Aspen Aerogels Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Aspen Aerogels stock have an average target of 19.67, with a low estimate of 17 and a high estimate of 22. The average target predicts an increase of 25.21% from the current stock price of 15.71.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$17	$19.67	$20	$22
Change	+8.21%	+25.21%	+27.31%	+40.04%

* Price targets were last updated on Mar 6, 2024.

Analyst Ratings

The average analyst rating for Aspen Aerogels stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	4	3	3	3	4	3
Buy	1	1	1	1	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	4	4	4	4	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chip Moore Roth MKM	Roth MKM	Strong Buy Initiates $22	Strong Buy	Initiates	$22	+40.04%	Mar 6, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $20	Strong Buy	Reiterates	$20	+27.31%	Feb 14, 2024
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $30 → $20	Strong Buy	Maintains	$30 → $20	+27.31%	Jan 16, 2024
George Gianarikas Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $13 → $17	Strong Buy	Maintains	$13 → $17	+8.21%	Dec 27, 2023
Amit Dayal HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $45 → $30	Strong Buy	Maintains	$45 → $30	+90.96%	Aug 4, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

369.26M

from 238.72M

54.68%

from 238.72M

Revenue Next Year

585.30M

from 369.26M

58.51%

from 369.26M

EPS This Year

-0.23

from -0.66

EPS Next Year

0.68

from -0.23

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	139.38M	100.27M	121.62M	180.36M	238.72M	369.26M	585.30M	861.75M	1.21B	1.56B
Revenue Growth	33.55%	-28.06%	21.29%	48.30%	32.35%	54.68%	58.51%	47.23%	40.76%	28.85%
EPS	-0.60	-0.83	-1.22	-2.10	-0.66	-0.23	0.68	1.34	2.66	3.70
EPS Growth	-	-	-	-	-	-	-	98.12%	98.48%	39.08%
No. Analysts	-	-	-	-	-	12	11	4	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	423.6M	708.5M	1.0B	1.5B	2.0B
Avg	369.3M	585.3M	861.8M	1.2B	1.6B
Low	342.0M	502.7M	755.6M	1.0B	1.3B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	77.4%	91.9%	75.8%	70.6%	62.9%
Avg	54.7%	58.5%	47.2%	40.8%	28.9%
Low	43.2%	36.1%	29.1%	19.6%	6.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	-0.08	1.43	1.52	2.74	3.81
Avg	-0.23	0.68	1.34	2.66	3.70
Low	-0.30	0.29	1.16	2.56	3.56

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	-	124.9%	104.3%	43.2%
Avg	-	-	98.1%	98.5%	39.1%
Low	-	-	70.8%	90.7%	33.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.