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Aspen Group, Inc. (ASPU)

$0.30 +$0.00 (+0.84%) |CouncilBUY · 58 · B
Bottom line: BUY — our Council read (58/100) and AI Score (52/100) broadly agree. Strongest signal: Seth Klarman bullish · Biggest watch-out: Ken Griffin bearish.
MCap: $9.36M| P/E Ratio: 1.3| Vol: 3.3K| 52-wk range: $0.04 – $0.41
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Aspen Group, Inc. (ASPU) trades at $0.30 with AI Score 52/100 (Grade B). Aspen Group, Inc. is an education technology company providing online higher education services in the United States. Market cap: $9.36M, Sector: Consumer defensive.

Price live · AI analysis from May 9, 2026
Aspen Group, Inc. is an education technology company providing online higher education services in the United States. It offers degree programs through Aspen University and United States University.

Analyst Coverage for ASPU: ASPU does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates ASPU against Consumer Defensive peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
BUY 58/100 · B

ASPU: 4/7 perspectives are bullish. Dominant signal: Seth Klarman bullish.

How is this calculated? →
Legends Council · 5 Legends + Moon AI
Ray Dalio
Bullish
Ken Griffin
Bearish
Jim Simons
Bullish
Izzy Englander
Neutral
Seth Klarman
Bullish
Moon AI
Bullish
Council Score · 8 perspectives · See tabs for details →

Aspen Group, Inc. (ASPU) Consumer Business Overview

CEOMichael D. Mathews
Employees312
HeadquartersNew York City, NY, US
IPO Year2012

Aspen Group, Inc. delivers online higher education programs in nursing, business, and other fields through its Aspen University and United States University subsidiaries. With a focus on degree-seeking students, the company operates within the competitive education technology sector, balancing growth with profitability.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: May 9, 2026

What Is the Investment Thesis for ASPU?

Aspen Group, Inc. presents a mixed investment thesis. The company's focus on online education aligns with the increasing demand for flexible learning solutions, potentially driving enrollment growth. A P/E ratio of 1.3 and a profit margin of 13.7% suggest potential profitability. However, the company's market capitalization of $9.36M indicates it is a micro-cap stock, which carries inherent risks. Growth catalysts include expanding program offerings and strategic partnerships. Key risks include competition from other online education providers and regulatory changes in the higher education sector. Investors should closely monitor student enrollment trends and financial performance to assess the company's long-term viability.

Based on FMP financials and quantitative analysis

ASPU Key Highlights

  • Profit Margin of 13.7% indicates potential profitability within the online education sector.
  • Gross Margin of 71.2% suggests efficient cost management in delivering online programs.
  • P/E Ratio of 1.3 may indicate undervaluation relative to earnings, but requires further analysis.
  • Enrollment of 13,334 degree-seeking students as of April 30, 2022, reflects the company's market reach.
  • Beta of -0.74 suggests lower volatility compared to the overall market, potentially offering stability during market downturns.

Who Are ASPU's Competitors?

ASPU is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
LRN Stride, Inc. $90.27 -0.19% $3.84B 96
COUR Coursera, Inc. $6.00 +1.69% $1.02B
AIU Meta Data Limited $0.61 +2.50% $37.56M 64
PRDO Perdoceo Education Corporation $34.43 +3.55% $2.16B 62
TAL TAL Education Group $9.89 +0.87% $6.02B 62
GOTU Gaotu Techedu Inc. $1.75 -0.29% $632.99M 60
SKIL Skillsoft Corp. $7.53 +6.66% $67.53M 52
UDMY Udemy, Inc. $4.63 +0.00% $677.28M 52

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ASPU's Key Strengths?

  • Established online education platform.
  • Focus on high-demand fields like nursing and business.
  • Experienced faculty and staff.
  • Proprietary online learning technologies.

What Are ASPU's Weaknesses?

  • Limited brand recognition compared to larger competitors.
  • Reliance on tuition revenue.
  • Vulnerability to regulatory changes in the education sector.
  • Small market capitalization.

