Array Technologies Inc (ARRY)

Currency in USD
5.86
+0.56(+10.57%)
Closed·
5.84-0.02(-0.34%)
·
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Fair Value
Day's Range
5.315.98
52 wk Range
3.0912.23
Key Statistics
Prev. Close
5.86
Open
5.4
Day's Range
5.31-5.98
52 wk Range
3.09-12.23
Volume
13.85M
Average Vol. (3m)
7.94M
1-Year Change
-31.4403%
Book Value / Share
-1.35
Fair Value
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Fair Value Upside
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ARRY Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
6.98
Upside
+19.18%
Members' Sentiments
Bearish
Bullish
ProTips
6 analysts have revised their earnings downwards for the upcoming period

Array Technologies Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Analyst Ratings

9 Buy
12 Hold
0 Sell
Ratings:
21 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 6.98
(+19.18% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Guggenheim
Buy6.00+2.39%13.00MaintainOct 28, 2026
BMO Capital
Hold6.00+2.39%7.00MaintainOct 21, 2026
JPMorgan
Hold7.00+19.45%8.00MaintainOct 19, 2026
Mizuho
Buy5.00-14.68%7.00UpgradeOct 15, 2026
Morgan Stanley
Hold6.00+2.39%8.00MaintainOct 14, 2026

Array Technologies Inc SWOT Analysis


Future Prospects
Delve into Array's potential for leveraging strong bookings and rising steel prices to drive growth, with analyst price targets ranging from $7 to $11
Competitive Positioning
Explore Array's strategies to maintain market share against rivals expanding product offerings and increasing R&D investments in the solar tracking secto
Financial Outlook
Despite recent setbacks, analysts project a return to growth for Array in 2025, with revenue forecasts of 20% and improving gross margins
Solar Market Dynamics
Array Technologies navigates a complex landscape in the solar industry, facing revenue declines amid fierce competition and operational challenges
Read full SWOT analysis

Array Technologies Inc Earnings Call Summary for Q3/2026

  • Array Technologies and Shoals Technologies announced stock-for-stock merger targeting $100M+ annual synergies by year three, shares surged 18.86% to $5.52.
  • Array reported $330M revenue with record $2.6B order book (up 42% YoY); Shoals posted record $195.3M revenue (up 44% YoY) with 31.9% gross margin.
  • Combined company projects 2027 revenue of $2.2B-$2.4B with $410M-$480M adjusted EBITDA, implying ~18.5%-20% margin and 12% revenue growth at midpoint.
  • Merger combines Array's tracker systems with Shoals' electrical balance-of-systems, targeting utility solar, battery storage, and data center infrastructure.
  • Pro forma net debt-to-EBITDA expected at 2.6x in 2026, below 2.0x in 2027; companies plan $161.3M preferred stock redemption within 90 days post-close.
Last Updated: 11/04/2026, 09:58 AM
Read Full Transcript
Array investor slides for Q3/2026
Array, Shoals Q3 2026 slides
Last Update: Nov 04, 2026
See full investor slides

Earnings

Latest Release
Nov 04, 2026
EPS / Forecast
0.06 / 0.09
Revenue / Forecast
330.21M / 322.56M
EPS Revisions
Last 90 days

ARRY Income Statement

Compare ARRY to Peers and Sector

Metrics to compare
ARRY
Peers
Sector
Relationship
P/E Ratio
−5.2x−1.5x10.8x
PEG Ratio
0.06−0.020.03
Price / Book
−4.3x2.6x1.4x
Price / LTM Sales
0.8x0.8x1.1x
Upside (Analyst Target)
19.2%133.5%35.8%
Fair Value Upside
Unlock30.0%11.9%Unlock

Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company’s products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

Sector
Energy
Employees
1200

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
114.71M74.49%611.42M
Other Institutional Investors
96.05M25.51%511.96M
Public Companies & Retail Investors
0.000.00%0.00
Total
210.77M100.00%1.12B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.12.00%18,475,76598,476
Hill City Capital Master Fund LP8.37%12,891,30068,711

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FAQ

What Is the Array (ARRY) Stock Price Today?

The Array stock price today is 5.86 USD.

What Stock Exchange Does Array Trade On?

Array is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Array?

The stock symbol for Array is "ARRY."

What Is the Array Market Cap?

As of today, Array market cap is 817.63M USD.

What Is Array's Earnings Per Share (TTM)?

The Array EPS (TTM) is -1.14.

When Is the Next Array Earnings Date?

Array will release its next earnings report on Mar 03, 2027.

From a Technical Analysis Perspective, Is ARRY a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Array Stock Split?

Array has split 0 times.

How Many Employees Does Array Have?

Array has 1200 employees.

What is the current trading status of Array (ARRY)?

As of Nov 07, 2026, Array (ARRY) is trading at a price of 5.86 USD, with a previous close of 5.86 USD. The stock has fluctuated within a day range of 5.31 USD to 5.98 USD, while its 52-week range spans from 3.09 USD to 12.23 USD.

What Is Array (ARRY) Price Target According to Analysts?

The average 12-month price target for Array is 6.98 USD, with a high estimate of 12 USD and a low estimate of 4 USD. 9 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Buy. The stock has an +19.18% Upside potential.

What Is the ARRY Premarket Price?

ARRY's last pre-market stock price is 5.38 USD. The pre-market share volume is 43,100.00, and the stock has decreased by 0.08, or 1.51%.

What Is the ARRY After Hours Price?

ARRY's last after hours stock price is 5.84 USD, the stock has decreased by -0.02, or -0.34%.
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