Update shared on 28 Oct 2025
Fair value Increased 5.60%The analyst price target for Array Technologies has increased from $9.68 to $10.22, as analysts point to improved revenue growth and profit margins. This is supported by recent upward revisions in price targets from major research firms.
Analyst Commentary
Recent street research has highlighted a range of perspectives on Array Technologies, reflecting varying expectations on the company’s growth trajectory, valuation, and execution challenges. Below are key takeaways from the latest analyst reports.
Bullish Takeaways- Bullish analysts have raised price targets significantly and are forecasting meaningful share upside driven by stronger revenue growth and improved profit margins.
- Ongoing conversations with management and recent industry checks support positive views about Array's business momentum and strategic direction.
- Analysts point to a successful turnaround, supported by a focus on quality customers, a growing backlog, and disciplined acquisition opportunities.
- Targets indicate confidence that ongoing efforts to deleverage the balance sheet and adjust the operating model will support sustained growth and improved valuations.
- Bearish analysts have expressed concern about new and escalating tariffs, including substantial increases on imports from India and Mexico. These are seen as incremental risks to the company's fiscal 2025 outlook.
- Rising tariffs could put additional pressure on Array's profitability, which may make it more difficult to achieve stated margin targets.
- There are doubts about whether the company’s fiscal 2025 margin projections are achievable in light of evolving cost headwinds and global trade dynamics.
- Some believe that the risk/reward profile has become less favorable, with execution hurdles and external policy factors impacting near-term valuation potential.
What's in the News
- The White House is considering canceling an additional $12 billion in clean energy funding, which would impact several public companies including Array Technologies (Semafor).
- The EPA is preparing to revoke $7 billion in rooftop solar grants awarded through the Solar for All program, with awards to 49 states affected and significant industry implications (The Washington Post).
- Intertek has verified Array Technologies' DuraTrack and OmniTrack systems as compatible with 2,000-volt module-wired systems. This enables solar projects to achieve greater efficiency and lower system costs.
- Array Technologies will supply 100% domestic content trackers for a new 200 MWac solar project in Indiana. This marks its first full-site deployment of this new solution under the latest federal guidelines.
Valuation Changes
- Consensus Analyst Price Target has increased from $9.68 to $10.22, reflecting a modest upward revision.
- Discount Rate has risen slightly from 10.60% to 10.69%, which indicates a minor adjustment in perceived risk.
- Revenue Growth forecasts have improved, moving from 8.45% to 8.82%.
- Net Profit Margin estimates have edged higher, up from 6.34% to 6.74%.
- Future P/E ratio has decreased marginally from 21.42x to 21.12x.
Disclaimer
AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.