Array Technologies, Inc. (ARRY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Array Technologies, Inc. (ARRY) trades at $6.94 with AI Score 26/100 (Grade F). Array Technologies, Inc. specializes in manufacturing and supplying solar tracking systems. Market cap: $1.07B, Sector: Energy.
Price live · AI analysis from May 9, 2026ARRY stock analysis for 2026: Analysts have set a consensus price target of $10.00 for Array Technologies, Inc., suggesting 44.0% upside from the current price of $6.94. The AI MoonshotScore is 26/100, indicating a bearish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
ARRY: 1/1 perspectives are bearish.
How is this calculated? →Array Technologies, Inc. (ARRY) Energy Operations & Outlook
Array Technologies, Inc. provides solar tracking solutions, including single-axis tracking systems and machine learning software, enhancing energy production for solar projects. With a focus on optimizing solar array positioning, the company serves the US and international markets, positioning itself within the renewable energy sector.
What Is the Investment Thesis for ARRY?
Array Technologies, Inc. presents a compelling investment case within the renewable energy sector, driven by the increasing global demand for solar power. The company's DuraTrack HZ v3 and SmarTrack software offer tangible benefits in terms of energy yield, making them attractive to solar project developers. With a market capitalization of $1.07B, Array Technologies is positioned to capitalize on the expanding solar market. Key growth catalysts include ongoing investments in renewable energy infrastructure and technological advancements in solar tracking. However, investors should be aware of risks such as fluctuating raw material costs and competition within the solar technology space.
Based on FMP financials and quantitative analysis
ARRY Key Highlights
- Market Cap of $1.07B indicates a significant presence in the solar tracking systems market.
- Gross Margin of 23.0% reflects the profitability of Array Technologies' products and services.
- Beta of 1.82 suggests higher volatility compared to the overall market, potentially offering higher returns but also greater risk.
- Array Technologies' DuraTrack HZ v3 is a key product, enhancing energy capture in solar power plants.
- SmarTrack software optimizes solar array positioning in real-time, further increasing energy production.
Who Are ARRY's Competitors?
ARRY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| SEDG SolarEdge Technologies, Inc. | $57.21 | +9.22% | $3.48B | 58 |
| ENPH Enphase Energy, Inc. | $45.12 | +4.77% | $5.95B | 67 |
| TYGO Tigo Energy, Inc. | $2.11 | +1.78% | $159.93M | 65 |
| SPWR SunPower Inc. | $0.60 | -4.82% | $58.94M | 63 |
| SPRQF SPARQ Corp. | $0.84 | +13.18% | $98.49M | 59 |
| CVUEF ClearVue Technologies Limited | $0.06 | +24.59% | $15.32M | 59 |
| JKS JinkoSolar Holding Co., Ltd. | $15.91 | +0.44% | $208.30M | 39 |
| GCPEF GCL Technology Holdings Limited | $0.10 | +11.11% | $3.27B | 39 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ARRY's Key Strengths?
- Proprietary technology in solar tracking systems.
- Established market presence in the United States and internationally.
- Strong focus on innovation and technological advancement.
- Experienced management team.
What Are ARRY's Weaknesses?
- Profit Margin of -5.6% indicates financial challenges.
- Dependence on the solar energy market and government incentives.
- Exposure to fluctuating raw material costs.
- Limited diversification beyond solar tracking systems.
What Could Drive ARRY Stock Higher?
- Increasing global demand for renewable energy sources.
- Government incentives and policies supporting solar energy adoption.
- Potential new product launches and technological advancements.
- Expansion into new geographic markets.
What Are the Key Risks for ARRY?
- Financial-distress signal — its Altman Z-Score of 1.30 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-20.6%) — the business is not currently generating profit on shareholder capital.
- Fluctuations in raw material costs.
- Intense competition from other solar technology providers.
- Changes in government policies and incentives.
- Economic downturns affecting solar project investments.
- Technological disruptions in the solar energy industry.
What Are the Growth Opportunities for ARRY?
- Expansion into Emerging Markets: Array Technologies can leverage the increasing demand for solar energy in emerging markets, particularly in regions with high solar irradiance. These markets often lack established energy infrastructure, making solar power a cost-effective and sustainable solution. By establishing partnerships and tailoring its products to local conditions, Array Technologies can gain a significant foothold in these rapidly growing markets. This expansion could significantly increase revenue and market share.
- Product Innovation and Technological Advancement: Continued investment in research and development can lead to the development of more efficient and cost-effective solar tracking solutions. This includes exploring new materials, improving software algorithms, and integrating advanced sensors to optimize energy production. By staying at the forefront of technological innovation, Array Technologies can maintain its competitive edge and attract new customers.
- Strategic Partnerships and Acquisitions: Forming strategic alliances with solar panel manufacturers, project developers, and energy providers can create synergistic opportunities. This includes joint ventures, co-marketing agreements, and technology licensing. Acquisitions of complementary businesses can expand Array Technologies' product portfolio and market reach. These partnerships can accelerate growth and enhance the company's competitive position.
