Stocks · Basic Materials · Chemicals - Specialty
Aspen Aerogels, Inc. ASPN
$5.69 +2.34% Close, Oct 2, 2026 · NYSE · Market cap $471.6M
High qualityHigh risk
Next earnings report: Nov 5, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 100.9% from -68.6% a year earlier.
- Revenue over the last four quarters was $202.1M, down 49.1% from a year earlier.
- The stock is in an uptrend: above its 200-day average for 46 trading days, with the 50-day average above the 200-day.
PromtFinance scores
Each score is a percentile within the Basic Materials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 2%
- Revenue growth, 3-year CAGRTop 15%
- Revenue growth accelerationBottom 26%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 1%
- Gross marginBottom 7%
- Operating marginTop 1%
- Accruals (lower is better)Top 3%
- Interest coverTop 8%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 8%
- Free-cash-flow yieldTop 17%
- EBITDA / enterprise valueBottom 5%
- Sales / enterprise valueBottom 46%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 8%
- 6-month returnTop 3%
- 1-year return vs S&P 500Bottom 21%
- Distance from 52-week highBottom 34%
- Trend checklist (0–4)Top 4%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 16%
- Consecutive EPS beatsBottom 21%
- Share of analysts rating BuyTop 16%
- Upside to consensus price targetBottom 16%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 7%
- Maximum drawdown, 3 yearsBottom 2%
- Beta vs S&P 500 (lower is better)Bottom 12%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -47.3% | -49.1% | ↓ |
| Gross margin | 36.3% | 2.7% | ↓ |
| Operating margin | -68.6% | 100.9% | ↑ |
| FCF margin | -0.8% | 18.6% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -49.1% | -47.3% | ↓ | Bottom 2% |
| Gross margin | 2.7% | 36.3% | ↓ | Bottom 7% |
| Operating margin | 100.9% | -68.6% | ↑ | Top 1% |
| Net margin | -62.4% | -78.5% | ↑ | — |
| Free-cash-flow margin | 18.6% | -0.8% | ↑ | — |
| Return on invested capital | 60.3% | — | Top 1% | |
| Revenue growth, 3-year CAGR | 14.5% | — | Top 15% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -44.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +2.0 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- Net cash
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 38.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- -0.35%
- Shareholder yield
- -0.35%
- Share count change, 1 year
- +0.9%
- Share count change, 3-year CAGR
- +6.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 7, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- -73.2%
- Average 2-day reaction, last 8
- -6.9%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $6.38
- Target vs current price
- +12.1%
- Analysts with a rating
- 23
- Share rating Buy or Strong Buy
- 83%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 6, 2026 | -23.1% | +37.5% | +22.8% | -1.8% | — |
| May 7, 2026 | -3.7% | +24.3% | +31.1% | +51.2% | +14.8% |
| Feb 25, 2026 | -225.9% | -27.8% | -6.2% | -9.0% | +43.3% |
| Nov 6, 2025 | -40.1% | -44.5% | -53.7% | -51.0% | -54.8% |
| Aug 7, 2025 | +8.3% | -8.1% | -9.3% | -22.9% | -8.6% |
| May 8, 2025 | -5142.9% | -24.3% | +0.7% | +1.8% | +38.5% |
| Feb 12, 2025 | +275.0% | -3.2% | -31.6% | -39.3% | -64.5% |
| Nov 6, 2024 | -70.0% | -8.9% | -14.6% | -22.5% | -37.3% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 6, 2026 | -$0.28 | -$0.23 | -23.1% | $49.8M |
| May 7, 2026 | -$0.28 | -$0.27 | -3.7% | $37.9M |
| Feb 25, 2026 | -$0.88 | -$0.27 | -225.9% | $41.3M |
| Nov 6, 2025 | -$0.06 | -$0.04 | -40.1% | $73.0M |
| Aug 7, 2025 | -$0.11 | -$0.12 | +8.3% | $78.0M |
| May 8, 2025 | -$3.67 | -$0.07 | -5142.9% | $78.7M |
| Feb 12, 2025 | $0.15 | $0.04 | +275.0% | $123.1M |
| Nov 6, 2024 | -$0.17 | -$0.10 | -70.0% | $117.3M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / Sales | 2.20× | — | — | Bottom 46% |
| Free-cash-flow yield | 7.96% | — | — | Top 17% |
| Earnings yield | -26.89% | — | — | Bottom 8% |
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 4
- Days above the 200-day average
- 46
- 50-day average slope (20 days)
- -1.9%
- 200-day average slope (20 days)
- +4.5%
- Distance from 50-day average
- +9.1%
- Distance from 200-day average
- +28.2%
- RSI (14)
- 61.7
- Relative volume
- 0.89×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 90.0%
- Volatility vs own 5-year history
- 65th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.75
- Correlation with S&P 500
- 0.34
- Current drawdown from 1-year high
- -35.5%
- Maximum drawdown, 3 years
- -91.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 18, 2021 | Feb 25, 2026 | -96.0% | 1069 days | Not yet recovered |
| Feb 10, 2021 | Apr 20, 2021 | -34.9% | 47 days | 50 days (Jun 30, 2021) |
| Oct 23, 2020 | Oct 28, 2020 | -16.3% | 3 days | 19 days (Nov 24, 2020) |
| Jul 12, 2021 | Jul 19, 2021 | -14.6% | 5 days | 2 days (Jul 21, 2021) |
| Jul 28, 2021 | Aug 16, 2021 | -13.4% | 13 days | 3 days (Aug 19, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $471.6M
- EPS, diluted (TTM)
- -$1.53
- Revenue (TTM)
- $202.1M
- 52-week range
- $2.30 – $9.35
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $121.6M | $180.4M | $238.7M | $452.7M | $271.1M |
| Gross profit | $9.9M | $5.0M | $56.9M | $182.9M | $46.0M |
| Operating income | -$40.6M | -$79.2M | -$49.2M | $54.5M | -$51.4M |
| Net income | -$37.1M | -$82.7M | -$45.8M | $13.4M | -$389.6M |
| EPS (diluted) | -$1.22 | -$2.19 | -$0.66 | $0.17 | -$4.74 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $117.3M | $123.1M | $78.7M | $78.0M | $73.0M | $41.3M | $37.9M | $49.8M |
| Net income | -$13.0M | $11.4M | -$301.2M | -$9.1M | -$6.3M | -$72.9M | -$23.7M | -$23.3M |
| EPS (diluted) | -$0.17 | $0.14 | -$3.67 | -$0.11 | -$0.08 | -$0.88 | -$0.29 | -$0.28 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$18.6M | -$94.4M | -$42.6M | $45.5M | $32.9M |
| Capital expenditure | -$13.8M | -$178.0M | -$175.5M | -$86.3M | -$37.4M |
| Free cash flow | -$32.4M | -$272.4M | -$218.1M | -$40.7M | -$4.6M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $94.4M | $391.3M | $76.5M | $93.8M | $1.9M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $151.7M
- Total assets
- $392.9M
- Total liabilities
- $200.5M
- Total debt
- $125.1M
- Net debt
- -$26.6M
- Shareholders’ equity
- $192.5M
As of Jun 30, 2026 (filed Aug 7, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Dec 3, 2009 | $0.73 | — |
| Nov 16, 2006 | $0.05 | Dec 6, 2006 |
Short interest
- Shares sold short
- 9,064,528
- Days to cover
- 13.93
- Change vs previous report
- +7.9%
FINRA short interest, settlement date Sep 15, 2026.