Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy grid industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market; Pyrogel XTF to provide protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; and Spaceloft Subsea for use in pipe-in-pipe applications in offshore oil production. It also offers Spaceloft Grey and Spaceloft A2 for use in the building materials market; and Cryogel X201, which is used in designing cold systems, such as refrigerated appliances, cold storage equipment, and aerospace systems. Aspen Aerogels, Inc. was founded in 2001 and is headquartered in Northborough, Massachusetts.
IPO Year: 2014
Exchange: NYSE
Website: aerogel.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/11/2025 | $16.00 | Equal Weight → Underweight | Barclays |
| 5/29/2025 | $7.00 | Overweight → Equal Weight | Barclays |
| 5/8/2025 | Outperform → Perform | Oppenheimer | |
| 3/7/2025 | $11.00 | Buy | TD Cowen |
| 2/13/2025 | Buy → Neutral | Seaport Research Partners | |
| 8/6/2024 | $27.00 | Overweight | Barclays |
| 3/6/2024 | $22.00 | Buy | ROTH MKM |
| 3/20/2023 | $14.00 | Hold → Buy | The Benchmark Company |
| 10/21/2022 | $20.00 | Buy | Canaccord Genuity |
| 2/18/2022 | $72.00 → $68.00 | Overweight | Piper Sandler |
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4 - ASPEN AEROGELS INC (0001145986) (Issuer)
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4 - ASPEN AEROGELS INC (0001145986) (Issuer)
4 - ASPEN AEROGELS INC (0001145986) (Issuer)
4 - ASPEN AEROGELS INC (0001145986) (Issuer)
4 - ASPEN AEROGELS INC (0001145986) (Issuer)
4 - ASPEN AEROGELS INC (0001145986) (Issuer)
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NORTHBOROUGH, Mass., June 03, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in aerogel-based sustainability and electrification solutions, today announced that it has been named a 2025 General Motors Supplier of the Year. The recognition, presented as part of GM's 34th annual Supplier of the Year awards, highlights Aspen's innovation and its role in GM's electric vehicle thermal management strategy. "We are honored to receive a Supplier of the Year award from General Motors, adding to our Overdrive Award from a few years ago," said Don Young, President and CEO. "This recognition reflects the ongoing strength of our relations
NORTHBOROUGH, Mass., May 14, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today announced the successful initiation of a staged restart of its manufacturing operations at its East Providence, Rhode Island facility. The restart began after comprehensive mechanical, operational, and safety reviews conducted in close coordination with local, state, and federal agencies following the incident on April 8th. During this period, Aspen completed rigorous inspections of the facility, executed detailed safety reviews of all equipment, and conducted extensive equipment testing so that the plant meets all operational standards necessary for restart. The company
East Providence manufacturing facility expected to have a staged restart beginning in May$175.6 million quarter-end cash balance; up from $158.6 million at year-end 2025Secured an additional subsea pipeline award to be delivered in Q3 2026 NORTHBOROUGH, Mass., May 07, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the first quarter of 2026, and discussed recent business developments. First Quarter 2026 Results Total revenue for the first quarter of 2026 was $37.9 million, compared to $78.7 million in the prior year period. During the first quar
NORTHBOROUGH, Mass., April 23, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Grant Thoele, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the first quarter ended March 31, 2026, during a conference call scheduled for Thursday, May 7, 2026, at 8:30 a.m. ET. The Company also expects to release its quarterly financial results before the market opens on Thursday, May 7, 2026. Shareholders and other interested parties may participate in the conference call by dialing +1 (833) 461-5787 (domestic) or +1 (585) 542-9983 (international) and ente
NORTHBOROUGH, Mass., April 21, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today provided an update on its manufacturing facility in East Providence, Rhode Island. As previously reported, an explosion occurred at Aspen's manufacturing facility in East Providence, Rhode Island on the evening of April 8, 2026. The explosion damaged a portion of the facility's production space and required the temporary cessation of operations. The investigation into the cause of the incident is ongoing. Preliminary reports indicate the explosion originated in a specific high-temperature oven. Eleven employees at the facility were transported to local medical faciliti
