Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally.
Array Technologies stock last closed at $8.95, up 0% from the previous day, and has increased 45.06% in one year. It has overperformed other stocks in the Solar industry by 1.04 percentage points. Array Technologies stock is currently +138.03% from its 52-week low of $3.76, and -13.69% from its 52-week high of $10.37.
There are currently 152.55M shares of ARRY outstanding. The market capitalization of ARRY is $1.37B. In the past 24 hours, 6.24M ARRY shares were traded.
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Out of 15 Equities analysts who give forecasts on ARRY, the consensus analyst rating on Array Technologies is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Christine Cho, a top 21% analyst from Barclays downgrades ARRY to a hold rating and raises their ARRY price target from $8.00 to $9.00, on Oct 2, 2025.
Corinne Blanchard, a bottom 3% analyst from Deutsche Bank initiates coverage on ARRY with a strong buy rating and announces their ARRY price target of $11.00, on Sep 30, 2025.
Ben Kallo, a top 4% analyst from Baird initiates coverage on ARRY with a buy rating and announces their ARRY price target of $11.00, on Sep 30, 2025.
Dimple Gosai, a top 39% analyst from Bank of America downgrades ARRY to a sell rating and lowers their ARRY price target from $8.00 to $7.00, on Sep 12, 2025.
Jon Windham, a top 9% analyst from UBS maintains ARRY with a strong buy rating and raises their ARRY price target from $8.50 to $9.00, on Aug 11, 2025.
UBS's Jon Windham raised their price target on Array Technologies (NASDAQ: ARRY) by 5.9% from $8.5 to $9 on 2025/08/11. The analyst maintained their Strong Buy rating on the stock.
Array Technologies reported its Q2 2025 earnings.
Looking ahead, Windham noted that management's FY 2025 guidance suggests better gross margins in 2H than in 1H.
For Q2 2025, Array Technologies reported:
For FY 2025, management guided:
CEO Kevin G. Hostetler commented: “ARRAY remains focused on commercial execution—delivering 20% sequential revenue growth, with continued new booking momentum and actions taken to produce an improved quality, higher-margin orderbook.
"Over the last quarter, we also announced several transformative business updates through our definitive agreement to acquire APA Solar and the launch of Hail XP™.
"Additionally, we successfully issued new convertible notes, repaid our higher-cost term loan in full, and unlocked balance sheet constraints.
"With these updates, we significantly enhance our customer-focused product offerings, improve our capital structure and debt maturity profile, and better position ARRAY for long-term growth.
“Utility-scale solar is uniquely positioned to play a foundational role in meeting rapidly rising electricity demand because it is scalable, cost-effective, and can be deployed quickly.
"While there is still uncertainty around the final changes and implementation of the OBBB(3), the long-term signals are clear.
"ARRAY has proactively prepared to navigate this new environment and remains committed to supporting our customers’ specific domestic content needs and project timelines.
"As a result of our year-to-date performance and confidence in our second-half execution, we are raising our full-year revenue outlook and increasing the midpoint of our profitability guidance components.”
You can dive deeper into what analysts are saying on the Array Technologies stock forecast page.
Last year, ARRY revenue was $1.06B. Over the last four year, ARRY's revenue has gone up by 11.73% per year. This was slower than the Solar industry average of 13.56%.
You can research ARRY's earnings and revenue performance here.
In the last year, insiders at ARRY have sold more shares than they have bought.
Terrance L. Collins, Chief Human Resources Officer of ARRY, was the latest ARRY insider to sell. They sold $8,423.40 worth of ARRY shares on Aug 1, 2025.
Dig into more about who owns ARRY shares here.
No, Array Technologies doesn't provide an income stream by paying out dividends.
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