Array Technologies, Inc.

NasdaqGM:ARRY Rapport sur les actions

Capitalisation boursière : US$1.3b

Array Technologies Bilan de santé

Santé financière contrôle des critères 5/6

Array Technologies possède un total de capitaux propres de $267.9M et une dette totale de $666.4M, ce qui porte son ratio d'endettement à 248.8%. Son actif total et son passif total sont $1.5B et de $1.2B. L'EBIT de Array Technologies est $91.2M ce qui fait que son ratio de couverture des intérêts 6.5. Elle dispose de liquidités et de placements à court terme de $200.7M.

Informations clés

248.77%

Ratio d'endettement

US$666.42m

Dette

Ratio de couverture des intérêts6.5x
Argent liquideUS$200.70m
Fonds propresUS$267.88m
Total du passifUS$1.21b
Total des actifsUS$1.48b

Mises à jour récentes de la santé financière

Recent updates

Mise à jour du récit May 03

ARRY: Record Backlog And Mixed Margin Outlook Will Drive Repricing

Narrative Update Overview The updated analyst price target for Array Technologies edges down from about $10.04 to $9.86, as analysts factor in a slightly higher discount rate, modestly adjusted growth and margin assumptions, and a somewhat lower future P/E multiple following a series of mixed target moves across the Street. Analyst Commentary Recent research on Array Technologies presents a mix of optimism and caution, with many firms trimming price targets while still debating how attractive the shares look after the post earnings reset.
Mise à jour du récit Apr 19

ARRY: Margin And Backlog Trade Off Will Drive Shares Lower

Array Technologies' updated analyst price target has moved to $7.00, with analysts generally trimming expectations as they factor in lower margin guidance, higher assumed discount rates, and a richer future P/E multiple, despite solid bookings and backlog commentary across recent research notes. Analyst Commentary Recent Street research on Array Technologies has leaned cautious, with several firms cutting price targets and reassessing their models following the latest earnings update and forward guidance.
Mise à jour du récit Apr 05

ARRY: Record Backlog And July Safe Harbor Deadline Will Drive Repricing

Array Technologies' updated analyst price target edges slightly lower to around $10.04 from $10.07, as analysts factor in reduced margin assumptions and lower future P/E expectations following mixed post earnings revisions, even as bookings and backlog remain key focal points in recent research. Analyst Commentary Recent research around Array Technologies points to a split view, with several firms trimming price targets after the latest earnings update while still highlighting areas of potential strength.
Seeking Alpha Mar 25

Array Technologies: An Interesting Business That Could Be A Value Trap

Summary Array Technologies faces persistent share price weakness, despite strong sector performance and a critical role in utility-scale solar projects. Post-acquisition challenges, notably STI Norland’s negative gross profit and a $29.5M inventory charge, have materially pressured ARRY’s margins and investor sentiment. Adjusted for preferred stock, ARRY trades at a 9x EV/EBITDA FWD multiple; margin normalization and reduced reliance on 45X credits are essential for re-rating. I assign a Hold rating, pending several quarters of sustained margin improvement from core operations, not 45X credits or accouting timing effects . Read the full article on Seeking Alpha
Mise à jour du récit Mar 22

ARRY: Record Backlog And Policy Deadline Will Support Future Margin Recovery

Array Technologies' updated analyst price target edges lower to about $10.07 from $10.47. Analysts factor in softer margin assumptions and a higher discount rate following recent target cuts across several firms, despite ongoing strength in bookings and backlog.
Mise à jour du récit Mar 07

ARRY: Backlog Strength And Policy Catalyst Will Support Margin Recovery

The updated analyst price target for Array Technologies has edged lower to $10.47, with analysts citing reduced margin expectations, a higher discount rate, and ongoing product transition costs, even as revenue growth and backlog assumptions remain supportive. Analyst Commentary Recent Street research around Array Technologies reflects a mix of optimism on growth and backlog, alongside caution on margins, product transition costs, and capital structure.
Mise à jour du récit Feb 21

ARRY: July 4 Safe Harbor Deadline Will Test Execution Concerns

Analysts have modestly raised their price targets on Array Technologies by $1 to $12, citing improving execution, relatively low investor expectations, a valuation gap versus peers, and a clear catalyst related to the July 4 safe-harbor deadline. Analyst Commentary Recent research on Array Technologies highlights a mix of optimism and caution, with some firms lifting price targets while others are stepping back from more positive ratings.
Mise à jour du récit Feb 07

