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Array Technologies (ARRY) Competitors

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$4.60 -0.09 (-1.86%)
As of 10:30 AM Eastern
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ARRY vs. NXT, SHLS, FLNC, PLPC, and SEDG

Should you buy Array Technologies stock or one of its competitors? Array Technologies's main competitors and comparable companies include Nextpower (NXT), Shoals Technologies Group (SHLS), Fluence Energy (FLNC), Preformed Line Products (PLPC), and SolarEdge Technologies (SEDG). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electrical components & equipment" industry.

How does Array Technologies compare to Nextpower?

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

67.4% of Nextpower shares are owned by institutional investors. 0.6% of Array Technologies shares are owned by insiders. Comparatively, 0.8% of Nextpower shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Nextpower has a net margin of 16.36% compared to Array Technologies' net margin of -7.25%. Nextpower's return on equity of 26.29% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies-7.25% -82.63% 9.11%
Nextpower 16.36%26.29%15.02%

Array Technologies has a beta of 1.86, meaning that its share price is 86% more volatile than the broader market. Comparatively, Nextpower has a beta of 1.95, meaning that its share price is 95% more volatile than the broader market.

In the previous week, Nextpower had 4 more articles in the media than Array Technologies. MarketBeat recorded 9 mentions for Nextpower and 5 mentions for Array Technologies. Array Technologies' average media sentiment score of 1.02 beat Nextpower's score of 0.34 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
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Nextpower
3 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Array Technologies presently has a consensus target price of $9.91, suggesting a potential upside of 115.72%. Nextpower has a consensus target price of $146.12, suggesting a potential upside of 71.27%. 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
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)
4 Hold rating(s)
22 Buy rating(s)
1 Strong Buy rating(s)
2.89

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$1.28B0.55-$52.24M-$0.98N/A
Nextpower$3.56B3.64$585.88M$3.8622.10

Summary

Nextpower beats Array Technologies on 15 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 industrials companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, earnings, risk, valuation, profitability, institutional ownership and dividends.

Shoals Technologies Group presently has a consensus price target of $10.71, indicating a potential upside of 53.06%. Array Technologies has a consensus price target of $9.91, indicating a potential upside of 115.72%. 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)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65
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 a beta of 1.93, suggesting that its share price is 93% more volatile than the broader market. Comparatively, Array Technologies has a beta of 1.86, suggesting that its share price is 86% more volatile than the broader market.

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$475.33M2.48$33.57M$0.1936.84
Array Technologies$1.28B0.55-$52.24M-$0.98N/A

Shoals Technologies Group has a net margin of 5.41% compared to Array Technologies' net margin of -7.25%. Shoals Technologies Group's return on equity of 10.07% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group5.41% 10.07% 6.38%
Array Technologies -7.25%-82.63%9.11%

In the previous week, Shoals Technologies Group and Shoals Technologies Group both had 5 articles in the media. Array Technologies' average media sentiment score of 1.02 beat Shoals Technologies Group's score of 0.38 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)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Array Technologies
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Shoals Technologies Group beats Array Technologies on 9 of the 13 factors compared between the two stocks.

How does Array Technologies compare to Fluence Energy?

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

Fluence Energy has a net margin of -3.13% compared to Array Technologies' net margin of -7.25%. Fluence Energy's return on equity of -16.79% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies-7.25% -82.63% 9.11%
Fluence Energy -3.13%-16.79%-3.37%

In the previous week, Fluence Energy had 3 more articles in the media than Array Technologies. MarketBeat recorded 8 mentions for Fluence Energy and 5 mentions for Array Technologies. Array Technologies' average media sentiment score of 1.02 beat Fluence Energy's score of 0.73 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
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Fluence Energy
5 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

53.2% of Fluence Energy shares are held by institutional investors. 0.6% of Array Technologies shares are held by insiders. Comparatively, 0.7% of Fluence Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Array Technologies presently has a consensus price target of $9.91, indicating a potential upside of 115.72%. Fluence Energy has a consensus price target of $17.89, indicating a potential upside of 63.74%. Given Array Technologies' stronger consensus rating and higher probable upside, equities research analysts clearly believe Array Technologies is more favorable than Fluence 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
Fluence Energy
4 Sell rating(s)
13 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.09

Array Technologies has a beta of 1.86, meaning that its stock price is 86% more volatile than the broader market. Comparatively, Fluence Energy has a beta of 2.78, meaning that its stock price is 178% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Array Technologies$1.28B0.55-$52.24M-$0.98N/A
Fluence Energy$2.26B0.89-$48.31M-$0.61N/A

Summary

Fluence Energy beats Array Technologies on 10 of the 16 factors compared between the two stocks.

How does Array Technologies compare to Preformed Line Products?

Array Technologies (NASDAQ:ARRY) and Preformed Line Products (NASDAQ:PLPC) are both industrials 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.

