Jefferies Reduces Price Target for Array Technologies, Inc. (ARRY) to $10 While Keeping 'Buy' Rating Intact
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
Updated: Sep 22 20250mins
Company Overview: Array Technologies, Inc. (NASDAQ: ARRY) is recognized as one of the 11 cheap clean energy stocks to buy, specializing in solar tracking technology and offering various tracker systems and smart software.
Analyst Insights: Jefferies has lowered its price target for Array from $13 to $10 while maintaining a 'Buy' rating, citing short-term margin pressures due to the acquisition of APA, which is expected to enhance revenue and market position in the long term.
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Analyst Views on ARRY
Wall Street analysts forecast ARRY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ARRY is 10.92 USD with a low forecast of 8.00 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
9 Buy
8 Hold
1 Sell
Moderate Buy
Current: 8.180
Low
8.00
Averages
10.92
High
15.00
Current: 8.180
Low
8.00
Averages
10.92
High
15.00
Morgan Stanley
Equal Weight
maintain
$8 -> $9
2025-12-02
Reason
Morgan Stanley
Price Target
$8 -> $9
2025-12-02
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Array Technologies to $9 from $8 and keeps an Equal Weight rating on the shares. The firm is refreshing its price target and model after Q3 earnings.
UBS
Buy
upgrade
$9 -> $15
2025-11-11
Reason
UBS
Price Target
$9 -> $15
2025-11-11
upgrade
Buy
Reason
UBS raised the firm's price target on Array Technologies to $15 from $9 and keeps a Buy rating on the shares. Array is well-positioned to benefit from significant demand for U.S.utility-scale solar to meet load growth demand from AI data centers and large technology companies, the analyst tells investors in a research note. The firm sees continued growth in Array's orderbook despite lingering concerns related to potential upcoming FEOC guidance and Section 232 tariffs on U.S. polysilicon and derivative product imports.
Seaport Research
Tom Curran
Neutral
to
Buy
upgrade
$12
2025-11-10
Reason
Seaport Research
Tom Curran
Price Target
$12
2025-11-10
upgrade
Neutral
to
Buy
Reason
Seaport Research analyst Tom Curran upgraded Array Technologies to Buy from Neutral with a $12 price target. The firm believes the company's turnaround plan is succeeding. This positions Array to be one of the industry's winners in 2026 and 2027, the analyst tells investors in a research note. Seaport believes the company "has recovered to a healthier position" in the U.S., where it is "benefiting from a flight-to-quality."
TD Cowen
Jeff Osborne
Hold
maintain
$8 -> $10
2025-11-06
Reason
TD Cowen
Jeff Osborne
Price Target
$8 -> $10
2025-11-06
maintain
Hold
Reason
TD Cowen analyst Jeff Osborne raised the firm's price target on Array Technologies to $10 from $8 and keeps a Hold rating on the shares. The firm said 2025 EBITDA guidance was narrowed, with gross margin guidance slightly lowered on tariffs and APA.
See All Ratings
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
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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.
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