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.

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