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American Superconductor Announces Public Offering Agreement

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American Superconductor Announces Public Offering Agreement

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American Superconductor ( (AMSC) ) has shared an announcement.

On June 10, 2025, American Superconductor Corporation announced an underwriting agreement with Oppenheimer & Co. Inc. for the public offering of 4,125,000 shares of its common stock at $28.00 per share, aiming to raise approximately $108.2 million after expenses. The proceeds are intended for working capital, general corporate purposes, and potential strategic acquisitions, with the offering expected to close around June 12, 2025, pending customary conditions.

The most recent analyst rating on (AMSC) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on American Superconductor stock, see the AMSC Stock Forecast page.

Spark’s Take on AMSC Stock

According to Spark, TipRanks’ AI Analyst, AMSC is a Neutral.

American Superconductor’s stock score is driven by strong financial performance, particularly in revenue and cash flow growth, and positive sentiment from the recent earnings call. However, high valuation metrics and bearish technical indicators offset these positives. Key risks include operational efficiency challenges and dependency on Inox Wind for payments.

To see Spark’s full report on AMSC stock, click here.

More about American Superconductor

American Superconductor Corporation operates in the energy technology sector, focusing on providing solutions for power grid systems and wind power applications. The company is known for its innovative superconducting wire and power electronics products, catering primarily to utilities and renewable energy industries.

Average Trading Volume: 708,702

Technical Sentiment Signal: Buy

Current Market Cap: $1.36B

For a thorough assessment of AMSC stock, go to TipRanks’ Stock Analysis page.

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