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ARRY

Array Technologies Inc
$
7.100
+0.21(3.048%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings
Line
Line
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Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
7.140
Open
7.000
VWAP
7.06
Vol
4.40M
Mkt Cap
1.08B
Low
6.910
Amount
31.08M
EV/EBITDA(TTM)
10.85
Total Shares
151.77M
EV
1.84B
EV/OCF(TTM)
19.64
P/S(TTM)
1.01
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. The Company’s 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, commonly 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.
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Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q4
FY2025Q3
FY2025Q2
258.01M
-6.26%
0.133
-17.05%
261.64M
+13.07%
0.179
+5.05%
292.76M
+14.46%
0.191
-4.6%
Estimates Revision
The market is revising Upward the revenue expectations for Array Technologies, Inc. (ARRY) for FY2025, with the revenue forecasts being adjusted by 1.93% over the past three months. During the same period, the stock price has changed by 69.86%.
Revenue Estimates for FY2025
Revise Upward
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+1.93%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
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+5.11%
In Past 3 Month
Stock Price
Go Up
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+69.86%
In Past 3 Month
19 Analyst Rating
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18.73% Upside
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 8.43 USD with a low forecast of 4.50 USD and a high forecast of 13.00  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.
8 Buy
11 Hold
0 Sell
Moderate Buy
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18.73% Upside
Current: 7.100
sliders
Low
4.50
Averages
8.43
High
13.00
BofA
Neutral
maintain
$7 -> $8
2025-06-26
Reason
BofA raised the firm's price target on Array Technologies to $8 from $7 and keeps a Neutral rating on the shares. Array priced $300M of 2.875% convertible senior notes due 2031 and the stock fell 14%, which is likely on hedge-related selling ahead of pricing, the analyst tells investors. The conversion price implies $8.12 per share, a 27.5% premium to the prior close, with about 22% potential dilution, but capped calls likely offset dilution above $12.74 per share, the analyst said. The firm adjusted its model to include the convert and debt repayment, revising FY26 EBITDA down about 9% and FY27 up by about 5% to reflect regional mix shift and lower-margin international exposure, the analyst added.
Mizuho
Maheep Mandloi
Neutral
maintain
$8 -> $9
2025-06-21
Reason
Mizuho analyst Maheep Mandloi raised the firm's price target on Array Technologies to $9 from $8 and keeps a Neutral rating on the shares after the company announced a plan to acquire APA Solar. Array expects the acquisition to be accretive to adjusted earnings in the first year, before synergies, the analyst tells investors in a research note.
JPMorgan
Overweight
maintain
$12 -> $13
2025-06-21
Reason
JPMorgan raised the firm's price target on Array Technologies (ARRY) to $13 from $12 and keeps an Overweight rating on the shares after the company said it intends to acquire APA Solar, a privately-held foundation and fixed-tilt solutions provider for the utility-scale solar market. Similar to peer Nextracker's (NXT) two foundation acquisitions over the past year, JPMorgan likes this deal, which is expected to be immediately accretive with material cost and revenue synergies as customers increasingly seek broader solutions, the analyst tells investors in a research note.
Jefferies
Buy
maintain
$7 -> $10
2025-05-20
Reason
Guggenheim
Buy
maintain
$10 -> $12
2025-05-16
Reason
Guggenheim raised the firm's price target on Array Technologies to $12 from $10 and keeps a Buy rating on the shares following a recent meeting with company management, based on the firm's belief that Array has resumed positive revenue growth after a period of market share loss and revenue decline.
UBS
NULL -> Buy
upgrade
$7
2025-05-08
Reason
UBS raised the firm's price target on Array Technologies to $8.50 from $7 and keeps a Buy rating on the shares.

Valuation Metrics

The current forward P/E ratio for Array Technologies Inc (ARRY.O) is 10.29, compared to its 5-year average forward P/E of 45.85. For a more detailed relative valuation and DCF analysis to assess Array Technologies Inc 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
45.85
Current PE
10.29
Overvalued PE
112.92
Undervalued PE
-21.22

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
22.16
Current EV/EBITDA
9.03
Overvalued EV/EBITDA
44.85
Undervalued EV/EBITDA
-0.52

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PS
1.98
Current PS
0.95
Overvalued PS
3.45
Undervalued PS
0.51

Financials

Annual
Quarterly
FY2025Q1
YoY :
+97.10%
302.36M
Total Revenue
FY2025Q1
YoY :
+253.35%
27.13M
Operating Profit
FY2025Q1
YoY :
+673.49%
16.75M
Net Income after Tax
FY2025Q1
YoY :
-128.57%
0.02
EPS - Diluted
FY2025Q1
YoY :
-134.17%
-15.41M
Free Cash Flow
FY2025Q1
YoY :
-20.62%
23.49
Gross Profit Margin - %
FY2025Q1
YoY :
+292.91%
5.54
Net Margin - %
FY2025Q1
YoY :
-100.00%
N/A
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
2
129.7K
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds areBuying! The buying amount has increased 558.88% over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
3.4M
Volume
3
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
4
4.6M
Volume
Months
6-9
2
697.2K
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

ARRY News & Events

Events Timeline

2025-07-08 (ET)
2025-07-08
08:30:40
Executive Order to enforce BBB to have negative impact on solar sector, RBC says
select
2025-07-08
08:21:23
Trump signs Executive Order to end 'unreliable green energy source' subsidies
select
link
2025-07-01 (ET)
2025-07-01
13:07:15
Excise tax dropped in Senate bill negative for First Solar, says Mizuho
select
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News

2.0
07-18NASDAQ.COM
Array Technologies, Inc. (ARRY) Stock Drops Despite Market Gains: Important Facts to Note
8.0
07-03Benzinga
Wind And Solar Stocks Are Moving Higher Thursday: What's Going On?
8.0
07-01CNBC
Clean energy stocks jump after tax on solar and wind projects is removed from Trump's big bill
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FAQ

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What is Array Technologies Inc (ARRY) stock price today?

The current price of ARRY is 7.1 USD — it has increased 3.05 % in the last trading day.

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