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ARRY Stock Chart & Stats
$7.83
-$0.53(-7.65%)
At close: 4:00 PM EST
$7.83
-$0.53(-7.65%)
Day’s Range― - ―
52-Week Range$5.39 - $12.23
Previous CloseN/A
Volume2.06M
Average Volume (3M)6.26M
Market Cap
$993.72M
Enterprise Value$1.74B
Total Cash (Recent Filing)$200.70M
Total Debt (Recent Filing)$763.21M
Price to Earnings (P/E)―
Beta1.20
Next Earnings
Aug 11, 2026EPS Estimate
0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.84
Shares Outstanding153,826,390
10 Day Avg. Volume5,919,319
30 Day Avg. Volume6,258,902
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 Cap1.75
Enterprise Value/Revenue1.44
Enterprise Value/Gross Profit6.11
Enterprise Value/Ebitda58.87
Forecast
1Y Price Target
$10.02Price Target Upside27.94% 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 & LiquidityMaterial deleveraging and roughly $550M of available liquidity give Array durable financial flexibility to fund working capital, capex and product rollouts without immediate refinancing pressure. Lower leverage reduces bankruptcy risk and supports competitive bidding on large utility projects over cycles.
Consistent Positive Cash GenerationSustained positive operating and free cash flow, even amid GAAP losses, shows the business converts project revenues to cash and can support reinvestment and service capital needs. This cash generation underpins self-funding of growth and reduces reliance on dilutive external financing over the medium term.
Large Backlog & Product AdoptionA sizable, high‑quality backlog with strong new‑product penetration gives multi‑quarter revenue visibility and validates product competitiveness. High expected conversion and repeat book‑to‑bill support stable midterm demand, easing revenue volatility and enabling scale benefits as production ramps.
Bears Say
Persistent Profitability WeaknessOngoing net losses and negative margins limit return on equity and imply the core operating model has not fully recovered pricing or scale economics. Continued unprofitability can constrain reinvestment, increase reliance on leverage during downturns, and hamper long‑term shareholder value creation.
Revenue Softness / VolatilityA TTM revenue decline highlights sensitivity to project timing, ASP/mix shifts and competitive pressures in utility‑scale solar. Persistent top‑line volatility reduces operating leverage, complicates margin recovery and makes multi‑period planning for capacity, inventory and supply chain investments more uncertain.
Margin Sustainability RisksMaterial one‑time boosts in recent margins and rising freight/commodity expense create uncertainty around the company’s ability to sustain improved gross margins. International mix and SPI ramp may be lower‑margin, so consolidated profitability could retrace unless cost pass‑through or efficiency gains are durable.
ARRY FAQ
What was Array Technologies Inc’s price range in the past 12 months?
Array Technologies Inc lowest stock price was $5.39 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 $993.72M.
When is Array Technologies Inc’s upcoming earnings report date?
Array Technologies Inc’s upcoming earnings report date is Aug 11, 2026 which is in 30 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:
$10.02 (27.94% Upside)
$10.02 (27.94% Upside)
Blogger Sentiment
Bullish
ARRY Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 329.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 0.3%
Last 30 Days ▲ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.10%
12-Months-Change
Fundamentals
Return on Equity
-20.64%
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
All Analysts
Top Analysts
Average Price Target
$10.02
▲(27.94% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.66% Insiders
17.39% Mutual Funds
2.27% Other Institutional Investors
44.33% Public Companies and
Individual Investors