ARRY: July Safe Harbor Catalyst Will Expose Turnaround Execution Risk

Narrative Update Analysts have lifted their fair value estimate for Array Technologies to about $6.70 from $6.00, reflecting updated assumptions around growth, margins and a higher future P/E multiple following a mix of recent upgrades, downgrades and price target changes across the Street. Analyst Commentary Recent Street research on Array Technologies shows a split view, with some firms raising targets and ratings while others are turning more cautious.
Article d’analyse Feb 05

Array Technologies, Inc.'s (NASDAQ:ARRY) Share Price Boosted 32% But Its Business Prospects Need A Lift Too

Despite an already strong run, Array Technologies, Inc. ( NASDAQ:ARRY ) shares have been powering on, with a gain of...
Mise à jour du récit Jan 24

ARRY: Turnaround Momentum And July 4 Safe Harbor Deadline Will Drive Repricing

Array Technologies' fair value estimate in our model has moved to $15.00 from $13.00, reflecting analysts' higher price targets tied to improving execution, a perceived turnaround, and a narrowing valuation gap versus peers. Analyst Commentary Recent Street research has tilted more constructive on Array Technologies, with several bullish analysts adjusting ratings and price targets in response to what they view as better execution, a progressing turnaround plan, and a valuation gap versus peers.
Mise à jour du récit Jan 09

ARRY: Policy Deadline And Turnaround Execution Will Support Margin Recovery

Analysts have nudged their price targets on Array Technologies higher into a roughly $9 to $12.50 range, citing improving execution, stronger bookings, healthier U.S. positioning and a valuation gap versus peers as key reasons for the more constructive stance. Analyst Commentary Bullish analysts are framing the recent price target increases as a reflection of improving execution, healthier U.S. positioning and a discount relative to peers, even as they acknowledge some operational and earnings volatility.
Mise à jour du récit Dec 25

ARRY: Turnaround Momentum Will Support Margin Recovery Amid Policy Uncertainty

The analyst price target for Array Technologies has been raised modestly to approximately $11, with analysts citing improving profitability, a successful turnaround strategy, and stronger positioning in the U.S. market as key drivers of upside potential into 2026 and 2027. Analyst Commentary Recent Street research reflects a generally constructive stance on Array Technologies, with multiple firms lifting price targets in response to the company’s operational progress and improving industry positioning.
Article d’analyse Dec 20

Array Technologies, Inc. (NASDAQ:ARRY) Surges 33% Yet Its Low P/S Is No Reason For Excitement

Array Technologies, Inc. ( NASDAQ:ARRY ) shareholders would be excited to see that the share price has had a great...
Mise à jour du récit Dec 11

ARRY Turnaround Progress Will Drive Margin Recovery Through 2026 Outlook

Analysts have modestly lifted their price target on Array Technologies, reflecting greater confidence in the company’s turnaround prospects and improved positioning for 2026 and 2027, as evidenced by multiple recent target hikes to the $9 to $15 range and reiterated Buy ratings. Analyst Commentary Street research on Array Technologies has turned incrementally more constructive, with a growing group of bullish analysts highlighting execution on the turnaround plan and improved medium term visibility, even as a minority of bearish analysts continues to flag macro and policy risks that could constrain valuation.
Mise à jour du récit Nov 27

ARRY: Turnaround Progress Will Drive Margin Recovery Despite Tariff and Policy Risks

Analysts have raised their price target for Array Technologies from $10.61 to $10.89, citing the success of the company's turnaround plan and improvements in U.S. market positioning. Analyst Commentary Recent commentary from Street research reveals a mix of optimism about Array Technologies' turnaround progress, market opportunity, and future earnings potential, while also noting several challenges and risks to the outlook.
Mise à jour du récit Nov 11

ARRY: Succeeding Turnaround Will Drive Improved Margins by 2026 Amid Industry Shifts

Analysts have raised their fair value estimate for Array Technologies from $10.22 to $10.61 per share. They cite increased confidence in the company's turnaround efforts and improving industry position, as reflected in recent price target upgrades.
Mise à jour du récit Oct 28

Improved Profit Margins And Policy Changes Will Shape Solar Sector Outlook

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.
Article d’analyse Oct 16

Array Technologies, Inc. (NASDAQ:ARRY) Surges 32% Yet Its Low P/S Is No Reason For Excitement

