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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$3.09 - $12.23
Previous CloseN/A
Volume329.41K
Average Volume (3M)7.11M
Market Cap
$485.12M
Enterprise Value$2.10B
Total Cash (Recent Filing)$307.30M
Total Debt (Recent Filing)$752.89M
Price to Earnings (P/E)―
Beta1.21
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. Volume8,051,301
30 Day Avg. Volume7,109,843
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 Cap4.32
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 Commercial MomentumThe record backlog and book-to-bill above one indicate demand is replenishing faster than current deliveries, improving forward revenue visibility. Expected conversion of roughly 80% over six quarters supports a durable workload, although project timing may affect recognition.
Product And Software InnovationRapid adoption of newer trackers, controls and software suggests Array is expanding beyond a basic hardware sale. Efficiency benefits, integrated offerings and rising software usage can support differentiation, customer value and potentially more resilient margins over time.
Cash Generation And LiquidityPositive free cash flow and substantial available liquidity provide resources to fund operations, integrate acquisitions and manage project timing. Improved net leverage to 2.1x LTM adjusted EBITDA also gives the company more near-term flexibility despite broader balance-sheet strain.
Bears Say
Persistent UnprofitabilityThe return to negative earnings after a profitable 2023 shows that revenue growth has not yet translated into consistent bottom-line performance. Continued losses can restrict internally funded investment, weaken resilience and make results more dependent on execution and financing conditions.
Leverage And Negative EquityHigh debt combined with negative equity creates a less conservative capital structure and raises refinancing and obligation-coverage risk. This can constrain capital allocation, increase sensitivity to operating volatility and make it harder to absorb delays or weaker project economics.
Margin And Cash-conversion PressureReported first-half margin strength included benefits that will not fully repeat, while international mix, metals and logistics costs may pressure the second half. Lower cash conversion from collection timing could limit liquidity available for investment, debt reduction or returns.
ARRY FAQ
What was Array Technologies’s price range in the past 12 months?
Array Technologies lowest stock price was $3.09 and its highest was $12.23 in the past 12 months.
What is Array Technologies’s market cap?
Array Technologies’s market cap is $485.12M.
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is Nov 05, 2026 which is in 9 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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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 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-64.80%
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
All Analysts
Top Analysts
Average Price Target
$7.34
▲(61.36% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.79% Insiders
17.37% Mutual Funds
1.63% Other Institutional Investors
51.76% Public Companies and
Individual Investors