- Government Incentives and Regulatory Support: Favorable government policies, such as tax credits, subsidies, and renewable energy mandates, can significantly boost the demand for solar energy. Array Technologies can actively engage with policymakers to advocate for policies that support the solar industry. By leveraging government incentives, the company can reduce costs and increase the attractiveness of its products to customers.
- Focus on Energy Storage Solutions: Integrating energy storage solutions with solar tracking systems can further enhance the value proposition for customers. Energy storage allows solar power plants to store excess energy generated during peak hours and dispatch it during periods of low sunlight or high demand. By offering integrated solutions, Array Technologies can provide a more comprehensive and reliable energy solution, increasing customer satisfaction and loyalty.
What Opportunities Does ARRY Have?
- Expansion into emerging markets with high solar irradiance.
- Development of integrated energy storage solutions.
- Strategic partnerships and acquisitions.
- Increasing demand for renewable energy sources.
What Threats Does ARRY Face?
- Intense competition from other solar technology providers.
- Changes in government policies and incentives.
- Economic downturns affecting solar project investments.
- Technological disruptions in the solar energy industry.
What Are ARRY's Competitive Advantages?
- Proprietary DuraTrack HZ v3 technology.
- SmarTrack machine learning software for real-time optimization.
- Established relationships with key players in the solar industry.
- Strong reputation for product quality and reliability.
What Does ARRY Do?
Founded in 1989 and headquartered in Albuquerque, New Mexico, Array Technologies, Inc. has evolved into a key player in the solar energy sector. The company manufactures and supplies solar tracking systems, which are crucial for maximizing energy generation in solar power plants. Its flagship product, the DuraTrack HZ v3, is a single-axis solar tracking system designed to orient solar panels towards the sun throughout the day, significantly increasing energy capture compared to fixed-tilt systems. Complementing this hardware is SmarTrack, a sophisticated machine learning software that analyzes weather patterns and adjusts the angle of solar arrays in real-time, further optimizing energy production. Array Technologies serves a global customer base, providing solutions that enhance the efficiency and economic viability of solar energy projects. The company's commitment to innovation and technological advancement has solidified its position in the competitive solar energy market.
What Products and Services Does ARRY Offer?
- Manufactures single-axis solar tracking systems.
- Supplies solar tracking systems to solar power plants.
- Develops machine learning software to optimize solar array positioning.
- Provides solutions to enhance energy production in solar projects.
- Offers DuraTrack HZ v3, a single-axis solar tracking system.
- Offers SmarTrack, a machine learning software for real-time optimization.
- Serves customers in the United States and internationally.
How Does ARRY Make Money?
- Sells DuraTrack HZ v3 single-axis solar tracking systems.
- Licenses SmarTrack machine learning software.
- Provides maintenance and support services for its products.
- Generates revenue through direct sales and partnerships.
What Industry Does ARRY Operate In?
Array Technologies operates within the rapidly growing solar energy industry. The industry is characterized by increasing demand for renewable energy sources, driven by environmental concerns and government incentives. The competitive landscape includes companies specializing in solar panel manufacturing, inverter technology, and tracking systems. Array Technologies differentiates itself through its focus on advanced tracking solutions, which optimize energy production and improve the economic viability of solar projects. The solar energy market is expected to continue its growth trajectory, presenting significant opportunities for companies like Array Technologies.
Who Are ARRY's Key Customers?
- Solar power plant developers.
- Energy providers.
- Utility companies.
- Independent power producers.
Company Profile
Array Technologies, Inc. operates in the Solar industry within the Energy sector. It is headquartered in Albuquerque, US. The company is led by CEO Kevin G. Hostetler. ARRY has traded publicly since 2020.
Array Technologies, Inc. Financial Trajectory
Array Technologies, Inc. (ARRY) reported $223.4M in revenue for Q1 2026, a decline of 1.2% compared to the prior quarter. The company recorded net income of $2.0M, with diluted EPS of $-0.09. Revenue has contracted over three consecutive quarters, which investors in this small-cap Energy stock should monitor closely. Across the four most recent quarters, ARRY averaged $-0.21 in diluted EPS.
How Array Technologies, Inc. Is Valued
Array Technologies, Inc. carries a market capitalization of $1.07B, placing it in the small-cap category. Relative to its peer group, ARRY's quantitative score of 26/100 is below the peer average of 62/100.
ROE -21%Key Financial Metrics
Return on equity for Array Technologies, Inc. stands at -20.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -4.5%, showing how much profit it generates from its asset base. Its free cash flow yield is 5.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.25 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -6.4%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
Array Technologies, Inc.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.30 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Array Technologies, Inc. revenue of about $1.46B for fiscal 2026, with EPS near $0.73. The estimate reflects 16 contributing analysts.
ARRY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Array Technologies' future performance, indicating that executives believe in the company's growth potential.
- Community sentiment has shifted positively as discussions around renewable energy and solar solutions have surged, benefiting Array.
- Recent partnerships and contracts in the solar sector highlight Array's growing market presence, reinforcing its position in a booming industry.
- Analysts are optimistic about the company's innovative technology, which is expected to enhance efficiency and reduce costs for solar projects.