Array Technologies, Inc. ( NASDAQ:ARRY ) shares have continued their recent momentum with a 32% gain in the last month...
Mise à jour du récit Oct 13

Improved Products And Global Expansion Will Drive Utility-Scale Solar

Analysts have raised their price target for Array Technologies from $12 to $15, citing improving management execution and industry trends, even though expectations for growth and margins remain mixed. Analyst Commentary Recent commentary from Wall Street reflects a mixed outlook on Array Technologies, balancing both optimism regarding the company’s progress and caution over ongoing headwinds impacting its forecast.
Article d’analyse Aug 09

Little Excitement Around Array Technologies, Inc.'s (NASDAQ:ARRY) Revenues As Shares Take 28% Pounding

Array Technologies, Inc. ( NASDAQ:ARRY ) shareholders won't be pleased to see that the share price has had a very rough...
Article d’analyse Aug 04

Array Technologies, Inc.'s (NASDAQ:ARRY) Intrinsic Value Is Potentially 68% Above Its Share Price

Key Insights The projected fair value for Array Technologies is US$10.20 based on 2 Stage Free Cash Flow to Equity...
Article d’analyse Jul 08

These 4 Measures Indicate That Array Technologies (NASDAQ:ARRY) Is Using Debt Reasonably Well

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Article d’analyse May 13

Here's Why Shareholders Should Examine Array Technologies, Inc.'s (NASDAQ:ARRY) CEO Compensation Package More Closely

Key Insights Array Technologies' Annual General Meeting to take place on 20th of May Total pay for CEO Kevin Hostetler...
Article d’analyse Apr 22

The Market Doesn't Like What It Sees From Array Technologies, Inc.'s (NASDAQ:ARRY) Revenues Yet As Shares Tumble 27%

To the annoyance of some shareholders, Array Technologies, Inc. ( NASDAQ:ARRY ) shares are down a considerable 27% in...
Article d’analyse Mar 04

Lacklustre Performance Is Driving Array Technologies, Inc.'s (NASDAQ:ARRY) 26% Price Drop

Array Technologies, Inc. ( NASDAQ:ARRY ) shareholders won't be pleased to see that the share price has had a very rough...
Seeking Alpha Feb 19

Array Technologies: Convalescing Well, Ahead Of The Q4 Results

Summary The stock of Array Technologies, which has shown steady improvement over the past 4 months now faces a crucial Q4 earnings event on the 27th of February. Q4 will be yet another quarter of sales decline, but from Q1 the trend is expected to reverse, and management may choose to lift their topline guidance for the whole year. Gross margins could continue to be resilient, but the adjusted EBITDA and cash flow generation may not be particularly robust, despite the potential of improved working capital management. ARRY's valuation differential versus its larger peer- Nextracker looks even more appealing from a P/E and FCF yield basis. While ARRY is not yet in the throes of bullish momentum, there are still some encouraging signs to note. Read the full article on Seeking Alpha
Article d’analyse Jan 17

Array Technologies (NASDAQ:ARRY) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Article d’analyse Dec 10

Array Technologies, Inc.'s (NASDAQ:ARRY) Shares Lagging The Industry But So Is The Business

Array Technologies, Inc.'s ( NASDAQ:ARRY ) price-to-sales (or "P/S") ratio of 0.9x might make it look like a buy right...
Article d’analyse Nov 05

Is Now An Opportune Moment To Examine Array Technologies, Inc. (NASDAQ:ARRY)?

Array Technologies, Inc. ( NASDAQ:ARRY ), might not be a large cap stock, but it led the NASDAQGM gainers with a...
Seeking Alpha Oct 25

The Bottom Fishing Club - Array Technologies: Solar Industry Turnaround Possible After Election

Summary Array Technologies is undervalued due to fears of potential tax-policy changes for the solar industry if Republicans sweep the 2024 election, alongside overly aggressive short-selling efforts. U.S. demand for renewable electricity sources is expected to grow due to increasing EV adoption and AI datacenter expansion, despite political uncertainties. A surprise Democratic win could boost solar stocks significantly, while a divided government result may maintain current green energy incentives, making solar equities attractive again. A very low projected valuation on forward results is intriguing. Read the full article on Seeking Alpha
Seeking Alpha Oct 09

Array: Not Yet In Fashion, But 3 Reasons To Consider A Nibble Now (Rating Upgrade)

