Aspen Aerogels

Aspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. Its products include Cryogel, Pyrogel, and Spaceloft. The company was founded by Hamed S. Borhanian, Patrick J. Piper, and Kang P. Lee in May 2001 and is headquartered in Northborough, MA.

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Aspen Aerogels reports record revenue and sets ambitious growth targets

Aspen Aerogels achieved record revenue in Q4 2022 and aims for significant growth in 2023.
The company's focus on thermal barrier products and strong financial partnerships position them well.
Challenges include uncertainties around General Motors' decisions and operational transitions.
Opportunities lie in expanding revenue capacity, advanced pricing discussions, and operational efficiency.

Aspen Aerogels reports strong Q1 growth, eyes EV market expansion

Aspen Aerogels' Q1 performance reflects solid revenue growth, strategic investments in EV thermal barriers, and ongoing cost management efforts to drive sustainable growth and profitability.
The company's strengths lie in diversified revenue streams, strong market positioning in the EV sector, and a focus on operational efficiency and quality standards to enhance competitiveness.
While facing challenges in achieving positive EBITDA and navigating regulatory uncertainties, Aspen Aerogels has ample opportunities for growth through EV market expansion, financing optimization, and strategic partnerships.
Overall, Aspen Aerogels' performance in Q1 sets a positive trajectory for future growth, with a clear focus on innovation, operational excellence, and maximizing shareholder value.

Aspen Aerogels reports strong Q2 earnings, eyes EV design wins

Aspen Aerogels' Q2 2023 earnings call highlighted strong financial performance, emphasis on profitability, and confidence in securing design wins with EV OEMs. The company faces challenges in revenue constraints and balancing production timelines but sees opportunities in securing OEM contracts and pursuing LNG projects.

Aspen Aerogels achieves record Q3 revenue, eyes future growth opportunities

Aspen Aerogels reported strong Q3 performance with record revenue and improved outlook for 2023, focusing on profitability and shareholder value.
The company is strategically positioning itself for growth, with a clear roadmap towards $550 million annual revenue and ongoing advancements in technology.
Challenges include delays in integrating products and managing growth, but opportunities lie in new customer acquisitions and revenue expansion.
Overall, Aspen Aerogels is optimistic about future prospects, with a strong foundation in place for continued success and innovation.

Aspen Aerogels (ASPN) reports record revenue and strategic growth focus

Aspen Aerogels (ASPN) reported strong Q4 2023 performance with record revenue and a focus on EV market positioning and profitability goals.
The company faces challenges in material shipments, maintaining margins amidst costs, and ensuring inventory management for sustained growth.
Opportunities include progressing silicon anode activities, additional OEM launches, capacity expansions, and DOE loan potential for growth.
Overall, Aspen Aerogels showcases financial stability, strategic foresight, and market responsiveness in pursuit of growth and profitability.

Aspen Aerogels reports robust Q1 performance and raises 2024 outlook

Aspen Aerogels delivered strong financial performance, raising revenue and adjusted EBITDA outlook for 2024.
The company's focus on operational efficiency, customer relationships, and innovative solutions positions it well for future growth.
Challenges in capacity constraints and gross margin trajectory require careful management to sustain growth momentum.
Opportunities in battery pack designs, OEM collaborations, and Plant II restart offer avenues for expansion and revenue enhancement.

Aspen Aerogels excels in Q3, raises outlook and secures funding

Aspen Aerogels delivered impressive Q3 results, raising revenue outlook and securing significant funding for expansion. The company's focus on profitability and financial strength positions them well for future growth despite existing uncertainties.

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Aspen Aerogels has seen significant growth and improved operating leverage recently, resulting in increased investor confidence. The company focuses on high-performance aerogel insulation for energy infrastructure facilities, yet it is the battery insulation business which drives the business here. The potential for growth in the thermal insulation market, particularly in the electric vehicle sector, could lead to substantial long-term profits for Aspen Aerogels and its investors.

Aspen Aerogels: Impressive And Intriguing

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NORTHBOROUGH, Mass. , March 4, 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 present at the 36th Annual ROTH Conference on Monday, March 18, 2024, to be held at The Ritz-Carlton, Laguna Niguel, CA.

