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Ascent Solar Technologies, Inc. Common Stock (ASTI)



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Upturn Advisory Summary
08/28/2025: ASTI (1-star) is a SELL. SELL since 1 days. Profits (-14.64%). Updated daily EoD!
Analysis of Past Performance
Type Stock | Historic Profit -26.84% | Avg. Invested days 14 | Today’s Advisory SELL |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 5.88M USD | Price to earnings Ratio 0.08 | 1Y Target Price 3 |
Price to earnings Ratio 0.08 | 1Y Target Price 3 | ||
Volume (30-day avg) - | Beta 2.25 | 52 Weeks Range 1.10 - 12.00 | Updated Date 06/29/2025 |
52 Weeks Range 1.10 - 12.00 | Updated Date 06/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 41.49 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -11177.87% |
Management Effectiveness
Return on Assets (TTM) -87.49% | Return on Equity (TTM) -60834.71% |
Valuation
Trailing PE 0.08 | Forward PE - | Enterprise Value 5525714 | Price to Sales(TTM) 113.19 |
Enterprise Value 5525714 | Price to Sales(TTM) 113.19 | ||
Enterprise Value to Revenue 106.43 | Enterprise Value to EBITDA -444.8 | Shares Outstanding 1813780 | Shares Floating 1617579 |
Shares Outstanding 1813780 | Shares Floating 1617579 | ||
Percent Insiders 10.76 | Percent Institutions 0.74 |
Upturn AI SWOT
Ascent Solar Technologies, Inc. Common Stock

Company Overview
History and Background
Ascent Solar Technologies, Inc. was founded in 2005 and focuses on flexible thin-film solar modules using copper-indium-gallium-selenide (CIGS) technology. Initially focused on large-scale solar farms, it shifted towards niche applications like portable power and aerospace.
Core Business Areas
- Aerospace & Defense: Development and supply of flexible solar panels for space and military applications. This includes powering satellites, drones, and other remote devices.
- Consumer & Specialty Products: Manufactures and sells portable solar charging solutions for consumers, including backpacks and other integrated power products.
Leadership and Structure
The leadership team consists of experienced professionals in solar technology and business management. The company operates with a functional organizational structure, with departments focusing on R&D, manufacturing, sales, and marketing. Victor Lee is the President and CEO.
Top Products and Market Share
Key Offerings
- SpaceFlexu00ae: Flexible CIGS solar modules for space applications, providing power for satellites and other spacecraft. Market share data specifically for space-grade flexible solar panels is difficult to obtain, but Ascent Solar competes with companies like SolAero Technologies and Emcore in this specialized market. Revenue derived from this is undisclosed.
- Portable Power Products: Consumer-oriented portable solar chargers and integrated power solutions for outdoor activities. Market share in the consumer portable power market is small, competing with larger players like Goal Zero and Anker. Revenue from this segment is also undisclosed.
Market Dynamics
Industry Overview
The flexible solar panel industry is growing, driven by demand for lightweight and adaptable power solutions in aerospace, defense, and portable electronics. The overall solar market is dominated by silicon-based panels, but flexible CIGS offers advantages in specific applications.
Positioning
Ascent Solar occupies a niche position focusing on flexible CIGS solar technology. Its competitive advantage lies in the high power-to-weight ratio and flexibility of its panels, making them suitable for applications where traditional panels are not viable.
Total Addressable Market (TAM)
The TAM for flexible solar panels is estimated to grow to several billion dollars in the coming years. Ascent Solar is positioned to capture a share of this market through its specialized applications, particularly in aerospace and defense.
Upturn SWOT Analysis
Strengths
- Flexible CIGS technology
- High power-to-weight ratio
- Specialized expertise in aerospace applications
- Proprietary manufacturing process
Weaknesses
- Limited manufacturing capacity
- High production costs compared to silicon-based panels
- Reliance on specific niche markets
- History of financial losses
Opportunities
- Growing demand for solar power in space applications
- Expansion into new niche markets
- Partnerships with aerospace and defense companies
- Technological advancements to reduce production costs
Threats
- Competition from established solar panel manufacturers
- Technological advancements in alternative flexible solar technologies
- Economic downturns affecting demand for specialized products
- Dependence on government contracts
Competitors and Market Share
Key Competitors
- SolAero Technologies Corp (Private)
- Emcore (EMKR)
- Goal Zero (Private)
- Anker (Private)
Competitive Landscape
Ascent Solar's flexible CIGS technology provides a differentiation factor, but the company faces competition from established solar panel manufacturers with greater resources and manufacturing capacity. SolAero is a huge competitor. Competitors in the portable power market have strong brand recognition.
Growth Trajectory and Initiatives
Historical Growth: Ascent Solar's growth has been inconsistent, characterized by periods of rapid expansion followed by contraction. Overall, historical growth has been limited.
Future Projections: Future growth is contingent on securing new contracts, expanding into new markets, and achieving cost reductions. Analyst estimates are highly variable and depend on execution of strategic initiatives.
Recent Initiatives: Recent initiatives include focusing on space and defense applications and cost reduction efforts.
Summary
Ascent Solar Technologies operates in the niche market of flexible solar panels and has been struggling financially for a while. Their competitive advantage is based on their flexible CIGS technology, but their market share is very small. The company needs to secure new contracts and manage cost-cutting initiatives to improve its stability. Ascent Solar's specialization in aerospace application has huge potential.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
- News articles
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ascent Solar Technologies, Inc. Common Stock
Exchange NASDAQ | Headquaters Thornton, CO, United States | ||
IPO Launch date 2006-07-11 | President, CEO & Director Mr. Paul P. Warley Jr. | ||
Sector Technology | Industry Solar | Full time employees 16 | Website https://ascentsolar.com |
Full time employees 16 | Website https://ascentsolar.com |
Ascent Solar Technologies, Inc., a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company's technology provides renewable power solutions to high-value production and specialty solar markets, including space power beaming, aerospace, satellites, near earth orbiting vehicles, fixed wing unmanned aerial vehicles, and agrivoltaics. It markets and sells its products through direct customers, distributors, retailers, OEMs, system integrators and value-added resellers. Ascent Solar Technologies, Inc. was incorporated in 2005 and is based in Thornton, Colorado.

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