Summary Array Technologies, noted for its expertise in integrated solar tracking solutions, has seen its share price get decimated this year by over 60%. ARRY's long-term prospects remain strong despite short-term challenges, with the US solar capacity expected to grow significantly, with 737GW of new capacity expected to come on board through 2035. ARRY offers a more compelling FCF yield than close peer NXT, whilst its superior medium-term earnings growth trajectory makes its P/E multiple look very attractive. The company is effectively managing its cost base and facilitating GM improvement, thus positioning itself for strong operating leverage when market conditions improve. The price appears to be forming a bottom at levels last seen in 2022, and ARRY comes across as an ideal mean-reversion candidate within the solar universe. Read the full article on Seeking Alpha
Article d’analyse Sep 18

Array Technologies (NASDAQ:ARRY) Might Have The Makings Of A Multi-Bagger

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
User avatar
Nouveau récit Sep 16

SkyLink Tracker's Launch And Calculated Tax Credits Propel Market Leadership And Earnings Surge

Introduction of the SkyLink tracker system and expanding domestic content offerings align with financial and environmental incentives, potentially enhancing market share and earnings.
Article d’analyse Aug 28

The Market Doesn't Like What It Sees From Array Technologies, Inc.'s (NASDAQ:ARRY) Revenues Yet As Shares Tumble 41%

Unfortunately for some shareholders, the Array Technologies, Inc. ( NASDAQ:ARRY ) share price has dived 41% in the last...
Article d’analyse Aug 21

Analysts Just Shaved Their Array Technologies, Inc. (NASDAQ:ARRY) Forecasts Dramatically

The latest analyst coverage could presage a bad day for Array Technologies, Inc. ( NASDAQ:ARRY ), with the analysts...
Article d’analyse Aug 11

Results: Array Technologies, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Array Technologies, Inc. ( NASDAQ:ARRY ) defied analyst predictions to release its second-quarter results, which were...
Seeking Alpha Jul 29

Array Technologies: Mid-Term Headwinds, But Compelling Future

Summary Headwinds due to increased competitor pressures, and a decrease in commodity prices, impacting Array's Q1 2024 financials. A 57% decline in share price, since September 2023. I still don't see any support level between today's price and the $6 price mark. Strategic initiatives, new product developments, market expansion in the Middle East, and sustainability efforts signal potential for long term growth. My rating is a Hold until their share price stabilizes, their financial performance improves, and insiders start buying shares in the company. Read the full article on Seeking Alpha
Article d’analyse Jul 29

Array Technologies, Inc.'s (NASDAQ:ARRY) Intrinsic Value Is Potentially 73% Above Its Share Price

Key Insights Using the 2 Stage Free Cash Flow to Equity, Array Technologies fair value estimate is US$19.44 Current...
Article d’analyse Jul 14

Investors Still Waiting For A Pull Back In Array Technologies, Inc. (NASDAQ:ARRY)

Array Technologies, Inc.'s ( NASDAQ:ARRY ) price-to-earnings (or "P/E") ratio of 31.3x might make it look like a strong...
Article d’analyse Jun 28

Is It Time To Consider Buying Array Technologies, Inc. (NASDAQ:ARRY)?

Array Technologies, Inc. ( NASDAQ:ARRY ), is not the largest company out there, but it saw significant share price...
Article d’analyse Jun 12

Returns At Array Technologies (NASDAQ:ARRY) Are On The Way Up

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Seeking Alpha May 13

Array Technologies: Intrigued But Not Yet Convinced

Summary Array Technologies Inc. reported a 59% decline in year-over-year revenue for Q1 FY2024 but beat expectations and generated solid bookings of $400 million. The company reaffirmed its guidance for full-year 2024, with revenue expected to be between $1,250 million and $1,400 million. The solar tracker market is expected to grow by approximately 22% from 2024 to 2029, presenting potential opportunities for Array Technologies and its competitor Nextracker Inc. Despite attractive valuation multiples and a robust order book, Array Technologies faces challenges in maintaining profitability due to intense price competition. Read the full article on Seeking Alpha
Article d’analyse May 01

We Think Array Technologies (NASDAQ:ARRY) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Article d’analyse Mar 25

Is There An Opportunity With Array Technologies, Inc.'s (NASDAQ:ARRY) 49% Undervaluation?

