Aspen Aerogels (ASPN) Stock Forecast, Price Target & Predictions
ASPN Stock Forecast
Aspen Aerogels stock forecast is as follows: an average price target of $31.14 (represents a 25.36% upside from ASPN’s last price of $24.84) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
ASPN Price Target
The average price target for Aspen Aerogels (ASPN) is $31.14 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $38.00 to $18.00. This represents a potential 25.36% upside from ASPN's last price of $24.84.
ASPN Analyst Ratings
According to 13 Wall Street analysts, Aspen Aerogels's rating consensus is 'Buy'. The analyst rating breakdown for ASPN stock is 0 'Strong Buy' (0.00%), 12 'Buy' (92.31%), 1 'Hold' (7.69%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Aspen Aerogels Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 09, 2024 | George Gianarikas | Canaccord Genuity | $29.00 | $21.46 | 35.14% | 16.75% |
| Aug 08, 2024 | Colin Rusch | Oppenheimer | $32.00 | $21.46 | 49.11% | 28.82% |
| Aug 06, 2024 | David Anderson | Barclays | $27.00 | $18.84 | 43.31% | 8.70% |
| Jun 14, 2024 | Eric Stine | Craig-Hallum | $38.00 | $30.57 | 24.28% | 52.98% |
| Jun 13, 2024 | Tom Curran | Seaport Global | $38.00 | $29.77 | 27.62% | 52.98% |
| May 29, 2024 | Alexander Potter | Piper Sandler | $36.00 | $29.26 | 23.03% | 44.93% |
| May 14, 2024 | Alexander Potter | Piper Sandler | $30.00 | $27.33 | 9.77% | 20.77% |
| May 03, 2024 | Alexander Potter | Piper Sandler | $29.00 | $24.74 | 17.22% | 16.75% |
| Jul 07, 2022 | - | Craig-Hallum | $32.00 | $11.17 | 186.48% | 28.82% |
| Jul 01, 2022 | - | EF Hutton | $18.00 | $10.15 | 77.34% | -27.54% |
The latest Aspen Aerogels stock forecast, released on Aug 09, 2024 by George Gianarikas from Canaccord Genuity, set a price target of $29.00, which represents a 35.14% increase from the stock price at the time of the forecast ($21.46), and a 16.75% increase from ASPN last price ($24.84).
Aspen Aerogels Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 8 |
| Avg Price Target | - | $29.33 | $32.38 |
| Last Closing Price | $24.84 | $24.84 | $24.84 |
| Upside/Downside | -100.00% | 18.08% | 30.35% |
In the current month, the average price target of Aspen Aerogels stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Aspen Aerogels's last price of $24.84. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | Canaccord Genuity | Buy | Buy | Hold |
| Aug 09, 2024 | H.C. Wainwright | Buy | Buy | Hold |
| Aug 08, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Aug 06, 2024 | Barclays | - | Overweight | Initialise |
| Jun 14, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Jun 14, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Jun 13, 2024 | Seaport Global | Buy | Buy | Hold |
| Jun 05, 2024 | Cowen & Co. | Buy | Buy | Hold |
| May 29, 2024 | Sandler O'Neill | Buy | Buy | Hold |
| May 29, 2024 | Sandler O'Neil | Underperform | Underperform | Hold |
Aspen Aerogels's last stock rating was published by Canaccord Genuity on Aug 09, 2024. The company gave ASPN a "Buy" rating, the same as its previous rate.