Bear Case
- Concerns about supply chain disruptions and rising material costs have created uncertainty around Array's profit margins, leading to cautious sentiment.
- Some community members express skepticism about the sustainability of recent growth, fearing it may be driven by temporary market trends rather than solid fundamentals.
- Increased competition in the solar technology space raises questions about Array's ability to maintain its market share and pricing power.
- Recent earnings reports have shown mixed results, leading to doubts among investors about the company's long-term profitability and growth trajectory.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $223M | $2M | -$0.09 |
| Q4 2025 | $226M | -$146M | -$1.06 |
| Q3 2025 | $393M | $34M | $0.12 |
| Q2 2025 | $362M | $43M | $0.19 |
Based on FMP financials and quantitative analysis
ARRY Latest News
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10 Industrials Stocks With Whale Alerts In Today's Session
benzinga · Jun 17, 2026
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Tom Lee's Small-Cap Granny Shots ETF Reloads: First Solar, Zoom Among 10 New Buys
benzinga · Jun 10, 2026
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Assessing Array Technologies (ARRY) Valuation After Recent Share Price Weakness
Yahoo! Finance: ARRY News · Jun 10, 2026
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3 Stocks Under $10 That Fall Short
Yahoo! Finance: ARRY News · Jun 10, 2026
ARRY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ARRY.
Price Targets
Consensus target: $10.00
ARRY MoonshotScore
What does this score mean?
The MoonshotScore rates ARRY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry SolarLatest News
10 Industrials Stocks With Whale Alerts In Today's Session
Tom Lee's Small-Cap Granny Shots ETF Reloads: First Solar, Zoom Among 10 New Buys
Assessing Array Technologies (ARRY) Valuation After Recent Share Price Weakness
3 Stocks Under $10 That Fall Short
Latest Array Technologies, Inc. Analysis
Leadership: Kevin G. Hostetler
CEO
Kevin G. Hostetler serves as the CEO of Array Technologies, Inc., bringing extensive experience in the energy sector. His career spans various leadership roles, focusing on strategic growth and operational efficiency. Prior to joining Array Technologies, Hostetler held key positions at leading energy companies, where he oversaw significant expansions and technological advancements. He holds advanced degrees in engineering and business administration, providing a strong foundation for his leadership in the renewable energy industry. Hostetler's expertise lies in driving innovation and scaling operations to meet the growing demand for sustainable energy solutions.
Track Record: Under Kevin G. Hostetler's leadership, Array Technologies has focused on expanding its market share and enhancing its product offerings. He has overseen the introduction of advanced tracking systems and software solutions, contributing to increased energy production and customer satisfaction. Hostetler has also prioritized strategic partnerships and acquisitions to strengthen the company's competitive position. His tenure has been marked by a commitment to innovation and sustainable growth.
ARRY Energy Stock FAQ
What does Array Technologies, Inc. do?
Array Technologies, Inc. specializes in the design, manufacturing, and supply of solar tracking systems and related products for utility-scale solar energy projects. Their primary offering is the DuraTrack HZ v3, a single-axis solar tracker that automatically adjusts the angle of solar panels to follow the sun's path throughout the day, maximizing energy production. They also offer SmarTrack software, which uses machine learning to further optimize panel positioning based on weather conditions and other factors. The company serves customers globally, contributing to the efficiency and cost-effectiveness of solar power generation.
What do analysts say about ARRY stock?
Analyst coverage of Array Technologies, Inc. (ARRY) typically focuses on the company's growth prospects within the expanding solar energy market. Key valuation metrics often considered include price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-EBITDA (EV/EBITDA). Analysts assess the company's ability to maintain its market share, innovate its product offerings, and manage its supply chain effectively. Growth considerations include the increasing adoption of solar energy globally, government incentives, and the company's ability to execute its expansion strategy. The consensus view reflects expectations for continued revenue growth and improved profitability.
What are the main risks for ARRY?
Array Technologies, Inc. faces several risks inherent to the solar energy industry. These include intense competition from other solar technology providers, fluctuations in raw material costs (particularly steel), and potential changes in government policies and incentives that could impact the demand for solar energy. Additionally, the company is exposed to macroeconomic risks, such as economic downturns that could reduce investments in solar projects. Technological disruptions, such as the development of more efficient solar panels or alternative tracking systems, could also pose a threat to Array Technologies' market position. Effective risk management and diversification strategies are crucial for mitigating these challenges.
What are the key factors to evaluate for ARRY?
Array Technologies, Inc. (ARRY) holds an AI score of 26/100 (low). P/E: 9.3x vs the S&P 500's ~20-25x. Analysts target $10.00 (+44%). Not financial advice.
How frequently does ARRY data refresh on this page?
ARRY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven ARRY's recent stock price performance?
Array Technologies, Inc. (ARRY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Proprietary technology in solar tracking systems. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider ARRY overvalued or undervalued right now?
Array Technologies, Inc. (ARRY) trades at 9.3x earnings. Analysts target $10.00 (+44%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying ARRY?
Before investing in Array Technologies, Inc. (ARRY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recent available information.
- Analyst opinions may vary and are subject to change.