Why These 15 Construction Stocks Are Plunging in 2025

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3. Aspen Aerogels Inc (NYSE:ASPN)

Number of Hedge Fund Holders In Q4 2024: 29

Aspen Aerogels Inc (NYSE:ASPN) sells aerogel materials used in energy industrial applications, sustainable insulation, and electric vehicle (EV) markets.

The stock is down significantly so far in 2025 as it reported strong Q4 2024 results but issued weak guidance for Q1 2025. The company projected revenue between $75 million and $95 million, significantly below analyst expectations of $104.2 million.

Moreover, it announced that it had halted construction of its second manufacturing facility in Statesboro, Georgia, opting instead to maximize capacity at its existing East Providence plant and rely on external manufacturing.

The consensus price target of $19.11 implies 175.57% upside.

ASPN stock is down 41.50% year-to-date.

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