DENVER, April 14, 2026 (GLOBE NEWSWIRE) -- Recombinant spider silk produced by living organisms, ultra-light carbon fiber composites, and next-generation aerogels are no longer lab curiosities, they are already in hospitals, on battlefields, in performance apparel, and on spacecraft. These breakthroughs are delivering measurable gains in strength, sustainability, weight reduction, and functionality across medicine, military applications, high-performance textiles, and aerospace. This is materials science building the technologies of tomorrow, right now. The Science Behind Tomorrow's Materials Advanced materials science sits at the intersection of biology, chemistry, and engineering. Reco
NORTHBOROUGH, Mass., April 09, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today confirmed an incident occurred on the evening of April 8, 2026, at its manufacturing facility in East Providence, Rhode Island. The site is secure and the situation is under control. Eleven employees were transported to local medical facilities for evaluation; all have since been released. The well-being of the Company's team remains its top priority. The Company is currently assessing the impact of the incident. Aspen has initiated a full investigation to determine the cause and is cooperating fully with local authorities. The Company will provide further updates as
NORTHBOROUGH, Mass., March 16, 2026 (GLOBE NEWSWIRE) -- 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 in the 38th Annual Roth Conference on Monday, March 23, to be held at the Ritz Carlton in Laguna Niguel, CA. Don Young, President & Chief Executive Officer, and Neal Baranosky, Senior Director, Head of Investor Relations & Corporate Strategy, will be hosting one-on-one meetings with investors during the conference. For those interested in arranging a meeting with Aspen management, please contact your Roth representative. About Aspen Aerogels, I
$158.6 million year-end cash balance; $37.6 million GM commercial settlement payment expected in Q1 2026North Sea subsea pipeline award and continued European OEM program progressInitiated a strategic review to strengthen long-term competitive positioning NORTHBOROUGH, Mass., Feb. 25, 2026 (GLOBE NEWSWIRE) -- 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 2025 and discussed recent business developments. Fourth Quarter 2025 ResultsTotal revenue for the fourth quarter of 2025 was $41.3 million, compared to $123.1 million in the prior year
NORTHBOROUGH, Mass., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Grant Thoele, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the fourth quarter and year ended December 31, 2025, during a conference call scheduled for Wednesday, February 25, 2026, at 8:30 a.m. ET. The Company also expects to release its quarterly financial results before the market opens on Wednesday, February 25, 2026. Shareholders and other interested parties may participate in the conference call by dialing +1 (404) 975-4839 (domestic) or +1 (929) 526-159
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Live Leadership Updates
Seasoned financial leader with extensive public company experience and a proven track record in electrification and scaling advanced technologies joins Amprius to drive next phase of growth Amprius Technologies, Inc. ("Amprius" or the "Company") (NYSE:AMPX), a leader in next-generation lithium-ion batteries with its Silicon Anode Platform, today announced the appointment of Ricardo C. Rodriguez as Chief Financial Officer (CFO), effective immediately. As part of a planned transition and as previously disclosed, prior Company CFO Sandra Wallach is retiring and will support the Company in the short term. Rodriguez brings more than two decades of leadership experience in finance, strategy,
NORTHBOROUGH, Mass., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and thermal management solutions, today announced the appointment of Glenn Deegan as Chief Administrative Officer. Mr. Deegan will report directly to President and Chief Executive Officer Don Young and will be based at the company's Aerogel Technology Center in Northborough, Massachusetts. "I am thrilled to welcome Glenn Deegan to Aspen Aerogels as a member of our executive team," commented Don Young, President and CEO. "Glenn's leadership, expertise, and track record of driving organizational transformation will be invaluable as Aspe
