Aspen Aerogels Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Aspen Aerogels stock has a consensus rating of "Buy" and an average price target of $6.35. The average 1-year stock price forecast is 12.79% higher than the current stock price, while the lowest is $4.00 (-28.95%) and the highest is $8.00 (+42.10%).

Price Target: $6.35 (+12.79%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$4.00	$6.35	$7.00	$8.00
Change	-28.95%	+12.79%	+24.33%	+42.10%

* Price targets were last updated on May 11, 2026.

Analyst Ratings

The average analyst rating for Aspen Aerogels stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	5	5	4	4	4	4
Buy	0	0	0	0	0	0
Hold	2	1	1	1	1	1
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	8	7	6	6	6	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Anderson Barclays	Barclays	Sell Reiterates $3 → $4	Sell	Reiterates	$3 → $4	-28.95%	May 11, 2026
Eric Stine Craig-Hallum	Craig-Hallum	Buy Reiterates $5 → $8	Buy	Reiterates	$5 → $8	+42.10%	May 8, 2026
Chip Moore Roth MKM	Roth MKM	Buy Maintains $3 → $5.75	Buy	Maintains	$3 → $5.75	+2.13%	May 8, 2026
Itay Michaeli TD Cowen	TD Cowen	Buy Maintains $7 → $6	Buy	Maintains	$7 → $6	+6.57%	Feb 26, 2026
Ryan Pfingst B. Riley Securities	B. Riley Securities	Buy Reiterates $10 → $4	Buy	Reiterates	$10 → $4	-28.95%	Feb 26, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

196.16M

from 271.10M

-27.64%

from 271.10M

Revenue Next Year

283.91M

from 196.16M

44.73%

from 196.16M

EPS This Year

-0.72

from -0.49

EPS Next Year

-0.10

from -0.72

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	121.62M	180.36M	238.72M	452.70M	271.10M	196.16M
Revenue Growth	21.29%	48.30%	32.35%	89.64%	-40.11%	-27.64%
Gross Profit	9.94M	4.98M	56.92M	187.00M	68.10M	37.81M
Gross Margin	8.17%	2.76%	23.84%	41.31%	25.12%	19.28%
Operating Income	-40.60M	-79.25M	-49.20M	62.15M	-29.29M	-52.63M
Net Income	-37.09M	-82.74M	-45.81M	13.38M	-389.55M	-63.90M
EPS	-	-	-	-	-0.49	-0.72
Free Cash Flow	-6.58M	-222.55M	-220.95M	-71.20M	21.08M	-26.67M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	207.3M
Avg	196.2M
Low	174.6M

Revenue Growth

Revenue Growth	2026	2027	2028
High	-23.5%
Avg	-27.6%
Low	-35.6%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.72
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-