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Array Technologies (ARRY) Competitors

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$4.62 +0.07 (+1.54%)
Closing price 09/11/2026 04:00 PM Eastern
Extended Trading
$4.59 -0.03 (-0.65%)
As of 09/11/2026 07:53 PM Eastern
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ARRY vs. NXT, SHLS, SEDG, PLPC, and FLNC

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), SolarEdge Technologies (SEDG), Preformed Line Products (PLPC), and Fluence Energy (FLNC). 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 compare the two companies based on the strength of their risk, analyst recommendations, earnings, valuation, profitability, dividends, media sentiment and institutional ownership.

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$3.56B3.53$585.88M$3.8621.47

Array Technologies currently has a consensus target price of $9.81, indicating a potential upside of 112.39%. Nextpower has a consensus target price of $144.96, indicating a potential upside of 74.88%. Given Array Technologies' higher possible upside, equities research analysts clearly believe Array Technologies is more favorable than Nextpower.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
1 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.38
Nextpower
0 Sell rating(s)
4 Hold rating(s)
22 Buy rating(s)
2 Strong Buy rating(s)
2.93

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%

67.4% of Nextpower shares are owned by institutional investors. 0.6% of Array Technologies shares are owned by company insiders. Comparatively, 0.8% of Nextpower shares are owned 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, Nextpower had 3 more articles in the media than Array Technologies. MarketBeat recorded 8 mentions for Nextpower and 5 mentions for Array Technologies. Nextpower's average media sentiment score of 1.12 beat Array Technologies' score of 0.27 indicating that Nextpower is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Nextpower
4 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 beta of 1.77, indicating that its share price is 77% more volatile than the broader market. Comparatively, Nextpower has a beta of 1.92, indicating that its share price is 92% more volatile than the broader market.

Summary

Nextpower beats Array Technologies on 16 of the 17 factors compared between the two stocks.

How does Array Technologies compare to Shoals Technologies Group?

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

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
Array Technologies-7.25% -82.63% 9.11%
Shoals Technologies Group 5.41%10.07%6.38%

In the previous week, Shoals Technologies Group had 1 more articles in the media than Array Technologies. MarketBeat recorded 6 mentions for Shoals Technologies Group and 5 mentions for Array Technologies. Shoals Technologies Group's average media sentiment score of 0.65 beat Array Technologies' score of 0.27 indicating that Shoals Technologies Group is being referred to more favorably in the news media.

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

Array Technologies has a beta of 1.77, suggesting that its stock price is 77% more volatile than the broader market. Comparatively, Shoals Technologies Group has a beta of 1.89, suggesting that its stock price is 89% more volatile than the broader market.

Array Technologies currently has a consensus price target of $9.81, indicating a potential upside of 112.39%. Shoals Technologies Group has a consensus price target of $10.71, indicating a potential upside of 46.77%. Given Array Technologies' higher probable upside, research analysts clearly believe Array Technologies is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
1 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.38
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65

Shoals Technologies Group has lower revenue, but higher earnings 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
Array Technologies$1.28B0.55-$52.24M-$0.98N/A
Shoals Technologies Group$475.33M2.58$33.57M$0.1938.42

Summary

Shoals Technologies Group beats Array Technologies on 11 of the 14 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 industrials companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, earnings, risk, media sentiment, valuation, analyst recommendations and institutional ownership.

95.1% of SolarEdge Technologies shares are held by institutional investors. 1.0% of SolarEdge Technologies shares are held by insiders. Comparatively, 0.6% of Array Technologies shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

SolarEdge Technologies has a beta of 1.44, meaning that its stock price is 44% more volatile than the broader market. Comparatively, Array Technologies has a beta of 1.77, meaning that its stock price is 77% more volatile than the broader market.

SolarEdge Technologies currently has a consensus price target of $39.00, indicating a potential upside of 12.46%. Array Technologies has a consensus price target of $9.81, indicating a potential upside of 112.39%. Given Array Technologies' stronger consensus rating and higher possible upside, analysts plainly believe Array Technologies is more favorable than SolarEdge Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SolarEdge Technologies
5 Sell rating(s)
11 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.83
Array Technologies
1 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.38

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%

In the previous week, SolarEdge Technologies had 29 more articles in the media than Array Technologies. MarketBeat recorded 34 mentions for SolarEdge Technologies and 5 mentions for Array Technologies. SolarEdge Technologies' average media sentiment score of 0.57 beat Array Technologies' score of 0.27 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
10 Very Positive mention(s)
4 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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$1.18B1.80-$405.45M-$4.50N/A
Array Technologies$1.28B0.55-$52.24M-$0.98N/A

Summary

Array Technologies beats SolarEdge 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 superior stock? We will contrast the two companies based on the strength of their earnings, analyst recommendations, institutional ownership, profitability, valuation, media sentiment, dividends and risk.

