Aspen Aerogels (NYSE:ASPN) Trading 8.2% Higher – Should You Buy?

Aspen Aerogels, Inc. (NYSE:ASPN)’s stock price traded up 8.2% during trading on Monday . The company traded as high as $6.68 and last traded at $6.7620. Approximately 92,454 shares changed hands during trading, a decline of 94% from the average daily volume of 1,595,835 shares. The stock had previously closed at $6.25.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Aspen Aerogels in a report on Wednesday, June 24th. Barclays raised their price objective on Aspen Aerogels from $3.00 to $4.00 and gave the stock an “underweight” rating in a research note on Monday, May 11th. Wall Street Zen raised shares of Aspen Aerogels from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. B. Riley Financial reiterated a “buy” rating on shares of Aspen Aerogels in a research note on Friday. Finally, Roth Capital reissued a “buy” rating and set a $7.75 target price on shares of Aspen Aerogels in a report on Friday. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Aspen Aerogels has a consensus rating of “Hold” and a consensus target price of $5.69.

Aspen Aerogels Price Performance

The company has a market capitalization of $529.19 million, a P/E ratio of -4.17 and a beta of 2.99. The company has a fifty day moving average price of $5.51 and a 200 day moving average price of $4.43. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.89 and a quick ratio of 2.54.

Aspen Aerogels (NYSE:ASPN) last announced its quarterly earnings results on Thursday, August 6th. The construction company reported ($0.22) earnings per share for the quarter, topping analysts’ consensus estimates 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 29.30% and a negative net margin of 62.45%.Aspen Aerogels has set its Q3 2026 guidance at -0.110–0.070 EPS. On average, sell-side analysts forecast that Aspen Aerogels, Inc. will post -0.8 EPS for the current fiscal year.

Institutional Investors Weigh In On Aspen Aerogels

A number of hedge funds have recently added to or reduced their stakes in ASPN. BlackRock Inc. acquired a new position in shares of Aspen Aerogels during the second quarter valued at $33,457,000. Oaktop Capital Management II L.P. acquired a new stake in shares of Aspen Aerogels in the 2nd quarter worth about $32,769,000. Vanguard Group Inc. increased its holdings 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 worth $31,392,000 after acquiring an additional 22,686 shares during the period. Needham Investment Management LLC lifted its position in 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 purchasing an additional 912,000 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in 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 purchasing an additional 2,907,558 shares during the period. 97.64% of the stock is currently owned by institutional investors.

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.