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Array Technologies (ARRY)
NASDAQ:ARRY
ARRY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$3.97 - $14.85
Previous CloseN/A
Volume2.06M
Average Volume (3M)5.48M
Market Cap
$667.34M
Enterprise Value$1.74B
Total Cash (Recent Filing)$362.99M
Total Debt (Recent Filing)$692.58M
Price to Earnings (P/E)―
Beta1.13
Next Earnings
May 13, 2025EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.95
Shares Outstanding152,013,760
10 Day Avg. Volume3,693,740
30 Day Avg. Volume5,482,792
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.94
Price to Cash Flow (P/CF)3.80
P/FCF Ratio3.80
Enterprise Value/Market Cap2.61
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.84
Enterprise Value/Ebitda-9.46
Forecast
1Y Price Target
$8.35Price Target Upside109.80% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
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Bulls Say, Bears Say
Bulls Say
Global DemandGlobal demand for solar tracking equipment is estimated to remain strong through at least the end of the decade.
Market PerformanceThere has been a rebound in Array Technologies' U.S. win rate from 3Q23 to 3Q24.
Revenue GuidanceARRY's FY 2025 revenue guidance midpoint of $1.1 billion alleviates concerns 2024 issues resulted from cancellations vs. push outs.
Bears Say
Financial PerformanceArray's guidance for 2025 came in weaker than consensus on top-line growth and EBITDA margin, mainly due to weakness in Brazil.
Market ShareThere is concern that ARRY has been losing market share despite a compelling relative valuation.
Pricing DynamicsROW ASP declines are much steeper than anticipated and raise some concern on forward pricing dynamics.
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Ownership Overview
0.21% Insiders
21.96% Mutual Funds
40.68% Other Institutional Investors
13.36% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ARRY FAQ
What was Array Technologies’s price range in the past 12 months?
Array Technologies lowest stock price was $3.97 and its highest was $14.85 in the past 12 months.
What is Array Technologies’s market cap?
Array Technologies’s market cap is $667.34M.
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is May 13, 2025 which is in 33 days.
How were Array Technologies’s earnings last quarter?
Array Technologies released its earnings results on Feb 27, 2025. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.167 by -$0.007.
Is Array Technologies overvalued?
According to Wall Street analysts Array Technologies’s price is currently Undervalued.
Does Array Technologies pay dividends?
Array Technologies does not currently pay dividends.
What is Array Technologies’s EPS estimate?
Array Technologies’s EPS estimate is 0.07.
How many shares outstanding does Array Technologies have?
Array Technologies has 152,013,760 shares outstanding.
What happened to Array Technologies’s price movement after its last earnings report?
Array Technologies reported an EPS of $0.16 in its last earnings report, missing expectations of $0.167. Following the earnings report the stock price went down -19.389%.
Which hedge fund is a major shareholder of Array Technologies?
Currently, no hedge funds are holding shares in ARRY
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Array Technologies Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.35 (109.80% Upside)
$8.35 (109.80% Upside)
Blogger Sentiment
Bullish
ARRY Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 467.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $29.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-71.57%
12-Months-Change
Fundamentals
Return on Equity
-53.46%
Trailing 12-Months
Asset Growth
-16.45%
Trailing 12-Months
Company Description
Array Technologies
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.
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ARRY Company Deck
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ARRY Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
Array Technologies demonstrated strong financial performance with significant margin improvements and cash flow generation in 2024. The company saw growth in its order book and introduced several innovative products. However, challenges such as revenue decline, impairment charges, and market difficulties in Brazil affected the overall results. The guidance for 2025 is promising, aiming for a 20% top-line growth, but past year challenges still linger.Read More>---
ARRY Stock 12 Month Forecast
Average Price Target
$8.35
▲(109.80% Upside)
Technical Analysis
Best Analysts Covering ARRY
1 Year
1 Year Success Rate
5/14 ratings generated profit
1 Year Average Return
+1.51%
reiterated a buy rating 11 months ago
Copying Donovan Schafer CFA's trades and holding each position for 1 Year would result in 35.71% of your transactions generating a profit, with an average return of +1.51% per trade.
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