Aspen Aerogels, Inc. (ASPN)
| Market Cap | 2.08B |
| Revenue (ttm) | 287.63M |
| Net Income (ttm) | -30.85M |
| Shares Out | 76.16M |
| EPS (ttm) | -0.44 |
| PE Ratio | n/a |
| Forward PE | 8,931.37 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 817,653 |
| Open | 27.30 |
| Previous Close | 27.01 |
| Day's Range | 26.37 - 27.46 |
| 52-Week Range | 5.33 - 27.46 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 28.00 (+2.45%) |
| Earnings Date | May 1, 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 5 analysts, the average rating for ASPN stock is "Strong Buy." The 12-month stock price forecast is $28.0, which is an increase of 2.45% from the latest price.
News
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...
Aspen Aerogels to Present at the 36th Annual ROTH Conference
NORTHBOROUGH, Mass. , March 4, 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. Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Recent Business Highlights
$84.2 million quarterly revenue enabled gross margins of 35% and adjusted EBITDA of $9.1 million NORTHBOROUGH, Mass. , Feb. 12, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "...
Aspen Aerogels to Present at Wolfe Research's Global Auto and Auto Tech Conference
NORTHBOROUGH, Mass. , Jan. 30, 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. Schedules Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call
NORTHBOROUGH, Mass. , Jan. 23, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) (the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C.
Aspen Aerogels, Inc. Provides Business Update
Pre-Announces Full Year 2023 Revenues of $238 million ; $84 million in Q4 Supplemental supply for Energy Industrial products initiated in Q4 Potential to Deliver Over 47% YoY revenue growth in 2024 NO...
Aspen Aerogels, Inc. Announces $75 Million Registered Direct Offering
NORTHBOROUGH, Mass. , Dec. 20, 2023 /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 Additional EV Thermal Barrier Commercial Award and Provides Update on U.S. Department of Energy Loan Application Status
NORTHBOROUGH, Mass. , Dec. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced a ...
Aspen Aerogels to Participate at Janney Montgomery Scott's Inaugural Clean Energy Investment Symposium
NORTHBOROUGH, Mass. , Nov. 21, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels, Inc. Reports Third Quarter 2023 Financial Results and Recent Business Highlights
Record revenue of $60.8 million led by PyroThin® revenues of $32.8 million, up 160% quarter-over-quarter Delivered Q3 gross profit margins of 23%, a 6-percentage point improvement over the prior quart...
Aspen Aerogels to Participate in November Investor Conferences
NORTHBOROUGH, Mass. , Oct. 26, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced t...
Aspen Aerogels, Inc. Provides Commercial and Full Year 2023 Financial Outlook Updates
Audi joins Scania as named PyroThin® awards within the Volkswagen Group Operating plans currently unimpacted by UAW Strike and headlines of re-timed OEM EV investments Raising 2023 Financial Outlook f...
Aspen Aerogels, Inc. Schedules Third Quarter Earnings Release and Conference Call
NORTHBOROUGH, Mass., Oct. 19, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company") today announced that Don Young, President and Chief Executive Officer, and Ricardo C.
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...
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. , ...
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...
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 ...
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...
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...
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.
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...