TD Cowen Issues Pessimistic Forecast for Aspen Aerogels (NYSE:ASPN) Stock Price

Aspen Aerogels (NYSE:ASPN) had its target price cut by equities research analysts at TD Cowen from $7.00 to $6.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the construction company’s stock. TD Cowen’s target price indicates a potential upside of 91.94% from the company’s previous close.

Several other equities analysts also recently weighed in on the company. Canaccord Genuity Group reduced their price target on Aspen Aerogels from $10.00 to $5.00 and set a “buy” rating for the company in a report on Friday, November 7th. Weiss Ratings restated a “sell (d-)” rating on shares of Aspen Aerogels in a research report on Monday, December 29th. Barclays decreased their price objective on Aspen Aerogels from $6.00 to $4.00 and set an “underweight” rating on the stock in a research note on Friday, November 7th. Finally, Zacks Research raised Aspen Aerogels from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 15th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Aspen Aerogels presently has an average rating of “Hold” and an average target price of $4.50.

Aspen Aerogels Trading Down 0.4%

ASPN opened at $3.13 on Thursday. The business has a 50 day moving average of $3.32 and a 200-day moving average of $5.04. The company has a quick ratio of 3.33, a current ratio of 3.94 and a debt-to-equity ratio of 0.28. The stock has a market cap of $258.36 million, a PE ratio of -0.66 and a beta of 2.99. Aspen Aerogels has a 52 week low of $2.30 and a 52 week high of $9.78.

Aspen Aerogels (NYSE:ASPN) last released its earnings results on Wednesday, February 25th. The construction company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.27) by ($0.07). Aspen Aerogels had a negative return on equity of 13.07% and a negative net margin of 143.69%.The business had revenue of $41.34 million during the quarter, compared to analysts’ expectations of $44.25 million. During the same period in the prior year, the company earned $0.14 earnings per share. The firm’s quarterly 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 predict that Aspen Aerogels will post 0.17 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Nisa Investment Advisors LLC boosted its holdings in Aspen Aerogels by 1,094.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 4,791 shares of the construction company’s stock valued at $28,000 after acquiring an additional 4,390 shares during the period. Balance Wealth LLC purchased a new position in Aspen Aerogels during the 4th quarter worth $29,000. Drive Wealth Management LLC purchased a new stake in shares of Aspen Aerogels in the 4th quarter worth $30,000. Jefferson Bridge Capital LLC purchased a new stake in Aspen Aerogels in the fourth quarter worth about $32,000. Finally, SBI Securities Co. Ltd. grew its holdings in Aspen Aerogels by 67.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,343 shares of the construction company’s stock worth $38,000 after acquiring an additional 2,551 shares in the last quarter. Institutional investors own 97.64% of the company’s stock.

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.