ETF Movers on Friday: TAN and PTL
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 14 2025
0mins
Source: NASDAQ.COM
- ETF Performance: The Inspire 500 ETF is underperforming, down approximately 2.3% in Friday afternoon trading.
- Weakest Components: Notable declines among its components include Caris Life Sciences and Bitmine Immersion Technologies, both down about 3.8%.
- Market Context: The article mentions the performance of other ETFs, specifically highlighting TAN and PTL as movers.
- Author's Perspective: The views expressed are those of the author and do not necessarily represent Nasdaq, Inc.
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Analyst Views on ARRY
Wall Street analysts forecast ARRY stock price to rise
9 Analyst Rating
2 Buy
6 Hold
1 Sell
Hold
Current: 8.420
Low
9.00
Averages
10.44
High
15.00
Current: 8.420
Low
9.00
Averages
10.44
High
15.00
About ARRY
Array Technologies, Inc. is a provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop and operate solar photovoltaic (PV) sites. Its segments include Array Legacy Operations and STI Legacy Operations. Its products are a portfolio of integrated solar tracking systems comprised of software and hardware that include component parts such as steel tubing, steel supports, drivelines, center structures, electric motors, motor controller assemblies, bearing assemblies, gearboxes and electronic controllers, referred to as a single-axis tracker. Its flagship tracker uses a patented design that allows one motor to drive multiple rows of solar panels. Its products and services include Tracker Systems; DuraTrack HZ v3; Array STI H250; Array OmniTrack, and SmarTrack Software. SmarTrack is a range of software and control-based products designed for utility-scale solar sites. It is also a provider of solar racking and structural solutions.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Strong Performance: Array's Q1 revenue reached $223.4 million, surpassing analyst expectations of $201.7 million despite a 26.1% year-over-year decline, indicating the company's resilience amid industry challenges and solidifying its market position.
- Profitability Improvement: The adjusted EPS of $0.06 significantly beat analyst estimates of -$0.05, reflecting effective execution driven by increased project volumes and successful deployment of differentiated products, which enhances investor confidence.
- Progress in International Contracts: Management highlighted advancements in new product introductions and international contracts, indicating a strategic focus on innovation and customer engagement that is expected to drive future revenue growth.
- Full-Year Guidance Reaffirmed: The company reaffirmed its full-year revenue guidance of $1.45 billion, adjusted EPS guidance of $0.70, and EBITDA guidance of $215 million, demonstrating management's confidence in future performance.
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- CPI Impact: The April Consumer Price Index (CPI) rose to 3.8%, pushing Brent crude oil prices to around $107, exacerbating market concerns over rising manufacturing costs and negatively impacting stock performance.
- Manufacturing Cost Pressure: The ISM Prices Index reached 84.6% in April, a four-year high, with input costs rising 25.6 percentage points over three months, leading manufacturers to face higher production costs that compress gross margins.
- Market Overreaction: Despite the manufacturing PMI expanding for the fourth consecutive month, 69% of manufacturer comments expressed negative sentiment regarding the Iran war and tariffs, indicating that the stock market's reaction to news may present buying opportunities for high-quality stocks.
- American Superconductor Volatility: American Superconductor (AMSC) shares have risen 73.5% year-to-date but remain 17.8% below their 52-week high, reflecting cautious market sentiment regarding its future performance, prompting investors to monitor price volatility for potential investment opportunities.
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- Revenue Growth: Array Technologies reported Q1 2026 revenue of $223.4 million, surpassing expectations and achieving a record order book of $2.4 billion, indicating strong demand and growth potential in the solar market.
- Adjusted Profitability: Despite a GAAP net loss of $13.5 million, or $0.09 per share, the company achieved an adjusted EBITDA of $28.8 million and an adjusted net income of $0.06 per diluted share, reflecting improvements in profitability metrics.
- International Expansion: The company is expanding its international footprint with new contracts in Turkey, Peru, and Colombia, launching the DuraTrack D2S dual-row tracker that incorporates patented wind stow technology and SmarTrack software, enhancing its competitive edge in global markets.
- Full-Year Guidance: Management reaffirmed its full-year 2026 guidance, projecting revenue between $1.4 billion and $1.5 billion and adjusted EBITDA in the range of $200 million to $230 million, demonstrating confidence in future growth prospects.
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- Earnings Surprise: Array Technologies reported a Q1 non-GAAP EPS of $0.06, beating expectations by $0.11, indicating strong profitability amidst challenging market conditions.
- Revenue Decline: The revenue of $223.41 million, down 26.1% year-over-year, still surpassed market expectations by $21.75 million, demonstrating resilience in the face of adversity.
- Record Contract Execution: As of March 31, 2026, the company achieved a total of $2.4 billion in executed contracts and awarded orders, with a book-to-bill ratio of 2x, reflecting robust market demand and order growth.
- Optimistic Outlook: For the year ending December 31, 2026, revenue is expected to range between $1.4 billion and $1.5 billion, with adjusted EBITDA projected between $200 million and $230 million, both exceeding market consensus and showcasing confidence in future growth.
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- Year-to-Date Performance: The Invesco Solar ETF (TAN) has risen 16% year-to-date and 62% since President Trump's inauguration, indicating strong investor interest in alternative energy despite political fluctuations, reflecting ongoing market focus on green energy.
- Trump's Term Impact: During Trump's first term, TAN surged approximately 550%, while it plummeted around 70% under Biden, highlighting the significant influence of political climate on the solar sector, which investors should closely monitor for potential policy shifts.
- Technical Chart Analysis: Currently, TAN is consolidating near its 50-day moving average between $52 and $60, with momentum indicators suggesting a likely resumption of the upward trend, making it an attractive option for long-term investors.
- Future Targets: Analysts recommend going long above $50 with stop-losses just below $45, targeting a price of $60 and potentially reaching the mid-70s, indicating that rising oil prices could provide a favorable tailwind for the solar sector's growth.
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- Oversold Signal: Array Technologies (Ticker: ARRY) hit an RSI of 29.4 during Friday's trading, indicating an oversold condition as shares dipped to $6.63, suggesting that recent heavy selling may be nearing exhaustion and providing potential buying opportunities for bullish investors.
- Market Comparison: Compared to the S&P 500 ETF's current RSI of 41.2, ARRY's oversold status may attract investor attention, particularly given the overall strong market performance, highlighting its relative value appeal.
- Historical Performance Analysis: Over the past 52 weeks, ARRY's stock has seen a low of $3.76 and a high of $12.23, with the latest trade at $6.81, indicating that the current price is close to its low point, potentially offering investors a lower entry cost.
- Investor Sentiment: With the emergence of the oversold signal, investors may reassess their holding strategies, especially amid increasing market volatility, seeking suitable buying opportunities to achieve potential capital appreciation.
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