Array Technologies, Inc. (ARRY)
| Market Cap | 1.06B |
| Revenue (ttm) | 1.06B |
| Net Income (ttm) | -282.42M |
| Shares Out | 152.55M |
| EPS (ttm) | -1.86 |
| PE Ratio | n/a |
| Forward PE | 10.56 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,031,445 |
| Open | 6.36 |
| Previous Close | 5.95 |
| Day's Range | 6.36 - 7.03 |
| 52-Week Range | 3.76 - 14.85 |
| Beta | 1.65 |
| Analysts | Buy |
| Price Target | 9.84 (+41.69%) |
| Earnings Date | May 6, 2025 |
About ARRY
Array Technologies, Inc. manufactures and sells solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. The company operates through two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headqua... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for ARRY stock is "Buy." The 12-month stock price forecast is $9.84, which is an increase of 41.69% from the latest price.
News
Array Technologies: On The Road To Recovery
Array Technologies, Inc., founded in 1989, is a leading solar tracking company, primarily serving utility-scale installations, with significant revenue from the US and growing international presence. ...
Array Technologies, Inc. (ARRY) Q1 2025 Earnings Call Transcript
Array Technologies, Inc. (NASDAQ:ARRY) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Kevin Hostetler - CEO Keith Jennings - CFO Neil Manning - President & COO Julia War...
Array Technologies: Stabilization Presents A Great Risk-To-Reward Opportunity
After previous market share deterioration, Array Technologies, Inc.'s Q1 showed progress in stabilization. Sales surged past Wall Street's expectations, carrying onto earnings as well. The short-term ...
ARRAY Technologies, Inc. Reports Financial Results for the First Quarter 2025
Strong operational execution drives first-quarter results above revenue and earnings guidance Strong operational execution drives first-quarter results above revenue and earnings guidance
ARRAY Technologies Enhances ARRAY STI H250™ Tracker with SmarTrack® Backtracking and Diffuse Capabilities
ALBUQUERQUE, N.M., May 05, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology products, software and services...
ARRAY Technologies, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call
ALBUQUERQUE, N.M., April 15, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (Nasdaq: ARRY), a global leader in utility-scale solar tracking, today announced that the Comp...
ARRAY Technologies Appoints Nick Strevel as Senior Vice President of Product Management and Technical Sales
Veteran solar executive to lead global product strategy and build ARRAY's new technical sales function, enhancing innovation and customer engagement
Array Technologies, Inc. (ARRY) Q4 2024 Earnings Call Transcript
Array Technologies, Inc. (NASDAQ:ARRY) Q4 2024 Earnings Conference Call February 27, 2025 5:00 PM ET Company Participants Gina Gunning - Chief Legal Officer & Corporate Secretary Kevin Hostetler - Ch...
ARRAY Technologies, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2024
Exceeds the mid-point of fourth quarter revenue guidance, achieves record gross margin on the full year, and delivers strong cash flow generation Exceeds the mid-point of fourth quarter revenue guidan...
Array Technologies: Convalescing Well, Ahead Of The Q4 Results
The stock of Array Technologies, which has shown steady improvement over the past 4 months now faces a crucial Q4 earnings event on the 27th of February. Q4 will be yet another quarter of sales declin...
ARRAY Technologies, Inc. Announces Fourth Quarter and Full Year 2024 Earnings Release Date and Conference Call
ALBUQUERQUE, N.M., Feb. 06, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (Nasdaq: ARRY) today announced that the company will release its fourth quarter and full year 2...
ARRAY Technologies Names Gina Gunning as Chief Legal Officer
ALBUQUERQUE, N.M., Jan. 27, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading provider of tracker solutions and services for utility-scale solar energy p...
ARRAY Technologies Names Darin Green as Chief Revenue Officer for North America
ALBUQUERQUE, N.M., Jan. 06, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading provider of tracker solutions and services for utility-scale solar energy p...
Nextracker And Array Technologies: Both Look Promising, But One Is Clearly Best-In-Class
Nextracker and Array Technologies dominate the solar tracking market, with Nextracker showing superior financial performance and innovation, despite Array's broader technology offerings including dual...
ARRAY Technologies and RP Surpass 6GW of Solar Power Deployed
ALBUQUERQUE, N.M., Dec. 04, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in solar tracker solutions, announced today that it has deployed more...
ARRAY Technologies Names H. Keith Jennings as Chief Financial Officer
ARRAY new hire, H. Keith Jennings, brings over 30 years global experience in financial strategy, capital markets and corporate transformation to CFO role
ARRAY Announces $3 Million Investment in Swap Robotics to Drive Automation in PV Installation
ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in solar tracker technology, is proud to announce its strategic $3 mi...
ARRAY Technologies Appoints Two Industry Veterans to Lead EMEA
ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in solar tracker solutions, announces the appointment of Leonardo Ser...
Array Technologies, Inc. (ARRY) Q3 2024 Earnings Call Transcript
Array Technologies, Inc. (NASDAQ:ARRY) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Sarah Sheppard - IR Kevin Hostetler - CEO Neil Manning - President and COO Kur...
ARRAY Technologies, Inc. Reports Financial Results for the Third Quarter 2024 – Delivers exceptional gross margin growth and continued operational momentum
Third Quarter 2024 Highlights Revenue of $231.4 million Gross Margin of 33.8% Adjusted gross margin of 35.4%(1) Net loss to common shareholders of $(155.4) million Net loss to common shareholders incl...
Renewable-energy stocks tank after Trump wins White House
Trump, a climate change denier, is expected to upend green policies implemented by the current administration, which include solar tax credits and incentives that were part of incumbent President Joe ...
The Bottom Fishing Club - Array Technologies: Solar Industry Turnaround Possible After Election
Array Technologies is undervalued due to fears of potential tax-policy changes for the solar industry if Republicans sweep the 2024 election, alongside overly aggressive short-selling efforts. U.S. de...
ARRAY Technologies, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
ALBUQUERQUE, N.M., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (Nasdaq: ARRY) today announced that the company will release its third quarter 2024 results aft...
Array: Not Yet In Fashion, But 3 Reasons To Consider A Nibble Now (Rating Upgrade)
Array Technologies, noted for its expertise in integrated solar tracking solutions, has seen its share price get decimated this year by over 60%. ARRY's long-term prospects remain strong despite short...
ARRAY Technologies Introduces Reusable Packaging Option
ALBUQUERQUE, N.M., Sept. 10, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in utility-scale solar tracking, today announced the launch of a gro...