Key Insights The projected fair value for Array Technologies is US$26.73 based on 2 Stage Free Cash Flow to Equity...
Seeking Alpha Mar 07

Array Technologies: Short-Term Downside, But High Long-Term Growth

Summary Array Technologies is a leading provider of solar tracking solutions for large-scale power plants. The company's net income and balance sheet could be improved, posing short-to-medium-term risks. The stock is considered undervalued with long-term growth potential in the solar market. Heavily based on the present risk related to earnings estimate revisions, my analyst rating for ARRY is a Hold despite my growth expectations. Read the full article on Seeking Alpha
Article d’analyse Feb 29

Need To Know: Analysts Just Made A Substantial Cut To Their Array Technologies, Inc. (NASDAQ:ARRY) Estimates

The latest analyst coverage could presage a bad day for Array Technologies, Inc. ( NASDAQ:ARRY ), with the analysts...
Article d’analyse Feb 21

Is It Too Late To Consider Buying Array Technologies, Inc. (NASDAQ:ARRY)?

Array Technologies, Inc. ( NASDAQ:ARRY ), might not be a large cap stock, but it saw significant share price movement...
Article d’analyse Jan 30

We Think Array Technologies (NASDAQ:ARRY) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Article d’analyse Dec 19

Array Technologies, Inc.'s (NASDAQ:ARRY) Shares Climb 25% But Its Business Is Yet to Catch Up

Array Technologies, Inc. ( NASDAQ:ARRY ) shareholders are no doubt pleased to see that the share price has bounced 25...
Article d’analyse Nov 29

Here's What To Make Of Array Technologies' (NASDAQ:ARRY) Decelerating Rates Of Return

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Analyse de la situation financière

Passif à court terme: Les actifs à court terme de ARRY ( $879.4M ) dépassent ses passifs à court terme ( $390.4M ).

Passif à long terme: Les actifs à court terme de ARRY ( $879.4M ) dépassent ses passifs à long terme ( $816.7M ).


Historique et analyse du ratio d'endettement

Niveau d'endettement: Le ratio dette nette/capitaux propres de ARRY ( 173.9% ) est considéré comme élevé.

Réduire la dette: ARRY avait des capitaux propres négatifs il y a 5 ans, mais ils sont désormais positifs et se sont donc améliorés.


Bilan


Analyse des pistes de trésorerie

Pour les entreprises qui ont été en moyenne déficitaires dans le passé, nous évaluons si elles disposent d'au moins un an de trésorerie.

Piste de trésorerie stable: Bien que non rentable ARRY dispose d'une piste de trésorerie suffisante pour plus de 3 ans si elle maintient son niveau actuel de flux de trésorerie disponible positif.

Prévisions de trésorerie: ARRY n'est pas rentable mais dispose d'une marge de trésorerie suffisante pour plus de 3 ans, grâce à un flux de trésorerie disponible positif et en croissance de 17.5 % par an.


Découvrir des entreprises saines

Analyse de l'entreprise et données financières

DonnéesDernière mise à jour (heure UTC)
Analyse de l'entreprise2026/05/15 13:21
Cours de l'action en fin de journée2026/05/15 00:00
Les revenus2026/03/31
Revenus annuels2025/12/31

Sources de données

Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.

PaquetDonnéesCadre temporelExemple de source américaine *
Finances de l'entreprise10 ans
  • Compte de résultat
  • Tableau des flux de trésorerie
  • Bilan
Estimations consensuelles des analystes+3 ans
  • Prévisions financières
  • Objectifs de prix des analystes
Prix du marché30 ans
  • Cours des actions
  • Dividendes, scissions et actions
Propriété10 ans
  • Actionnaires principaux
  • Délits d'initiés
Gestion10 ans
  • L'équipe dirigeante
  • Conseil d'administration
Principaux développements10 ans
  • Annonces de l'entreprise

* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.

Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.

Modèle d'analyse et flocon de neige

Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github; nous proposons également des guides expliquant comment utiliser nos rapports et des tutoriels sur Youtube.

Découvrez l'équipe de classe mondiale qui a conçu et construit le modèle d'analyse Simply Wall St.

Indicateurs de l'industrie et du secteur

Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.

Sources des analystes

Array Technologies, Inc. est couverte par 33 analystes. 21 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.

AnalysteInstitution
Benjamin KalloBaird
Christine ChoBarclays
Ameet ThakkarBMO Capital Markets Equity Research