ:AMSC) since the release of its fiscal Q3 2026 earnings on February 4.

​Recently, on February 6, Christian Schwab from Craig-Hallum reiterated a Buy rating on the stock with a $49 price target. On the same day, Colin Rusch from Oppenheimer also reiterated a Buy rating on the stock with a $68 price target.

​During the quarter, American Superconductor Corporation (NASDAQ:AMSC) grew its revenue by 21.38% year-over-year to $74.53 million and surpassed expectations by $5.5 million. Moreover, the EPS of $2.75 also topped the consensus by $2.60. Management noted that the revenue was driven by organic growth and the acquisition of Comtrafo, which contributed to the results in the final weeks of the quarter.

​Notably, the non-GAAP net income came in at $117.8 million, which includes $113.1 million tax benefit. Looking ahead, management expects to surpass $80 million in fiscal Q4 2026, along with a net income of $3.0 million.

​American Superconductor Corporation (NASDAQ:AMSC) based in the US, provides megawatt-scale power resiliency solutions through its Gridtec, Marinetec, and Windtec offerings.

While we acknowledge the potential of AMSC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMSC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.