As previously reported, Deutsche Bank downgraded Array Technologies (ARRY) to Hold from Buy with a price target of $9, down from $11, following the company’s Q4 report. The 2026 outlook, while including a top-line in-line with the Street forecast at $1.45B, featured softer-than-expected adjusted EBITDA and a soft margin profile, the analyst tells investors.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARRY:
- Array Technologies downgraded to Hold from Buy at Deutsche Bank
- Array Technologies: Solid Demand and Backlog Offset by Weaker Margin Outlook, Justifying Hold Rating
- Closing Bell Movers: Nvidia pares post-earnings gains
- Array Technologies reports Q4 adjusted EPS (1c), consensus 0c
- Array Technologies sees FY26 adjusted EPS 65c-75c, consensus 88c