NORTHBOROUGH, Mass., Aug. 15, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of Cari Robinson to its Board of Directors ("Board"). Ms. Robinson was also appointed to the Audit Committee and the Nominating, Governance and Sustainability Committee of the Board. Ms. Robinson, 61, currently serves as Senior Managing Director at August Strategic Communications, a strategic communications and crisis advisory firm, where she advises clients on matters in areas including reputation management, crisis management, litigation and investigations, and cybersecurity and
Accomplished Accounting Executive with 25+ Years of Business Experience NORTHBOROUGH, Mass., Sept. 14, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of Santhosh Daniel as its Chief Accounting Officer. Mr. Daniel will report to Ricardo C. Rodriguez, Aspen's Chief Financial Officer and Treasurer, and will oversee the Company's financial reporting, internal controls and auditing functions. Mr. Daniel, 52, has over twenty-five years of experience as a professional in public accounting and industry. Prior to joining the Company, he served as Vice President a
Accomplished Human Resources Executive with 25+ Years of Experience to Join Aspen; Kelley Conte, SVP of Human Resources, to Retire Following Valued Career Contributions at Aspen NORTHBOROUGH, Mass., Sept. 5, 2023 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of Stephanie Pittman as Chief Human Resources Officer. Ms. Pittman will report to Don Young, Aspen's President and Chief Executive Officer, joining the Company's Executive Committee. Ms. Pittman will succeed Kelley Conte, Senior Vice President of Human Resources, who will retire from Aspen following an impac
NORTHBOROUGH, Mass., Nov. 2, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of Katie Kool to its Board of Directors ("Board"). Kool was also appointed to the Audit Committee and the Nominating, Governance and Sustainability Committee of the Board. Kool most recently served as the Chief Executive Officer ("CEO") of Tide Cleaners, a wholly owned subsidiary of Procter & Gamble ("P&G"), until her retirement in June 2022. Under Kool's leadership as CEO, Tide Cleaners grew from 35 to 191 stores and was ranked 76th in Entrepreneur's Franchise 500 ranking, marking t
NORTHBOROUGH, Mass., Aug. 2, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of James Sweetnam to its Board of Directors, increasing the size of the Board to eight members. Jim previously served as the President and Chief Executive Officer, and a member of the board, of Dana Corporation, a Fortune 500 world leader in the design and manufacture of driveline components for light, medium and heavy-duty vehicle manufacturers in the automotive, comm
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East Providence manufacturing facility expected to have a staged restart beginning in May$175.6 million quarter-end cash balance; up from $158.6 million at year-end 2025Secured an additional subsea pipeline award to be delivered in Q3 2026 NORTHBOROUGH, Mass., May 07, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the first quarter of 2026, and discussed recent business developments. First Quarter 2026 Results Total revenue for the first quarter of 2026 was $37.9 million, compared to $78.7 million in the prior year period. During the first quar
NORTHBOROUGH, Mass., April 23, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Grant Thoele, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the first quarter ended March 31, 2026, during a conference call scheduled for Thursday, May 7, 2026, at 8:30 a.m. ET. The Company also expects to release its quarterly financial results before the market opens on Thursday, May 7, 2026. Shareholders and other interested parties may participate in the conference call by dialing +1 (833) 461-5787 (domestic) or +1 (585) 542-9983 (international) and ente
$158.6 million year-end cash balance; $37.6 million GM commercial settlement payment expected in Q1 2026North Sea subsea pipeline award and continued European OEM program progressInitiated a strategic review to strengthen long-term competitive positioning NORTHBOROUGH, Mass., Feb. 25, 2026 (GLOBE NEWSWIRE) -- 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 2025 and discussed recent business developments. Fourth Quarter 2025 ResultsTotal revenue for the fourth quarter of 2025 was $41.3 million, compared to $123.1 million in the prior year
NORTHBOROUGH, Mass., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Grant Thoele, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the fourth quarter and year ended December 31, 2025, during a conference call scheduled for Wednesday, February 25, 2026, at 8:30 a.m. ET. The Company also expects to release its quarterly financial results before the market opens on Wednesday, February 25, 2026. Shareholders and other interested parties may participate in the conference call by dialing +1 (404) 975-4839 (domestic) or +1 (929) 526-159
