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MarketBeat
Sat, May 9, 2026 astatine 7:07 AM CDT 8 min read
Key Points
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Interested successful Aspen Aerogels, Inc.? Here are 5 stocks we similar better.
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Aspen Aerogels expects gross to amended sequentially done 2026 contempt a anemic archetypal quarter, citing continued request volatility, particularly successful EV-related markets. Management reaffirmed its semipermanent maturation outlook for the Energy Industrial conception and sees second-quarter gross rising to $40 million-$48 million.
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A fire-related operational disruption deed the East Providence plant connected April 8, forcing a impermanent shutdown, though nary employees were earnestly injured. Aspen said it plans a staged restart successful May and has utilized outer manufacturing capableness and inventory to bounds near-term lawsuit impact.
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Energy Industrial and Thermal Barrier request trends are diverging: Energy Industrial was pressured by logistics issues tied to the Iran conflict, portion Thermal Barrier remains mixed with softer U.S. EV accumulation but stronger European momentum. Aspen besides highlighted GM assertion proceeds and said its European Thermal Barrier gross could scope $10 million-$15 cardinal successful 2026.
Aspen Aerogels (NYSE:ASPN) said it expects gross to amended sequentially done 2026 contempt a first-quarter income decline, a impermanent shutdown astatine its East Providence, Rhode Island, manufacturing installation and continued volatility successful electrical vehicle-related demand.
On the company’s first-quarter net call, President and Chief Executive Officer Donald R. Young said Aspen experienced an “operational disruption” connected April 8 involving an detonation successful a high-temperature oven astatine its East Providence aerogel manufacturing facility. Young said the harm was confined to a circumstantial country of the works and that nary employees were earnestly injured.
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“We presently expect a staged restart of operations to statesman successful May, taxable to continued advancement successful our mechanical, operational and information reviews, arsenic good arsenic ongoing coordination with section and authorities agencies,” Young said.
Young said the institution has mitigated important commercialized interaction truthful acold by utilizing inventory and capableness from its outer manufacturing facility. He added that Aspen is moving with that extracurricular installation to fortify proviso flexibility for some its Energy Industrial and Thermal Barrier segments.
First-quarter gross declines arsenic Energy Industrial falls abbreviated
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Chief Financial Officer and Treasurer Grant Thoele said first-quarter gross totaled $37.9 million, including $21.6 cardinal from Energy Industrial and $16.3 cardinal from Thermal Barrier. Total gross declined 8% from the anterior quarter.
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