Array Technologies (ARRY)
NASDAQ:ARRY
ARRY Stock Chart & Stats
$7.24
-$0.53(-7.65%)
At close: 4:00 PM EST
$7.24
-$0.53(-7.65%)
Day’s Range― - ―
52-Week Range$3.76 - $12.23
Previous CloseN/A
Volume2.06M
Average Volume (3M)6.68M
Market Cap
$1.03B
Enterprise Value$1.70B
Total Cash (Recent Filing)$244.39M
Total Debt (Recent Filing)$766.19M
Price to Earnings (P/E)―
Beta1.25
Next Earnings
May 12, 2026EPS Estimate
-0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding152,849,000
10 Day Avg. Volume4,473,566
30 Day Avg. Volume6,680,165
Financial Highlights & Ratios
PEG Ratio0.43
Price to Book (P/B)5.40
Price to Sales (P/S)1.10
P/FCF Ratio17.62
Enterprise Value/Market Cap1.65
Enterprise Value/Revenue1.33
Enterprise Value/Gross Profit6.01
Enterprise Value/Ebitda43.02
Forecast
1Y Price Target
$10.38Price Target Upside43.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)0.71
Revenue Forecast (FY)$1.45B
Bulls Say, Bears Say
Bulls Say
Operational ExecutionChanges in commercial execution—including adding technical sales staff, repricing low‑margin contracts, and strategic product expansion—should improve contract quality and help margins as the APA acquisition integrates.
Order BacklogRecord backlog and a book-to-bill ratio well above one point to a robust pipeline of contracted projects, with a large portion tied to tier-1 customers that reduces execution and credit risk.
Valuation OpportunityA notable valuation discount to close peers on an enterprise-value basis, together with analyst upgrades and higher price targets, supports a compelling risk/reward for investors.
Bears Say
Guidance And Earnings RiskBelow-consensus quarterly results and weaker guidance increase near-term earnings risk, with revenue timing skewed toward later quarters potentially depressing reported results.
International Expansion RiskExpansion into international markets is driving large project bookings but often at lower margins and amid ongoing local headwinds, which could dilute overall profitability.
Margin PressureRising input costs and aggressive pricing from smaller competitors are compressing gross margins and placing sustained pressure on profitability.
Array Technologies News
ARRY FAQ
What was Array Technologies’s price range in the past 12 months?
Array Technologies lowest stock price was $3.76 and its highest was $12.23 in the past 12 months.
What is Array Technologies’s market cap?
Array Technologies’s market cap is $1.03B.
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is May 12, 2026 which is in 47 days.
How were Array Technologies’s earnings last quarter?
Array Technologies released its earnings results on Feb 25, 2026. The company reported -$0.01 earnings per share for the quarter, missing the consensus estimate of -$0.008 by -$0.002.
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 -0.05.
How many shares outstanding does Array Technologies have?
Array Technologies has 152,849,000 shares outstanding.
What happened to Array Technologies’s price movement after its last earnings report?
Array Technologies reported an EPS of -$0.01 in its last earnings report, missing expectations of -$0.008. Following the earnings report the stock price went down -33.818%.
Which hedge fund is a major shareholder of Array Technologies?
Currently, no hedge funds are holding shares in ARRY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Array Technologies Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$10.38 (43.37% Upside)
$10.38 (43.37% Upside)
Blogger Sentiment
Bullish
ARRY Sentiment 75%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 368.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 3.1%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
32.35%
12-Months-Change
Fundamentals
Return on Equity
-15.43%
Trailing 12-Months
Asset Growth
1.81%
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.
ARRY Company Deck
ARRY Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong commercial momentum and clear progress: exceptional top-line growth (40% YoY), a record $2.2 billion order book, successful APA integration and improved liquidity and adjusted profitability. Management acknowledged margin headwinds driven largely by the falloff of a prior-year 45X amortization benefit, one-time STI-related charges, rising commodity costs and international market softness. Guidance for 2026 shows continued revenue growth and stable adjusted margins (26%–27%) with improving operational leverage over time. Overall, the positives (robust growth, bookings, product roadmap, APA synergies and stronger balance sheet) outweigh the near-term accounting-driven and cyclical challenges, supporting a constructive outlook.View all ARRY earnings summariesARRY Stock 12 Month Forecast
Average Price Target
$10.38
▲(43.37% Upside)
Technical Analysis
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Ownership Overview
0.46% Insiders
20.46% Mutual Funds
33.06% Other Institutional Investors
19.89% Public Companies and
Individual Investors