Aspen Aerogels, Inc. (ASPN)Industrials | Building Products & Equipment | Northborough, United States | NYSE
5.18 USD
+0.02
(0.388%)
⇧
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:54 a.m. EDT
The investment case for Aspen Aerogels is currently broken by a perfect storm of deteriorating fundamentals and a hostile market structure. The company is hemorrhaging value, reporting a massive net loss for 2025 alongside a staggering 52% contraction in revenue growth. Fundamentally, the business is trapped: it generates negative operating margins and negative returns on equity, while the balance sheet shows signs of distress with debt exceeding cash reserves. The market has rightly punished this reality, driving the stock down 74% year-over-year. Short-term, the outlook remains bleak. The recent price action shows a continued grind lower, testing the 5.00 psychological support level. The statistical forecasting models are unreliable here due to the chaotic nature of the price action, offering no clear directional edge. More importantly, the options market is screaming 'sell' or 'hold,' with traders pouring capital into put options to protect against further declines rather than betting on a recovery. This asymmetry suggests that even if the company posts a small positive quarter, the broader trend of devaluation is likely to persist until the strategic review mentioned in recent headlines yields concrete, transformative results. Until the bleeding stops and revenue growth turns positive, this remains a speculative trap. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.408549 |
| AutoETS | 0.414977 |
| AutoTheta | 0.471582 |
| AutoARIMA | 0.522130 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 25% |
| H-stat | 2.72 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 1.22 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Debt to Equity Ratio | 60.339 |
| Revenue per Share | 2.791 |
| Market Cap | 429,305,216 |
| Forward P/E | -49.65 |
| Beta | 2.98 |
| Profit Margins | -48.64% |
| Website | https://www.aerogel.com |
As of July 11, 2026, 3:54 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes at 2.5 and 10.0) compared to calls. The implied volatility skew is extreme, with deep OTM puts trading at significantly higher IV than calls, indicating a market expectation of a sharp drop rather than a rally. While there is some call volume at the 7.5 strike, the overwhelming capital deployment is in hedging against further losses.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.21461189 |
| Address1 | Building B |
| Address2 | 30 Forbes Road |
| All Time High | 65.986 |
| All Time Low | 1.6 |
| Ask | 0.0 |
| Ask Size | 2,900 |
| Audit Risk | 2 |
| Average Daily Volume10 Day | 1,494,950 |
| Average Daily Volume3 Month | 1,661,754 |
| Average Volume | 1,661,754 |
| Average Volume10Days | 1,494,950 |
| Beta | 2.983 |
| Bid | 0.0 |
| Bid Size | 2,700 |
| Board Risk | 5 |
| Book Value | 2.578 |
| City | Northborough |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.18 |
| Current Ratio | 2.893 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 5.22 |
| Day Low | 5.075 |
| Debt To Equity | 60.339 |
| Display Name | Aspen Aerogels |
| Earnings Call Timestamp End | 1,778,157,000 |
| Earnings Call Timestamp Start | 1,778,157,000 |
| Earnings Timestamp | 1,778,157,000 |
| Earnings Timestamp End | 1,786,019,400 |
| Earnings Timestamp Start | 1,786,019,400 |
| Ebitda | -24,214,000 |
| Ebitda Margins | -0.10516 |
| Enterprise To Ebitda | -15.869 |
| Enterprise To Revenue | 1.669 |
| Enterprise Value | 384,258,208 |
| Eps Current Year | -0.7175 |
| Eps Forward | -0.10433 |
| Eps Trailing Twelve Months | -1.36 |
| Esg Populated | 0 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 508 691 1200 |
| Fifty Day Average | 5.4952 |
| Fifty Day Average Change | -0.31520033 |
| Fifty Day Average Change Percent | -0.057359207 |
| Fifty Two Week Change Percent | -21.46119 |
| Fifty Two Week High | 9.78 |
| Fifty Two Week High Change | -4.6 |
| Fifty Two Week High Change Percent | -0.47034764 |
| Fifty Two Week Low | 2.3 |
