Array Technologies Faces Shareholder Concerns on Executive Pay

An announcement from Array Technologies ( (ARRY) ) is now available.

On May 20, 2025, Array Technologies held its 2025 Annual Meeting of Stockholders where two board members, Jayanthi Iyengar and Tracy Jokinen, were elected for three-year terms. Additionally, Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025. However, a non-binding advisory proposal regarding executive compensation did not receive majority support, indicating potential shareholder concerns over executive pay.

The most recent analyst rating on (ARRY) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Array Technologies stock, see the ARRY Stock Forecast page.

Spark’s Take on ARRY Stock

According to Spark, TipRanks’ AI Analyst, ARRY is a Neutral.

Array Technologies is positioned in a challenging financial situation with negative profitability and high leverage. Despite these challenges, strong technical indicators and positive earnings guidance offer some optimism. The stock’s valuation remains a concern due to continued losses. Investors should weigh the robust growth potential against the financial and regulatory challenges.

To see Spark’s full report on ARRY stock, click here.

More about Array Technologies

Array Technologies, Inc. operates in the renewable energy industry, focusing on the development and supply of solar tracking systems, which are crucial for optimizing the efficiency of solar power installations.

Average Trading Volume: 6,414,230

Technical Sentiment Signal: Hold

Current Market Cap: $1.17B

For a thorough assessment of ARRY stock, go to TipRanks’ Stock Analysis page.