Aspen Aerogels, Inc. (NYSE:ASPN) Short Interest Update

Aspen Aerogels, Inc. (NYSE:ASPNGet Free Report) saw a large increase in short interest in April. As of April 15th, there was short interest totaling 7,017,875 shares, an increase of 12.6% from the March 31st total of 6,232,371 shares. Based on an average daily volume of 1,335,401 shares, the short-interest ratio is presently 5.3 days. Currently, 8.7% of the company’s stock are sold short.

Aspen Aerogels Stock Performance

Shares of Aspen Aerogels stock traded up $0.55 during trading hours on Friday, hitting $4.26. 2,319,521 shares of the company’s stock traded hands, compared to its average volume of 1,417,147. Aspen Aerogels has a 12-month low of $2.30 and a 12-month high of $9.78. The stock has a market capitalization of $352.42 million, a price-to-earnings ratio of -0.90 and a beta of 2.90. The company has a fifty day simple moving average of $3.41 and a 200-day simple moving average of $3.93. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.90 and a quick ratio of 3.29.

Aspen Aerogels (NYSE:ASPNGet Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The construction company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.07). Aspen Aerogels had a negative return on equity of 13.91% and a negative net margin of 143.69%.The firm had revenue of $41.34 million during the quarter, compared to analysts’ expectations of $44.25 million. During the same period last year, the business posted $0.14 EPS. The company’s revenue was down 66.4% compared to the same quarter last year. Aspen Aerogels has set its Q1 2026 guidance at -0.280–0.240 EPS. Equities research analysts anticipate that Aspen Aerogels will post -0.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Acadian Asset Management LLC purchased a new position in Aspen Aerogels during the 1st quarter valued at about $43,000. Tower Research Capital LLC TRC grew its holdings in Aspen Aerogels by 184.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 7,235 shares of the construction company’s stock valued at $43,000 after buying an additional 4,693 shares in the last quarter. Olympiad Research LP purchased a new position in Aspen Aerogels during the 3rd quarter valued at about $70,000. Prelude Capital Management LLC purchased a new position in Aspen Aerogels during the 3rd quarter valued at about $70,000. Finally, Balance Wealth LLC purchased a new position in Aspen Aerogels during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 97.64% of the company’s stock.

Analyst Upgrades and Downgrades

ASPN has been the topic of several recent analyst reports. Zacks Research upgraded Aspen Aerogels from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 15th. TD Cowen dropped their price objective on Aspen Aerogels from $7.00 to $6.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Roth Mkm dropped their price objective on Aspen Aerogels from $6.00 to $3.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Weiss Ratings restated a “sell (d-)” rating on shares of Aspen Aerogels in a research note on Friday, March 27th. Finally, Barclays dropped their price objective on Aspen Aerogels from $4.00 to $3.00 and set an “underweight” rating on the stock in a research note on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $4.25.

View Our Latest Analysis on ASPN

Aspen Aerogels Company Profile

(Get Free Report)

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.

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