Aspen Aerogels to Present at the 36th Annual ROTH Conference

Aspen Aerogels easily beat estimates for revenue and earnings with its fourth quarter. The sustainability and electrification solutions company credited investments in the EV Thermal Barrier business.

Why Aspen Aerogels Stock Popped Today

Aspen Aerogels, Inc. (ASPN) Q4 2023 Earnings Call Transcript

When it comes to reporting and trading, small-cap stocks usually get overlooked due to the lack of information, interest, or both. However, in the sea of options, hidden gems hold the potential to increase their value multiple times in the future, and Aspen Aerogels (NYSE: ASPN) might be one of these.

Small cap stock that could be a hidden gem

Aspen Aerogels (ASPN) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.20 per share a year ago.

Aspen Aerogels (ASPN) Reports Q4 Loss, Tops Revenue Estimates

$84.2 million quarterly revenue enabled gross margins of 35% and adjusted EBITDA of $9.1 million NORTHBOROUGH, Mass. , Feb. 12, 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 fourth quarter and full year 2023, which ended December 31, 2023, and discussed recent business developments.

Aspen Aerogels, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results and Recent Business Highlights

Aspen Aerogels (ASPN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for Aspen Aerogels (ASPN) This Earnings Season?

Aspen Aerogels (ASPN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Aspen Aerogels (ASPN) Expected to Beat Earnings Estimates: Should You Buy?

NORTHBOROUGH, Mass. , Jan. 30, 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 present at Wolfe Research's Global Auto and Auto Tech Conference on Thursday, February 15, 2024, to be held at the Wolfe Office, New York, NY.

Aspen Aerogels to Present at Wolfe Research's Global Auto and Auto Tech Conference

NORTHBOROUGH, Mass. , Jan. 23, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) (the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C.

Aspen Aerogels, Inc. Schedules Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

Aspen (ASPN) expects a positive adjusted EBITDA for the fourth quarter on strong revenues and operating efficiencies.

Aspen (ASPN) Provides Preliminary Revenue Results & Guidance

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Pre-Announces Full Year 2023 Revenues of $238 million ; $84 million in Q4 Supplemental supply for Energy Industrial products initiated in Q4 Potential to Deliver Over 47% YoY revenue growth in 2024 NORTHBOROUGH, Mass. , Jan. 11, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced preliminary full year 2023 revenue results, a preliminary 2024 revenue outlook, and the initial shipments through its supplemental aerogel supply for its Energy Industrial business.

Aspen Aerogels, Inc. Provides Business Update

Aspen's advanced aerogel technology has a tremendous opportunity in the EV and energy storage markets. Growth in the thermal barrier sales should lead to big revenues and earnings for many years to come. Aspen should be EBITDA+ this year GAAP profitable next year.

Powering Up The EV Market: Mini Deep Dive On Aspen Aerogels

The mean of analysts' price targets for Aspen Aerogels (ASPN) points to a 54.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think Aspen Aerogels (ASPN) Could Surge 54.53%: Read This Before Placing a Bet

NORTHBOROUGH, Mass. , Dec. 20, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that it has entered into a securities purchase agreement with Hood River Capital Management and certain other institutional investors for the purchase and sale in a registered direct offering of 6,060,607 shares of common stock at an offering price of $12.375 per share.

Aspen Aerogels, Inc. Announces $75 Million Registered Direct Offering

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Recent Price Trend in Aspen Aerogels (ASPN) is Your Friend, Here's Why

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NORTHBOROUGH, Mass. , Dec. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced a commercial award for its PyroThin® EV Thermal Barrier segment and provided an update on its application for a loan through the U.S. Department of Energy Loan Programs Office.

Aspen Aerogels, Inc. Announces Additional EV Thermal Barrier Commercial Award and Provides Update on U.S. Department of Energy Loan Application Status

The consensus price target hints at a 93.2% upside potential for Aspen Aerogels (ASPN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Aspen Aerogels (ASPN) Could Rally 93.19%: Here's is How to Trade

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NORTHBOROUGH, Mass. , Nov. 21, 2023 /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 at Janney's Inaugural Clean Energy Investment Symposium on Tuesday, December 5, and Wednesday, December 6, 2023, to be held at Tulane University, New Orleans, LA.

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