B. Riley Has Bearish Outlook for Aspen Aerogels Q1 Earnings

Aspen Aerogels, Inc. (NYSE:ASPN) – Investment analysts at B. Riley decreased their Q1 2025 earnings per share estimates for Aspen Aerogels in a report issued on Wednesday, February 19th. B. Riley analyst R. Pfingst now forecasts that the construction company will earn ($0.08) per share for the quarter, down from their previous estimate of $0.09. B. Riley currently has a “Buy” rating and a $22.00 target price on the stock. The consensus estimate for Aspen Aerogels’ current full-year earnings is $0.22 per share. B. Riley also issued estimates for Aspen Aerogels’ Q2 2025 earnings at $0.02 EPS and FY2025 earnings at $0.22 EPS.

Aspen Aerogels (NYSE:ASPN) last posted its quarterly earnings data on Wednesday, February 12th. The construction company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.11. Aspen Aerogels had a net margin of 2.95% and a return on equity of 7.49%.

Other research analysts have also issued reports about the company. Canaccord Genuity Group decreased their price objective on Aspen Aerogels from $20.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, February 14th. Roth Mkm lowered their price objective on Aspen Aerogels from $22.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, February 14th. Barclays cut their target price on shares of Aspen Aerogels from $25.00 to $13.00 and set an “overweight” rating on the stock in a research report on Wednesday. Craig Hallum lowered their price target on shares of Aspen Aerogels from $21.00 to $18.00 and set a “buy” rating for the company in a research report on Friday, February 14th. Finally, Seaport Res Ptn lowered shares of Aspen Aerogels from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $22.44.

Aspen Aerogels Price Performance

ASPN opened at $8.14 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.93 and a quick ratio of 2.48. The stock has a market capitalization of $667.48 million, a P/E ratio of 50.85 and a beta of 2.14. The company’s 50 day simple moving average is $11.85 and its 200-day simple moving average is $18.22. Aspen Aerogels has a one year low of $8.02 and a one year high of $33.15.

Hedge Funds Weigh In On Aspen Aerogels

Several institutional investors and hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC lifted its stake in Aspen Aerogels by 415.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 238,884 shares of the construction company’s stock valued at $6,615,000 after buying an additional 192,520 shares in the last quarter. Dakota Wealth Management bought a new position in Aspen Aerogels during the 3rd quarter worth about $986,000. Rice Hall James & Associates LLC raised its stake in shares of Aspen Aerogels by 19.9% in the 3rd quarter. Rice Hall James & Associates LLC now owns 535,113 shares of the construction company’s stock valued at $14,817,000 after purchasing an additional 88,711 shares during the period. Pursue Wealth Partners LLC bought a new stake in shares of Aspen Aerogels in the third quarter valued at about $222,000. Finally, Bridgewater Advisors Inc. boosted its position in shares of Aspen Aerogels by 37.8% during the third quarter. Bridgewater Advisors Inc. now owns 77,357 shares of the construction company’s stock worth $2,142,000 after buying an additional 21,218 shares during the period. 97.64% of the stock is currently owned by institutional investors and hedge funds.

About Aspen Aerogels

Aspen Aerogels, Inc designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier.