ASPN

Interested in Aspen Aerogels, Inc.? Here are five stocks we like better. Aspen Aerogels expects revenue to improve sequentially through 2026 despite a weak first quarter, citing continued demand volatility, especially in EV-related markets. Management reaffirmed its long-term growth outlook for the Energy Industrial segment and sees second-quarter revenue rising to $40 million-$48 million. A fire-related operational disruption hit the East Providence plant on April 8, forcing a temporary shutdown, though no employees were seriously injured. Aspen said it plans a staged restart in May and has used external manufacturing capacity and inventory to limit near-term customer impact. Energy Industrial and Thermal Barrier demand trends are diverging: Energy Industrial was pressured by logistics issues tied to the Iran conflict, while Thermal Barrier remains mixed with softer U.S. EV production but stronger European momentum. Aspen also highlighted GM claim proceeds and said its European Thermal Barrier revenue could reach $10 million-$15 million in 2026. Aspen Aerogels (NYSE:ASPN) said it expects revenue to improve sequentially through 2026 despite a first-quarter sales decline, a temporary shutdown at its East Providence, Rhode Island, manufacturing facility and continued volatility in electric vehicle-related demand. On the company’s first-quarter earnings call, President and Chief Executive Officer Donald R. Young said Aspen experienced an “operational disruption” on April 8 involving an explosion in a high-temperature oven at its East Providence aerogel manufacturing facility. Young said the damage was confined to a specific area of the plant and that no employees were seriously injured. → Light Speed Returns: Corning Cashes In on NVIDIA Growth “We currently expect a staged restart of operations to begin in May, subject to continued progress in our mechanical, operational and safety reviews, as well as ongoing coordination with local and state agencies,” Young said. Young said the company has mitigated significant commercial impact so far by using inventory and capacity from its external manufacturing facility. He added that Aspen is working with that outside facility to strengthen supply flexibility for both its Energy Industrial and Thermal Barrier segments. → Uber's Annual Product Showcase Reveals It Is Coming for Airbnb and Booking Chief Financial Officer an...

Management is executing a staged restart of the East Providence facility following an April oven explosion, with commercial impacts currently mitigated through inventory and external manufacturing capacity. The Energy & Industrial segment is projected to grow 20% in 2026, driven by a multiyear investment cycle in global energy infrastructure and a robust pipeline in Subsea and LNG projects. LNG activity is expected to approximately double in 2026 compared to 2025 as large-scale infrastructure projects move from market interest into executable commercial opportunities. Thermal barrier growth is shifting toward Europe, where battery electric vehicle registrations exceed 20%, contrasting with a 'reset mode' in the U.S. market where EV share has settled at 5% to 6%. The company is diversifying into the Battery Energy Storage Systems (BESS) market, leveraging existing thermal performance solutions to address high-density grid and data center applications. A strategic review concluded that the best path for shareholder value is scaling the core energy business while driving diversification in PyroThin and adjacent high-growth markets. Q2 2026 revenue is projected between $40 million and $48 million, assuming GM production aligns with an annualized rate of 55,000 to 65,000 vehicles. Management expects to reach EBITDA breakeven in the second half of 2026, supported by a reduced fixed-cost structure and sequential revenue growth. The long-term financial framework aims to reduce the annual revenue required for EBITDA breakeven from $330 million in 2024 to $175 million by the end of 2027. European OEM programs are anticipated to contribute $10 million to $15 million in revenue for 2026 as production ramps continue. The company plans to scale the Energy & Industrial segment into a $200 million high-margin business without requiring incremental capital investment. The East Providence plant disruption is creating near-term cost pressures in Q2 and potentially Q3 due to expedited freight, repair costs, and inventory builds. A $37.6 million claim payment from GM is being recognized as revenue ratably through 2027, contributing approximately $4.9 million per quarter starting in Q2. Q1 results were impacted by a $2.2 million property tax charge related to Plant 2 and $1 million in nonrecurring professional service fees. Proceeds from the potential sale of Plant 2 assets are n...

Image source: The Motley Fool. Thursday, May 7, 2026 at 8:30 a.m. ET President and Chief Executive Officer — Donald R. Young Chief Financial Officer — Grant Thoele Donald Young: Thanks, Neal. Good morning, everyone. Thank you for joining us for our Q1 2026 earnings call. My comments will cover an April event in our manufacturing facility in East Providence, our growth outlook for the Energy industrial segment, the evolving demand environment for electric vehicles and our progress in developing a battery energy storage systems segment. I will also provide an update on our strategic review process. Grant will amplify these points with his comments. On April 8, we experienced an operational disruption in our aerogel manufacturing facility in East Providence. The incident involved an explosion in a high temperature oven and resulted in plant damage confined to that specific area of the facility and the temporary cessation of operations. We are immensely grateful that no employees were seriously injured in the incident and want to recognize the Aspen team for their tireless work towards a safe and disciplined restart of the facility. We currently expect a staged restart of operations to begin in May, subject to continued progress in our mechanical, operational and safety reviews as well as ongoing coordination with local and state agencies. To date, we have mitigated any significant commercial impact of the disruption by working through inventory and by leveraging the capacity of our external manufacturing facility. It will take time to restore full capability to the EP plant a task that will receive our full attention once we complete the restart phase. We are also closely -- we are also working closely with our external manufacturing facility to enhance its capabilities to support our Energy, Industrial and Thermal Barrier segments and to enhance short- and long-term supply flexibility, all of which is intended to strengthen our operational resilience and commitment to customers. Turning to our Energy & Industrial segment. Even with a messy start to the year due to the EP disruption and delivery delays in the Middle East, we still have our sights set on 20% revenue growth for the year. We believe we will gain considerable momentum in the second half of the year, leading to further growth in 2027 and 2028. With energy security and supply diversification paramoun...

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 2025 Secured 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 quarter of 2026, the Company received $37.6 million in cash from General Motors related to a commercial settlement, of which $3.5 million was recognized as revenue in the first quarter. The remainder has been recorded as deferred revenue, with approximately $4.9 million to be recognized as revenue quarterly through the end of 2027. Thermal barrier segment revenue was $16.3 million, compared to $48.9 million in the prior year period, reflecting a significant reduction in customer demand following changes in regulatory frameworks and incentive programs. Energy Industrial segment revenue was $21.6 million, compared to $29.8 million in the prior year period. Net loss was $23.7 million, compared to net loss of $301.2 million in the prior year period. Results for the first quarter of 2026 included $0.4 million of restructuring and demobilization costs. Results for the first quarter of 2025 included a $286.6 million impairment charge related to the Company's previously planned second manufacturing facility in Statesboro, Georgia, and $9.8 million in restructuring and demobilization costs. Excluding these items, adjusted net loss was $23.3 million, compared to adjusted net loss of $4.8 million in the prior year period. Net loss per share was $0.29, compared to net loss per share of $3.67 in the prior year period. Excluding the items described above, adjusted net loss per share was $0.28, compared to adjusted net loss per share of $0.06 in the prior year period. Adjusted EBITDA was $(12.7) million, compared to $4.9 million in the prior year period. A reconciliation of non-GAAP financial results to GAAP financial results is provided in the financial schedules that are part of this press...

Rayonier (RYN) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to a loss of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +27.27%. A quarter ago, it was expected that this forest products company would post earnings of $0.12 per share when it actually produced earnings of $0.2, delivering a surprise of +66.67%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Rayonier, which belongs to the Zacks Building Products - Wood industry, posted revenues of $276.8 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 2.17%. This compares to year-ago revenues of $82.9 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Rayonier shares have lost about 4.4% since the beginning of the year versus the S&P 500's gain of 6%. While Rayonier has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Rayonier was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stock...

NORTHBOROUGH, Mass. (AP) — NORTHBOROUGH, Mass. (AP) — Aspen Aerogels Inc. (ASPN) on Thursday reported a loss of $23.7 million in its first quarter. On a per-share basis, the Northborough, Massachusetts-based company said it had a loss of 29 cents. Losses, adjusted for restructuring costs, were 28 cents per share. The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 27 cents per share. The maker of insulation products posted revenue of $37.9 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $36.6 million. For the current quarter ending in June, Aspen Aerogels said it expects revenue in the range of $40 million to $48 million. The company's shares closed at $4.12. A year ago, they were trading at $5.50. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASPN at https://www.zacks.com/ap/ASPN

