Array Technologies, Inc. (ARRY)
|Net Income (ttm)||59.07M|
|Trading Day||April 16|
|Day's Range||27.55 - 28.63|
|52-Week Range||26.13 - 54.78|
March came in like a lion and took a big bite out of this solar stock last month.
One industry that received a huge tailwind with the election of President Biden was the solar companies, and with good reason.
ALBUQUERQUE, N.M., March 23, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced the closing of the previously announced secondary offering by a stockholder ...
Solar energy tracker solution provider Array Technologies Inc (NASDAQ: ARRY) has priced 31 million shares at $28 per share in a secondary offering. Its shareholder, Oaktree Capital, is selling all the s...
ALBUQUERQUE, N.M., March 18, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced the pricing of a secondary offering by a stockholder of the Company controll...
Investors weren't happy about a secondary stock offering.
The narrative in the solar space is both highly variable and very stable. On the one hand, the rules keep changing and stocks in the space keep reacting.
ALBUQUERQUE, N.M., March 16, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced that a stockholder of the Company controlled by Oaktree Capital (the “Sellin...
Fourth Quarter 2020 Financial Highlights
Array Technologies establishes “Array Tech Research Center” to accelerate tracker innovation and strengthen customer ...
Phoenix facility to serve as R&D, training, and client demonstration site for advanced technology Phoenix facility to serve as R&D, training, and client demonstration site for advanced technology
Market volatility can create buying opportunities if you know where to look.
Array Technologies, Inc. Announces Fourth Quarter & Full-Year 2020 Earnings Release Date and Conference Call
ALBUQUERQUE, N.M., Feb. 19, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its fourth quarter and full-year 202...
Solar energy seems poised to witness growth as the focus shifts to renewables, making it wise to look at names like Enphase Energy (ENPH), Array Technologies (ARRY) and First Solar (FSLR).
The prospects for solar stocks are bright, which calls for investing in SolarEdge (SEDG), Array Tech (ARRY), Canadian Solar (CSIQ) and ReneSola (SOL).
While everyone knew a victory for Biden would be a boon for the Solar space, the jets really locked into place on Jan 5, when the Georgia Senate run-off vote unexpectedly put the Dems in charge of Capit...
Positioned in an accelerating segment within a growing secular industry. A market leader within one of the most profitable parts of the solar supply chain.
Given the enthusiasm among many analysts and investors for clean energy and ESG (environmental, social and governance) stocks, Monday's actions by analysts at Goldman Sachs may seem a bit out of whack.
These stocks look like bargains in this red-hot stock market.
The green energy boom continues with the Invesco Exchange Solar ETF up over 100 percent in 2020. The outperformance in solar is impressive - I am looking to gain exposure via a relatively new entrant wi...
Array Technologies combines profit and growth for upside in the solar industry.
In 2021 and beyond, factors such as declining cost of solar projects as well as ample corporate investments are expected to boost the U.S. solar market.
Volatility has created trading opportunities in this market, and these 10 short-term stocks all have the potential for big moves. The post 10 Great Short-Term Stocks for Active Investors to Buy appeared...
Some big contracts have driven this solar stock higher.
ALBUQUERQUE, N.M., Dec. 07, 2020 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced the closing of the previously announced secondary offering by a parent entity...
ALBUQUERQUE, N.M., Dec. 03, 2020 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced the pricing of an upsized secondary offering by a parent entity of the Compan...
A big shareholder just dumped 25 million (or more) shares on the market.
ALBUQUERQUE, N.M., Nov. 30, 2020 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced that a parent entity of the Company controlled by Oaktree Capital (the “Selli...
Partnering with Leading Design-Build Contractor to Bring Advanced Solar Tracker Technology to the Distributed Generation Market Partnering with Leading Design-Build Contractor to Bring Advanced Solar Tr...
A lot of solar stocks have scant profits. Array stock stands out from its peers because it has both strong growth and a great business model.
The last thing we needed as we start to enter the home stretch for 2020 was a disputed election, but here it is.
A big order isn't what the market was looking for today.
Array Technologies (ARRY) CEO Jim Fusaro on Q3 2020 Results - Earnings Call Transcript
There are many reasons to believe that Array Technologies stock will be a strong renewable energy investment. That may be-- but maybe not right now.
The freshly public solar tracking company reported third-quarter results.
Array Technologies, Inc. Reports Financial Results for the Third Quarter of 2020 and Provides Full Year 2020 Guidance
Third Quarter 2020 Financial Highlights
Array Technologies stock will drop 50% unless the company can extend innovation from its accounting department to its engineering one. The post Accounting Misdirection Could Send Array Technologies Stoc...
ALBUQUERQUE, N.M., Oct. 30, 2020 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its third quarter 2020 results after...
Oaktree Capital did well investing in Array Technologies stock. Should it sell after the 180-day lock-up or wait for ARRY to move higher?
Democratic presidential nominee Joe Biden and incumbent Republican President Donald Trump have very different stances on the energy sector. Biden favors clean energy and a shift to renewables, while Tru...
Thanks to solar sentiment, Array Technologies stock is an interesting play. However, be aware of its distinct risk profile before you invest.
Array Technologies stock offers an attractive long-term play on solar growth. But investors should look for a better entry point down the line.
Array Technologies stock is likely to become a long-term winner as the future looks bright for shareholders The post Prepare for a Good Opportunity to Go Long Array Technologies Stock appeared first on ...
After 30 years in the solar industry, this company may just be getting started.
Solar market investors might want to gobble up shares of red-hot Array Technologies stock, but you need to time your entry correctly. The post Array Technologies Is Hard to Resist, but Waiting Is the Ri...
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products for customers in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is based in Albuquerque, New Mexico.
|IPO Date |
Oct 15, 2020
|Stock Exchange |
|Ticker Symbol |
In 2020, ARRY's revenue was $872.66 million, an increase of 34.69% compared to the previous year's $647.90 million. Earnings were $59.07 million, an increase of 48.63%.
According to 10 analysts, the average rating for ARRY stock is "Hold." The 12-month stock price forecast is 45.45, which is an increase of 63.96% from the latest price.