Aspen Aerogels Inc

Aspen Aerogels Inc Stock Forecast & Price Prediction

Live Aspen Aerogels Inc Stock (ASPN) Price
$14.80

11

Ratings

  • Buy 11
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$14.80

P/E Ratio

740.00

Volume Traded Today

$1.1M

Dividend

Dividends not available for ASPN

52 Week High/low

33.15/10.36

Aspen Aerogels Inc Market Cap

$1.21B

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ASPN Summary

From what 11 stock analysts predict, the share price for Aspen Aerogels Inc (ASPN) might increase by 102.7% in the next year. This is based on a 12-month average estimation for ASPN. Price targets go from $25 to $35. The majority of stock analysts believe ASPN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ASPN Analyst Ratings

About 11 Wall Street analysts have assigned ASPN 11 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Aspen Aerogels Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on ASPN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

ASPN stock forecast by analyst

These are the latest 20 analyst ratings of ASPN.

Analyst/Firm

Rating

Price Target

Change

Date

David Anderson
Barclays

Overweight

$25

Maintains

Nov 12, 2024
Chip Moore
Roth MKM

Buy

$31

Maintains

Nov 8, 2024
Alexander Potter
Piper Sandler

Overweight

$33

Maintains

Oct 22, 2024
Amit Dayal
HC Wainwright & Co.

Buy

$30

Reiterates

Oct 16, 2024
Chip Moore
Roth MKM

Buy

$36

Reiterates

Aug 21, 2024
Jeffrey Osborne
TD Cowen

Buy

$41

Maintains

Aug 20, 2024
Amit Dayal
HC Wainwright & Co.

Buy

$30

Maintains

Aug 9, 2024
Subash Chandra
Benchmark

Buy

$14

Reiterates

Aug 8, 2024

Barclays

Overweight

$27

Initiates

Aug 6, 2024
Eric Stine
Craig-Hallum

Buy

$38

Maintains

Jun 14, 2024
Tom Curran
Seaport Global

Buy

$38

Maintains

Jun 13, 2024
Chip Moore
Roth MKM

Buy

$36

Reiterates

Jun 12, 2024
Jeffrey Osborne
TD Cowen

Buy

$36

Maintains

Jun 5, 2024
Alexander Potter
Piper Sandler

Overweight

$36

Maintains

May 29, 2024
Alexander Potter
Piper Sandler

Overweight

$30

Maintains

May 14, 2024
George Gianarikas
Canaccord Genuity

Buy

$28

Maintains

May 3, 2024
Amit Dayal
HC Wainwright & Co.

Buy

$25

Maintains

May 3, 2024
Alexander Potter
Piper Sandler

Overweight

$29

Maintains

May 3, 2024
Christopher Souther
B. Riley Securities

Buy

$30

Maintains

May 3, 2024
Chip Moore
Roth MKM

Buy

$28

Reiterates

May 3, 2024

ASPN Company Information

What They Do: Manufactures aerogel insulation products.

Business Model: Aspen Aerogels generates revenue by designing, developing, and selling advanced aerogel insulation products targeting the energy infrastructure and sustainable insulation markets. The company operates in two segments, Energy Industrial and Thermal Barrier, offering specialized products for various applications, including electric vehicles, power generation, and cryogenic systems.

Other Information: Founded in 2001 and headquartered in Northborough, Massachusetts, Aspen Aerogels serves a global market, including the United States, Canada, Europe, Asia, and Latin America. Its innovative products help reduce energy costs and improve safety across multiple industries.
ASPN
Aspen Aerogels Inc (ASPN)

When did it IPO

2014

Staff Count

548

Country

United States

Sector/Industry

Industrials/Building Products & Equipment

CEO

Mr. Donald R. Young

Market Cap

$1.21B

Aspen Aerogels Inc (ASPN) Financial Data

In 2023, ASPN generated $238.7M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ASPN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$238.7M

0.00 %
From Previous Year
  • Revenue TTM $413.8M
  • Operating Margin TTM 14.8%
  • Gross profit TTM $56.9M
  • Return on assets TTM 4.3%
  • Return on equity TTM 0.3%
  • Profit Margin 0.4%
  • Book Value Per Share 6.58%
  • Market capitalisation $1.21B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $238.7M
  • EPS this year (TTM) $0.02

Aspen Aerogels Inc (ASPN) Latest News

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - The materials sector has identified oversold stocks, indicating potential investment opportunities in undervalued companies.

Why It Matters - Oversold stocks in the materials sector indicate potential for price recovery, offering investors a chance to capitalize on undervalued assets for future gains.

News Image

Sun, 17 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Aspen Aerogels, now a significant EV player, reported Q3 sales up 93% YoY but shares fell nearly 50% due to equity issues and EV demand concerns, despite DOE funding and growth.

Why It Matters - Aspen Aerogels' shift to the EV sector indicates growth potential, but the share drop reflects investor concerns over dilution, EV demand, and capacity challenges, impacting future valuations.

News Image

Tue, 12 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Aspen Aerogels, Inc. (NYSE: ASPN) will participate in several investor conferences in Q4 2024, including events hosted by Craig-Hallum, Bernstein, Barclays, and Janney.

Why It Matters - Aspen's participation in major investor conferences highlights its commitment to transparency and growth, potentially attracting interest and investment in its sustainability and electrification solutions.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Aspen Aerogels, Inc. (NYSE: ASPN) will hold its Q3 2024 earnings conference call on November 7, 2024, at 8:30 AM ET. Key participants include CEO Donald R. Young.

Why It Matters - The earnings call will provide insights into Aspen Aerogels' performance, strategic direction, and financial health, influencing investor sentiment and stock valuation.

News Image

Wed, 06 Nov 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Aspen Aerogels reported Q3 2024 revenue of $117.3 million, with a gross margin of 42% and adjusted EBITDA margin of 22%. They raised 2024 outlook to $450 million revenue and $90 million adjusted EBITDA.

Why It Matters - Aspen Aerogels' strong revenue growth, high gross margins, and improved financial outlook signal robust performance, making it an attractive option for investors seeking growth in sustainability sectors.

News Image

Wed, 06 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Aspen Aerogels (ASPN) reported Q3 earnings of $0.11 per share, surpassing estimates of a $0.10 loss, and improving from a loss of $0.19 per share a year prior.

Why It Matters - Aspen Aerogels' earnings beat expectations and show improvement year-over-year, indicating potential growth and financial stability, which could attract investor interest.

...

ASPN Frequently asked questions

The highest forecasted price for ASPN is $35 from at .

The lowest forecasted price for ASPN is $25 from Amit Dayal from HC Wainwright & Co.

The ASPN analyst ratings consensus are 11 buy ratings, 0 hold ratings, and 0 sell ratings.