What Could Drive ASPU Stock Higher?

  • Potential new partnerships with healthcare organizations to provide employee training programs by Q4 2026.
  • Continued expansion of online program offerings to attract a wider range of students.
  • Investments in advanced learning technologies to enhance student engagement and outcomes.

What Are the Key Risks for ASPU?

  • Financial-distress signal — its Altman Z-Score of -0.74 sits in the distress zone (elevated bankruptcy risk).
  • Increased competition from other online education providers could impact enrollment and revenue.
  • Changes in government regulations and funding for higher education could affect the company's financial performance.
  • Economic downturns could reduce student enrollment and tuition revenue.
  • Technological disruptions in the education sector could require significant investments in new technologies.

What Are the Growth Opportunities for ASPU?

  • Expansion of Program Offerings: Aspen Group can grow by introducing new degree programs and specializations in high-demand fields such as data science, cybersecurity, and healthcare management. The global online education market is projected to reach $325 billion by 2025, providing a substantial opportunity for Aspen to capture additional market share by diversifying its academic portfolio.
  • Strategic Partnerships with Employers: Collaborating with corporations and healthcare organizations to offer customized training programs for their employees can drive enrollment and revenue growth. Many companies are investing in employee development to address skills gaps, creating a market for tailored educational solutions. Aspen Group can leverage its online platform to deliver scalable and cost-effective training programs.
  • Geographic Expansion: While currently focused on the United States, Aspen Group can explore opportunities to expand its online education services to international markets. The global demand for online education is increasing, particularly in emerging economies with limited access to traditional educational institutions. Adapting its programs to meet the needs of international students can unlock new growth opportunities.
  • Enhanced Technology Platform: Investing in advanced learning technologies, such as AI-powered personalized learning and virtual reality simulations, can improve student engagement and outcomes. These technologies can also enhance the efficiency of online course delivery and reduce operational costs. By leveraging technology, Aspen Group can differentiate itself from competitors and attract a wider range of students.
  • Increased Marketing and Branding: Strengthening its marketing and branding efforts can help Aspen Group increase its visibility and attract more prospective students. This includes investing in digital marketing, social media campaigns, and partnerships with influencers in the education sector. A strong brand reputation can enhance student recruitment and retention rates.

What Opportunities Does ASPU Have?

  • Expansion into new degree programs and specializations.
  • Strategic partnerships with employers and healthcare organizations.
  • Geographic expansion into international markets.
  • Adoption of advanced learning technologies.

What Threats Does ASPU Face?

  • Increased competition from other online education providers.
  • Changes in government regulations and funding for higher education.
  • Economic downturns affecting student enrollment.
  • Technological disruptions in the education sector.

What Are ASPU's Competitive Advantages?

  • Established online education platform.
  • Accredited degree programs.
  • Focus on high-demand fields like nursing and business.
  • Experienced faculty and staff.
  • Proprietary online learning technologies.

What Does ASPU Do?

Founded in 1987 and headquartered in New York City, Aspen Group, Inc. has evolved into a prominent education technology company focused on delivering online higher education. The company operates through two primary institutions: Aspen University and United States University. These institutions offer a range of degree programs, including baccalaureate, master's, and doctoral degrees, catering to students seeking flexible and accessible educational opportunities. Aspen Group's academic portfolio spans nursing and health sciences, business and technology, arts and sciences, and education fields. As of April 30, 2022, Aspen Group reported an enrollment of 13,334 degree-seeking students. The company's strategic focus on online education positions it within the growing market for digital learning solutions, addressing the needs of a diverse student population seeking career advancement and personal development.

What Products and Services Does ASPU Offer?

  • Provides online higher education services.
  • Offers baccalaureate degree programs.
  • Offers master's degree programs.
  • Offers doctoral degree programs.
  • Focuses on nursing and health sciences programs.
  • Offers business and technology programs.
  • Provides arts and sciences programs.
  • Delivers education field programs.