This article first appeared on GuruFocus. Aspen Aerogels Inc (NYSE:ASPN) is set to release its Q1 2026 earnings on May 7, 2026. The consensus estimate for Q1 2026 revenue is $37.39 million, and the earnings are expected to come in at -$0.27 per share. The full year 2026's revenue is expected to be $187.63 million and the earnings are expected to be -$0.75 per share. More detailed estimate data can be found on the Forecast page. Warning! GuruFocus has detected 4 Warning Signs with ASPN. Is ASPN fairly valued? Test your thesis with our free DCF calculator. Revenue estimates for Aspen Aerogels Inc (NYSE:ASPN) have declined for the full year 2026 from $238.86 million to $187.63 million. For 2027, the revenue estimates have decreased from $336.28 million to $281.50 million over the past 90 days. Earnings estimates have also declined for the full year 2026 from -$0.35 per share to -$0.75 per share. For 2027, the earnings estimates have decreased from $0.14 per share to -$0.16 per share over the past 90 days. In the previous quarter ending on December 31, 2025, Aspen Aerogels Inc's (NYSE:ASPN) actual revenue was $41.34 million, which missed analysts' revenue expectations of $44.25 million by -6.58%. Aspen Aerogels Inc's (NYSE:ASPN) actual earnings were -$0.88 per share, which missed analysts' earnings expectations of -$0.22 per share by -300%. After releasing the results, Aspen Aerogels Inc (NYSE:ASPN) was down by -27.81% in one day. Based on the one-year price targets offered by 5 analysts, the average target price for Aspen Aerogels Inc (NYSE:ASPN) is $4.20, with a high estimate of $6.00 and a low estimate of $3.00. The average target implies an upside of 5.79% from the current price of $3.97. Based on GuruFocus estimates, the estimated GF Value for Aspen Aerogels Inc (NYSE:ASPN) in one year is $5.34, suggesting an upside of 34.51% from the current price of $3.97. Based on the consensus recommendation from 6 brokerage firms, Aspen Aerogels Inc's (NYSE:ASPN) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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 entering Meeting ID “717749648” a few minutes before 8:30 a.m. ET on Thursday, May 7, 2026. In addition, the conference call and an accompanying slide presentation will be available live as a listen-only webcast hosted on the Investors section of Aspen’s website, www.aerogel.com. A replay of the webcast will be available on the Investors section of the Aspen website at www.aerogel.com, where it will remain available for approximately one year after the conference call. About Aspen Aerogels, Inc. Aspen is a technology leader in sustainability and electrification solutions. The Company's aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, e-mobility and clean energy. Aspen's PyroThin® products enable solutions to thermal runaway challenges within the electric vehicle ("EV") market. The Company's Cryogel® and Pyrogel® products are valued by the world's largest energy infrastructure companies. Aspen's strategy is to partner with world-class industry leaders to leverage its Aerogel Technology Platform® into additional high-value markets. Aspen is headquartered in Northborough, Mass. For more information, please visit www.aerogel.com. Investor Relations & Media Contacts: Neal Baranosky [email protected] Phone: (508) 691-1111 x 8 Georg Venturatos / Patrick Hall Gateway Group [email protected] Phone: (949) 574-3860

Management attributed the Q4 performance decline to a significant drop in U.S. EV sales and a corresponding production ramp-down by GM, leading to lower manufacturing absorption. The company is shifting strategic focus toward Europe, citing stronger structural drivers, steadier policy guidelines, and a more visible multiyear adoption trajectory compared to North America. Energy Industrial segment growth is expected to reach 20% in 2026, driven by a robust pipeline of subsea projects and a projected doubling of LNG project count and revenue. Management has structurally reduced fixed cash costs by approximately $75 million annually to operate effectively within a resetting EV market and lower production volumes. The company is diversifying its addressable market by developing a Battery Energy Storage Systems (BESS) segment, leveraging EV-proven fire safety and thermal performance technology. A strategic review process has been initiated from a position of financial strength to ensure capital allocation and asset bases are optimized for long-term value creation. Q1 2026 is expected to be the lowest revenue quarter of the year, with sequential growth anticipated as GM production normalizes and European OEM programs ramp. Management targets a significant reduction in the adjusted EBITDA breakeven level, moving from $330 million in 2024 to $270 million in 2025, approximately $200 million in 2026, and $175 million by 2027. The European EV pipeline is projected to contribute $10 million to $15 million in 2026, with a massive expansion potential to over $450 million by 2028 based on customer volume projections. Capital expenditures for 2026 are expected to remain minimal at approximately $10 million as the company transitions to a capital-light, flexible manufacturing model. The company expects to expand its net cash position to over $70 million by the end of 2026 through disciplined working capital management and improving profitability. Q4 gross margins were materially impacted by lower production volumes, a $3 million bad debt expense related to a customer solvency issue, and several year-end material adjustments. The company amended its MidCap credit agreement in December to enhance covenant flexibility and maintain a substantial liquidity cushion. Management noted that while some European battery manufacturers like ACC and Northvolt face challenges, Aspen's dive...

