ASP Isotopes Inc. (ASPI) AI Stock Analysis

NASDAQ: ASPIAI research summary: business, growth, valuation, analysts, bull and bear case.

ASPI AI stock analysis summary

AI Research

ASP Isotopes Inc. (ASPI) develops Molybdenum-100 for medical diagnostics and Uranium-235 for nuclear energy. While the company grew FY2025 revenue by 475.5% to $23.8M, net losses widened to -$175.1M with negative free cash flow of -$47.4M. The company held $254.9M in cash against $269.6M in total debt as of June 30, 2026.

Market cap
$328.1M
Revenue (TTM)
$30.9M
P/E
—
fwd 54.3x
1Y return
-80.6%
S&P 500 16.8%
Avg. target
$13.00
507.5% vs last close

Bull case

  • Quarterly revenue grew 327.6% year-over-year in the period ended June 30, 2026.
  • Analysts maintain 3 Strong Buy ratings with an average price target of $13.00, implying 507.5% upside from the $2.14 share price.
  • The balance sheet maintains solid liquidity with a current ratio of 3.87 and $254.9M in cash and short-term investments.

Bear case

  • Net loss expanded significantly in FY2025 to -$175.1M alongside -$47.4M in free cash flow.
  • Shares dropped 80.6% over the past year while the S&P 500 gained 16.8%.
  • Shareholder dilution has been substantial, with the 5-year share count expanding by 291.3%.

What ASP Isotopes does

ASP Isotopes Inc., based in Boca Raton, Florida, specializes in the advancement and commercial application of isotopes, primarily focusing on Molybdenum-100 and Uranium-235. Established in 2021, the company develops Molybdenum-100 as a non-radioactive isotope used in the medical industry for healthcare imaging and diagnostics. It also develops Uranium-235, an isotope critical for nuclear energy production and carbon-free energy initiatives. The company operates in the Specialty Chemicals industry within the Basic Materials sector, employing 271 people.

Growth and profitability

ASP Isotopes reported FY2025 revenue of $23.8M, up 475.5% from $4.1M in FY2024 and $433,026 in FY2023. Gross margin compressed to 14.3% in FY2025 from 38.6% in FY2024 and 32.1% in FY2023. Operating margin was -239.8% in FY2025, while net losses expanded to -$175.1M, representing an EPS of -$1.71. In the latest quarter ended June 30, 2026, quarterly revenue grew 327.6% year-over-year, bringing trailing twelve-month revenue to $30.9M with an operating margin of -667.5% and an EPS of -$1.49.

ASPI income statement →

Balance sheet and cash flow

As of June 30, 2026, ASP Isotopes held $254.9M in cash and short-term investments against $269.6M in total debt, resulting in net debt of $14.7M. The current ratio stood at 3.87, and shareholders' equity was $264.7M, giving a debt-to-equity ratio of 1.02. For FY2025, operating cash flow was -$37.8M and capital expenditures were $9.7M, leading to free cash flow of -$47.4M. The company's share count increased 291.3% over five years.

ASPI balance sheet →

Valuation and performance

ASP Isotopes trades at a forward P/E of 54.3x, compared to 13.4x for the median of its US-listed Basic Materials peers. Its price-to-sales multiple is 10.6x versus the peer group median of 1.8x, and its enterprise value of $476.9M represents an EV-to-revenue multiple of 15.5x. Over the past year, ASPI shares fell 80.6%, underperforming the S&P 500 (SPY), which gained 16.8%. The stock also trades 57.9% below its 200-day moving average.

ASPI key metrics →

What analysts expect

Wall Street coverage includes 3 Strong Buy ratings, with zero Buy, Hold, Sell, or Strong Sell recommendations. The mean price target is $13.00, representing a 507.5% premium over the last close of $2.14. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $19.9M and an EPS of -$0.70. For the following fiscal year, 2 analysts project revenue of $57.8M, representing 189.7% growth. Over the last 4 quarters, the company beat EPS estimates twice. The next earnings date is November 18, 2026.

ASPI forecast and price target →

Key risks and what to watch

  • High volatility is indicated by a beta of 3.70 and a 57.9% deficit relative to its 200-day moving average.
  • Total debt of $269.6M creates net debt of $14.7M in the presence of ongoing negative operating cash flow of -$37.8M in FY2025.
  • Short interest represents 18.9% of the float, reflecting meaningful negative market positioning.
  • Forward P/E of 54.3x sits well above the US-listed Basic Materials peer median of 13.4x.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this ASPI AI stock analysis

This page is an AI-written research summary of ASP Isotopes Inc. (ASPI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ASPI income statement, ASPI balance sheet, ASPI key metrics, ASPI analyst forecast, ASPI chart. See the ASPI stock overview for the latest quote and news.

ASPI AI stock analysis FAQ

What isotopes does ASP Isotopes produce?

ASP Isotopes focuses on the development and commercialization of Molybdenum-100 for medical imaging and diagnostics, as well as Uranium-235 for nuclear energy production.

What is the consensus analyst outlook for ASPI stock?

All 3 covering analysts rate ASPI as a Strong Buy, with a mean price target of $13.00 compared to its last close of $2.14.

How did ASP Isotopes perform financially in FY2025?

Revenue reached $23.8M, representing 475.5% annual growth, but the company reported a net loss of -$175.1M and free cash flow of -$47.4M.

When is the next earnings release for ASP Isotopes?

The next scheduled earnings date for ASP Isotopes is November 18, 2026.

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