H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Aspen Aerogels (NYSE:ASPN) on Friday, setting a price target of $45, which is approximately 16.76% above the present share price of $38.54.
Dayal expects Aspen Aerogels to post earnings per share (EPS) of -$0.22 for the third quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Aspen Aerogels, with an average price target of $40.33.
The analysts price targets range from a high of $45 to a low of $27.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $28.1 million and a net profit of -$6.18 million. The company's market cap is $1.09 billion.
According to TipRanks.com, H.C. Wainwright analyst Amit Dayal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 62.8% and a 51.98% success rate.
Aspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. It operates through Unites States and International geographical segments. Its products include Cryogel, Pyrogel, and Spaceloft. The company was founded by Hamed S. Borhanian, Patrick J. Piper, and Kang P. Lee on May 4, 2001 and is headquartered in Northborough, MA.