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Upturn AI Summary - About
Ascent Solar Technologies, Inc.(ASTI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ASTI
09/25/2026: ASTI (1-star) is currently NOT-A-BUY. Pass it for now.
Ascent Solar Technologies, Inc. is a small-cap solar company specializing in lightweight, flexible thin-film photovoltaic modules for niche markets. Its main strength lies in its proprietary CIGS technology, which is well-suited for high-margin aerospace and defense applications. The primary investment story centers on the company’s pivot toward these specialized sectors, which could offer more stable, long-term revenue than mass-market solar. However, the firm faces significant risks, including historical financial losses, the need for continued capital, and intense competition. This stock may suit speculative investors who can tolerate high volatility while monitoring progress on key government and industrial contracts.
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 style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The company lacks a consistent track record of revenue growth or scalability. |
| Momentum investor | Mixed fit | Momentum is highly conditional on speculative news flow or significant contract announcements. |
| Value investor | Weak fit | The company's lack of profitability makes traditional value metrics difficult to apply. |
| Dividend investor | Weak fit | The company does not pay dividends and retains all capital for operations. |
| Low-risk investor | Weak fit | The high volatility and financial uncertainty present substantial risks for conservative investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is subject to extreme price swings driven by speculative trading and equity issuance. |
| Valuation risk | High | Standard valuation models are difficult to use due to lack of earnings and negative cash flow. |
| Competition risk (solar industry) | High | Large scale, lower-cost manufacturers dominate the market, making niche entry difficult. |
| Business quality | Medium | The underlying technology is innovative but the business model has struggled to achieve scale. |
| Dividend income | Low / none | Investors should not expect any income from this security. |
| Execution risk | High | Successful long-term survival depends entirely on executing specialized high-value contracts. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -28.05% | Avg. Invested days 23 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 30.82M USD | Price to earnings Ratio - | 1Y Target Price 20 |
Price to earnings Ratio - | 1Y Target Price 20 | ||
Volume (30-day avg) 249.7K shares | Beta 2.35 | 52 Weeks Range 1.40 - 9.87 | Updated Date 09/25/2026 |
52 Weeks Range 1.40 - 9.87 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.21 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Flexible PV Modules | Sale of thin-film modules for industrial and portable use. | The company makes money by selling specialty solar panels that bend. |
| Aerospace/Defense Contracting | Custom engineering and integration of power systems. | Revenue comes from specialized projects for high-end clients like space and defense firms. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE - | Forward PE 14.45 | Enterprise Value 15.16M | Price to Sales(TTM) 147.25 |
Enterprise Value 15.16M | Price to Sales(TTM) 147.25 | ||
Enterprise Value to Revenue 79.25 | Enterprise Value to EBITDA -444.8 | Shares Outstanding 9.82M | Shares Floating 9.31M |
Shares Outstanding 9.82M | Shares Floating 9.31M | ||
Percent Insiders 0.28 | Percent Institutions 25.85 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
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)
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)
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)
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)
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)
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)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
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)
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)
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)
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)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
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)
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)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Ascent Solar Technologies, Inc.
Exchange NASDAQ | Headquarters 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 14 | Website https://ascentsolar.com |
Full time employees 14 | 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, aquatic, terrestrial, and other weight-sensitive markets. 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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