How Does ASPU Make Money?

  • Generates revenue through tuition fees from degree-seeking students.
  • Offers a range of online degree programs across various disciplines.
  • Operates through Aspen University and United States University.

What Industry Does ASPU Operate In?

Aspen Group, Inc. operates within the education and training services industry, which is experiencing growth driven by increasing demand for online learning and skills development. The market is competitive, with numerous players offering online degree programs and professional training courses. Key trends include the adoption of new technologies, personalized learning experiences, and partnerships between educational institutions and industry. Aspen Group's focus on specific fields like nursing and business positions it within high-demand areas of the education market.

Who Are ASPU's Key Customers?

  • Students seeking baccalaureate degrees.
  • Students seeking master's degrees.
  • Students seeking doctoral degrees.
  • Working professionals looking to advance their careers.
  • Individuals seeking flexible online education options.
AI Confidence: 71% Updated: May 9, 2026

Aspen Group, Inc. (ASPU) Valuation Context

Valued at $9.36M, ASPU is classified as a micro-cap stock. Relative to its peer group, ASPU's quantitative score of 52/100 is below the peer average of 71/100.

ASPU Revenue & Earnings Trend

In Q1 2026, ASPU generated $10.4M in top-line revenue, marking a sequential decrease of 7.4%. The company recorded net income of $1.4M, with diluted EPS of $0.03. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Consumer Defensive stock should monitor closely. Across the four most recent quarters, ASPU averaged $0.04 in diluted EPS.

Company Profile

Aspen Group, Inc. operates in the Education & Training Services industry within the Consumer Defensive sector. It is headquartered in New York City, US. The company is led by CEO Matthew LaVay. ASPU has traded publicly since 2012.

ROE 19%Key Financial Metrics

Return on equity for Aspen Group, Inc. stands at 19.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 9.2%, showing how much profit it generates from its asset base. ASPU trades at a trailing price-to-earnings ratio of 1.28, below the Consumer Defensive sector average of ~29x. Its free cash flow yield is 19.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.80 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 64.9%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 6/9Financial Health

Aspen Group, Inc.'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.74 places it in the distress zone, a signal of elevated financial risk.

FY2026 estForward Outlook

Wall Street analysts project Aspen Group, Inc. revenue of about $194.5M for fiscal 2026, with EPS near $1.73.

ASPU Financials

Fundamental Snapshot

Revenue Growth (FY)
-11.9%
Net Income Growth (FY)
+88.6%
EPS Growth (FY)
+86.7%
Free Cash Flow Growth (FY)
+104.9%
P/E (TTM)
1.5
Return on Equity (TTM)
+19.1%
Current Ratio
0.8
EV/EBITDA (TTM)
2.7

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Established online education platform.
  • Focus on high-demand fields like nursing and business.
  • Experienced faculty and staff.
  • Proprietary online learning technologies.

Bear Case

  • Limited brand recognition compared to larger competitors.
  • Reliance on tuition revenue.
  • Vulnerability to regulatory changes in the education sector.
  • Small market capitalization.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026

Recent Quarterly Results

Quarter Revenue Net Income EPS
Q1 2026 $10M $1M $0.03
Q4 2025 $11M $651,738 $0.01
Q3 2025 $11M $406,805 $0.01
Q2 2025 $12M $4M $0.12

Based on FMP financials and quantitative analysis

ASPU Latest News

No recent news available for ASPU.

ASPU Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ASPU.

Price Targets

Wall Street price target analysis for ASPU.

ASPU MoonshotScore

52/100

What does this score mean?

The MoonshotScore rates ASPU's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Michael D. Mathews

CEO

Michael D. Mathews serves as the CEO of Aspen Group, Inc. His background includes extensive experience in the education and technology sectors. He has held leadership positions in various companies focused on online learning and educational services. Mathews has a proven track record of driving growth and innovation in the education industry. His expertise includes strategic planning, business development, and operational management. He is responsible for overseeing the overall strategic direction and performance of Aspen Group.

