Skip to main content

Array Technologies, Inc. (ARRY)

NASDAQ: ARRY · Delayed Price · USD
18.07 0.35 (1.98%)
Sep 21, 2021 3:50 PM EDT - Market open
Market Cap2.33B
Revenue (ttm)768.76M
Net Income (ttm)-14.13M
Shares Out134.09M
EPS (ttm)-0.11
PE Ration/a
Forward PE25.51
Dividendn/a
Ex-Dividend Daten/a
Volume1,844,825
Open17.76
Previous Close17.72
Day's Range17.43 - 18.23
52-Week Range12.72 - 54.78
Betan/a
AnalystsHold
Price Target24.55 (+35.9%)
Est. Earnings DateNov 4, 2021

About ARRY

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.

IndustrySolar
IPO DateOct 15, 2020
Employees387
Stock ExchangeNASDAQ
Ticker SymbolARRY
Full Company Profile

Financial Performance

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%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ARRY stock is "Hold." The 12-month stock price forecast is 24.55, which is an increase of 35.86% from the latest price.

Price Target
$24.55
(35.86% upside)
Analyst Consensus: Hold

News

(ARRY) Alert: Did You Acquire Array Technologies, Inc. Before December 2020? Contact Johnson Fistel, LLP

SAN DIEGO, Sept. 16, 2021 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims on behalf of Array Technologies, Inc. ("Array" or the "Company") (NASDAQ: ARRY) against certain of its off...

5 days ago - PRNewsWire

3 Out-of-Favor Solar Stocks to Buy Now

Solar energy is booming and these three companies have a leg up on the competition.

Other symbols:ENPHFSLR
1 week ago - The Motley Fool

Solar Power Stocks: The 45% Plan Putting ISUN, ARRY, SPWR, FSLR Stocks in the Sun Today

Solar power stocks are on the move today with the Biden administration's new solar plan. The U.S. is aiming to be nearly half solar by 2050.

Other symbols:ISUNFSLRSPWR
1 week ago - InvestorPlace

7 Energy Stocks to Invest $1,000 in Right Now Spanning the Sector

Energy stocks continue their choppy rebound as 2021 begins to wind down. That's a blessing for those who look in the right places.

Other symbols:CVXDVNEVRGGEREGIXOM
2 weeks ago - InvestorPlace

3 Growth Stocks to Buy That Could Be Massive Long-Term Winners

The very best investment opportunities are often rooted in market-based evolutions in addition to savvy leadership.

Other symbols:MELINIO
2 weeks ago - The Motley Fool

Array Technologies Diversifies Global Supply Chain with POSCO

South Korean steelmaker to supply to Array's global projects South Korean steelmaker to supply to Array's global projects

2 weeks ago - GlobeNewsWire

3 Stocks That Will Soar as Solar Costs Continue to Drop

The falling cost of solar equipment will be a tailwind for these stocks.

Other symbols:RUNSPWR
3 weeks ago - The Motley Fool

Why Array Technologies Jumped 10% Today

An investment in energy infrastructure could mean a sharp focus on solar deployment, putting this company in a sweet spot.

1 month ago - The Motley Fool

7 Clean Energy Stocks to Buy as ‘Code Red' Approaches

Clean energy stocks are coming to further prominence on the heels of new data. These companies will likely lead the charge.

1 month ago - InvestorPlace

Array Technologies Announces Additions to Board of Directors

Bilal Khan of Blackstone joins board following announcement of $500 million capital commitment from Blackstone. Paulo Almirante and Gerrard Schmid join with renewable energy and public company expertise...

1 month ago - GlobeNewsWire

Goldman Sachs Says Buy 3 Sizzling Stocks Now With Up to 150% Upside Potential

With August and the back-to-school season upon us, a large share of the outstanding second-quarter earnings results have been posted, and analysts and investors on Wall Street are very satisfied with th...

1 month ago - 24/7 Wall Street

Why Array Technologies Jumped 11% Today

Despite continued challenges, the ground-mounted solar systems maker grew revenue 76%.

1 month ago - The Motley Fool

Array Technologies, Inc. Reports Financial Results for the Second Quarter 2021

Second Quarter 2021 Financial Highlights

1 month ago - GlobeNewsWire

Array Technologies, Inc. Announces $500 Million Capital Commitment from Blackstone

Reinforces leadership position and positions company to be industry consolidator Reinforces leadership position and positions company to be industry consolidator

1 month ago - GlobeNewsWire

Why Shares of Array Technologies Are Red-Hot Today

Wall Street is casting a hopeful gaze in this solar stock's direction.

1 month ago - The Motley Fool

Array Technologies Shares Pop As Roth Capital Upgrades To Buy Before Q2 Results, Sees 82.3% Upside

Roth Capital analyst Philip Shen upgraded Array Technologies Inc (NASDAQ:ARRY) to Buy from Neutral with a $25 price target, implying an upside of 82.3%. Shen is incrementally more bullish ahead of the c...

1 month ago - Benzinga

(ARRY) Alert: Did You Acquire Array Technologies, Inc. Before December 2020?

SAN DIEGO, Aug. 5, 2021 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims on behalf of Array Technologies, Inc. ("Array" or the "Company") (NASDAQ: ARRY) against certain of its offic...

1 month ago - PRNewsWire

Why Shares of Array Technologies Sank 13% in July

Between rising steel prices and bearish sentiment from analysts, investors weren't feeling so sunny about this solar industry niche player last month.

1 month ago - The Motley Fool

New Strong Sell Stocks for August 4th

ARRY, CRON, ESTC, LEVL and TME have been added to the Zacks Rank #5 (Strong Sell) List on August 4, 2021.

Other symbols:CRONESTCLEVLTME
1 month ago - Zacks Investment Research

Array Technologies, Inc. Announces Second Quarter 2021 Earnings Release Date and Conference Call

ALBUQUERQUE, N.M., July 28, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (the “Company” or “Array”) (Nasdaq: ARRY) today announced that the company will release its second quarter 2021 results afte...

1 month ago - GlobeNewsWire

SHAREHOLDER ALERT: Robbins LLP is Investigating Array Technologies, Inc. (ARRY) on Behalf of Shareholders

SAN DIEGO & ALBUQUERQUE, N.M.--(BUSINESS WIRE)---- $ARRY #ARRAY--Shareholder rights law firm Robbins LLP is investigating Array Technologies, Inc. (NASDAQ: ARRY) to determine whether certain Array offic...

2 months ago - Business Wire

Apple, Array Tech, Vertex Pharma and More Tuesday Afternoon Analyst Calls

With the trading day more than halfway over, the broad markets were rallying after the carnage on Monday.

2 months ago - 24/7 Wall Street

Why Array Technologies Stock Crashed in 2021

The stock got crushed after earnings, but the company has a plan.

2 months ago - The Motley Fool

ARRY Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Array Technologies, Inc. Shareholders With Losses Exc...

NEW YORK--(BUSINESS WIRE)--Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Array Technologies, Inc. ("Array" or the "Compa...

2 months ago - Business Wire

DEADLINE TODAY: Array Shareholder Class Action Lawsuit

Boston, Massachusetts--(Newsfile Corp. - July 13, 2021) - The Thornton Law Firm announces that it has filed a securities class action lawsuit along with Labaton Sucharow LLP, on behalf of investors of A...

2 months ago - Newsfile Corp