Demand UncertaintyThe uncertainty implied in questions about EV demand, DOE loan approval, and emission regulations has sent Aspen's stock way off its highs.
Guidance ConcernsAspen Aerogels guided revenue, Adjusted EBITDA and EPS below the Street for 1Q, and withheld providing guidance for FY25 citing lack of visibility into production demand.
Inventory ChallengesDespite expected growth in EVs, Aspen is experiencing some inventory digestion, which is understandable but painful.