Aspen Aerogels (NYSE:ASPN) Lowered to “Sell” Rating by Wall Street Zen

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

A number of other research analysts also recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Aspen Aerogels in a research report on Wednesday, June 24th. Roth Capital reiterated a “buy” rating and set a $7.75 price objective on shares of Aspen Aerogels in a research report on Friday, August 7th. B. Riley Financial reissued a “buy” rating on shares of Aspen Aerogels in a research note on Friday, August 7th. Finally, Barclays boosted their target price on shares of Aspen Aerogels from $4.00 to $5.00 and gave the company an “underweight” rating in a report on Tuesday. Four 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, Aspen Aerogels has an average rating of “Hold” and a consensus price target of $5.94.

Aspen Aerogels Price Performance

Shares of ASPN opened at $5.85 on Friday. The business has a 50-day moving average of $5.51 and a 200-day moving average of $4.51. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.52 and a quick ratio of 2.54. The company has a market capitalization of $485.82 million, a price-to-earnings ratio of -3.83 and a beta of 2.99. Aspen Aerogels has a 1 year low of $2.30 and a 1 year high of $9.35.

Aspen Aerogels (NYSE:ASPN) last announced its earnings results on Thursday, August 6th. The construction company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.01. The business had revenue of $49.85 million for the quarter, compared to analysts’ expectations of $42.42 million. Aspen Aerogels had a negative return on equity of 31.12% and a negative net margin of 62.45%.Aspen Aerogels has set its Q3 2026 guidance at -0.110–0.070 EPS. As a group, equities research analysts anticipate that Aspen Aerogels will post -0.69 earnings per share for the current year.

Hedge Funds Weigh In On Aspen Aerogels

Several institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Aspen Aerogels during the 2nd quarter worth approximately $33,457,000. Oaktop Capital Management II L.P. acquired a new stake in shares of Aspen Aerogels during the 2nd quarter worth approximately $32,769,000. Vanguard Group Inc. increased its stake in shares of Aspen Aerogels by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 4,510,370 shares of the construction company’s stock valued at $31,392,000 after acquiring an additional 22,686 shares in the last quarter. Needham Investment Management LLC increased its stake in shares of Aspen Aerogels by 26.5% in the 4th quarter. Needham Investment Management LLC now owns 4,351,700 shares of the construction company’s stock valued at $12,315,000 after acquiring an additional 912,000 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Aspen Aerogels by 237.9% during the 4th quarter. Invesco Ltd. now owns 4,129,934 shares of the construction company’s stock valued at $11,688,000 after acquiring an additional 2,907,558 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.