Aspen Aerogels, Inc. (ASPN)
Market Cap | 1.15B |
Revenue (ttm) | 413.83M |
Net Income (ttm) | 1.49M |
Shares Out | 82.05M |
EPS (ttm) | 0.02 |
PE Ratio | 767.75 |
Forward PE | 29.71 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,491,975 |
Open | 13.99 |
Previous Close | 14.10 |
Day's Range | 13.47 - 14.18 |
52-Week Range | 10.31 - 33.15 |
Beta | 2.21 |
Analysts | Strong Buy |
Price Target | 30.80 (+120.32%) |
Earnings Date | Nov 6, 2024 |
About ASPN
Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy storage industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating system... [Read more]
Financial Performance
In 2023, Aspen Aerogels's revenue was $238.72 million, an increase of 32.35% compared to the previous year's $180.36 million. Losses were -$45.81 million, -44.63% less than in 2022.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for ASPN stock is "Strong Buy." The 12-month stock price forecast is $30.8, which is an increase of 120.32% from the latest price.
News
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 n...
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 ...
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 ...
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 Financ...
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 ...
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 t...
ASPEN AEROGELS, INC. ANNOUNCES 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 t...
Aspen Aerogels, Inc. Receives Conditional Commitment for Proposed DOE Loan and Provides Q3 2024 Preliminary Financial Results
Proposed loan of up to $670.6 million would fund the remaining CAPEX needed to complete Company's second aerogel plant Interest rate at applicable U.S. Treasury Rate at the time of each cash draw Plan...
Aspen Aerogels: Current Valuation Is Not A Good Risk/Reward
Aspen Aerogels' growth is constrained by its heavy reliance on General Motors, which may switch to superior battery technology, impacting ASPN's sales. The company's valuation appears overly optimisti...
Aspen Aerogels: Management Guidance Remains Very Conservative
Aspen Aerogel's unique aerogels offer unmatched thermal insulation, driving growth in legacy energy markets and the booming electric vehicle sector. The company's thermal barrier segment saw explosive...
Aspen Aerogels, Inc. Announces $125 Million Term Loan and $100 Million Revolving Credit Facility with MidCap Financial, and Full Cash Redemption of Legacy Convertible Note
Actions aimed at reducing cost of capital and providing financing flexibility Collateral structure excludes planned second aerogel manufacturing facility (Plant II) in Statesboro, Georgia Proceeds use...
Top 3 Materials Stocks That May Collapse In Q3
As of Aug 19, 2024, three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Aspen Aerogels, Inc. Announces New Appointment to its Board of Directors
NORTHBOROUGH, Mass. , Aug. 15, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels: Impressive, But Some Questions As Well
Aspen Aerogels, Inc. has successfully transformed itself into a key supplier to the electric vehicle sector, with impressive sales growth and now earnings to show for. Momentum remains strong for the ...
Aspen Aerogels, Inc. (ASPN) Q2 2024 Earnings Call Transcript
Aspen Aerogels, Inc. (NYSE:ASPN) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Neal Baranosky - Senior Director, Head-Investor Relations & Corporate Strategy Don You...
Aspen Aerogels, Inc. Reports Second Quarter 2024 Financial Results and Recent Business Highlights
Record quarterly revenues of $117.8 million, up 25% QoQ and 145% YoY Delivered $16.8 million of quarterly net income and $28.9 million of quarterly Adjusted EBITDA Increased 2024 revenue and profitabi...
Aspen Aerogels: 5 Things To Know Before Earnings Call
Aspen Aerogels has exceeded expectations on gross margins and revenue. The company is transitioning from an oil-dependent business to a growth-oriented EV thermal barrier focus. Liquidity concerns due...
Aspen Aerogels, Inc. Schedules Second Quarter 2024 Earnings Release and Conference Call
NORTHBOROUGH, Mass. , July 16, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C.
Aspen Aerogels to Attend 10th Annual ROTH London Conference
NORTHBOROUGH, Mass. , June 19, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels Announces Thermal Barrier Award from Valmet Automotive for Electric Porsche 718 Series and Reiterates 2024 Financial Outlook
Valmet Automotive design award for the Porsche 718 series is Aspen's sixth OEM award 2024 Financial Outlook remains unchanged NORTHBOROUGH, Mass. , June 13, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (...
Aspen Aerogels, Inc. Reports First Quarter 2024 Financial Results and Recent Business Highlights
$94.5 million in company revenue drove 37% gross profit margins and $12.9 million of Adjusted EBITDA Raising 2024 baseline Adjusted EBITDA outlook by 83% Expecting positive net income for 2024 NORTHBO...
Aspen Aerogels Wins Automotive News PACE and Innovation Partnership Awards
NORTHBOROUGH, Mass. , April 30, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, won ...
Aspen Aerogels to Participate in May Investor Conferences
NORTHBOROUGH, Mass. , April 25, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced ...
Aspen Aerogels, Inc. Schedules First Quarter 2024 Earnings Release and Conference Call
NORTHBOROUGH, Mass., April 11, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C.
Aspen Aerogels to Present at RBC Capital Markets' Battery Value Chain Conference
NORTHBOROUGH, Mass. , April 9, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...