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ARRY Stock Chart & Stats
$4.55
$0.10(1.88%)
At close: 4:00 PM EDT
$4.55
$0.10(1.88%)
Day’s Range― - ―
52-Week Range$3.20 - $12.23
Previous CloseN/A
Volume329.41K
Average Volume (3M)7.02M
Market Cap
$502.07M
Enterprise Value$2.10B
Total Cash (Recent Filing)$307.30M
Total Debt (Recent Filing)$752.89M
Price to Earnings (P/E)―
Beta1.19
Next Earnings
Nov 05, 2026EPS Estimate
0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.98
Shares Outstanding154,007,690
10 Day Avg. Volume8,237,008
30 Day Avg. Volume7,022,276
Financial Highlights & Ratios
PEG Ratio0.20
Price to Book (P/B)5.40
Price to Sales (P/S)1.10
P/FCF Ratio17.62
Enterprise Value/Market Cap4.18
Enterprise Value/Revenue1.77
Enterprise Value/Gross Profit7.29
Enterprise Value/Ebitda503.69
Forecast
1Y Price Target
$7.34Price Target Upside61.36% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
EPS Forecast (FY)0.74
Revenue Forecast (FY)$1.44B
Bulls Say, Bears Say
Bulls Say
Backlog And Bookings StrengthA record order book and book-to-bill above one indicate strong demand visibility for Array’s core tracker business. Expected conversion across the next six quarters supports forward revenue planning, capacity utilization, and customer share-of-wallet over the medium term.
Product And Software InnovationRapid adoption of newer products suggests Array is renewing its offering rather than competing only on established hardware. Tracker, software, and installation-efficiency improvements can strengthen differentiation, support customer value, and help sustain commercial momentum.
Broader Energy Infrastructure PlatformThe completed AWM acquisition broadens Array beyond tracking into adjacent balance-of-system categories. A larger integrated offering can increase content per project, simplify customer procurement, and create exposure to energy storage and datacenter infrastructure growth.
Bears Say
Leverage And Negative EquityHigh debt combined with negative shareholder equity materially reduces financial flexibility and increases refinancing risk. This capital structure can constrain investment, acquisitions, and shareholder returns, while making the business more sensitive to earnings volatility and cash-flow interruptions.
Persistent Unprofitability And VolatilityRenewed losses after prior profitability show that revenue growth has not yet translated into dependable earnings. Volatile sales and weak operating performance reduce internal funding capacity, complicate planning, and leave long-term returns dependent on successful execution and margin recovery.
Margin And Cash-conversion PressureExpected input-cost and mix headwinds could reverse part of the recent margin improvement, especially as one-time benefits fade. Lower free-cash-flow conversion would also limit deleveraging and reduce the funds available for growth, acquisitions, or other capital priorities.
Array Technologies News
ARRY FAQ
What was Array Technologies’s price range in the past 12 months?
Array Technologies lowest stock price was $3.20 and its highest was $12.23 in the past 12 months.
What is Array Technologies’s market cap?
Array Technologies’s market cap is $502.07M.
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is Nov 05, 2026 which is in 15 days.
How were Array Technologies’s earnings last quarter?
Array Technologies released its earnings results on Aug 05, 2026. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.122 by $0.118.
Is Array Technologies overvalued?
According to Wall Street analysts Array Technologies’s price is currently Undervalued.
Does Array Technologies pay dividends?
Array Technologies does not currently pay dividends.
What is Array Technologies’s EPS estimate?
Array Technologies’s EPS estimate is 0.1.
How many shares outstanding does Array Technologies have?
Array Technologies has 154,007,690 shares outstanding.
What happened to Array Technologies’s price movement after its last earnings report?
Array Technologies reported an EPS of $0.24 in its last earnings report, beating expectations of $0.122. Following the earnings report the stock price went down -6.915%.
Which hedge fund is a major shareholder of Array Technologies?
Currently, no hedge funds are holding shares in ARRY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Array Technologies Stock Smart Score
Underperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.34 (61.36% Upside)
$7.34 (61.36% Upside)
Blogger Sentiment
Bullish
ARRY Sentiment 63%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days >0.1%
Last 30 Days ▼ 7.9%
Last 30 Days ▼ 7.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-62.95%
12-Months-Change
Fundamentals
Return on Equity
-47.02%
Trailing 12-Months
Asset Growth
-0.53%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Array Technologies
Array Technologies, Inc. (ARRY) develops, manufactures, and provides solar tracking solutions and complementary products for customers both within the United States and internationally. A key offering is the DuraTrack HZ v3, a system designed for single-axis solar panel tracking. Additionally, the company offers SmarTrack, an intelligent software powered by machine learning that continuously determines the optimal alignment for solar arrays in real time to maximize energy output. This enterprise was established in 1989 and its corporate headquarters are situated in Albuquerque, New Mexico.
ARRY Company Deck
ARRY Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated strong operational execution and commercial momentum: materially higher sequential revenue (+53%), record order book ($2.5B, +37% YoY), margin expansion (adjusted gross margin 30.8%) and improved adjusted EBITDA (+119% sequential). Significant product innovation and successful M&A integration (APA) plus a planned accretive AWM acquisition support medium-term growth and share-of-wallet expansion. Key risks include non-repeatable one-time margin benefits, rising international mix and input costs that may pressure H2 margins, timing-driven revenue/collections that reduce near-term free cash flow conversion, and external policy uncertainty (Section 232). On balance, the positives (top-line acceleration, margin recovery, cash build, product momentum, strong order book) outweigh the manageable near-term headwinds.View all ARRY earnings summariesARRY Stock 12 Month Forecast
Average Price Target
$7.34
▲(61.36% Upside)
Technical Analysis
Ownership Overview
0.79% Insiders
17.37% Mutual Funds
0.81% Other Institutional Investors
52.17% Public Companies and
Individual Investors