Array Technologies (ARRY) Stock Overview
Engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
ARRY Community Fair Values
See what 78 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
When GPS fails: this small cap is fixing a $54B drone problem
Key Points: Sparc AI (CSE:SPAI) is tackling a growing global problem: drones and aircraft failing when GPS is jammed or spoofed, a problem already driving massive government losses globally. Its Overwatch platform is a software solution to the hardware problem, using AI and existing sensors making it highly scalable across fleets.
Read full narrativeArray Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.20 |
| 52 Week High | US$12.23 |
| 52 Week Low | US$5.03 |
| Beta | 1.76 |
| 1 Month Change | 20.06% |
| 3 Month Change | -30.86% |
| 1 Year Change | 49.09% |
| 3 Year Change | -56.71% |
| 5 Year Change | -43.25% |
| Change since IPO | -77.50% |
Recent News & Updates
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.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.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.Recent updates
Shareholder Returns
| ARRY | US Electrical | US Market | |
|---|---|---|---|
| 7D | 5.9% | -0.5% | 2.1% |
| 1Y | 49.1% | 102.5% | 30.6% |
Return vs Industry: ARRY underperformed the US Electrical industry which returned 117.7% over the past year.
Return vs Market: ARRY exceeded the US Market which returned 31% over the past year.
Price Volatility
| ARRY volatility | |
|---|---|
| ARRY Average Weekly Movement | 12.7% |
| Electrical Industry Average Movement | 11.6% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: ARRY's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: ARRY's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 1,200 | Kevin Hostetler | arraytechinc.com |
Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company’s products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product.
Array Technologies, Inc. Fundamentals Summary
| ARRY fundamental statistics | |
|---|---|
| Market cap | US$1.24b |
| Earnings (TTM) | -US$127.87m |
| Revenue (TTM) | US$1.21b |
Is ARRY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ARRY income statement (TTM) | |
|---|---|
| Revenue | US$1.21b |
| Cost of Revenue | US$890.55m |
| Gross Profit | US$314.65m |
| Other Expenses | US$442.52m |
| Earnings | -US$127.87m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.84 |
| Gross Margin | 26.11% |
| Net Profit Margin | -10.61% |
| Debt/Equity Ratio | 248.8% |
How did ARRY perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 09:28 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Array Technologies, Inc. is covered by 33 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Kallo | Baird |
| Christine Cho | Barclays |
| Ameet Thakkar | BMO Capital Markets Equity Research |