41.2% of Preformed Line Products shares are held by institutional investors. 0.6% of Array Technologies shares are held by insiders. Comparatively, 33.0% of Preformed Line Products 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 1.86, indicating that its share price is 86% more volatile than the broader market. Comparatively, Preformed Line Products has a beta of 0.91, indicating that its share price is 9% less volatile than the broader market.

Array Technologies presently has a consensus target price of $9.91, suggesting a potential upside of 115.72%. Preformed Line Products has a consensus target price of $275.00, suggesting a potential downside of 34.18%. Given Array Technologies' higher probable upside, equities research analysts clearly believe Array Technologies is more favorable than Preformed Line Products.

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
Preformed Line Products
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
3.00

Preformed Line Products has a net margin of 5.82% compared to Array Technologies' net margin of -7.25%. Preformed Line Products' return on equity of 10.64% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Array Technologies-7.25% -82.63% 9.11%
Preformed Line Products 5.82%10.64%7.65%

In the previous week, Array Technologies had 1 more articles in the media than Preformed Line Products. MarketBeat recorded 5 mentions for Array Technologies and 4 mentions for Preformed Line Products. Preformed Line Products' average media sentiment score of 1.26 beat Array Technologies' score of 1.02 indicating that Preformed Line Products is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Array Technologies
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Preformed Line Products
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Array Technologies$1.28B0.55-$52.24M-$0.98N/A
Preformed Line Products$669.34M3.05$35.28M$8.8847.05

Summary

Preformed Line Products beats Array Technologies on 11 of the 17 factors compared between the two stocks.

How does Array Technologies compare to SolarEdge Technologies?

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

95.1% of SolarEdge Technologies shares are owned by institutional investors. 1.0% of SolarEdge Technologies 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 hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

SolarEdge Technologies presently has a consensus target price of $36.20, indicating a potential upside of 21.18%. Array Technologies has a consensus target price of $9.91, indicating a potential upside of 115.72%. Given Array Technologies' stronger consensus rating and higher possible upside, analysts clearly believe Array Technologies is more favorable than SolarEdge Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SolarEdge Technologies
6 Sell rating(s)
11 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.72
Array Technologies
2 Sell rating(s)
10 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.33

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SolarEdge Technologies$1.18B1.55-$405.45M-$4.50N/A
Array Technologies$1.28B0.55-$52.24M-$0.98N/A

SolarEdge Technologies has a beta of 1.49, indicating that its share price is 49% more volatile than the broader market. Comparatively, Array Technologies has a beta of 1.86, indicating that its share price is 86% more volatile than the broader market.

In the previous week, Array Technologies had 1 more articles in the media than SolarEdge Technologies. MarketBeat recorded 5 mentions for Array Technologies and 4 mentions for SolarEdge Technologies. SolarEdge Technologies' average media sentiment score of 1.26 beat Array Technologies' score of 1.02 indicating that SolarEdge Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SolarEdge Technologies
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Array Technologies has a net margin of -7.25% compared to SolarEdge Technologies' net margin of -20.29%. SolarEdge Technologies' return on equity of -29.17% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
SolarEdge Technologies-20.29% -29.17% -5.62%
Array Technologies -7.25%-82.63%9.11%

Summary

Array Technologies beats SolarEdge Technologies on 11 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 TechnologiesElectrical Equipment IndustryIndustrials SectorNASDAQ Exchange
Market Cap$709.68M$10.29B$10.66B$12.70B
Dividend YieldN/A2.33%97.24%10.79%
P/E Ratio-4.7044.3426.6124.09
Price / Sales0.551,607.07320.9278.04
Price / Cash2.3529.2224.3136.90
Price / Book-3.405.514.856.38
Net Income-$52.24M$139.36M$612.94M$348.51M
7 Day Performance-7.73%-3.56%-1.42%1.08%
1 Month Performance-13.63%0.19%2.61%5.25%
1 Year Performance-49.34%13.51%11.67%15.83%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARRY
Array Technologies
3.9581 of 5 stars
$4.60
-2.0%
$9.91
+115.7%
-48.3%$709.68M$1.28BN/A1,200
NXT
Nextpower
4.4801 of 5 stars
$99.09
-2.3%
$146.12
+47.5%
+25.3%$15.40B$3.56B25.671,993
SHLS
Shoals Technologies Group
4.5176 of 5 stars
$8.23
-2.6%
$10.71
+30.2%
+9.4%$1.42B$475.33M43.321,480
FLNC
Fluence Energy
3.4885 of 5 stars
$12.63
-3.9%
$18.58
+47.1%
+50.1%$2.43B$2.26BN/A1,670
PLPC
Preformed Line Products
1.9337 of 5 stars
$475.03
+2.2%
$275.00
-42.1%
+122.0%$2.27B$669.34M53.493,734

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This page (NASDAQ:ARRY) was last updated on 8/24/2026 by MarketBeat.com Staff.
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