Aug. 27 at 8:33 PM
$ASPN I still believe this company has a bright future. If they get industrial recovery and nail new EV wins, this could be a 2 year double. I see analysts have 2026 eps estimates ranging from 2 cents to 40 cents. I suspect the more bullish estimates could be 2027 achievable and support share price gains at today’s
$7. Other better options in the market as I see company being too dependent on GM which I think is moving to less thermal runaway concerning lithium iron phosphate batteries. I also have trouble believing that the loss the
$7500 credit and the unfortunate lack of EV policy support in US won’t hurt in the near term. However, this is still good overall bet on EVs for less risk sensitive investors. Hoping to buy in the
$5 to
$8 range next year sometime when better clarity on direction. Best to the longs here who helped me understand this company over the last several years. Hopefully the new CFO makes up for some of Don’s palpable deficiencies.