Aspen Aerogels Financial Forecast
Aspen Aerogels Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $84.22M | $60.76M | $48.16M | $45.59M | $59.61M | $36.71M | $45.64M | $38.41M | $31.48M | $30.38M |
| Avg Forecast | $219.17M | $215.13M | $211.81M | $206.43M | $198.81M | $189.74M | $194.46M | $190.01M | $157.57M | $160.71M | $163.71M | $162.28M | $156.03M | $136.35M | $123.26M | $110.53M | $95.54M | $96.21M | $101.44M | $75.01M | $80.85M | $52.19M | $48.81M | $45.14M | $57.18M | $49.31M | $38.82M | $32.35M | $35.15M | $27.55M |
| High Forecast | $247.18M | $242.63M | $238.88M | $232.81M | $224.22M | $213.99M | $219.31M | $214.29M | $177.71M | $181.25M | $184.63M | $183.02M | $175.97M | $153.77M | $139.01M | $124.65M | $107.75M | $106.52M | $114.40M | $84.60M | $81.02M | $56.30M | $55.05M | $50.91M | $64.48M | $55.61M | $43.37M | $36.14M | $39.28M | $30.78M |
| Low Forecast | $198.61M | $194.95M | $191.94M | $187.06M | $180.16M | $171.94M | $176.22M | $172.18M | $142.79M | $145.63M | $148.35M | $147.05M | $141.39M | $123.55M | $111.69M | $100.16M | $86.57M | $89.68M | $91.92M | $67.98M | $80.56M | $48.09M | $44.23M | $40.91M | $51.81M | $44.68M | $35.68M | $29.74M | $32.31M | $25.32M |
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.16% | 0.99% | 1.01% | 1.04% | 0.74% | 1.18% | 1.19% | 0.90% | 1.10% |
Aspen Aerogels's average Quarter revenue forecast for Mar 24 based on 1 analysts is $75.01M, with a low forecast of $67.98M, and a high forecast of $84.60M. ASPN's average Quarter revenue forecast represents a -10.93% decrease compared to the company's last Quarter revenue of $84.22M (Dec 23).
Aspen Aerogels EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.94M | $-14.63M | $-17.04M | $-16.52M | $-8.60M | $-27.86M | $-22.50M | $-18.62M | $-13.73M | $-5.65M |
| Avg Forecast | $-53.08M | $-52.10M | $-51.30M | $-49.99M | $-48.15M | $-45.95M | $-47.09M | $-46.01M | $-38.16M | $-38.92M | $-39.65M | $-39.30M | $-37.79M | $-33.02M | $-29.85M | $-26.77M | $-23.14M | $-23.30M | $-24.57M | $-15.39M | $-19.58M | $-12.64M | $-11.82M | $-13.99M | $-13.85M | $-3.83M | $-9.40M | $-12.72M | $-8.51M | $-6.67M |
| High Forecast | $-48.10M | $-47.21M | $-46.48M | $-45.30M | $-43.63M | $-41.64M | $-42.68M | $-41.70M | $-34.58M | $-35.27M | $-35.93M | $-35.61M | $-34.24M | $-29.92M | $-27.05M | $-24.26M | $-20.97M | $-21.72M | $-22.26M | $-12.31M | $-19.51M | $-11.65M | $-10.71M | $-11.19M | $-12.55M | $-3.06M | $-8.64M | $-10.17M | $-7.83M | $-6.13M |
| Low Forecast | $-59.86M | $-58.76M | $-57.85M | $-56.38M | $-54.30M | $-51.82M | $-53.11M | $-51.89M | $-43.04M | $-43.89M | $-44.71M | $-44.32M | $-42.61M | $-37.24M | $-33.66M | $-30.19M | $-26.09M | $-25.80M | $-27.70M | $-18.46M | $-19.62M | $-13.63M | $-13.33M | $-16.78M | $-15.62M | $-4.59M | $-10.50M | $-15.26M | $-9.51M | $-7.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.30% | 1.16% | 1.44% | 1.18% | 0.62% | 7.28% | 2.39% | 1.46% | 1.61% | 0.85% |
1 analysts predict ASPN's average Quarter EBITDA for Mar 24 to be $-15.39M, with a high of $-12.31M and a low of $-18.46M. This is -358.85% lower than Aspen Aerogels's previous annual EBITDA (Dec 23) of $5.94M.
