Aspen Aerogels, Inc. (NYSE:ASPN) Receives Average Rating of “Hold” from Brokerages

Aspen Aerogels, Inc. (NYSE:ASPN) has been assigned a consensus rating of “Hold” from the six research firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $5.1875.

A number of analysts have weighed in on ASPN shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Aspen Aerogels in a report on Wednesday. Wall Street Zen upgraded Aspen Aerogels from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Barclays increased their price target on Aspen Aerogels from $3.00 to $4.00 and gave the stock an “underweight” rating in a report on Monday, May 11th. Finally, Roth Mkm reiterated a “buy” rating and set a $5.75 price target on shares of Aspen Aerogels in a report on Friday, May 8th.

Hedge Funds Weigh In On Aspen Aerogels

Hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC acquired a new position in Aspen Aerogels during the 1st quarter valued at about $43,000. Tower Research Capital LLC TRC boosted its stake in shares of Aspen Aerogels by 184.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,235 shares of the construction company’s stock worth $43,000 after buying an additional 4,693 shares during the last quarter. Royal Bank of Canada boosted its stake in shares of Aspen Aerogels by 95.8% in the 1st quarter. Royal Bank of Canada now owns 8,523 shares of the construction company’s stock worth $29,000 after buying an additional 4,169 shares during the last quarter. Prelude Capital Management LLC purchased a new position in shares of Aspen Aerogels in the 3rd quarter worth approximately $70,000. Finally, Balance Wealth LLC purchased a new position in shares of Aspen Aerogels in the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 97.64% of the company’s stock.

Aspen Aerogels Stock Performance

Shares of Aspen Aerogels stock opened at $5.62 on Monday. The company has a current ratio of 2.89, a quick ratio of 2.54 and a debt-to-equity ratio of 0.32. The business has a 50-day moving average price of $5.20 and a two-hundred day moving average price of $3.99. Aspen Aerogels has a 1-year low of $2.30 and a 1-year high of $9.78. The company has a market cap of $465.37 million, a P/E ratio of -4.13 and a beta of 3.02.

Aspen Aerogels (NYSE:ASPN) last issued its quarterly earnings results on Thursday, May 7th. The construction company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.01). Aspen Aerogels had a negative return on equity of 22.16% and a negative net margin of 48.64%.The business had revenue of $37.88 million for the quarter, compared to analyst estimates of $36.58 million. During the same quarter in the previous year, the business posted ($0.06) earnings per share. The business’s revenue was down 51.8% on a year-over-year basis. Aspen Aerogels has set its Q2 2026 guidance at -0.240–0.17 EPS. As a group, analysts anticipate that Aspen Aerogels will post -0.8 EPS for the current year.

About Aspen Aerogels

Aspen Aerogels, Inc, headquartered in Northborough, Massachusetts, develops and manufactures high-performance aerogel insulation materials and custom engineered solutions. Founded in 2001 as a spin-out from Department of Energy research, the company pursued an initial public offering on the NYSE in 2014 under the ticker ASPN. Aspen Aerogels combines proprietary aerogel formulations with advanced manufacturing processes to deliver products known for their low thermal conductivity, lightweight construction and robust mechanical properties.

The company’s product portfolio spans blanket insulation, boards, and custom shapes built around several proprietary brands, including Pyrogel, Cryogel and Spaceloft.