Array Technologies (ARRY) Stock Price, News & Analysis

Company Overview

Array Technologies, Inc. (NASDAQ:ARRY) designs and manufactures solar tracking systems for utility-scale and commercial solar photovoltaic projects. Its trackers are engineered to orient solar panels toward the sun throughout the day, helping project operators improve energy production compared with fixed-tilt installations.

The company’s product portfolio includes single-axis tracking systems, tracker controls and monitoring technologies, and related software and services. Its offerings include the DuraTrack platform and SmarTrack technology, which are designed to support system operation, energy optimization, project engineering, installation, and ongoing maintenance.

Founded in 1989, Array Technologies is headquartered in Albuquerque, New Mexico. The company serves solar developers, engineering and construction firms, independent power producers, and other customers in the utility-scale solar market across North America and international markets, including Europe, Australia, Asia, the Middle East, and Africa.

Key Stats

• Today's Range: $3.60 to $3.76
• 50-Day Range: $3.68 to $6.01
• 52-Week Range: $3.60 to $12.23
• Volume: 5.56 million shs
• Average Volume: 6.66 million shs
• Market Capitalization: $566.75 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $9.07
• Consensus Rating: Hold

Array Technologies Stock Analysis - MarketRank™

Array Technologies scored higher than 86% of companies evaluated by MarketBeat, and ranked 260th out of 657 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

Array Technologies has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 8 buy ratings, 12 hold ratings, and 1 sell rating.

Upside Potential

Array Technologies has a consensus price target of $9.07, representing about 146.4% upside from its current price of $3.68.

Amount of Analyst Coverage

Array Technologies has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 24.19%

Earnings Growth

Earnings for Array Technologies are expected to grow by 24.19% in the coming year, from $0.62 to $0.77 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Array Technologies is 7.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of Array Technologies is 7.65, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 26.67.

Price to Earnings Growth Ratio

Array Technologies has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

24.88% of the float of Array Technologies has been sold short.

Short Interest Ratio / Days to Cover

Array Technologies has a short interest ratio ("days to cover") of 5.32.

Change versus previous month

Short interest in Array Technologies has recently increased by 8.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Array Technologies does not currently pay a dividend.

Dividend Growth

Array Technologies does not have a long track record of dividend growth.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: N/A

News Sentiment

Array Technologies has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Array Technologies this week, compared to 4 articles on an average week.

Search Interest

6 people have searched for ARRY on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.

MarketBeat Follows

1 people have added Array Technologies to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Array Technologies insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.64% of the stock of Array Technologies is held by insiders.

Percentage Held by Institutions

Array Technologies has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 8/05/2026
• Today: 10/09/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrials
• Industry: Electrical Equipment
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NASDAQ:ARRY
• CIK: 1820721
• Web: arraytechinc.com
• Phone: 505-881-7567
• Fax: N/A
• Employees: 1,200
• Year Founded: 1997

Price Target and Rating

• Average Price Target for Array Technologies: $9.07
• High Price Target: $19.00
• Low Price Target: $4.00
• Potential Upside/Downside: +146.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 21 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.98)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 5.94
• P/E Growth: 0.86
• Net Income: -$52.24 million
• Net Margins: -7.25%
• Pretax Margin: -6.20%
• Return on Equity: -82.63%
• Return on Assets: 9.11%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.20
• Quick Ratio: 1.81

Sales & Book Value

• Annual Sales: $1.19 billion
• Price / Sales: 0.48
• Cash Flow: $1.96 per share
• Price / Cash Flow: 1.88
• Book Value: ($1.35) per share
• Price / Book: -2.73

Miscellaneous

• Outstanding Shares: 154,008,000
• Free Float: 153,022,000
• Market Cap: $566.75 million
• Optionable: Optionable
• Beta: 1.82