Ascent Solar Technologies ASTI

NASDAQ ASTI
$1.71 -0.06 (-3.39%)
At close: Oct 23, 2026 · 4:00 PM EDT

Ascent Solar Technologies (ASTI) stock price is $1.71, down 3.39% on the day, as of Oct 23, 2026. It has a market cap of $16.79Mn, and is classified in the Solar Equipment industry (Industrials sector).

Key Stats
Market Cap16.79 Mn
P/E-2.02
P/S87.73
Revenue Growth (1y) (Qtr)461.31
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About

Ascent Solar Technologies, Inc. designs, manufactures, and sells flexible photovoltaic solar modules using proprietary Copper-Indium-Gallium-diSelenide technology on lightweight plastic substrates. The company targets high-value, weight-sensitive markets where traditional rigid solar panels are impractical, including aerospace, space power beaming, unmanned aerial vehicles, satellites, and defense applications. Its modules are distinguished by their durability, flexibility,…

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Sector: Industrials Sector rationale The company designs and manufactures solar equipment (flexible photovoltaic modules) sold to aerospace, defense, and satellite customers. According to the sector definitions, manufacturers of solar equipment belong in Industrials, while the Utilities sector is reserved for those who operate the networks and sell the electricity. Industries: Solar Equipment Solar Equipment Primary Ascent Solar Technologies designs, manufactures, and sells flexible photovoltaic solar modules using proprietary CIGS technology. Its revenue is primarily generated through the sale of these solar modules and integrated solar solutions. Space Space Secondary The company specifically targets the space market, providing solar power solutions for satellites, spacecraft, and space power beaming. Defense Defense Secondary The company sells its flexible solar modules to defense organizations and government agencies for use in unmanned aerial vehicles (UAVs) and other defense applications. Classified using BQ-MICS CIK: 0001350102

Product and Service Breakdown of Revenue (2025)

History

Concentration Risk By Benchmark Breakdown of Revenue (2025)

History
Peer percentiles

How Ascent Solar Technologies ranks

Ranked against the 71 companies in Clean Energy Equipment58 metrics · as of Oct 24, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −2.02xMedian 24.1x 29th
  • P/FCFNegative free cash flow −2.27xMedian 27.4x 20th
  • P/Operating cash flowNegative operating cash flow −2.28xMedian 19.8x 18th
  • P/S 87.7xMedian 2.17x 12th
  • P/B 1.10xMedian 1.78x 63rd
  • P/Tangible book 1.10xMedian 1.89x 67th
  • EV/EBITDANegative EBITDA −0.28xMedian 17.4x 4th
  • EV/EBITNegative EBIT −0.27xMedian 23.2x 4th
  • EV/Revenue 11.7xMedian 2.69x 19th
  • EV/FCFNegative free cash flow −0.30xMedian 25.0x 2nd
  • EV/Operating cash flowNegative operating cash flow −0.31xMedian 18.6x 2nd
  • PEG (3Y EPS CAGR)Negative earnings −0.02Median 0.76 Not meaningful —
Peer group

Peer Comparison

Companies in the Solar Equipment
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 GEV GE Vernova Inc. 216.95 Bn22.915.242.79 Bn
2 BE Bloom Energy Corp 57.07 Bn109.8114.900.00 Bn
3 FSLR First Solar, Inc. 18.48 Bn10.593.440.04 Bn
4 NXT Nextpower Inc. 11.96 Bn20.023.30-
5 BWXT BWX Technologies, Inc. 11.65 Bn32.833.322.02 Bn
6 GNRC Generac Holdings Inc. 11.03 Bn42.582.481.33 Bn
7 ENS EnerSys 6.03 Bn17.171.591.04 Bn
8 ASTI Ascent Solar Technologies, Inc. 0.02 Bn-2.0287.73-