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 |
Rewards
Risk Analysis
No risks detected for ARRY from our risk checks.
ARRY Community Fair Values
Create NarrativeSee 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
Array Technologies, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.08 |
| 52 Week High | US$12.23 |
| 52 Week Low | US$5.39 |
| Beta | 1.76 |
| 1 Month Change | 15.82% |
| 3 Month Change | 19.95% |
| 1 Year Change | 37.58% |
| 3 Year Change | -61.78% |
| 5 Year Change | -39.59% |
| Change since IPO | -75.09% |
Recent News & Updates
ARRY: Record Backlog And 2026 Guidance Will Drive Turnaround Repricing
Array Technologies' updated analyst price target edges down from about $15.00 to $14.03, as analysts weigh stronger projected revenue growth against a slightly lower fair value estimate, a higher discount rate, modestly reduced margin expectations, and a small adjustment to the assumed future P/E. Analyst Commentary Recent research coverage on Array Technologies has been active, with several firms revisiting their valuation frameworks following the latest earnings, product updates, and backlog trends.Expect Array Technologies To Swing To Profitability Again Amidst Industry Tailwinds
Summary Array Technologies, Inc. is rated a Buy due to strong industry tailwinds, record order backlog, and compelling valuation metrics. ARRY's $2.4B orderbook, 2x book-to-bill ratio, and 12.71% FCF yield signal robust near-term growth and value. The APA Solar acquisition expands ARRY’s offerings, positioning it to benefit from data center-driven solar demand and fixed-tilt market share gains. While ARRY trails Nextpower in diversification and capital efficiency, recent product and service enhancements improve its competitive stance. Read the full article on Seeking AlphaARRY: 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.Recent updates
Shareholder Returns
| ARRY | US Electrical | US Market | |
|---|---|---|---|
| 7D | 7.1% | -0.8% | 1.6% |
| 1Y | 37.6% | 82.3% | 28.5% |
Return vs Industry: ARRY underperformed the US Electrical industry which returned 82.3% over the past year.
Return vs Market: ARRY exceeded the US Market which returned 28.5% over the past year.
Price Volatility
| ARRY volatility | |
|---|---|
| ARRY Average Weekly Movement | 8.7% |
| Electrical Industry Average Movement | 12.5% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ARRY has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ARRY's weekly volatility (9%) has been stable over the past year.
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$1.40b |
| 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) | -0.83 |
| 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 | 2026/05/31 20:08 |
| End of Day Share Price | 2026/05/29 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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 32 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 |