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Array Technologies (ARRY)
NASDAQ:ARRY
ARRY Stock Chart & Stats
$7.58
-$0.53(-7.65%)
At close: 4:00 PM EST
$7.58
-$0.53(-7.65%)
Day’s Range― - ―
52-Week Range$3.76 - $12.23
Previous CloseN/A
Volume2.06M
Average Volume (3M)6.53M
Market Cap
$1.16B
Enterprise Value$1.02B
Total Cash (Recent Filing)$244.39M
Total Debt (Recent Filing)$107.53M
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. Volume8,717,299
30 Day Avg. Volume6,529,734
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 Cap0.88
Enterprise Value/Revenue0.79
Enterprise Value/Gross Profit3.60
Enterprise Value/Ebitda25.75
Forecast
1Y Price Target
$10.38Price Target Upside36.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
EPS Forecast (FY)0.74
Revenue Forecast (FY)$1.46B
Bulls Say, Bears Say
Bulls Say
Backlog And DemandRecord backlog growth and a healthy book-to-bill, with a large portion tied to tier-1 customers, signal strong commercial momentum and lower execution risk.
Operational ExecutionManagement's removal and repricing of low-margin fixed-price contracts and a shift to technical sales collaboration are improving backlog quality and shifting competition toward product value, supporting margin recovery.
ValuationStock trades at a sizable valuation discount to closest peers, creating upside potential if improved execution and bookings are sustained.
Bears Say
Guidance And Timing RiskGuidance below analyst expectations and timing of order fulfillment may pressure reported results and weigh on investor sentiment.
Margin PressurePrioritizing backlog growth at the expense of margins, together with aggressive pricing from smaller competitors and raw material cost pressure, is likely to keep gross margins under strain.
Valuation AssumptionsAnalyst models that assign significant value to acquisition-linked tax credits suggest investors may be valuing the core business conservatively, increasing downside risk if credits or acquisition benefits fail to materialize.
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 $1.16B.
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is May 12, 2026 which is in 69 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 (36.94% Upside)
$10.38 (36.94% Upside)
Blogger Sentiment
Bullish
ARRY Sentiment 75%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 368.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.0%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
News Sentiment
Neutral
Bullish news 44%
Bearish news 56%
Bearish news 56%
Technicals
SMA
Positive
20 days / 200 days
Momentum
15.72%
12-Months-Change
Fundamentals
Return on Equity
-19.02%
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
▲(36.94% Upside)
Technical Analysis
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FTC Solar
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Nextpower Inc
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Ownership Overview
0.41% Insiders
19.73% Mutual Funds
20.13% Other Institutional Investors
33.73% Public Companies and
Individual Investors