HC Wainwright Issues Pessimistic Outlook for ASTI Earnings

Ascent Solar Technologies Inc. (NASDAQ:ASTI) – Analysts at HC Wainwright dropped their Q3 2026 earnings per share estimates for Ascent Solar Technologies in a research note issued to investors on Wednesday, August 19th. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings of ($0.21) per share for the quarter, down from their previous estimate of ($0.18). HC Wainwright has a “Buy” rating on the stock. The consensus estimate for Ascent Solar Technologies’ current full-year earnings is ($0.74) per share. HC Wainwright also issued estimates for Ascent Solar Technologies’ Q4 2026 earnings at ($0.23) EPS, FY2026 earnings at ($0.91) EPS, FY2027 earnings at ($0.63) EPS and FY2028 earnings at ($0.01) EPS.

Ascent Solar Technologies (NASDAQ:ASTI) last issued its earnings results on Thursday, August 6th. The company reported ($0.19) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.19). Ascent Solar Technologies had a negative net margin of 4,217.19% and a negative return on equity of 85.21%. The firm had revenue of $0.10 million for the quarter, compared to analysts’ expectations of $0.10 million.

Several other brokerages also recently commented on ASTI. Zacks Research raised shares of Ascent Solar Technologies to a “hold” rating in a research note on Friday, April 24th. Weiss Ratings upgraded Ascent Solar Technologies from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $20.00.

Ascent Solar Technologies Stock Down 1.9%

Shares of ASTI opened at $3.08 on Friday. The stock has a market capitalization of $30.23 million, a P/E ratio of -2.08 and a beta of 1.76. Ascent Solar Technologies has a twelve month low of $1.40 and a twelve month high of $9.87. The firm has a fifty day simple moving average of $4.09 and a two-hundred day simple moving average of $5.01.

Institutional Investors Weigh In On Ascent Solar Technologies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ASTI. Cetera Investment Advisers purchased a new position in Ascent Solar Technologies during the fourth quarter valued at $89,000. Geode Capital Management LLC lifted its position in Ascent Solar Technologies by 87.7% during the 4th quarter. Geode Capital Management LLC now owns 26,938 shares of the company’s stock valued at $111,000 after acquiring an additional 12,588 shares during the period. Jane Street Group LLC purchased a new stake in Ascent Solar Technologies in the fourth quarter worth about $116,000. MYDA Advisors LLC bought a new position in shares of Ascent Solar Technologies during the fourth quarter valued at approximately $206,000. Finally, HRT Financial LP bought a new stake in shares of Ascent Solar Technologies in the 4th quarter worth approximately $208,000. 10.55% of the stock is owned by hedge funds and other institutional investors.

Ascent Solar Technologies Company Profile

Ascent Solar Technologies, Inc (NASDAQ:ASTI) develops and manufactures thin-film photovoltaic modules based on copper indium gallium selenide (CIGS) semiconductor technology. Designed for lightweight, flexible and durable integration, Ascent Solar’s products are well-suited to mobile and off-grid applications where conventional rigid panels are impractical. The company’s portfolio includes both rollable and laminate modules that can be bonded onto a variety of surfaces, from textiles and curved structures to aerospace platforms.

Ascent Solar’s modules target a diverse set of end markets, including military and defense sectors, unmanned aerial vehicles (UAVs), consumer electronics, automotive and building-integrated photovoltaics (BIPV).