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Aspen Aerogels Inc

Aspen Aerogels Inc

ASPN
$5.01USD↓-3.28%-0.17 today

MARKET CAP

415.8M

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$5 – $5

52W RANGE

$2
$9

AI Summary

Stalk
TrimMedium

ASPN remains in a Stage 4 decline with a clear sequence of lower highs and lower lows, reinforced by downward-sloping EMAs and resistance at the 50 and 200 SMAs. Medium-term bias stays bearish, and short-term execution reads as neutral with price oscillating around flat/declining EMAs below major moving averages. We defer bearish execution, looking to trim into rallies toward the 9/21 EMA and the SMA 50/200 resistance zones.

  • ↑Q3 revenue guidance of $65–80M implies 30–60% QoQ growth.
  • ↑Q2 revenue rose 32% QoQ to $49.8M amid LNG demand.
  • ↓GAAP net loss widened to $23.3M in Q2, eroding profitability.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Aspen Aerogels Inc (ASPN) is a leading manufacturer of aerogel-based thermal barrier solutions, primarily serving the energy and automotive industries. With key growth segments including electric vehicle thermal barriers and energy industrial products, Aspen is positioned within the burgeoning transition towards electrification and increased energy efficiency. The company has made significant inroads in the European market, showcasing its competitiveness through collaborations with major automotive manufacturers, such as Jaguar Land Rover, and leveraging the increasing demand for advanced materials in the growing electric vehicle (EV) segment.

Bull says

  • ↑Q3 revenue guidance of $65–80M implies 30–60% QoQ growth.
  • ↑Q2 revenue rose 32% QoQ to $49.8M amid LNG demand.
  • ↑European segment revenues projected at $20–30M in 2026.
  • ↑Achieved $80M in annual cost reductions to boost margins.
  • ↑Stock surged 37.5% post-earnings, reflecting strong investor momentum.
  • ↑High liquidity and upward analyst revisions signal growing confidence.

Bear says

  • ↓GAAP net loss widened to $23.3M in Q2, eroding profitability.
  • ↓Adjusted EBITDA of –$6.6M underscores persistent cash burn.
  • ↓Revenue declined 36% YoY, raising operational stability concerns.
  • ↓High share-price volatility deters risk-averse investors.
  • ↓Institutional ownership low, limiting capital support for growth.
  • ↓Weak balance-sheet metrics and elevated short interest highlight skepticism.

Earnings Call · Q1 2024 · Mgmt. Guidance

Updated 05-09-2025bullish

Transcript signals

Bull points

  • The performance is reflected in the Q1 financial results and in the raised 2024 revenue and adjusted EBITDA outlook.
  • We believe we have the demand and the supply to reach at least $150 million of Energy Industrial revenue with gross margins exceeding our 35% target.
  • The gross margin over the past 5 quarters has expanded from 11% to 17% to 23% to 35% and now to 37%.

Bear points

  • Our Energy Industrial revenue was $29.1 million, a decrease of 14%, year-over-year and a 7% decrease quarter-over-quarter.
Read full transcript analysis ›