🚀 ASTI Rockets 150%: What’s Fueling Ascent Solar Technologies’ Wild Surge Today?

Ascent Solar Technologies (ASTI) just pulled off a moonshot—soaring 150% in a single session. Here’s the breakdown.

The Spark: No earnings report, no FDA approval—just pure market chaos and maybe a whisper of gamma squeeze. Retail traders are piling in like it’s 2021 again.

Solar Flare or Mirage? Thinly traded penny stocks love a good narrative. 'Green energy play' gets thrown around, but let’s be real—this is a casino chip with a ticker.

Wall Street’s Take: Zero analyst coverage (shocking). Meanwhile, shorts are getting vaporized—or quietly loading up for the inevitable crash.

Bonus cynicism: If you bought ASTI for the 'long-term solar thesis,' you’re either a visionary or failed to read the float size. Either way—enjoy the ride.

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This collaboration will have Ascent Solar Technologies providing design and prototyping services, while NASA will offer technical subject matter expertise and test services. The two will work over 12 months to mature these technologies to reduce the “cost, complexity and risk of NASA missions.”

ASTI stock was up 151.5% in pre-market trading, following a 27.19% drop yesterday. The shares are also down 64.37% year-to-date and 88.8% over the past 12 months.

Is Ascent Solar Technologies Stock a Buy, Sell, or Hold?

Wall Street doesn’t offer significant coverage of Ascent Solar Technologies, but TipRanks’ AI analyst Spark has it covered. Spark rates ASTI stock a Neutral (43) with a $1.50 price target, representing a potential 28.76% upside for the shares. It cites “weak financial performance and unappealing valuation” as reasons for this stance.