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Array Technologies (ARRY) Competitors

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$6.28 +0.16 (+2.61%)
Closing price 07/14/2026 04:00 PM Eastern
Extended Trading
$6.24 -0.04 (-0.64%)
As of 07/14/2026 07:17 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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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?

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

67.4% of Nextpower shares are held by institutional investors. 0.8% of Nextpower shares are held by insiders. Comparatively, 0.6% of Array Technologies shares are held 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.

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
Nextpower$3.56B4.42$585.88M$3.8327.33
Array Technologies$1.28B0.75-$52.24M-$0.84N/A

In the previous week, Nextpower had 14 more articles in the media than Array Technologies. MarketBeat recorded 17 mentions for Nextpower and 3 mentions for Array Technologies. Array Technologies' average media sentiment score of 1.07 beat Nextpower's score of 0.77 indicating that Array Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nextpower
8 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Nextpower has a beta of 1.86, suggesting that its stock price is 86% more volatile than the broader market. Comparatively, Array Technologies has a beta of 1.81, suggesting that its stock price is 81% more volatile than the broader market.

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
Nextpower16.46% 28.18% 15.62%
Array Technologies -5.56%-103.11%9.13%

Nextpower currently has a consensus target price of $148.06, indicating a potential upside of 41.47%. Array Technologies has a consensus target price of $10.43, indicating a potential upside of 66.15%. Given Array Technologies' higher possible upside, analysts plainly believe Array Technologies is more favorable than Nextpower.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nextpower
0 Sell rating(s)
5 Hold rating(s)
21 Buy rating(s)
0 Strong Buy rating(s)
2.81
Array Technologies
2 Sell rating(s)
8 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.45

Summary

Nextpower beats Array Technologies on 14 of the 17 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 small-cap energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, earnings, institutional ownership, profitability, analyst recommendations, dividends and media sentiment.

Shoals Technologies Group currently has a consensus price target of $10.31, indicating a potential downside of 4.20%. Array Technologies has a consensus price target of $10.43, indicating a potential upside of 66.15%. Given Array Technologies' higher possible 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
0 Sell rating(s)
6 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.63
Array Technologies
2 Sell rating(s)
8 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.45

In the previous week, Shoals Technologies Group had 2 more articles in the media than Array Technologies. MarketBeat recorded 5 mentions for Shoals Technologies Group and 3 mentions for Array Technologies. Array Technologies' average media sentiment score of 1.07 beat Shoals Technologies Group's score of 0.53 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
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
1 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 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$475.33M3.79$33.57M$0.2053.80
Array Technologies$1.28B0.75-$52.24M-$0.84N/A

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 1.81, meaning that its stock price is 81% more volatile than the broader market.

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 15 factors compared between the two stocks.

How does Array Technologies compare to Otter Tail?

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

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
Otter Tail21.34% 15.21% 7.13%
Array Technologies -5.56%-103.11%9.13%

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

Otter Tail currently has a consensus target price of $86.00, suggesting a potential downside of 4.54%. Array Technologies has a consensus target price of $10.43, suggesting a potential upside of 66.15%. Given Array Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Array Technologies is more favorable than Otter Tail.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Otter Tail
1 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Array Technologies
2 Sell rating(s)
8 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.45

Otter Tail has a beta of 0.45, indicating that its stock price is 55% less volatile than the broader market. Comparatively, Array Technologies has a beta of 1.81, indicating that its stock price is 81% more volatile than the broader market.

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
Otter Tail$1.30B2.90$275.89M$6.6713.51
Array Technologies$1.28B0.75-$52.24M-$0.84N/A

In the previous week, Array Technologies had 2 more articles in the media than Otter Tail. MarketBeat recorded 3 mentions for Array Technologies and 1 mentions for Otter Tail. Otter Tail's average media sentiment score of 1.87 beat Array Technologies' score of 1.07 indicating that Otter Tail is being referred to more favorably in the media.

Company Overall Sentiment
Otter Tail Very Positive
Array Technologies Positive

Summary

Otter Tail beats Array Technologies on 10 of the 17 factors compared between the two stocks.

How does Array Technologies compare to MGE Energy?

MGE Energy (NASDAQ:MGEE) 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 risk, institutional ownership, profitability, earnings, dividends, media sentiment, valuation and analyst recommendations.

