Aspen Aerogels, Inc. (ASPN)

NYSE: ASPN · IEX Real-Time Price · USD
8.60
+0.28 (3.37%)
Sep 29, 2023, 4:00 PM EDT - Market closed
3.37%
Market Cap 603.78M
Revenue (ttm) 190.06M
Net Income (ttm) -71.42M
Shares Out 70.21M
EPS (ttm) -1.28
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,642,812
Open 8.50
Previous Close 8.32
Day's Range 8.41 - 8.79
52-Week Range 5.33 - 14.44
Beta 2.17
Analysts Strong Buy
Price Target 21.60 (+151.16%)
Earnings Date Oct 25, 2023

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. 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 systems; Pyrogel HPS for applications within the power generation market; ... [Read more]

Sector Industrials
IPO Date Jun 13, 2014
Employees 533
Stock Exchange NYSE
Ticker Symbol ASPN
Full Company Profile

Financial Performance

In 2022, Aspen Aerogels's revenue was $180.36 million, an increase of 48.30% compared to the previous year's $121.62 million. Losses were -$82.74 million, 123.0% more than in 2021.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for ASPN stock is "Strong Buy." The 12-month stock price forecast is $21.6, which is an increase of 151.16% from the latest price.

Price Target
$21.6
(151.16% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Aspen Aerogels, Inc. Appoints Santhosh Daniel Chief Accounting Officer

Accomplished Accounting Executive with 25+ Years of Business Experience NORTHBOROUGH, Mass. , Sept. 14, 2023  /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology...

16 days ago - PRNewsWire

Aspen Aerogels, Inc. Appoints Stephanie Pittman Chief Human Resources Officer

Accomplished Human Resources Executive with 25+ Years of Experience to Join Aspen; Kelley Conte, SVP of Human Resources, to Retire Following Valued Career Contributions at Aspen NORTHBOROUGH, Mass. , ...

26 days ago - PRNewsWire

Aspen Aerogels to Participate in September Investor Conferences

NORTHBOROUGH, Mass. , Aug. 29, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...

4 weeks ago - PRNewsWire

Aspen Aerogels Recognized as a 2023 Automotive News PACE Awards Finalist

NORTHBOROUGH, Mass. , Aug. 14, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, today ...

6 weeks ago - PRNewsWire

Aspen Aerogels, Inc. Reports Second Quarter 2023 Financial Results and Recent Business Highlights

Delivered Q2 gross profit margins of 17%, a 20-percentage point improvement over the same period last year Positioned to deliver strong results from expected demand growth in the second half of 2023 R...

2 months ago - PRNewsWire

Aspen Aerogels to Participate in August Investor Conferences

NORTHBOROUGH, Mass. , July 25, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...

2 months ago - PRNewsWire

Aspen Aerogels, Inc. Schedules Second Quarter Earnings Release and Conference Call

NORTHBOROUGH, Mass. , July 20, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, President & Chief Executive Officer, and Ricardo C.

2 months ago - PRNewsWire

Aspen Aerogels Announces Termination of "At-The-Market" Equity Offering Program

NORTHBOROUGH, Mass. , June 15, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced i...

3 months ago - PRNewsWire

Aspen Aerogels Celebrates Opening of State-of-the-Art Advanced Thermal Barrier Center in Marlborough, MA

NORTHBOROUGH, Mass. , June 7, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, today ...

4 months ago - PRNewsWire

Aspen Aerogels to Present at TD Cowen Sustainability Week

NORTHBOROUGH, Mass. , May 25, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced th...

4 months ago - PRNewsWire

Aspen Aerogels, Inc. Reports First Quarter 2023 Financial Results and Recent Business Developments

Revenue growth of 19% year-over-year aligned with expectations, reiterating 2023 revenue and adjusted EBITDA outlook  Awarded PyroThin ®  contract for European EV commercial truck program with start o...

5 months ago - PRNewsWire

Aspen Aerogels to Participate in May Investor Conferences

NORTHBOROUGH, Mass. , April 26, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced ...

5 months ago - PRNewsWire

ASPEN AEROGELS SUES KOREAN AEROGEL SUPPLIER AND NORWEGIAN PARENT COMPANY FOR PATENT INFRINGEMENT

Patent infringement and unfair trade practices actions filed against Beerenberg in Korea for infringing Aspen's patents on aerogel materials and processes. NORTHBOROUGH, Mass.

5 months ago - PRNewsWire

Aspen Aerogels, Inc. Schedules First Quarter Earnings Release and Conference Call

NORTHBOROUGH, Mass. , April 20, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, President & Chief Executive Officer, and Ricardo C.

5 months ago - PRNewsWire

Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal 2022 Financial Results and Recent Business Developments

Quarterly revenue growth of 90% year-over-year drove 2022 annual revenues to $180 million, a 48% increase NORTHBOROUGH, Mass. , Feb. 15, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen"...

8 months ago - PRNewsWire

Aspen Aerogels, Inc. Schedules Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call

NORTHBOROUGH, Mass. , Feb. 2, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, President & Chief Executive Officer, and Ricardo Rodriguez, Chief F...

8 months ago - PRNewsWire

Aspen Aerogels, Inc. Announces Pricing of Upsized Public Offering of $240 Million of Common Stock

NORTHBOROUGH, Mass. , Nov. 30, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...

10 months ago - PRNewsWire

Aspen Aerogels, Inc. Announces Proposed Public Offering of $200 Million of Common Stock

NORTHBOROUGH, Mass. , Nov. 29, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...

10 months ago - PRNewsWire

Aspen Aerogels, Inc. Announces $100 Million Secured Loan Agreement with General Motors

Financing in Connection with Aspen's PyroThin® Thermal Barrier Capacity Expansion NORTHBOROUGH, Mass. , Nov. 29, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a te...

Other symbols: GM
10 months ago - PRNewsWire

Aspen Aerogels, Inc. Announces Changes to its Board of Directors

NORTHBOROUGH, Mass. , Nov. 2, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced th...

11 months ago - PRNewsWire

Aspen Aerogels, Inc. Reports Third Quarter 2022 Financial Results and Recent Business Developments

NORTHBOROUGH, Mass. , Oct. 26, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced f...

1 year ago - PRNewsWire

Aspen Aerogels, Inc. Schedules Third Quarter 2022 Financial Results Release and Conference Call

NORTHBOROUGH, Mass. , Oct. 12, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, President & Chief Executive Officer, and Ricardo Rodriguez, Chief ...

1 year ago - PRNewsWire

Aspen Aerogels to Participate in 15th Annual Cowen Global Transportation & Sustainable Mobility Virtual Conference

NORTHBOROUGH, Mass. , Sept. 6, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...

1 year ago - PRNewsWire

Aspen Aerogels, Inc. Appoints James Sweetnam to Board of Directors

NORTHBOROUGH, Mass. , Aug. 2, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced th...

1 year ago - PRNewsWire

Aspen Aerogels, Inc. Announces Release of Inaugural ESG Highlights Report

Commitment to Carbon Neutrality by 2035 in Scope 1 and Scope 2 Emissions NORTHBOROUGH, Mass. , July 29, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology ...

1 year ago - PRNewsWire