| Fifty Two Week Low Change | 2.8799999 |
| Fifty Two Week Low Change Percent | 1.2521739 |
| Fifty Two Week Range | 2.3 - 9.78 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,402,666,200,000 |
| Float Shares | 76,703,912 |
| Forward Eps | -0.10433 |
| Forward P E | -49.650146 |
| Free Cashflow | 40,141,376 |
| Full Exchange Name | NYSE |
| Full Time Employees | 854 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.21524 |
| Gross Profits | 49,562,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.16223 |
| Held Percent Institutions | 0.70415 |
| Implied Shares Outstanding | 82,877,453 |
| Industry | Building Products & Equipment |
| Industry Disp | Building Products & Equipment |
| Industry Key | building-products-equipment |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | Aspen Aerogels, Inc., an aerogel technology company, designs, develops, manufactures, and sells aerogel materials primarily for use in the energy industrial, sustainable insulation materials, and electric vehicle (EV) markets in the United States, Canada, Asia, Europe, and Latin America. It operates through two segments: Thermal Barrier and Energy Industrial. The company offers PyroThin aerogel thermal barriers for use in battery packs in EVs; Pyrogel XTE for refineries and petrochemical facilities; Pyrogel HPS for high temperatures and in demanding thermal applications in refining and chemical processing systems; Pyrogel XTF for protection against fire; Cryogel Z for sub-ambient and cryogenic applications; Spaceloft Subsea for pipe-in-pipe applications in offshore oil production; and Cryogel X201 for cold system designs. It serves EV manufacturers, automotive suppliers, lithium-ion battery manufacturers, and e-mobility and energy storage companies. The company was founded in 2001 and is headquartered in Northborough, Massachusetts. |
| Long Name | Aspen Aerogels, Inc. |
| Market | us_market |
| Market Cap | 429,305,216 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_3044099 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -111,994,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 427,647,657 |
| Number Of Analyst Opinions | 5 |
| Open | 5.16 |
| Operating Cashflow | 61,385,000 |
| Operating Margins | -0.53867 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Phone | 508 691 1111 |
| Pre Market Change | -0.025000095 |
| Pre Market Change Percent | -0.4821619 |
| Pre Market Price | 5.16 |
| Pre Market Time | 1,784,016,019 |
| Previous Close | 5.16 |
| Price Eps Current Year | -7.2195125 |
| Price Hint | 2 |
| Price To Book | 2.0093095 |
| Price To Sales Trailing12 Months | 1.8644044 |
| Profit Margins | -0.48637 |
| Quick Ratio | 2.395 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.02 |
| Regular Market Change Percent | 0.387597 |
| Regular Market Day High | 5.22 |
| Regular Market Day Low | 5.075 |
| Regular Market Day Range | 5.075 - 5.22 |
| Regular Market Open | 5.16 |
| Regular Market Previous Close | 5.16 |
| Regular Market Price | 5.18 |
| Regular Market Time | 1,783,972,803 |
| Regular Market Volume | 913,940 |
| Return On Assets | -0.060539998 |
| Return On Equity | -0.42395002 |
| Revenue Growth | -0.519 |
| Revenue Per Share | 2.791 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 82,877,453 |
| Shares Percent Shares Out | 0.0857 |
| Shares Short | 7,102,074 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 7,089,306 |
| Short Name | Aspen Aerogels, Inc. |
| Short Percent Of Float | 0.1014 |
| Short Ratio | 4.6 |
| Source Interval | 15 |
| State | MA |
| Symbol | ASPN |
| Target High Price | 8.0 |
| Target Low Price | 4.0 |
| Target Mean Price | 6.35 |
| Target Median Price | 7.0 |
| Total Cash | 173,870,000 |
| Total Cash Per Share | 2.098 |
| Total Debt | 128,823,000 |
| Total Revenue | 230,264,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.36 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 4.59795 |
| Two Hundred Day Average Change | 0.58204985 |
| Two Hundred Day Average Change Percent | 0.12658899 |
| Type Disp | Equity |
| Volume | 913,940 |
| Website | https://www.aerogel.com |
| Zip | 1,532 |