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Array Technologies (ARRY) Competitors

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$9.31 +0.56 (+6.38%)
As of 03:06 PM Eastern
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ARRY vs. NXT, SHLS, OTTR, MGEE, and HE

Should you buy Array Technologies stock or one of its competitors? MarketBeat compares Array Technologies with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Array Technologies include Nextpower (NXT), Shoals Technologies Group (SHLS), Otter Tail (OTTR), MGE Energy (MGEE), and Hawaiian Electric Industries (HE).

How does Array Technologies compare to Nextpower?

Array Technologies (NASDAQ:ARRY) and Nextpower (NASDAQ:NXT) are both energy companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, analyst recommendations, profitability, risk, earnings, media sentiment, valuation and institutional ownership.

Array Technologies has a beta of 1.78, indicating that its share price is 78% more volatile than the broader market. Comparatively, Nextpower has a beta of 1.73, indicating that its share price is 73% more volatile than the broader market.

In the previous week, Nextpower had 63 more articles in the media than Array Technologies. MarketBeat recorded 64 mentions for Nextpower and 1 mentions for Array Technologies. Array Technologies' average media sentiment score of 0.94 beat Nextpower's score of 0.75 indicating that Array Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nextpower
23 Very Positive mention(s)
10 Positive mention(s)
13 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Array Technologies currently has a consensus price target of $10.42, suggesting a potential upside of 11.96%. Nextpower has a consensus price target of $147.27, suggesting a potential downside of 2.46%. Given Array Technologies' higher probable upside, equities analysts clearly believe Array Technologies is more favorable than Nextpower.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
2 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.33
Nextpower
0 Sell rating(s)
5 Hold rating(s)
20 Buy rating(s)
0 Strong Buy rating(s)
2.80

67.4% of Nextpower shares are held by institutional investors. 0.6% of Array Technologies shares are held by company insiders. Comparatively, 0.6% of Nextpower shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Nextpower has a net margin of 16.46% compared to Array Technologies' net margin of -5.56%. Nextpower's return on equity of 28.18% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies-5.56% -103.11% 9.13%
Nextpower 16.46%28.18%15.62%

Nextpower has higher revenue and earnings than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than Nextpower, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Array Technologies$1.28B1.12-$52.24M-$0.84N/A
Nextpower$3.56B6.37$585.88M$3.8339.42

Summary

Nextpower beats Array Technologies on 12 of the 16 factors compared between the two stocks.

How does Array Technologies compare to Shoals Technologies Group?

Shoals Technologies Group (NASDAQ:SHLS) and Array Technologies (NASDAQ:ARRY) are both energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, earnings, institutional ownership, media sentiment, valuation, risk, analyst recommendations and dividends.

In the previous week, Shoals Technologies Group had 3 more articles in the media than Array Technologies. MarketBeat recorded 4 mentions for Shoals Technologies Group and 1 mentions for Array Technologies. Array Technologies' average media sentiment score of 0.94 beat Shoals Technologies Group's score of 0.88 indicating that Array Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shoals Technologies Group
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Shoals Technologies Group has a beta of 1.9, meaning that its stock price is 90% more volatile than the broader market. Comparatively, Array Technologies has a beta of 1.78, meaning that its stock price is 78% more volatile than the broader market.

Shoals Technologies Group presently has a consensus target price of $9.64, suggesting a potential downside of 21.44%. Array Technologies has a consensus target price of $10.42, suggesting a potential upside of 11.96%. Given Array Technologies' higher probable upside, analysts clearly believe Array Technologies is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
1 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.53
Array Technologies
2 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.33

Shoals Technologies Group has higher earnings, but lower revenue than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shoals Technologies Group$475.33M4.32$33.57M$0.2061.38
Array Technologies$1.28B1.12-$52.24M-$0.84N/A

Shoals Technologies Group has a net margin of 6.27% compared to Array Technologies' net margin of -5.56%. Shoals Technologies Group's return on equity of 10.03% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group6.27% 10.03% 6.63%
Array Technologies -5.56%-103.11%9.13%

Summary

Shoals Technologies Group beats Array Technologies on 10 of the 14 factors compared between the two stocks.

How does Array Technologies compare to Otter Tail?

Array Technologies (NASDAQ:ARRY) and Otter Tail (NASDAQ:OTTR) are both electric utilities companies, but which is the better business? We will contrast the two companies based on the strength of their risk, institutional ownership, earnings, media sentiment, dividends, valuation, analyst recommendations and profitability.

Array Technologies presently has a consensus target price of $10.42, suggesting a potential upside of 11.96%. Otter Tail has a consensus target price of $86.00, suggesting a potential downside of 0.08%. Given Array Technologies' stronger consensus rating and higher probable upside, equities research analysts clearly believe Array Technologies is more favorable than Otter Tail.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
2 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.33
Otter Tail
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Otter Tail has a net margin of 21.34% compared to Array Technologies' net margin of -5.56%. Otter Tail's return on equity of 15.21% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies-5.56% -103.11% 9.13%
Otter Tail 21.34%15.21%7.13%

In the previous week, Otter Tail had 1 more articles in the media than Array Technologies. MarketBeat recorded 2 mentions for Otter Tail and 1 mentions for Array Technologies. Array Technologies' average media sentiment score of 0.94 beat Otter Tail's score of -0.04 indicating that Array Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Otter Tail
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Otter Tail has higher revenue and earnings than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than Otter Tail, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Array Technologies$1.28B1.12-$52.24M-$0.84N/A
Otter Tail$1.30B2.77$275.89M$6.6712.90

61.3% of Otter Tail shares are held by institutional investors. 0.6% of Array Technologies shares are held by insiders. Comparatively, 2.0% of Otter Tail shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Array Technologies has a beta of 1.78, indicating that its share price is 78% more volatile than the broader market. Comparatively, Otter Tail has a beta of 0.45, indicating that its share price is 55% less volatile than the broader market.

