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Ascent Solar Technologies ( (ASTI) ) has provided an announcement.
On May 16, 2024, Ascent Solar Technologies entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC to sell shares of its common stock, initially valued at up to $4,219,000. Since then, the company has increased the offering amount multiple times, with the latest increase allowing for an additional $758,818 in shares. As of August 20, 2025, Ascent has sold 1,537,783 shares for gross proceeds of approximately $11,883,824.54. The proceeds are expected to be used primarily for general and administrative expenses, with management having significant discretion over their allocation.
The most recent analyst rating on (ASTI) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Ascent Solar Technologies stock, see the ASTI Stock Forecast page.
Spark’s Take on ASTI Stock
According to Spark, TipRanks’ AI Analyst, ASTI is a Neutral.
Ascent Solar Technologies’ overall stock score is primarily impacted by its weak financial performance, characterized by persistent losses and high debt levels. While technical analysis and valuation metrics also reflect challenges, recent corporate events provide a glimmer of hope with strategic partnerships and growth projections in the aerospace and defense sectors. However, the company’s financial instability remains a significant concern, necessitating careful consideration by potential investors.
To see Spark’s full report on ASTI stock, click here.
More about Ascent Solar Technologies
Ascent Solar Technologies, Inc. is a Delaware-based company operating in the solar technology industry. The company focuses on developing and manufacturing innovative, thin-film photovoltaic modules that are designed for a variety of applications, including portable power and off-grid solutions.
Average Trading Volume: 2,294,325
Technical Sentiment Signal: Sell
Current Market Cap: $7.28M
See more insights into ASTI stock on TipRanks’ Stock Analysis page.