Track Record: Under Michael D. Mathews' leadership, Aspen Group has focused on expanding its online program offerings and increasing student enrollment. He has overseen the implementation of new technologies to enhance the online learning experience. Mathews has also focused on building strategic partnerships to drive growth and expand the company's market reach. Key milestones include increasing the number of degree-seeking students and improving the company's financial performance.

ASPU OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Aspen Group, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Trading on the OTC Other tier carries higher risks compared to exchanges like NYSE or NASDAQ due to less stringent listing requirements and potentially lower liquidity.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for stocks trading on the OTC Other tier, like Aspen Group, Inc., is typically low. This can result in wider bid-ask spreads and make it challenging to buy or sell large quantities of shares without significantly impacting the price. The low trading volume can also increase price volatility, making it more difficult for investors to execute trades at their desired prices. Investors should be aware of the potential for illiquidity and price fluctuations when trading ASPU on the OTC market.
OTC Risk Factors:
  • Limited financial disclosure increases information asymmetry.
  • Low trading volume and liquidity can lead to price volatility.
  • Higher risk of fraud and manipulation compared to listed exchanges.
  • Less stringent listing requirements may indicate financial instability.
  • Potential for delisting or trading suspension due to non-compliance.
Due Diligence Checklist:
  • Verify the company's financial statements and SEC filings.
  • Research the background and experience of the management team.
  • Assess the company's business model and competitive landscape.
  • Evaluate the company's regulatory compliance and legal risks.
  • Check for any history of fraud or misconduct.
  • Monitor trading volume and price volatility.
  • Consult with a financial advisor before investing.
Legitimacy Signals:
  • Established online education platform.
  • Accredited degree programs.
  • Focus on high-demand fields like nursing and business.
  • Experienced faculty and staff.
  • Proprietary online learning technologies.

Aspen Group, Inc. Consumer Defensive Stock: Key Questions Answered

What does Aspen Group, Inc. do?

Aspen Group, Inc. is an education technology company that provides online higher education services in the United States. It operates through Aspen University and United States University, offering baccalaureate, master's, and doctoral degree programs in nursing and health sciences, business and technology, arts and sciences, and education fields. The company focuses on providing flexible and accessible online learning opportunities to students seeking career advancement and personal development, catering to a diverse student population across the country.

What do analysts say about ASPU stock?

Given its OTC listing and limited analyst coverage, there is minimal publicly available analyst commentary on Aspen Group, Inc. Key valuation metrics include a P/E ratio of 1.3 and a profit margin of 13.7%. Growth considerations include the company's ability to expand its program offerings and attract new students. Investors should conduct their own independent research and due diligence to assess the company's potential risks and rewards. The stock's micro-cap status and OTC listing warrant caution.

What are the main risks for ASPU?

Aspen Group, Inc. faces several risks, including increased competition from other online education providers, changes in government regulations and funding for higher education, economic downturns affecting student enrollment, and technological disruptions in the education sector. As an OTC-listed company, ASPU also faces risks related to limited financial disclosure, low trading volume, and potential for price volatility. Investors should carefully consider these risks before investing in ASPU stock.

What are the key factors to evaluate for ASPU?

Aspen Group, Inc. (ASPU) holds an AI score of 52/100 (moderate). P/E: 1.3x vs the S&P 500's ~20-25x. Not financial advice.

How frequently does ASPU data refresh on this page?

ASPU prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven ASPU's recent stock price performance?

Aspen Group, Inc. (ASPU) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established online education platform. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider ASPU overvalued or undervalued right now?

Aspen Group, Inc. (ASPU) trades at 1.3x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying ASPU?

Before investing in Aspen Group, Inc. (ASPU), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available data as of 2026-05-09.
  • OTC market data may be limited or delayed.
  • Analyst opinions may not be widely available for OTC stocks.
Data Sources

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