Summary

Otter Tail beats Array Technologies on 10 of the 16 factors compared between the two stocks.

How does Array Technologies compare to MGE Energy?

Array Technologies (NASDAQ:ARRY) and MGE Energy (NASDAQ:MGEE) are both electric utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, valuation, profitability, institutional ownership, earnings and analyst recommendations.

MGE Energy has lower revenue, but higher earnings than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than MGE Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Array Technologies$1.28B1.12-$52.24M-$0.84N/A
MGE Energy$743.65M3.62$135.89M$3.9018.77

Array Technologies has a beta of 1.78, meaning that its share price is 78% more volatile than the broader market. Comparatively, MGE Energy has a beta of 0.73, meaning that its share price is 27% less volatile than the broader market.

52.6% of MGE Energy shares are owned by institutional investors. 0.6% of Array Technologies shares are owned by insiders. Comparatively, 0.4% of MGE Energy shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Array Technologies currently has a consensus target price of $10.42, indicating a potential upside of 11.96%. MGE Energy has a consensus target price of $76.50, indicating a potential upside of 4.48%. Given Array Technologies' stronger consensus rating and higher possible upside, equities analysts clearly believe Array Technologies is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
2 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.33
MGE Energy
1 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.67

In the previous week, Array Technologies and Array Technologies both had 1 articles in the media. Array Technologies' average media sentiment score of 0.94 beat MGE Energy's score of 0.51 indicating that Array Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
MGE Energy
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

MGE Energy has a net margin of 18.61% compared to Array Technologies' net margin of -5.56%. MGE Energy's return on equity of 10.94% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies-5.56% -103.11% 9.13%
MGE Energy 18.61%10.94%4.68%

Summary

Array Technologies beats MGE Energy on 8 of the 15 factors compared between the two stocks.

How does Array Technologies compare to Hawaiian Electric Industries?

Hawaiian Electric Industries (NYSE:HE) and Array Technologies (NASDAQ:ARRY) are both electric utilities companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, dividends, analyst recommendations, risk, media sentiment, profitability and earnings.

In the previous week, Hawaiian Electric Industries had 1 more articles in the media than Array Technologies. MarketBeat recorded 2 mentions for Hawaiian Electric Industries and 1 mentions for Array Technologies. Array Technologies' average media sentiment score of 0.94 beat Hawaiian Electric Industries' score of 0.00 indicating that Array Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hawaiian Electric Industries
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hawaiian Electric Industries presently has a consensus target price of $13.25, suggesting a potential downside of 0.41%. Array Technologies has a consensus target price of $10.42, suggesting a potential upside of 11.96%. Given Array Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Array Technologies is more favorable than Hawaiian Electric Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hawaiian Electric Industries
2 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Array Technologies
2 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.33

Hawaiian Electric Industries has a beta of 0.5, indicating that its share price is 50% less volatile than the broader market. Comparatively, Array Technologies has a beta of 1.78, indicating that its share price is 78% more volatile than the broader market.

59.9% of Hawaiian Electric Industries shares are owned by institutional investors. 0.2% of Hawaiian Electric Industries shares are owned by company insiders. Comparatively, 0.6% of Array Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Hawaiian Electric Industries has a net margin of 4.19% compared to Array Technologies' net margin of -5.56%. Hawaiian Electric Industries' return on equity of 9.03% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Hawaiian Electric Industries4.19% 9.03% 1.64%
Array Technologies -5.56%-103.11%9.13%

Hawaiian Electric Industries has higher revenue and earnings than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than Hawaiian Electric Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hawaiian Electric Industries$3.09B0.74$126.28M$0.7417.98
Array Technologies$1.28B1.12-$52.24M-$0.84N/A

Summary

Hawaiian Electric Industries and Array Technologies tied by winning 8 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ARRY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ARRY vs. The Competition

MetricArray TechnologiesSolar IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.44B$3.79B$10.42B$12.49B
Dividend YieldN/A3.18%10.42%5.22%
P/E Ratio-11.1417.7821.2124.42
Price / Sales1.12105.94803.05117.04
Price / Cash4.6114.6838.7057.13
Price / Book-6.895.744.426.74
Net Income-$52.24M$24.30M$4.23B$337.03M
7 Day Performance0.52%3.53%2.23%0.24%
1 Month PerformanceN/AN/AN/A-1.67%
1 Year Performance33.35%143.72%52.33%34.36%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARRY
Array Technologies
3.4806 of 5 stars
$9.31
+6.4%
$10.42
+12.0%
+24.6%$1.44B$1.28BN/A1,200
NXT
Nextpower
2.6035 of 5 stars
$145.02
-7.3%
$147.18
+1.5%
+152.6%$23.22B$3.56B37.861,993
SHLS
Shoals Technologies Group
2.3145 of 5 stars
$12.18
-2.2%
$9.64
-20.8%
+154.4%$2.08B$475.33M60.901,480
OTTR
Otter Tail
1.7601 of 5 stars
$83.62
-3.5%
$86.00
+2.8%
+10.6%$3.64B$1.30B12.542,198
MGEE
MGE Energy
3.4248 of 5 stars
$72.63
-3.8%
$76.50
+5.3%
-18.7%$2.78B$743.65M18.62700

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This page (NASDAQ:ARRY) was last updated on 6/4/2026 by MarketBeat.com Staff.
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