Full-year 2025 outlook updated to reflect lower near-term EV production in North AmericaPyroThin® award from a major EU OEM demonstrates technology leadership & supports growth opportunitiesLNG and Subsea project opportunities expected to drive Energy Industrial growth in 2026 NORTHBOROUGH, Mass., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the third quarter of 2025, and discussed recent business developments. Total revenue for the third quarter of 2025 was $73.0 million, compared to $117.3 million in the third quarter of 2024. Net
NORTHBOROUGH, Mass., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Grant Thoele, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the third quarter ended September 30, 2025, during a conference call scheduled for Thursday, November 6, 2025, at 8:30 a.m. ET. The Company also expects to release its quarterly financial results before the market opens on Thursday, November 6, 2025. Shareholders and other interested parties may participate in the conference call by dialing +1 (404) 975-4839 (domestic) or +1 (929) 526-1599 (internatio
$78 million in quarterly revenue resulted in 32% gross margins and ~2X Adjusted EBITDA improvement QoQCFO transition to internal successor during Q3 ensures continuation of strategic direction and executionFixed cost structure reductions are expected to drive incremental profit in the second half of the year NORTHBOROUGH, Mass., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the second quarter of 2025, and discussed recent business developments. Total revenue for the second quarter of 2025 was $78.0 million, compar
NORTHBOROUGH, Mass., July 17, 2025 (GLOBE NEWSWIRE) -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C. Rodriguez, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the second quarter ended June 30, 2025, during a conference call scheduled for Thursday, August 7, 2025, at 8:30 a.m. ET. The Company also expects to release its quarterly financial results before the market opens on Thursday, August 7, 2025. Shareholders and other interested parties may participate in the conference call by dialing +1 (404) 975-4839 (domestic) or +1 (929) 526-1599 (internatio
Delivered revenues of $78.7 million and operating cash flow of $5.6 millionNew PyroThin award with leading American OEM for next-gen prismatic LFP vehicle platform NORTHBOROUGH, Mass., May 8, 2025 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced financial results for the first quarter of 2025, and discussed recent business developments. Total revenue for the first quarter of 2025 was $78.7 million, compared to $94.5 million in the first quarter of 2024. Net loss was $301.2 million, which included a $286.6 million impairment charge in connection with the demobilization of the Comp
NORTHBOROUGH, Mass., April 16, 2025 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE:ASPN) ("Aspen" or the "Company") today announced that Don Young, President & Chief Executive Officer, and Ricardo C. Rodriguez, Chief Financial Officer & Treasurer, expect to discuss the Company's financial results for the first quarter ended March 31, 2025, during a conference call scheduled for Thursday, May 8, 2025, at 8:30 a.m. ET. The Company also expects to release quarterly financial results prior to the market opening on the morning of Thursday, May 8, 2025. Shareholders and other interested parties may participate in the conference call by dialing +1 (404) 975-4839 (domestic) or +1 (929) 526-1599 (intern
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Barclays downgraded Aspen Aerogels from Equal Weight to Underweight and set a new price target of $16.00
Barclays downgraded Aspen Aerogels from Overweight to Equal Weight and set a new price target of $7.00
Oppenheimer downgraded Aspen Aerogels from Outperform to Perform
TD Cowen resumed coverage of Aspen Aerogels with a rating of Buy and set a new price target of $11.00
Seaport Research Partners downgraded Aspen Aerogels from Buy to Neutral
Barclays initiated coverage of Aspen Aerogels with a rating of Overweight and set a new price target of $27.00
ROTH MKM initiated coverage of Aspen Aerogels with a rating of Buy and set a new price target of $22.00
The Benchmark Company upgraded Aspen Aerogels from Hold to Buy and set a new price target of $14.00
Canaccord Genuity resumed coverage of Aspen Aerogels with a rating of Buy and set a new price target of $20.00
Piper Sandler reiterated coverage of Aspen Aerogels with a rating of Overweight and set a new price target of $68.00 from $72.00 previously