In the previous week, MGE Energy had 2 more articles in the media than Array Technologies. MarketBeat recorded 5 mentions for MGE Energy and 3 mentions for Array Technologies. MGE Energy's average media sentiment score of 1.13 beat Array Technologies' score of 1.07 indicating that MGE Energy is being referred to more favorably in the media.

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

MGE Energy has a beta of 0.71, indicating that its stock price is 29% less volatile than the broader market. Comparatively, Array Technologies has a beta of 1.81, indicating that its stock price is 81% more volatile than the broader market.

MGE Energy currently has a consensus price target of $75.50, suggesting a potential downside of 6.99%. Array Technologies has a consensus price target of $10.43, suggesting a potential upside of 66.15%. Given Array Technologies' stronger consensus rating and higher probable upside, analysts clearly believe Array Technologies is more favorable than MGE Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MGE Energy
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00
Array Technologies
2 Sell rating(s)
8 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.45

MGE Energy has higher earnings, but lower revenue 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
MGE Energy$743.65M4.01$135.89M$3.9020.81
Array Technologies$1.28B0.75-$52.24M-$0.84N/A

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
MGE Energy18.61% 10.94% 4.68%
Array Technologies -5.56%-103.11%9.13%

52.6% of MGE Energy shares are owned by institutional investors. 0.4% of MGE Energy 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, hedge funds and endowments believe a company is poised for long-term growth.

Summary

MGE Energy beats Array Technologies on 9 of the 17 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 superior investment? We will compare the two companies based on the strength of their earnings, profitability, dividends, analyst recommendations, valuation, institutional ownership, risk and media sentiment.

Hawaiian Electric Industries has a beta of 0.49, indicating that its share price is 51% less volatile than the broader market. Comparatively, Array Technologies has a beta of 1.81, indicating that its share price is 81% more volatile than the broader market.

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$3.09B0.75$126.28M$0.7418.24
Array Technologies$1.28B0.75-$52.24M-$0.84N/A

Hawaiian Electric Industries presently has a consensus target price of $12.38, indicating a potential downside of 8.30%. Array Technologies has a consensus target price of $10.43, indicating a potential upside of 66.15%. Given Array Technologies' stronger consensus rating and higher possible upside, analysts clearly 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)
8 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.45

59.9% of Hawaiian Electric Industries shares are held by institutional investors. 0.2% of Hawaiian Electric Industries shares are held by company insiders. Comparatively, 0.6% of Array Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Array Technologies had 2 more articles in the media than Hawaiian Electric Industries. MarketBeat recorded 3 mentions for Array Technologies and 1 mentions for Hawaiian Electric Industries. Array Technologies' average media sentiment score of 1.07 beat Hawaiian Electric Industries' score of 0.46 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)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Array Technologies
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Array Technologies beats Hawaiian Electric Industries on 9 of the 17 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

Export
MetricArray TechnologiesSolar IndustryEnergy SectorNASDAQ Exchange
Market Cap$941.42M$2.60B$9.97B$12.44B
Dividend YieldN/A5.31%10.70%8.42%
P/E Ratio-7.4813.6019.2824.38
Price / Sales0.7569.80469.1392.57
Price / Cash3.0610.3537.0459.36
Price / Book-4.653.694.156.33
Net Income-$52.24M$24.30M$4.24B$331.02M
7 Day Performance-0.95%1.18%0.96%-0.33%
1 Month Performance-22.28%-10.60%-2.77%-1.29%
1 Year Performance-15.36%36.64%29.81%21.30%

Array Technologies Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARRY
Array Technologies
4.2901 of 5 stars		$6.28
+2.6%		$10.43
+66.1%		-15.2%$941.42M$1.28BN/A1,200
NXT
Nextpower
4.8393 of 5 stars		$115.03
+1.9%		$148.69
+29.3%		+74.8%$16.96B$3.56B29.691,993
SHLS
Shoals Technologies Group
2.335 of 5 stars		$10.58
+6.3%		$9.79
-7.5%		+87.1%$1.67B$475.33M52.901,480
OTTR
Otter Tail
2.2935 of 5 stars		$90.49
-1.0%		$86.00
-5.0%		+14.4%$3.84B$1.30B13.572,198
MGEE
MGE Energy
2.713 of 5 stars		$82.96
-1.5%		$75.50
-9.0%		-6.2%$3.10B$743.65M21.27700

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This page (NASDAQ:ARRY) was last updated on 7/15/2026 by MarketBeat.com Staff.
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