Aspen Aerogels (NYSE:ASPN) Upgraded by Wall Street Zen to Hold Rating

Wall Street Zen upgraded shares of Aspen Aerogels (NYSE:ASPN) from a sell rating to a hold rating in a report released on Saturday morning.

Several other analysts also recently weighed in on ASPN. Barclays boosted their price objective on shares of Aspen Aerogels from $3.00 to $4.00 and gave the stock an “underweight” rating in a research report on Monday, May 11th. TD Cowen cut their target price on shares of Aspen Aerogels from $7.00 to $6.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. Roth Mkm reaffirmed a “buy” rating and issued a $5.75 target price on shares of Aspen Aerogels in a report on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aspen Aerogels in a report on Friday, March 27th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $5.19.

Aspen Aerogels Stock Down 3.6%

Shares of NYSE:ASPN opened at $5.61 on Friday. The company has a market capitalization of $465.21 million, a PE ratio of -4.13 and a beta of 2.83. The company has a current ratio of 2.89, a quick ratio of 3.29 and a debt-to-equity ratio of 0.32. Aspen Aerogels has a twelve month low of $2.30 and a twelve month high of $9.78. The firm has a 50 day simple moving average of $3.73 and a 200-day simple moving average of $3.70.

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

Hedge Funds Weigh In On Aspen Aerogels

A number of institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. increased its stake in Aspen Aerogels by 6.8% in the 2nd quarter. Raymond James Financial Inc. now owns 26,559 shares of the construction company’s stock valued at $157,000 after buying an additional 1,687 shares during the period. Legal & General Group Plc increased its stake in Aspen Aerogels by 3.6% in the 2nd quarter. Legal & General Group Plc now owns 67,130 shares of the construction company’s stock valued at $397,000 after buying an additional 2,324 shares during the period. Osaic Holdings Inc. increased its stake in Aspen Aerogels by 29.1% in the 2nd quarter. Osaic Holdings Inc. now owns 10,615 shares of the construction company’s stock valued at $63,000 after buying an additional 2,390 shares during the period. The Manufacturers Life Insurance Company increased its stake in Aspen Aerogels by 12.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 24,671 shares of the construction company’s stock valued at $146,000 after buying an additional 2,656 shares during the period. Finally, Deutsche Bank AG increased its stake in Aspen Aerogels by 1.3% in the 4th quarter. Deutsche Bank AG now owns 223,093 shares of the construction company’s stock valued at $631,000 after buying an additional 2,880 shares during the period. 97.64% of the stock is owned by institutional investors and hedge funds.

Aspen Aerogels Company Profile

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.