Aspen called 2025 a transitional year as a North American EV demand reset (GM cut EV production in Q4), guiding Q1 2026 revenue to $35–$40M while having structurally reduced fixed cash costs by about $75M annually to lower the adjusted EBITDA breakeven target to $175M of revenue. The company expects roughly 20% growth in its energy industrial segment in 2026, driven by a robust subsea pipeline, a multi‑year LNG build cycle (project activity and revenue expected to roughly double versus 2025), and pent‑up maintenance demand, with a goal to scale the segment to $200M of high‑margin revenue. Aspen is pursuing adjacent markets and strategic options: it expects to begin generating revenue from BESS applications in 2026 (multiple qualifications underway) and has initiated a formal strategic review to evaluate actions to maximize long‑term shareholder value. Interested in Aspen Aerogels, Inc.? Here are five stocks we like better. Aspen Aerogels (NYSE:ASPN) executives said 2025 was a “transitional year,” marked by a resetting electric vehicle (EV) market in North America and an energy industrial business weighted toward maintenance work rather than large project awards. On the company’s fourth-quarter earnings call, management outlined cost actions taken to adjust to lower EV volumes, highlighted an expected rebound in energy industrial activity, and discussed progress in emerging end markets such as battery energy storage systems (BESS). President and CEO Donald Young said U.S. EV sales dropped significantly in the fourth quarter and that General Motors began ramping down EV production rates starting in Q4 2025. He said Aspen expects GM and other North American OEMs to reassess EV demand “absent incentives and regulation” during the first half of 2026 and align inventory and production rates accordingly. From that “reset level,” Young said the company expects EV penetration to resume growth, though “at a more measured pace than in prior years.” → Microsoft Is Sliding—An Insider Buy and Oversold Signals Are Changing the Setup Young added that GM has maintained its full line of EV nameplates and has said it remains dedicated to long-term EV success, including within Cadillac, where EV sales represented nearly 30% of the division’s total sales during 2025. In Europe, management described a more favorable structural backdrop for Aspen’s PyroThin Thermal Barrier product...

This article first appeared on GuruFocus. Q4 2025 Revenue: $41.3 million. Energy Industrial Revenue: $25.3 million in Q4 2025. Thermal Barrier Revenue: $16.1 million in Q4 2025. Full-Year 2025 Revenue: $271.1 million. Energy Industrial Full-Year Revenue: $102.2 million. Thermal Barrier Full-Year Revenue: $168.9 million. Q4 2025 GAAP Net Loss: $72.9 million. Q4 2025 Adjusted EBITDA: Negative $18 million. Full-Year 2025 GAAP Net Loss: $389.6 million. Full-Year 2025 Adjusted EBITDA: $2.9 million. Full-Year 2025 Gross Margin: 17%. Cash and Cash Equivalents at Year-End 2025: $158.6 million. Q1 2026 Revenue Guidance: $35 million to $40 million. Q1 2026 Adjusted EBITDA Guidance: Negative $13 million to negative $10 million. Expected GM Payment in Q1 2026: Nearly $38 million. Projected 2026 Energy Industrial Growth: 20%. Projected 2026 Capital Expenditures: $10 million. Projected 2026 Scheduled Debt Payments: $35 million. Warning! GuruFocus has detected 4 Warning Signs with ASPN. Is ASPN fairly valued? Test your thesis with our free DCF calculator. Release Date: February 25, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Aspen Aerogels Inc (NYSE:ASPN) has streamlined its organization, lowered fixed costs, and strengthened liquidity to operate effectively in the evolving EV market. The company anticipates 20% growth in its Energy Industrial segment in 2026, driven by a robust pipeline for subsea projects, LNG growth, and pent-up maintenance demand. Aspen Aerogels Inc (NYSE:ASPN) is actively engaged with European OEMs, securing design wins and anticipating additional awards, contributing to future revenue growth. The company has a strong liquidity position with $159 million in cash and expects a $38 million payment from General Motors, enhancing financial flexibility. Aspen Aerogels Inc (NYSE:ASPN) is investing in new commercial segments like Battery Energy Storage Systems (BESS), leveraging its technology and manufacturing capabilities for future growth. U.S. EV sales dropped significantly in Q4 2025, impacting Aspen Aerogels Inc (NYSE:ASPN)'s thermal barrier segment revenue. The company reported a GAAP net loss of $72.9 million in Q4 2025, with adjusted EBITDA at negative $18 million. Lower EV production volumes reduced manufacturing absorption, impacting gross margins and profitability. Aspen Aerogels Inc (...