Array Technologies Inc (ARRY)

Currency in USD
5.30
-0.03(-0.56%)
Closed·
5.47+0.17(+3.21%)
·
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Fair Value
Day's Range
4.745.49
52 wk Range
3.0912.23
Key Statistics
Prev. Close
5.3
Open
5.34
Day's Range
4.74-5.49
52 wk Range
3.09-12.23
Volume
19.44M
Average Volume (3m)
7.99M
1-Year Change
-36.6786%
Book Value / Share
-1.35
Fair Value
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Fair Value Upside
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ARRY Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
6.94
Upside
+30.96%
Members' Sentiments
Bearish
Bullish
ProTips
6 analysts have revised their earnings downwards for the upcoming period

Array Technologies Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

11 Buy
13 Hold
0 Sell
Ratings:
24 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 6.94
(+30.96% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Guggenheim
Buy6.00+13.21%13.00Maintain28-10-2026
BMO Capital
Hold6.00+13.21%7.00Maintain21-10-2026
JPMorgan
Hold7.00+32.08%8.00Maintain19-10-2026
Mizuho
Buy5.00-5.66%7.00Upgrade15-10-2026
Morgan Stanley
Hold6.00+13.21%8.00Maintain14-10-2026

Array Technologies Inc SWOT Analysis


Financial Headwinds
Array Technologies faces a 40% revenue decline and reduced FY24 expectations, yet maintains a strong 17% free cash flow yield, signaling potential for recovery.
Market Share Concerns
Explore Array's competitive challenges, including potential market share loss to rivals like NXT, and its efforts to maintain its position in the clean energy sector.
Operational Hurdles
Delve into Array's project delays, particularly in Brazil, and backlog fulfillment issues, highlighting the company's exposure to international market complexities.
Future Growth Prospects
Analysts project a return to growth in 2025, with price targets ranging from $4.50 to $22.00, reflecting varied perspectives on Array's potential in the evolving market.
Read full SWOT analysis

Array Technologies Inc Earnings Call Summary for Q3/2026

  • Array Technologies and Shoals Technologies announced stock-for-stock merger targeting $100M+ annual synergies by year three, shares surged 18.86% to $5.52.
  • Array reported $330M revenue with record $2.6B order book (up 42% YoY); Shoals posted record $195.3M revenue (up 44% YoY) with 31.9% gross margin.
  • Combined company projects 2027 revenue of $2.2B-$2.4B with $410M-$480M adjusted EBITDA, implying ~18.5%-20% margin and 12% revenue growth at midpoint.
  • Merger combines Array's tracker systems with Shoals' electrical balance-of-systems, targeting utility solar, battery storage, and data center infrastructure.
  • Pro forma net debt-to-EBITDA expected at 2.6x in 2026, below 2.0x in 2027; companies plan $161.3M preferred stock redemption within 90 days post-close.
Last Updated: 04-11-2026, 08:30 pm
Read Full Transcript

Earnings

Latest Release
04-11-2026
EPS / Forecast
0.06 / 0.09
Revenue / Forecast
330.21M / 322.56M
EPS Revisions
Last 90 days

ARRY Income Statement

Compare ARRY to Peers and Sector

Metrics to compare
ARRY
Peers
Sector
Relationship
P/E Ratio
−4.7x−1.2x11.1x
PEG Ratio
0.05−0.010.03
Price/Book
−3.9x2.4x1.4x
Price / LTM Sales
0.7x0.6x1.1x
Upside (Analyst Target)
31.0%154.0%34.4%
Fair Value Upside
Unlock44.2%10.9%Unlock

Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company’s products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

Sector
Energy
Employees
1200

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
114.71M74.49%611.42M
Other Institutional Investors
96.05M25.51%511.96M
Public Companies & Retail Investors
0.000.00%0.00
Total
210.77M100.00%1.12B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.12.00%1,84,75,76598,476
Hill City Capital Master Fund LP8.37%1,28,91,30068,711

FAQ

What Is the Array (ARRY) Share Price Today?

The Array share price today is 5.30.

What is the current Array (ARRY) share price and day range?

As of 06-11-2026, the Array share price is 5.30, with a previous close of 5.30. The share price has ranged from 4.74 to 5.49 today, while the 52-week range spans from 3.09 to 12.23.

What Is the Array Market Cap?

As of today, Array market cap is 816.86M.

What Is the Array (ARRY) Share Price Target?

The average 12-month share price target for Array is 6.94, with a high estimate of 12 and a low estimate of 4. 11 analysts recommend buying, while 0 suggest selling, with an overall rating of Buy and +30.96% Upside potential.

What Is Array's Earnings Per Share (TTM)?

The Array EPS (TTM) is -1.14.

When Is the Next Array Earnings Date?

Array will release its next earnings report on 03-03-2027.

From a Technical Analysis Perspective, Is ARRY a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

What Stock Exchange Does Array Trade On?

Array is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Array?

The stock symbol for Array is "ARRY."

How Many Times Has Array Stock Split?

Array has split 0 times.

How Many Employees Does Array Have?

Array has 1200 employees.

What Is the ARRY Premarket Price?

ARRY's last pre-market stock price is 5.47. The pre-market share volume is 14,860.00, and the stock has changed by 0.17, or 3.21%.

What Is the ARRY After Hours Price?

ARRY's last after hours stock price is 5.27, the stock has changed by -0.03, or -0.57%.
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