Aspen Aerogels Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-519.00K | $-13.07M | $-15.42M | $-14.96M | $-9.55M | $-30.88M | $-25.45M | $-20.34M | $-16.39M | $-7.82M |
| Avg Forecast | $26.54M | $26.03M | $25.64M | $24.91M | $23.82M | $22.48M | $23.35M | $22.75M | $16.06M | $16.63M | $17.18M | $17.04M | $16.28M | $12.52M | $8.89M | $5.40M | $650.81K | $1.89M | $3.76M | $-18.17M | $-9.00M | $-21.41M | $-29.42M | $-16.52M | $-23.69M | $-5.30M | $-45.37M | $-15.02M | $-23.61M | $-20.45M |
| High Forecast | $30.95M | $30.36M | $29.90M | $29.05M | $27.78M | $26.21M | $27.24M | $26.53M | $18.73M | $19.40M | $20.03M | $19.88M | $18.99M | $14.60M | $10.37M | $6.29M | $758.93K | $5.05M | $4.39M | $-14.54M | $-7.50M | $-17.13M | $-25.83M | $-13.22M | $-20.80M | $-4.24M | $-40.61M | $-12.02M | $-21.13M | $-18.30M |
| Low Forecast | $23.30M | $22.86M | $22.51M | $21.87M | $20.92M | $19.74M | $20.51M | $19.97M | $14.11M | $14.60M | $15.08M | $14.97M | $14.30M | $10.99M | $7.81M | $4.74M | $571.42K | $-2.52M | $3.30M | $-21.81M | $-9.74M | $-24.98M | $-34.31M | $-19.82M | $-27.63M | $-6.36M | $-52.29M | $-18.02M | $-27.21M | $-23.57M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.06% | 0.61% | 0.52% | 0.91% | 0.40% | 5.83% | 0.56% | 1.35% | 0.69% | 0.38% |
Aspen Aerogels's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ASPN's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Aspen Aerogels SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.16M | $24.23M | $21.49M | $19.89M | $19.80M | $17.26M | $16.99M | $13.24M | $11.33M | $11.49M |
| Avg Forecast | $69.00M | $67.72M | $66.68M | $64.98M | $62.59M | $59.73M | $61.22M | $59.81M | $49.60M | $50.59M | $51.54M | $51.09M | $49.12M | $42.92M | $38.80M | $34.79M | $30.08M | $30.29M | $31.93M | $12.35M | $25.45M | $16.43M | $15.36M | $11.23M | $18.00M | $7.78M | $12.22M | $10.21M | $11.07M | $8.67M |
| High Forecast | $77.81M | $76.38M | $75.20M | $73.29M | $70.58M | $67.36M | $69.04M | $67.46M | $55.94M | $57.06M | $58.12M | $57.61M | $55.39M | $48.41M | $43.76M | $39.24M | $33.92M | $33.53M | $36.01M | $14.82M | $25.51M | $17.72M | $17.33M | $13.48M | $20.30M | $9.34M | $13.65M | $12.25M | $12.36M | $9.69M |
| Low Forecast | $62.52M | $61.37M | $60.42M | $58.89M | $56.71M | $54.13M | $55.47M | $54.20M | $44.95M | $45.85M | $46.70M | $46.29M | $44.51M | $38.90M | $35.16M | $31.53M | $27.25M | $28.23M | $28.94M | $9.88M | $25.36M | $15.14M | $13.92M | $8.98M | $16.31M | $6.23M | $11.23M | $8.17M | $10.17M | $7.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 1.47% | 1.40% | 1.77% | 1.10% | 2.22% | 1.39% | 1.30% | 1.02% | 1.32% |
Aspen Aerogels's average Quarter SG&A projection for Mar 24 is $12.35M, based on 1 Wall Street analysts, with a range of $9.88M to $14.82M. The forecast indicates a -48.87% fall compared to ASPN last annual SG&A of $24.16M (Dec 23).
Aspen Aerogels EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 8 | 5 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.01 | $-0.19 | $-0.00 | $-0.22 | $-0.19 | $-0.78 | $-0.72 | $-0.62 | $-0.50 | $-0.24 |
| Avg Forecast | $0.34 | $0.33 | $0.32 | $0.32 | $0.30 | $0.28 | $0.30 | $0.29 | $0.20 | $0.21 | $0.22 | $0.22 | $0.21 | $0.16 | $0.11 | $0.07 | $0.01 | $0.02 | $0.05 | $-0.13 | $-0.11 | $-0.27 | $-0.37 | $-0.39 | $-0.30 | $-0.58 | $-0.57 | $-0.48 | $-0.30 | $-0.26 |
| High Forecast | $0.39 | $0.38 | $0.38 | $0.37 | $0.35 | $0.33 | $0.34 | $0.34 | $0.24 | $0.25 | $0.25 | $0.25 | $0.24 | $0.18 | $0.13 | $0.08 | $0.01 | $0.06 | $0.06 | $-0.11 | $-0.09 | $-0.22 | $-0.33 | $-0.34 | $-0.26 | $-0.51 | $-0.51 | $-0.43 | $-0.27 | $-0.23 |
| Low Forecast | $0.30 | $0.29 | $0.29 | $0.28 | $0.26 | $0.25 | $0.26 | $0.25 | $0.18 | $0.18 | $0.19 | $0.19 | $0.18 | $0.14 | $0.10 | $0.06 | $0.01 | $-0.03 | $0.04 | $-0.15 | $-0.12 | $-0.32 | $-0.43 | $-0.45 | $-0.35 | $-0.68 | $-0.66 | $-0.55 | $-0.34 | $-0.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.06% | 0.70% | 0.00% | 0.57% | 0.63% | 1.34% | 1.25% | 1.29% | 1.67% | 0.93% |
According to undefined Wall Street analysts, Aspen Aerogels's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to ASPN previous annual EPS of $NaN (undefined).
