ASPN stock icon

Aspen Aerogels

14.34 USD
+0.52
3.76%
At close Dec 4, 4:00 PM EST
Pre-market
14.37
+0.03
0.21%
1 day
3.76%
5 days
-1.10%
1 month
-21.42%
3 months
-46.49%
6 months
-50.57%
Year to date
-6.46%
1 year
31.92%
5 years
87.21%
10 years
104.86%
 

About: Aspen Aerogels Inc is an aerogel technology company that designs, develops, and manufactures high-performance aerogel insulation used in the energy industrial and sustainable insulation markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in two operating segment Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. It generates the majority of its revenue from the Energy Industrial segment and the United States market. Some of its products include Pyrogel XTE; Cryogel Z; Spaceloft Subsea; and others.

Employees: 548

0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

322% more call options, than puts

Call options by funds: $99.7M | Put options by funds: $23.6M

44% more first-time investments, than exits

New positions opened: 65 | Existing positions closed: 45

13% more capital invested

Capital invested by funds: $1.7B [Q2] → $1.92B (+$225M) [Q3]

12% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 66

9% more funds holding

Funds holding: 220 [Q2] → 240 (+20) [Q3]

2.35% less ownership

Funds ownership: 93.35% [Q2] → 91.0% (-2.35%) [Q3]

11% less funds holding in top 10

Funds holding in top 10: 9 [Q2] → 8 (-1) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$25
74%
upside
Avg. target
$30
107%
upside
High target
$33
130%
upside

4 analyst ratings

positive
100%
neutral
0%
negative
0%
Barclays
David Anderson
58% 1-year accuracy
19 / 33 met price target
74%upside
$25
Overweight
Maintained
12 Nov 2024
Roth MKM
Chip Moore
44% 1-year accuracy
8 / 18 met price target
116%upside
$31
Buy
Maintained
8 Nov 2024
Piper Sandler
Alexander Potter
68% 1-year accuracy
13 / 19 met price target
130%upside
$33
Overweight
Maintained
22 Oct 2024
HC Wainwright & Co.
Amit Dayal
54% 1-year accuracy
43 / 80 met price target
109%upside
$30
Buy
Reiterated
16 Oct 2024

Financial journalist opinion

Based on 7 articles about ASPN published over the past 30 days

Neutral
Seeking Alpha
3 days ago
Aspen Aerogels: Thermal Barriers Could Sustain Further Growth Despite A Chilly Market
I find Aspen's 93% YoY revenue growth in Q3 2024 quite impressive, driven entirely by organic demand for PyroThin thermal barriers, with revenue guidance raised significantly this year. Gross margins climbed to 42% in the past quarter, while adj. EBITDA is projected to reach $90M in FY2024. Management's debt refinancing decision reduces dilution risks in the long term, a move I highly favor, despite the recent public offering.
Aspen Aerogels: Thermal Barriers Could Sustain Further Growth Despite A Chilly Market
Positive
Benzinga
1 week ago
Top 3 Materials Stocks That Could Blast Off In November
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Top 3 Materials Stocks That Could Blast Off In November
Positive
Seeking Alpha
2 weeks ago
Aspen Aerogels: Despite Recent Pressure, This Is Intriguing
Aspen Aerogels has transformed from an industrial insulation supplier to a key EV sector player, showing significant revenue growth and operating leverage. Despite impressive results and DOE funding news, shares fell due to a low-priced equity issue, concerns over EV demand, and uncertainty about a new factory. Shares dropped nearly 50% in a month, with third quarter sales up 93% YoY, driven by thermal barrier revenues, while facing capacity constraints.
Aspen Aerogels: Despite Recent Pressure, This Is Intriguing
Neutral
PRNewsWire
3 weeks ago
Aspen Aerogels, Inc. to Present at the Barclays 15th Annual Global Automotive and Mobility Tech Conference
Aspen will also participate in upcoming conferences hosted by Craig-Hallum, Bernstein, and Janney NORTHBOROUGH, Mass. , Nov. 12, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the following investor events in the fourth quarter of 2024: (i) Craig-Hallum 15th Annual Alpha Select Conference, (ii) Bernstein 3rd Annual Industrials Forum, (iii) Barclays 15th Annual Global Automotive and Mobility Tech Conference and (iv) Janney 2nd Annual Clean Energy Investment Symposium.
Aspen Aerogels, Inc. to Present at the Barclays 15th Annual Global Automotive and Mobility Tech Conference
Neutral
Seeking Alpha
3 weeks ago
Aspen Aerogels, Inc. (ASPN) Q3 2024 Earnings Call Transcript
Aspen Aerogels, Inc. (NYSE:ASPN ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Neal Baranosky – Senior Director of Corporate of Strategy & Finance Donald R. Young – President and CEO Ricardo C.
Aspen Aerogels, Inc. (ASPN) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
4 weeks ago
Aspen Aerogels (ASPN) Q3 Earnings and Revenues Beat Estimates
Aspen Aerogels (ASPN) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of a loss of $0.10 per share. This compares to loss of $0.19 per share a year ago.
Aspen Aerogels (ASPN) Q3 Earnings and Revenues Beat Estimates
Neutral
PRNewsWire
4 weeks ago
Aspen Aerogels, Inc. Reports Third Quarter 2024 Financial Results and Recent Business Highlights
$117.3 million in quarterly revenue, led by $90.6 million of Thermal Barrier revenue Continued cost discipline delivered 42% company gross margins and 22% Adjusted EBITDA margins Increased 2024 Financial Outlook to $450 million of revenue, $9 million of net income, and $90 million of Adjusted EBITDA Various financing activities completed to fully-fund growth strategy NORTHBOROUGH, Mass. , Nov. 6, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the third quarter of 2024, and discussed recent business developments.
Aspen Aerogels, Inc. Reports Third Quarter 2024 Financial Results and Recent Business Highlights
Negative
Zacks Investment Research
1 month ago
Aspen Aerogels (ASPN) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Aspen Aerogels (ASPN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Aspen Aerogels (ASPN) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Positive
Seeking Alpha
1 month ago
Aspen Aerogels: Interesting Times
Aspen Aerogels has transformed from an insulation supplier to a key player in the EV sector, showing strong revenue growth and operating leverage. Despite impressive quarterly results and preliminary DOE funding for a new plant, concerns about EV demand remain. The company raised $85 million through a share issuance, despite holding over $100 million in cash, raising questions about future funding needs.
Aspen Aerogels: Interesting Times
Neutral
PRNewsWire
1 month ago
ASPEN AEROGELS, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF 4,250,000 SHARES OF COMMON STOCK
NORTHBOROUGH, Mass. , Oct. 21, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the pricing of an underwritten public offering of 4,250,000 shares of its common stock at a public offering price of $20.00 per share.
ASPEN AEROGELS, INC. ANNOUNCES PRICING OF PUBLIC OFFERING OF 4,250,000 SHARES OF COMMON STOCK
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