ASP Isotopes Inc. Common Stock logo

ASP Isotopes Inc. Common Stock(ASPI)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$2.92
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ASPI

09/25/2026: ASPI (1-star) is currently NOT-A-BUY. Pass it for now.

ASP Isotopes is a pre-commercial firm focused on using its proprietary Aerodynamic Separation Process to enrich isotopes for the medical and quantum computing industries. The company's primary strength lies in this potentially more efficient enrichment technology, which aims to challenge established supply chains. The core investment story centers on the transition from R&D to commercial-scale isotope production, specifically for pharmaceutical applications. However, the company faces high execution risks, regulatory hurdles, and substantial financial requirements as it scales. It is most suitable for growth-oriented investors with a high risk tolerance, who should monitor milestones like facility licensing and the announcement of commercial supply agreements.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers potential high growth via disruptive technology but remains pre-revenue and speculative.
Momentum investorMixed fitMomentum may be driven by news of successful facility commissioning or major customer contracts, but volatility is extremely high.
Value investorWeak fitAs an early-stage company with no consistent earnings, it does not meet standard value investment criteria.
Dividend investorWeak fitThe company does not pay dividends and reinvests all capital into R&D and facility construction.
Low-risk investorWeak fitThe high execution and financial risk profile make this unsuitable for low-risk portfolios.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock price is highly sensitive to speculative news and small-cap market dynamics.
Valuation riskHighValuation is based on future potential rather than current cash flow, creating significant downside risk if targets are missed.
Competition risk (Nuclear Technology)Medium / highEstablished players have entrenched supply chains that are difficult for new entrants to disrupt.
Business qualityMediumThe business model depends entirely on the commercial success of unproven, novel technology.
Dividend incomeLow / noneThere is no dividend income and none is expected in the near term.
Execution riskHighScaling technology from a laboratory setting to commercial production is prone to significant delays and cost overruns.

Price Behavior

Steep Decline
PRICE PATH

Steep Decline

The stock price has dropped sharply with strong downward pressure.

Highly Choppy
PRICE STABILITY

Highly Choppy

The stock has experienced frequent, large price swings that make its near-term movement less predictable.

Analysis of Past Performance

Type Stock
Historic Profit 43.31%
Avg. Invested days 25
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ASPI receives a 2-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
ASPI has moderate overall fundamentals (3 stars), with soft financial health, moderate growth momentum, and strong ownership. In FY2025 versus FY2024, strong revenue growth (+475.5%) is partially offset by negative earnings growth (-441.5%), soft cash generation (FCF margin -198.9%), soft profitability (net margin -734.2%).

Financial Health Rating

★★★★★
ASPI's financial health is supported by moderate liquidity, including working-capital and asset support (WC/assets 71.6%). Operating efficiency is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is ASPI's strongest growth driver at +475.5% FY2025 versus FY2024 (strong, 5 stars). By comparison, while earnings growth (-441.5%, negative) and free-cash-flow growth (-69.0%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 48.1% and approximately 86.8% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 10.50% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 5.43%
Encompass Capital Advisors LLC 4.51%
Vanguard Capital Management, LLC 3.30%
Rovida Investment Management Ltd 2.67%
UBS Group AG 1.85%

Unit Economics (Per $1K Revenue)

★★★★★
ASPI generates approximately $143 of gross profit, $-2,398 of operating income, and $-1,989 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: -0.18% (Tax Credit)

Quantitative Style Profile

★★★★★
ASPI has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 452.26M USD
Price to earnings Ratio -
1Y Target Price 13
Price to earnings Ratio -
1Y Target Price 13
Volume (30-day avg) 3.8M shares
Beta 3.6
52 Weeks Range 2.88 - 14.49
Updated Date 09/24/2026
52 Weeks Range 2.88 - 14.49
Updated Date 09/24/2026
Dividends yield (FY) -
Basic EPS (TTM) -1.41

How Company Makes Money

Business areaWhat it includesRetail investor read
Isotope SalesSale of enriched isotopes like C-14 and Si-28 to pharmaceutical and tech customers.The company plans to generate revenue by becoming a primary supplier of specialized materials for medicine and computing.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 54.35
Enterprise Value 476.88M
Price to Sales(TTM) 14.66
Enterprise Value 476.88M
Price to Sales(TTM) 14.66
Enterprise Value to Revenue 15.46
Enterprise Value to EBITDA -12.17
Shares Outstanding 153.31M
Shares Floating 133.03M
Shares Outstanding 153.31M
Shares Floating 133.03M
Percent Insiders 10.5
Percent Institutions 48.11

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About ASP Isotopes Inc. Common Stock

Exchange NASDAQ
Headquarters Dallas, TX, United States
IPO Launch date 2022-11-10
Executive Chairman & CEO Mr. Paul Elliot Mann C.F.A.
Sector Basic Materials
Industry Specialty Chemicals
Full time employees 271
Full time employees 271

ASP Isotopes Inc., a development stage advanced materials company, engages in the production, distribution, marketing, and sale of isotopes in South Africa,Hong Kong, and United States. It operates in two segments, Nuclear Fuels, and Specialist Isotopes and Related Services. The Nuclear Fuels segment focuses on the research and development of technologies and methods used to produce high-assay low-enriched uranium (HALEU) and Lithium-6 for the advanced nuclear fuels target end market. Its Specialist Isotopes and Related Services segment engages in the research and development of technologies and methods used to separate high-value, low-volume isotopes, such as C-14, Mo-100 and Si-28, for target end markets, including pharmaceuticals and agrochemicals, nuclear medical imaging, and semiconductors; provision of related services; and operation of PET labs. The company offers the Aerodynamic Separation Process (ASP) technology, which separates gas species and isotopes in a volatile state; and the Quantum Enrichment (QE) technology, which separates isotopes. It also produces and commercializes Molybdenum-100, Molybdenum-98, and Ytterbium-176 for the nuclear medical industry. In addition, the company develops Zinc-68, Nickel-64, and Xenon-129/136 for the nuclear medical industry; Lithium-7, Uranium-235, and Chlorine-37 for the energy industry; and Germanium-70/72/74 for semiconductor markets. The company was incorporated in 2021 and is based in Dallas, Texas.