Aspen Aerogels Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| APYX | Apyx Medical | $1.16 | $8.50 | 632.76% | Buy |
| ASPN | Aspen Aerogels | $24.84 | $31.14 | 25.36% | Buy |
| AAT | American Assets Trust | $26.70 | $29.00 | 8.61% | Hold |
| ASGN | ASGN | $92.72 | $99.00 | 6.77% | Hold |
| ASC | Ardmore Shipping | $17.44 | $17.50 | 0.34% | Buy |
| CCS | Century Communities | $103.41 | $60.67 | -41.33% | Buy |
ASPN Forecast FAQ
Is Aspen Aerogels a good buy?
Yes, according to 13 Wall Street analysts, Aspen Aerogels (ASPN) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 12 'Buy' recommendations, accounting for 92.31% of ASPN's total ratings.
What is ASPN's price target?
Aspen Aerogels (ASPN) average price target is $31.14 with a range of $18 to $38, implying a 25.36% from its last price of $24.84. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Aspen Aerogels stock go up soon?
According to Wall Street analysts' prediction for ASPN stock, the company can go up by 25.36% (from the last price of $24.84 to the average price target of $31.14), up by 52.98% based on the highest stock price target, and down by -27.54% based on the lowest stock price target.
Can Aspen Aerogels stock reach $40?
ASPN's average twelve months analyst stock price target of $31.14 does not support the claim that Aspen Aerogels can reach $40 in the near future.
What are Aspen Aerogels's analysts' financial forecasts?
Aspen Aerogels's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $773.02M (high $871.81M, low $700.49M), average EBITDA is $-187M (high $-170M, low $-211M), average net income is $92.4M (high $107.75M, low $81.13M), average SG&A $243.35M (high $274.45M, low $220.52M), and average EPS is $1.17 (high $1.36, low $1.03). ASPN's analysts financial forecasts for the fiscal year (Dec 2028) are as follows: average revenue is $852.55M (high $961.5M, low $772.55M), average EBITDA is $-206M (high $-187M, low $-233M), average net income is $103.12M (high $120.25M, low $90.54M), average SG&A $268.39M (high $302.68M, low $243.2M), and average EPS is $1.31 (high $1.52, low $1.15).
Did the ASPN's actual financial results beat the analysts' financial forecasts?
Based on Aspen Aerogels's last annual report (Dec 2023), the company's revenue was $238.72M, beating the average analysts forecast of $226.99M by 5.17%. Apple's EBITDA was $-33.885M, missing the average prediction of $-58.026M by -41.60%. The company's net income was $-45.811M, missing the average estimation of $-76.349M by -40.00%. Apple's SG&A was $89.77M, beating the average forecast of $68.48M by 31.09%. Lastly, the company's EPS was $-0.66, missing the average prediction of $-1.144 by -42.32%. In terms of the last quarterly report (Dec 2023), Aspen Aerogels's revenue was $84.22M, beating the average analysts' forecast of $80.85M by 4.17%. The company's EBITDA was $5.94M, missing the average prediction of $-19.58M by -130.36%. Aspen Aerogels's net income was $-519K, missing the average estimation of $-8.995M by -94.23%. The company's SG&A was $24.16M, missing the average forecast of $25.45M by -5.08%. Lastly, the company's EPS was $-0.0074, missing the average prediction of $-0.114 by -93.50%