Array Technologies/$ARRY

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Array Technologies

Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers referred to as a single-axis tracker that move solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil and Rest of the World with the United States deriving the majority of the revenue.

Ticker

$ARRY
Primary listing

Industry

Electrical Equipment

Employees

1,021

ISIN

US04271T1007

ARRY Metrics

BasicAdvanced
$1.2B
-
-$1.86
1.65
-

What the Analysts think about ARRY

Analyst ratings (Buy, Hold, Sell) for Array Technologies stock.

Bulls say / Bears say

Array Technologies' introduction of the Hail Response System, which autonomously protects solar assets from hail damage, showcases the company's commitment to innovation and may enhance its market competitiveness. (Benzinga)
The partnership with Alpuco in Saudi Arabia to supply locally sourced materials positions Array Technologies favorably in the Middle Eastern market, which is projected to add nearly 70 GW of photovoltaic capacity by 2030. (Yahoo Finance)
Despite recent stock price declines, Array Technologies maintains strong liquidity with a current ratio of 2.41, indicating financial resilience that could support future growth initiatives. (Investing.com)
Array Technologies' stock has experienced a significant downturn, hitting a 52-week low of $5.51, reflecting a 64.45% decline over the past year, which may indicate waning investor confidence. (Investing.com)
The company's revenue has declined by approximately 40% in the last twelve months, suggesting potential challenges in maintaining sales momentum and market share. (Investing.com)
Analyst ratings have been adjusted downward, with Truist Securities lowering the price target to $7.00 from $8.00, indicating tempered expectations for the company's stock performance. (Webull)
Data summarised monthly by Lightyear AI. Last updated on 4 Jun 2025.

ARRY Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

ARRY Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $ARRY

Sign up or log in to buy
Capital at risk
Market closed

Upcoming events

No upcoming events
FAQs