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Aspen Aerogels, Inc. (ASPN)

Industrials | Building Products & Equipment | Northborough, United States | NYSE
3.48 USD -0.04 (-1.136%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 3.47 -0.01 (-0.010%) ⇩ (April 17, 2026, 8 p.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 1:15 a.m. EDT

Local Decision Energy (LDE) has not yet reached product-mission fit. Despite Q3 revenue growth, the company continues to bleed cash, evidenced by -92% negative return on equity, negative operating margins, and a 14-day price chart showing a clear trend reversal from multi-year highs to the lows. While insiders are reportedly pleased after a 67% annual recovery from the depths, the fundamental story remains broken with no dividend yield, massive dilution risk, and only weak alpha presence in the building materials space. The current price action is a technical bounce off the lows, not a trend reversal, especially given the high short interest and negative analyst consensus adjusted for potential earnings misses.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.055493
AutoETS0.061660
MSTL0.067366
AutoARIMA0.129435

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 66%
H-stat 1.09
Ljung-Box p 0.123
Jarque-Bera p 0.000
Excess Kurtosis 5.18
Attribute Value
Sector Industrials
Debt to Equity Ratio 61.017
Revenue per Share 3.293
Market Cap 288,233,088
Forward P/E -870.00
Beta 2.90
Profit Margins -143.69%
Website https://www.aerogel.com

As of April 19, 2026, 1:15 a.m. EDT: Options data reveals a bifurcated market expecting a near-term floor or gap down, with significant Out-of-the-Money (OTM) put open interest concentrated at strikes 2.5 and 5.0 across multiple expirations (up to 2026-08-21 and beyond). The near-dated 2026-04-17 calls show declining implied volatility despite flat positioning, while longer-dated 2028 calls show low volume put positioning at higher strikes ($12.5), suggesting a lack of speculative longs. However, the heavy OTM put structure (OI > Vol for nearest expirations) signals a 'short gamma' landscape where traders are hedging against a drop or betting on a breakdown below current levels, despite the recent price recovery.


Info Dump

Attribute Value
52 Week Change -0.31360948
Address1 Building B
Address2 30 Forbes Road
All Time High 65.986
All Time Low 1.6
Ask 3.51
Ask Size 4,200
Audit Risk 2
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 1,380,620
Average Daily Volume3 Month 1,512,112
Average Volume 1,512,112
Average Volume10Days 1,380,620
Beta 2.898
Bid 3.43
Bid Size 3,600
Board Risk 4
Book Value 2.847
City Northborough
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 5
Country United States
Crypto Tradeable 0
Currency USD
Current Price 3.48
Current Ratio 3.903
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 3.725
Day Low 3.4202
Debt To Equity 61.017
Display Name Aspen Aerogels
Earnings Call Timestamp End 1,772,026,200
Earnings Call Timestamp Start 1,772,026,200
Earnings Timestamp 1,772,026,200
Earnings Timestamp End 1,778,157,000
Earnings Timestamp Start 1,778,157,000
Ebitda -6,235,000
Ebitda Margins -0.023
Enterprise To Ebitda -44.119
Enterprise To Revenue 1.015
Enterprise Value 275,083,104
Eps Current Year -0.7775
Eps Forward -0.004
Eps Trailing Twelve Months -4.73
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 3.39
Fifty Day Average Change 0.089999914
Fifty Day Average Change Percent 0.026548646
Fifty Two Week Change Percent -31.360949
Fifty Two Week High 9.78
Fifty Two Week High Change -6.2999997
Fifty Two Week High Change Percent -0.6441718
Fifty Two Week Low 2.3
Fifty Two Week Low Change 1.1800001
Fifty Two Week Low Change Percent 0.5130435
Fifty Two Week Range 2.3 - 9.78
Financial Currency USD
First Trade Date Milliseconds 1,402,666,200,000
Float Shares 77,494,119
Forward Eps -0.004
Forward P E -869.99994
Free Cashflow 29,469,500
Full Exchange Name NYSE
Full Time Employees 854
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,775,001,600
Gross Margins 0.16966999
Gross Profits 45,998,000
Has Pre Post Market Data 1
Held Percent Insiders 0.16152
Held Percent Institutions 0.71025
Implied Shares Outstanding 82,825,603
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 288,233,088
Market State CLOSED
Max Age 86,400
Message Board Id finmb_3044099
Most Recent Quarter 1,767,139,200
Net Income To Common -389,552,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 288,233,098
Number Of Analyst Opinions 5
Open 3.54
Operating Cashflow 32,872,000
Operating Margins -1.14688
Overall Risk 5
Payout Ratio 0.0
Phone 508 691 1111
Post Market Change -0.010100126
Post Market Change Percent -0.29023352
Post Market Price 3.4699
Post Market Time 1,776,470,400
Previous Close 3.52
Price Eps Current Year -4.4758844
Price Hint 4
Price To Book 1.2223394
Price To Sales Trailing12 Months 1.0631866
Profit Margins -1.43692
Quick Ratio 3.098
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.83333
Region US
Regular Market Change -0.04
Regular Market Change Percent -1.13636
Regular Market Day High 3.725
Regular Market Day Low 3.4202
Regular Market Day Range 3.4202 - 3.725
Regular Market Open 3.54
Regular Market Previous Close 3.52
Regular Market Price 3.48
Regular Market Time 1,776,456,003
Regular Market Volume 1,676,116
Return On Assets -0.04935
Return On Equity -0.91635
Revenue Growth -0.664
Revenue Per Share 3.293
Sand P52 Week Change 0.38150132
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 8
Shares Outstanding 82,825,603
Shares Percent Shares Out 0.0752
Shares Short 6,232,371
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 7,449,281
Short Name Aspen Aerogels, Inc.
Short Percent Of Float 0.088999994
Short Ratio 4.6
Source Interval 15
State MA
Symbol ASPN
Target High Price 6.0
Target Low Price 3.0
Target Mean Price 4.2
Target Median Price 4.0
Total Cash 156,856,992
Total Cash Per Share 1.894
Total Debt 143,707,008
Total Revenue 271,103,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -4.73
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.1167
Two Hundred Day Average Change -1.6367002
Two Hundred Day Average Change Percent -0.31987417
Type Disp Equity
Volume 1,676,116
Website https://www.aerogel.com
Zip 1,532