Education
About Us
Working with TipRanks
Follow Us
Array Technologies (ARRY)
NASDAQ:ARRY
RESEARCH TOOLSreports
ARRY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$4.89 - $15.35
Previous CloseN/A
Volume2.06M
Average Volume (3M)5.44M
Market Cap
$858.88M
Enterprise Value$1.74B
Total Cash (Recent Filing)$287.62M
Total Debt (Recent Filing)$680.20M
Price to Earnings (P/E)―
Beta1.44
Next Earnings
May 13, 2025EPS Estimate
0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.95
Shares Outstanding152,013,760
10 Day Avg. Volume7,209,009
30 Day Avg. Volume5,435,727
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.94
Price to Cash Flow (P/CF)3.70
P/FCF Ratio3.70
Enterprise Value/Market Cap2.03
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.84
Enterprise Value/Ebitda-118.16
Forecast
1Y Price Target
$8.41Price Target Upside55.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering18
---
Bulls Say, Bears Say
Bulls Say
Market DemandGlobal demand for solar tracking equipment is expected to remain strong through at least the end of the decade, driven by solar developers seeking to lower LCOEs from solar projects.
Order Book GrowthArray exited the year with a ~$2bn order book, with the domestic portion increasing >20% y/y. More than 50% of order book is expected to manifest as revenue in 2025.
Bears Say
Currency And Economic ConditionsThere are currency, tax, and tariff headwinds in Brazil affecting the company's performance.
Financial PerformanceArray's guidance for 2025 came in weaker than consensus on top-line growth and EBITDA margin, mainly due to weakness in Brazil.
Market ShareDespite a compelling relative valuation, there are concerns that ARRY has been losing market share.
---
Ownership Overview
0.26% Insiders
20.85% Mutual Funds
40.70% Other Institutional Investors
13.94% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ARRY FAQ
What was Array Technologies’s price range in the past 12 months?
Array Technologies lowest stock price was $4.89 and its highest was $15.35 in the past 12 months.
What is Array Technologies’s market cap?
Array Technologies’s market cap is $858.88M.
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is May 13, 2025 which is in 67 days.
How were Array Technologies’s earnings last quarter?
Array Technologies released its earnings results on Feb 27, 2025. The company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.167 by -$0.007.
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 0.07.
How many shares outstanding does Array Technologies have?
Array Technologies has 152,013,760 shares outstanding.
What happened to Array Technologies’s price movement after its last earnings report?
Array Technologies reported an EPS of $0.16 in its last earnings report, missing expectations of $0.167. Following the earnings report the stock price went down -19.389%.
Which hedge fund is a major shareholder of Array Technologies?
Currently, no hedge funds are holding shares in ARRY
---
Array Technologies Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$8.41 (55.17% Upside)
$8.41 (55.17% Upside)
Blogger Sentiment
Bullish
ARRY Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 467.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $29.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-57.88%
12-Months-Change
Fundamentals
Return on Equity
-53.46%
Trailing 12-Months
Asset Growth
-16.45%
Trailing 12-Months
Company Description
Array Technologies
Array Technologies Inc manufacturers of ground-mounting systems used in solar energy projects. The company's product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers referred to as a single-axis tracker that move solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Its operations are in United States, Australia, and Rest of the World with United States deriving majority of the revenue.
---
ARRY Company Deck
---
ARRY Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
Array Technologies demonstrated strong financial performance with significant margin improvements and cash flow generation in 2024. The company saw growth in its order book and introduced several innovative products. However, challenges such as revenue decline, impairment charges, and market difficulties in Brazil affected the overall results. The guidance for 2025 is promising, aiming for a 20% top-line growth, but past year challenges still linger.Read More>---
ARRY Stock 12 Month Forecast
Average Price Target
$8.41
▲(55.17% Upside)
Technical Analysis
Best Analysts Covering ARRY
1 Year
1 Year Success Rate
5/14 ratings generated profit
1 Year Average Return
+2.34%
reiterated a buy rating 10 months ago
Copying Donovan Schafer CFA's trades and holding each position for 1 Year would result in 35.71% of your transactions generating a profit, with an average return of +2.34% per trade.
---