Array Technologies (ARRY)
NASDAQ:ARRY
ARRY Stock Chart & Stats
$7.49
-$0.53(-7.65%)
At close: 4:00 PM EST
$7.49
-$0.53(-7.65%)
Day’s Range― - ―
52-Week Range$3.98 - $12.23
Previous CloseN/A
Volume2.06M
Average Volume (3M)4.85M
Market Cap
$1.07B
Enterprise Value$1.67B
Total Cash (Recent Filing)$244.39M
Total Debt (Recent Filing)$766.19M
Price to Earnings (P/E)―
Beta1.04
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. Volume3,655,609
30 Day Avg. Volume4,847,007
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 Cap1.56
Enterprise Value/Revenue1.30
Enterprise Value/Gross Profit5.88
Enterprise Value/Ebitda42.09
Forecast
1Y Price Target
$10.25Price Target Upside36.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
EPS Forecast (FY)0.69
Revenue Forecast (FY)$1.45B
Bulls Say, Bears Say
Bulls Say
Backlog Quality And BookingsRecord bookings and a larger backlog concentrated with tier one customers reduce execution and credit risk while indicating a healthy pipeline for future revenue.
Sales Strategy ShiftA deliberate move to sell directly to project owners and add technical application engineers has increased win rates by shifting competition toward product value and supporting margin expansion.
Valuation And Analyst ConfidenceAnalyst upgrade and a higher price target, combined with the stock trading at a discount to peers, create a compelling valuation case if execution and bookings remain strong.
Bears Say
Guidance And Earnings RiskRecent results and lowered margin guidance have fallen short of analyst expectations, increasing near-term earnings risk and prompting downward model revisions.
Input-cost And Pricing PressureRising input costs and lower average selling prices from expanded international exposure are compressing gross margins and weighing on profitability.
Margin Tradeoffs From Growth StrategyPrioritizing backlog growth through aggressive pricing and lower-margin international projects may sustain revenue but could keep margins flat and limit near-term profit improvement.
Array Technologies News
ARRY FAQ
What was Array Technologies’s price range in the past 12 months?
Array Technologies lowest stock price was $3.98 and its highest was $12.23 in the past 12 months.
What is Array Technologies’s market cap?
Array Technologies’s market cap is $1.07B.
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is May 12, 2026 which is in 26 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:
$10.25 (36.85% Upside)
$10.25 (36.85% Upside)
Blogger Sentiment
Bullish
ARRY Sentiment 60%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 368.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
64.31%
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
$10.25
▲(36.85% 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