Backlog Quality And ExecutionImproved operational execution and the removal or repricing of low-margin fixed-price contracts have produced a cleaner, higher-quality backlog that supports more reliable contract fulfillment and margins.
Market DemandStrong demand for U.S. utility-scale solar driven by load growth from AI data centers and large technology customers positions Array Technologies to capture larger project bookings.
Valuation And Analyst SentimentAnalyst upgrades and higher price targets, combined with a notable discount to closest peers despite improved execution, create an attractive valuation narrative for investors.