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Date | Price Target | Rating | Analyst |
---|---|---|---|
8/6/2024 | $27.00 | Overweight | Barclays |
3/6/2024 | $22.00 | Buy | ROTH MKM |
3/20/2023 | $14.00 | Hold → Buy | The Benchmark Company |
10/21/2022 | $20.00 | Buy | Canaccord Genuity |
2/18/2022 | $72.00 → $68.00 | Overweight | Piper Sandler |
2/18/2022 | $65.00 → $45.00 | Buy | HC Wainwright & Co. |
12/10/2021 | $70.00 | Buy | The Benchmark Company |
12/10/2021 | $70.00 | Buy | Benchmark |
SC 13G/A - ASPEN AEROGELS INC (0001145986) (Subject)
SC 13G - ASPEN AEROGELS INC (0001145986) (Subject)
SC 13G/A - ASPEN AEROGELS INC (0001145986) (Subject)
Barclays initiated coverage of Aspen Aerogels with a rating of Overweight and set a new price target of $27.00
ROTH MKM initiated coverage of Aspen Aerogels with a rating of Buy and set a new price target of $22.00
The Benchmark Company upgraded Aspen Aerogels from Hold to Buy and set a new price target of $14.00
8-K - ASPEN AEROGELS INC (0001145986) (Filer)
10-Q - ASPEN AEROGELS INC (0001145986) (Filer)
8-K - ASPEN AEROGELS INC (0001145986) (Filer)
Aspen will also participate in upcoming conferences hosted by Craig-Hallum, Bernstein, and Janney NORTHBOROUGH, Mass., Nov. 12, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to participate in the following investor events in the fourth quarter of 2024: (i) Craig-Hallum 15th Annual Alpha Select Conference, (ii) Bernstein 3rd Annual Industrials Forum, (iii) Barclays 15th Annual Global Automotive and Mobility Tech Conference and (iv) Janney 2nd Annual Clean Energy Investment Symposium. Craig-Hallum 15th Annual Alpha Select Conference / November
$117.3 million in quarterly revenue, led by $90.6 million of Thermal Barrier revenueContinued cost discipline delivered 42% company gross margins and 22% Adjusted EBITDA marginsIncreased 2024 Financial Outlook to $450 million of revenue, $9 million of net income, and $90 million of Adjusted EBITDAVarious financing activities completed to fully-fund growth strategy NORTHBOROUGH, Mass., Nov. 6, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the third quarter of 2024, and discussed recent business developments. Total revenue for the third quarter of 2024
NORTHBOROUGH, Mass., Oct. 21, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the pricing of an underwritten public offering of 4,250,000 shares of its common stock at a public offering price of $20.00 per share. In addition, the Company has granted the underwriters of the offering a 30-day option to purchase up to an additional 637,500 shares of common stock at the public offering price, less underwriting discounts and commissions. The gross proceeds to Aspen from this offering are expected to be approximately $85 million, before deducting underwriting discounts and commiss
NORTHBOROUGH, Mass., Aug. 15, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of Cari Robinson to its Board of Directors ("Board"). Ms. Robinson was also appointed to the Audit Committee and the Nominating, Governance and Sustainability Committee of the Board. Ms. Robinson, 61, currently serves as Senior Managing Director at August Strategic Communications, a strategic communications and crisis advisory firm, where she advises clients on matters in areas including reputation management, crisis management, litigation and investigations, and cybersecurity and
Accomplished Accounting Executive with 25+ Years of Business Experience NORTHBOROUGH, Mass., Sept. 14, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of Santhosh Daniel as its Chief Accounting Officer. Mr. Daniel will report to Ricardo C. Rodriguez, Aspen's Chief Financial Officer and Treasurer, and will oversee the Company's financial reporting, internal controls and auditing functions. Mr. Daniel, 52, has over twenty-five years of experience as a professional in public accounting and industry. Prior to joining the Company, he served as Vice President a
Accomplished Human Resources Executive with 25+ Years of Experience to Join Aspen; Kelley Conte, SVP of Human Resources, to Retire Following Valued Career Contributions at Aspen NORTHBOROUGH, Mass., Sept. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of Stephanie Pittman as Chief Human Resources Officer. Ms. Pittman will report to Don Young, Aspen's President and Chief Executive Officer, joining the Company's Executive Committee. Ms. Pittman will succeed Kelley Conte, Senior Vice President of Human Resources, who will retire from Aspen following an impac
Aspen Aerogels's (NYSE:ASPN) short percent of float has fallen 17.59% since its last report. The company recently reported that it has 3.70 million shares sold short, which is 6.7% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.45 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interes
12 analysts have expressed a variety of opinions on Aspen Aerogels (NYSE:ASPN) over the past quarter, offering a diverse set of opinions from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 9 3 0 0 0 Last 30D 1 0 0 0 0 1M Ago 3 1 0 0 0 2M Ago 5 2 0 0 0 3M Ago 0 0 0 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $31.33, a high estimate of $38.00, and a low estimate of $22.00. This curren
Craig-Hallum analyst Eric Stine maintains Aspen Aerogels (NYSE:ASPN) with a Buy and raises the price target from $33 to $38.
4 - ASPEN AEROGELS INC (0001145986) (Issuer)
4 - ASPEN AEROGELS INC (0001145986) (Issuer)
4 - ASPEN AEROGELS INC (0001145986) (Issuer)
Proposed loan of up to $670.6 million would fund the remaining CAPEX needed to complete Company's second aerogel plantInterest rate at applicable U.S. Treasury Rate at the time of each cash drawPlant is expected to provide ~$1.2B - $1.6B of incremental PyroThin® thermal barrier revenue capacityProject financing structure, with Aspen Aerogels, Inc.'s subsidiary Aspen Georgia, LLC as the borrower Q3 2024 revenue of $117 million drove $25 million of Adjusted EBITDA NORTHBOROUGH, Mass., Oct. 16, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that it has received a conditional c
Actions aimed at reducing cost of capital and providing financing flexibilityCollateral structure excludes planned second aerogel manufacturing facility (Plant II) in Statesboro, GeorgiaProceeds used to cash redeem existing convertible note and support supplemental Plant II debt financing NORTHBOROUGH, Mass., Aug. 19, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that it has closed on a $125 million term loan facility and $100 million capacity asset-based revolving credit facility with MidCap Financial, a leading commercial finance company managed by Apollo Capital Managem
Record quarterly revenues of $117.8 million, up 25% QoQ and 145% YoYDelivered $16.8 million of quarterly net income and $28.9 million of quarterly Adjusted EBITDAIncreased 2024 revenue and profitability outlook for the second consecutive quarter NORTHBOROUGH, Mass., Aug. 7, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the second quarter of 2024, and discussed recent business developments. Total revenue for the second quarter of 2024 was $117.8 million, compared to $48.2 million in the second quarter of 2023. Net income was $16.8 million, compared to