Array Technologies, Inc. (ARRY)
| Market Cap | 967.88M |
| Revenue (ttm) | 982.19M |
| Net Income (ttm) | -148.81M |
| Shares Out | 151.94M |
| EPS (ttm) | -0.98 |
| PE Ratio | n/a |
| Forward PE | 8.87 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,947,994 |
| Open | 6.15 |
| Previous Close | 6.10 |
| Day's Range | 6.09 - 6.65 |
| 52-Week Range | 5.56 - 20.15 |
| Beta | 1.61 |
| Analysts | Buy |
| Price Target | 13.03 (+104.55%) |
| Earnings Date | Nov 7, 2024 |
About ARRY
Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combinati... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 23 analysts, the average rating for ARRY stock is "Buy." The 12-month stock price forecast is $13.03, which is an increase of 104.55% from the latest price.
News
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...
ARRAY Technologies Developing Industry-Leading 77-Degree Stow for Enhanced Hail Protection
ALBUQUERQUE, N.M., Sept. 09, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in utility-scale solar tracking, is proud to announce the developmen...
Top 3 Industrials Stocks That May Rocket Higher This Month
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Array Technologies, Inc. (ARRY) Q2 2024 Earnings Call Transcript
Array Technologies, Inc. (NASDAQ:ARRY) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Sarah Sheppard - Investor Relations Kevin Hostetler - Chief Executive Officer Ne...
Array Technologies, Inc. Reports Financial Results for the Second Quarter 2024 – Delivers strong results on continued gross margin strength
Second Quarter 2024 Highlights Revenue of $255.8 million Gross Margin of 33.6% Adjusted gross margin of 35.0%( 1) Net income to common shareholders of $12.0 million Adjusted EBITDA( 1) of $55.4 millio...
Array Technologies ($ARRY) Unveils SkyLink System to Maximize Solar Efficiency in Extreme Weather
Array Technologies (NASDAQ: ARRY), a global leader in utility-scale solar tracking solutions, has launched SkyLink, a revolutionary wireless tracker system. New features include an eight linked-row ar...
Array Unveils SkyLink Tracker System to Maximize Solar Efficiency in Extreme Weather & Reduce Costs
ALBUQUERQUE, N.M., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY) (“Array” or the “Company”), a global leader in utility-scale solar tracking solutions, announced the launch of Sk...
Array Technologies, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call
ALBUQUERQUE, N.M., July 18, 2024 (GLOBE NEWSWIRE) -- Array Technologies (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its second quarter 2024 results after th...
Array Technologies Publishes 4th Annual Sustainability Disclosures
ALBUQUERQUE, N.M., July 16, 2024 (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 Charges Higher. A New Bull Sees a Bright Future.
Citi analysts upgraded shares of the solar energy company to Buy from Neutral.
Array CEO Kevin Hostetler Testifies Before Congress on the Solar Manufacturing Boom from the Inflation Reduction Act
ALBUQUERQUE, N.M., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Kevin G.
Array Technologies Stock Slides. CFO Departure Is a ‘Surprise,' Analyst Says.
Chief Financial Officer Kurt Wood is stepping down from his position at Array effective June 30.
Array Technologies Announces Departure of Chief Financial Officer
Chief Financial Officer, Kurt Wood, will step down from his position effective June 30, 2024 Chief Financial Officer, Kurt Wood, will step down from his position effective June 30, 2024
Array Technologies Appoints Neil Manning as President and Chief Operating Officer
ALBUQUERQUE, N.M., June 05, 2024 (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, Inc. (ARRY) Q1 2024 Earnings Call Transcript
Array Technologies, Inc. (NASDAQ:ARRY) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Sarah Sheppard - Investor Relations Kevin Hostetler - Chief Executive Officer Kurt ...
Array Technologies, Inc. Reports Financial Results for the First Quarter 2024 – Achieves record gross margin and $2.1 billion of executed contracts and awarded orders
First Quarter 2024 Highlights Revenue of $153.4 million Gross Margin of 35.9% Adjusted gross margin of 38.3%(1) Net loss to common shareholders of $11.3 million Adjusted EBITDA(1) of $26.2 million Bas...
Array and DNV Release Report on Solar Tracker Wind Stow Strategies' Energy Impact
ALBUQUERQUE, N.M., May 06, 2024 (GLOBE NEWSWIRE) -- Array Technologies (NASDAQ: ARRY), a leading provider of solar tracking solutions, confirmed in a new study that its safe, passive wind stow solutio...