HC Wainwright Has Negative Forecast for ASTI Q3 Earnings

Ascent Solar Technologies Inc. (NASDAQ:ASTI) – Analysts at HC Wainwright reduced their Q3 2026 EPS 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 per share of ($0.21) for the quarter, down from their previous forecast of ($0.18). HC Wainwright currently 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 released its quarterly earnings data on Thursday, August 6th. The company reported ($0.19) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.19). Ascent Solar Technologies had a negative return on equity of 85.21% and a negative net margin of 4,217.19%.The business had revenue of $0.10 million for the quarter, compared to analysts’ expectations of $0.10 million.

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

Ascent Solar Technologies Price Performance

ASTI stock opened at $3.08 on Friday. Ascent Solar Technologies has a 1-year low of $1.40 and a 1-year high of $9.87. The business has a fifty day moving average price of $4.09 and a 200-day moving average price of $5.01. The stock has a market capitalization of $30.23 million, a P/E ratio of -2.08 and a beta of 1.76.

Hedge Funds Weigh In On Ascent Solar Technologies

Institutional investors have recently made changes to their positions in the business. HRT Financial LP bought a new stake in Ascent Solar Technologies during the fourth quarter valued at approximately $208,000. MYDA Advisors LLC bought a new stake in shares of Ascent Solar Technologies during the 4th quarter valued at $206,000. Jane Street Group LLC purchased a new stake in shares of Ascent Solar Technologies in the 4th quarter worth $116,000. Cetera Investment Advisers purchased a new stake in shares of Ascent Solar Technologies in the 4th quarter worth $89,000. Finally, Geode Capital Management LLC lifted its position in Ascent Solar Technologies by 87.7% during the fourth quarter. Geode Capital Management LLC now owns 26,938 shares of the company’s stock valued at $111,000 after purchasing an additional 12,588 shares in the last quarter. Institutional investors own 10.55% of the company’s stock.

About Ascent Solar Technologies

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).