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Array Technologies (ARRY) Stock Price, News & Analysis

+0.94 (+8.69%)
(As of 07/12/2024 ET)
Today's Range
50-Day Range
52-Week Range
9.13 million shs
Average Volume
4.54 million shs
Market Capitalization
$1.78 billion
P/E Ratio
Dividend Yield
Price Target

Array Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
54.6% Upside
$18.18 Price Target
Short Interest
16.41% of Shares Sold Short
Dividend Strength
News Sentiment
1.44mentions of Array Technologies in the last 14 days
Based on 4 Articles This Week
Insider Trading
Proj. Earnings Growth
From $1.02 to $1.26 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.27 out of 5 stars

Oils/Energy Sector

39th out of 233 stocks

Miscellaneous Manufacturing Industries Industry

2nd out of 7 stocks

ARRY stock logo

About Array Technologies Stock (NASDAQ:ARRY)

Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance energy production. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

ARRY Stock Price History

ARRY Stock News Headlines

3 Solar Stocks to Buy on the Dip: June 2024
There’s something very “off” about this situation
The stock is now trading for just $10 a share. Why is this company being ignored by Wall Street, and what kind of gains could shareholders soon be looking at?
The 3 Best Solar Stocks to Buy in June 2024
There’s something very “off” about this situation
The stock is now trading for just $10 a share. Why is this company being ignored by Wall Street, and what kind of gains could shareholders soon be looking at?
Wall Street’s New Darlings: 3 Stocks Soaking Up Analyst Love
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Miscellaneous manufacturing industries
Electric Utilities
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
20 Analysts


Net Income
$137.24 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.58 billion
Cash Flow
$1.99 per share
Book Value
$1.71 per share


Free Float
Market Cap
$1.78 billion

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Key Executives

ARRY Stock Analysis - Frequently Asked Questions

How have ARRY shares performed this year?

Array Technologies' stock was trading at $16.80 on January 1st, 2024. Since then, ARRY shares have decreased by 30.0% and is now trading at $11.76.
View the best growth stocks for 2024 here

How were Array Technologies' earnings last quarter?

Array Technologies, Inc. (NASDAQ:ARRY) issued its earnings results on Thursday, May, 9th. The solar tracking solution reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.10. Array Technologies's revenue for the quarter was down 59.3% compared to the same quarter last year.

When did Array Technologies IPO?

Array Technologies (ARRY) raised $676 million in an initial public offering (IPO) on Thursday, October 15th 2020. The company issued 33,800,000 shares at $19.00-$21.00 per share. Goldman Sachs, JPMorgan Securities, Guggenheim Securities and Morgan Stanley acted as the underwriters for the IPO and Credit Suisse, Barclays and UBS Investment Bank were co-managers.

Who are Array Technologies' major shareholders?

Array Technologies' top institutional investors include Harbor Capital Advisors Inc. (0.25%) and CWM LLC. Insiders that own company stock include Kevin G Hostetler, Kenneth R Stacherski, Nipul M Patel, Tyson Hottinger, Erica Brinker and Gerrard Schmid.
View institutional ownership trends

How do I buy shares of Array Technologies?

Shares of ARRY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Array Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Array Technologies investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), (MDVN) (MDVN), Incyte (INCY), First Solar (FSLR), Dynavax Technologies (DVAX) and United Airlines (UAL).

This page (NASDAQ:ARRY) was last updated on 7/13/2024 by Staff

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