41.2% of Preformed Line Products shares are owned by institutional investors. 0.6% of Array Technologies shares are owned by insiders. Comparatively, 33.0% of Preformed Line Products shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

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 1.63 beat Array Technologies' score of 0.27 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
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Preformed Line Products
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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%

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$740.16M2.80$35.28M$8.8847.70

Array Technologies has a beta of 1.77, meaning that its share price is 77% more volatile than the broader market. Comparatively, Preformed Line Products has a beta of 0.93, meaning that its share price is 7% less volatile than the broader market.

Array Technologies presently has a consensus price target of $9.81, suggesting a potential upside of 112.39%. Preformed Line Products has a consensus price target of $275.00, suggesting a potential downside of 35.07%. Given Array Technologies' higher probable upside, equities analysts plainly believe Array Technologies is more favorable than Preformed Line Products.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Array Technologies
1 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.38
Preformed Line Products
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.50

Summary

Preformed Line Products beats Array Technologies on 11 of the 17 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 small-cap industrials companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, media sentiment, risk, dividends, profitability, analyst recommendations, institutional ownership and valuation.

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%

Array Technologies has a beta of 1.77, indicating that its share price is 77% more volatile than the broader market. Comparatively, Fluence Energy has a beta of 2.74, indicating that its share price is 174% more volatile than the broader market.

53.2% of Fluence Energy shares are owned by institutional investors. 0.6% of Array Technologies shares are owned by company insiders. Comparatively, 0.7% of Fluence Energy shares are owned 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.

Array Technologies currently has a consensus target price of $9.81, indicating a potential upside of 112.39%. Fluence Energy has a consensus target price of $16.89, indicating a potential upside of 70.14%. Given Array Technologies' stronger consensus rating and higher probable upside, 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
1 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.38
Fluence Energy
6 Sell rating(s)
12 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.00

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$2.26B0.81-$48.31M-$0.61N/A

In the previous week, Fluence Energy had 9 more articles in the media than Array Technologies. MarketBeat recorded 14 mentions for Fluence Energy and 5 mentions for Array Technologies. Fluence Energy's average media sentiment score of 0.59 beat Array Technologies' score of 0.27 indicating that Fluence Energy is being referred to more favorably in the news media.

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

Summary

Fluence Energy beats Array 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$711.52M$10.17B$10.25B$12.85B
Dividend YieldN/A2.33%97.06%11.17%
P/E Ratio-4.7146.3225.7925.36
Price / Sales0.551,638.79332.54116.78
Price / Cash2.3132.7123.9051.52
Price / Book-3.427.524.846.20
Net Income-$52.24M$139.36M$613.14M$358.50M
7 Day Performance0.43%-1.14%-1.55%-2.35%
1 Month Performance-10.47%-6.26%-4.17%-3.23%
1 Year Performance-39.77%10.66%6.24%8.79%

Array Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARRY
Array Technologies
3.8456 of 5 stars
$4.62
+1.5%
$9.81
+112.4%
-39.8%$711.52M$1.28BN/A1,200
NXT
Nextpower
4.4624 of 5 stars
$84.50
flat
$146.12
+72.9%
+24.3%$12.82B$3.56B21.891,993
SHLS
Shoals Technologies Group
4.8256 of 5 stars
$7.13
flat
$10.71
+50.3%
+6.1%$1.20B$475.33M37.531,480
SEDG
SolarEdge Technologies
1.6321 of 5 stars
$34.20
flat
$38.36
+12.2%
+19.7%$2.10B$1.18BN/A3,576
PLPC
Preformed Line Products
2.6044 of 5 stars
$398.45
flat
$275.00
-31.0%
+113.1%$1.95B$669.34M44.873,734

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This page (NASDAQ:ARRY) was last updated on 9/13/2026 by MarketBeat.com Staff.
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