ARRY

Array Technologies Inc
NASDAQTECHNOLOGYSOLAR

Key Statistics

Market Cap
$708.43M
P/E Ratio
EPS
$-0.96
Beta
1.77
52W High
$12.23
52W Low
$4.31
50-Day MA
$5.56
200-Day MA
$7.84
Dividend Yield
Profit Margin
-7.25%
Forward P/E
5.68
PEG Ratio
0.47

About Array Technologies Inc

Array Technologies, Inc. manufactures and supplies solar tracking systems and related products for customers in the United States and internationally. The company is headquartered in Albuquerque, New Mexico.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$1.19B
Gross Profit (TTM)$317.13M
EBITDA$119.36M
Operating Margin10.90%
Return on Equity-26.00%
Return on Assets3.33%
Revenue/Share (TTM)$7.74
Book Value$-1.31
Price-to-Book5.03
Price-to-Sales (TTM)0.60
EV/Revenue1.386
EV/EBITDA226.61
Quarterly Earnings Growth (YoY)-73.20%
Quarterly Revenue Growth (YoY)-5.60%
Shares Outstanding$154.01M
Float$140.06M
% Insiders0.66%
% Institutions147.92%

Historical Volatility

HV 10-Day
41.86%
HV 20-Day
39.77%
HV 30-Day
65.83%
HV 60-Day
64.57%
HV Rank

Volatility is currently contracting

Analyst Ratings

Consensus ($9.11 target)
1
Strong Buy
10
Buy
12
Hold

Latest News

Array Technologies: The Pieces Are Coming Together In This Turnaround Play

Array Technologies is deeply undervalued after a 91% drawdown, now trading at a 0.57x sales multiple and 11.8% FCF yield. Recent strategic acquisitions (APA Solar and AWM) and product expansion position ARRY as an integrated solar solutions provider, enhancing cross-sell opportunities and margin potential. Despite past missteps, notably the STI Norland acquisition, new management has refocused on core strengths and is driving a turnaround with improving financials and backlog.

Seeking Alpha9/2/2026Positive
ARRAY Technologies Completes Acquisition of Affordable Wire Management, Expanding Balance-of-System Strategy

ALBUQUERQUE, N.M., Aug. 31, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced the successful completion of its acquisition of Affordable Wire Management, LLC (“AWM”), a leading provider of wire management, cable protection, and balance-of-system solutions for utility-scale solar and energy storage projects.

GlobeNewsWire8/31/2026Neutral
ARRAY Technologies to Participate in Upcoming Investor Conferences

ALBUQUERQUE, N.M., Aug. 27, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced that members of its senior management and/or investor relations team are scheduled to participate in the following investor conferences in September.

GlobeNewsWire8/27/2026Neutral
ARRAY Technologies to Detail Balance-of-System Strategy and APA Long-Term Growth Opportunities at the APA Investor Technology Showcase Today

ALBUQUERQUE, N.M., Aug. 20, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, will host its previously announced APA Investor Technology Showcase today, Thursday, August 20, 2026, beginning at 9:00 a.m.

GlobeNewsWire8/20/2026Neutral
Array Technologies: Q2 2026 Review, Bullish For 2027

Array Technologies remains fundamentally strong, with a record $2.5B orderbook and resilient margins despite revenue softness and integration challenges. ARRY's acquisition of Affordable Wire Management is expected to be accretive in 2026, boosting EBITDA margins and expanding its presence in a high-margin, duopolistic market. Management's guidance signals near-term revenue delays but sets up for a bullish 2027, with synergies and STI Norland recovery driving margin and revenue growth.

Seeking Alpha8/19/2026Positive
ARRAY Technologies Reports Financial Results for the Second Quarter 2026

2026 Second Quarter Business Highlights Record total executed contracts and awarded orders at June 30, 2026 of $2.5 billion, a 37% increase year-over-year Over $500 million of new orders in the quarter and a trailing twelve-month book-to-bill of 1.5x Surpassed 100 gigawatts of tracker products delivered worldwide, a significant milestone representing ARRAY's successful leadership in the utility-scale solar industry Formally launched DuraTrack D2S™ for international markets Announced next-generation OmniTrack®, which accommodates an industry-leading 2° of slope change between adjacent posts 2026 Second Quarter Financial Highlights   (in millions, except per share) 2Q 2026 Revenue $ 342.1   Gross margin   29.1 % Adjusted gross margin(1)   30.8 % Net income to common stockholders $ 8.4   Adjusted EBITDA(1) $ 63.3   Net income per basic and diluted common share $ 0.05   Adjusted net income per diluted common share(1) $ 0.24           ALBUQUERQUE, N.M., Aug. 05, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced financial results for its second quarter ended June 30, 2026.

GlobeNewsWire8/5/2026Neutral

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Data last updated: 9/7/2026