9AY Stock Chart & Stats
€3.90
-€0.25(-5.59%)
At close: 4:00 PM EDT
€3.90
-€0.25(-5.59%)
Day’s Range― - ―
52-Week Range€3.28 - €10.09
Previous CloseN/A
Volume0.00
Average Volume (3M)57.00
Market Cap
€534.40M
Enterprise Value€2.10B
Total Cash (Recent Filing)€307.30M
Total Debt (Recent Filing)€752.89M
Price to Earnings (P/E)―
Beta0.51
Next Earnings
Nov 05, 2026EPS Estimate
0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.98
Shares Outstanding154,007,690
10 Day Avg. Volume50
30 Day Avg. Volume57
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€7.32Price Target Upside87.61% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering20
EPS Forecast (FY)0.67
Revenue Forecast (FY)€1.28B
Bulls Say, Bears Say
Bulls Say
Record Backlog And BookingsThe expanding order book and book-to-bill ratio provide meaningful visibility into future tracker demand and revenue conversion. An approximately 80% expected backlog conversion over six quarters also supports planning, utilization, and customer relevance despite project scheduling variability.
Product And Software InnovationA growing contribution from newer products and software indicates that Array is developing a broader, more differentiated offering rather than relying only on legacy tracker hardware. Installation savings, integrated controls, and software adoption can strengthen customer value and support share of wallet.
Broader Energy Infrastructure PlatformThe completed AWM acquisition broadens Array’s balance-of-system portfolio and creates opportunities to sell more components to existing utility-scale and distributed-generation customers. Its added capabilities in reliability, safety, and installation efficiency may deepen customer relationships and expand addressable markets.
Bears Say
Persistent Unprofitability And Revenue VolatilityRecurring losses and uneven revenue demonstrate that demand conversion and earnings generation remain inconsistent. Even with recent operational improvement, sustained negative margins can constrain reinvestment, reduce resilience during project delays, and make it harder to convert backlog into dependable shareholder returns.
High Leverage And Negative EquityHigh debt combined with negative shareholder equity leaves Array with less capacity to absorb execution setbacks or fund expansion internally. Refinancing needs and obligation coverage become more important, particularly as the company pursues acquisitions and manages a capital structure already described as strained.
Input Costs May Pressure MarginsThe expected normalization of one-time benefits and simultaneous pressure from international mix, metals, and logistics costs could limit the durability of recent margin gains. If these factors persist, gross-profit improvement may fall short of guidance and reduce cash available for debt reduction or investment.
9AY FAQ
What was Array Technologies’s price range in the past 12 months?
Array Technologies lowest stock price was €3.28 and its highest was €10.09 in the past 12 months.
What is Array Technologies’s market cap?
Array Technologies’s market cap is €534.40M.
When is Array Technologies’s upcoming earnings report date?
Array Technologies’s upcoming earnings report date is Nov 05, 2026 which is in 28 days.
How were Array Technologies’s earnings last quarter?
Array Technologies released its earnings results on Aug 05, 2026. The company reported €0.214 earnings per share for the quarter, beating the consensus estimate of €0.109 by €0.105.
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 0.08.
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 €0.214 in its last earnings report, beating expectations of €0.109. Following the earnings report the stock price went down -2.991%.
Which hedge fund is a major shareholder of Array Technologies?
Currently, no hedge funds are holding shares in DE:9AY
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€7.32 (87.61% Upside)
€7.32 (87.61% Upside)
Blogger Sentiment
Neutral
DE:9AY Sentiment 50%
Sector Average 64%
Sector Average 64%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-54.53%
12-Months-Change
Fundamentals
Return on Equity
―
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.
9AY Company Deck
9AY 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 DE:9AY earnings summaries9AY Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€7.32
▲(87.61% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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