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ARRY Stock Chart & Stats
$5.32
$0.10(1.88%)
At close: 4:00 PM EDT
$5.32
$0.10(1.88%)
Day’s Range― - ―
52-Week Range$4.77 - $12.23
Previous CloseN/A
Volume329.41K
Average Volume (3M)6.25M
Market Cap
$802.97M
Enterprise Value$2.15K
Total Cash (Recent Filing)$200.70M
Total Debt (Recent Filing)$763.21M
Price to Earnings (P/E)―
Beta1.18
Next Earnings
Aug 05, 2026EPS Estimate
0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.84
Shares Outstanding153,826,390
10 Day Avg. Volume6,659,274
30 Day Avg. Volume6,249,651
Financial Highlights & Ratios
PEG Ratio0.20
Price to Book (P/B)5.40
Price to Sales (P/S)1.10
P/FCF Ratio17.62
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$9.59Price Target Upside80.25% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
EPS Forecast (FY)0.73
Revenue Forecast (FY)$1.46B
Bulls Say, Bears Say
Bulls Say
Improved Leverage And LiquidityA meaningful reduction in leverage materially improves financial flexibility and lowers refinancing and covenant risk. With debt-to-equity moving from ~2.94 to ~0.40, the company can better absorb industry cycles, invest in operations or M&A, and withstand multi-quarter project timing variability without acute solvency pressure.
Positive Free Cash Flow GenerationSustained positive operating and free cash flow despite GAAP losses shows strong cash conversion from project activity. Positive FCF provides funding for capex, integration of acquisitions, and working-capital needs, reducing dependence on external financing across the next several quarters.
Record Backlog And Product TractionA $2.4B backlog with repeat ~2x book-to-bill and high expected conversion indicates durable demand and strong commercial execution. Rapid adoption of new products (now >50% of backlog) diversifies offerings and supports sustainable revenue mix improvement and longer-term competitive differentiation in utility-scale projects.
Bears Say
Ongoing GAAP Losses And Thin MarginsPersisting negative net margin and near‑zero EBITDA margin limit the company's ability to generate accounting profits and returns on equity. Inconsistent revenue trends and weak operating leverage mean profitability remains cyclical, constraining internal capital for growth and making results sensitive to small adverse cost or volume shifts.
One-time Items And Margin Sustainability RiskMaterial one‑time tailwinds inflated recent margins, obscuring the recurring margin baseline. If tariff recoveries and prior onshoring adjustments reverse or fade, consolidated margins could retrace, especially as international volumes and lower‑margin SPI work ramp, making near‑term margin guidance sensitive to nonrecurring effects.
Logistics, Commodity And Working-capital PressureRising freight and commodity costs plus seasonal working‑capital build reduce cash flow resilience and compress margins if passed slowly to customers. Given project timing sensitivity, persistent logistics headwinds could depress free cash flow and increase the volatility of cash conversion over the next several quarters.
Array Technologies News
ARRY FAQ
What was Array Technologies Inc’s price range in the past 12 months?
Array Technologies Inc lowest stock price was $4.77 and its highest was $12.23 in the past 12 months.
What is Array Technologies Inc’s market cap?
Array Technologies Inc’s market cap is $802.97M.
When is Array Technologies Inc’s upcoming earnings report date?
Array Technologies Inc’s upcoming earnings report date is Aug 05, 2026 which is in 3 days.
How were Array Technologies Inc’s earnings last quarter?
Array Technologies Inc released its earnings results on May 06, 2026. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of -$0.053 by $0.113.
Is Array Technologies Inc overvalued?
According to Wall Street analysts Array Technologies Inc’s price is currently Undervalued.
Does Array Technologies Inc pay dividends?
Array Technologies Inc does not currently pay dividends.
What is Array Technologies Inc’s EPS estimate?
Array Technologies Inc’s EPS estimate is 0.12.
How many shares outstanding does Array Technologies Inc have?
Array Technologies Inc has 153,826,390 shares outstanding.
What happened to Array Technologies Inc’s price movement after its last earnings report?
Array Technologies Inc reported an EPS of $0.06 in its last earnings report, beating expectations of -$0.053. Following the earnings report the stock price went up 0.861%.
Which hedge fund is a major shareholder of Array Technologies Inc?
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:
$9.59 (80.25% Upside)
$9.59 (80.25% Upside)
Blogger Sentiment
Neutral
ARRY Sentiment 50%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Increased
By 329.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 2.5%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.35%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
3.46%
Trailing 12-Months
Company Description
Array Technologies Inc
Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.
ARRY Company Deck
ARRY Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong operational momentum: meaningful sequential improvements in margins and adjusted EBITDA, a record $2.4 billion order book with ~2x book-to-bill for the second consecutive quarter, healthy volume growth (~15% QoQ), broad adoption of new products (now >50% of backlog), increased liquidity and reaffirmed full-year guidance. Offsetting items include Q1 one-time margin benefits (~300 bps), a GAAP net loss, working capital seasonality affecting near-term cash flow, and elevated logistics/commodity costs and regional macro uncertainty that could pressure margins as international volumes ramp. Overall, the positives (execution, product traction, backlog quality and liquidity) substantially outweigh the manageable near-term headwinds.View all ARRY earnings summariesARRY Stock 12 Month Forecast
Average Price Target
$9.59
▲(80.25% Upside)
Technical Analysis
Ownership Overview
0.66% Insiders
17.39% Mutual Funds
3.99% Other Institutional Investors
42.30% Public Companies and
Individual Investors