Array Technologies, Inc. (ARRY)

NASDAQ: ARRY · Delayed Price · USD
11.93
-1.15 (-8.79%)
At close: Jan 18, 2022 4:00 PM
12.11
0.18 (1.51%)
Pre-market:Jan 19, 2022 8:09 AM EST
Market Cap1.78B
Revenue (ttm)821.36M
Net Income (ttm)-37.93M
Shares Out148.92M
EPS (ttm)-0.30
PE Ration/a
Forward PE25.06
Dividendn/a
Ex-Dividend Daten/a
Volume3,915,708
Open12.67
Previous Close13.08
Day's Range11.92 - 12.77
52-Week Range11.92 - 52.77
Betan/a
AnalystsBuy
Price Target26.18 (+119.4%)
Earnings DateNov 11, 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

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for ARRY stock is "Buy." The 12-month stock price forecast is 26.18, which is an increase of 119.45% from the latest price.

Price Target
$26.18
(119.45% upside)
Analyst Consensus: Buy

News

Array Technologies Completes Acquisition of STI Norland

Establishes Array as Global Leader in Solar Trackers with Leading Positions in North America, Latin America and Europe Establishes Array as Global Leader in Solar Trackers with Leading Positions in Nort...

1 week ago - GlobeNewsWire

Array Technologies Announces Leadership Updates

Thierry Marin-Martinod Appointed Chief Technology Officer

4 weeks ago - GlobeNewsWire

ARRAY ALERT: Bragar Eagel & Squire, P.C. is Investigating Array Technologies, Inc. on Behalf of Long-Term Stockholder...

NEW YORK--(BUSINESS WIRE)-- #ARRY--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Array Technologies, Inc. (NASDAQ: ARRY) on ...

1 month ago - Business Wire

Solar stocks underperformed this year: could that change in 2022?

2021 has been the year of focus on energy transition. Interestingly, however, solar stocks still remained unloved, as evident from the Invesco Solar ETF that's down 20% year-to-date.

Other symbols:NOVARUN
1 month ago - Invezz

JPMorgan's Mark Strouse sees a bright future for solar stocks

Mark Strouse, JPMorgan senior analyst, joins 'The Exchange' to discuss solar energy stocks, which have done poorly this year. Still, he remains optimistic about secular growth and profitability for the ...

Other symbols:ENPHNOVARUNSEDG
1 month ago - CNBC Television

Array Technologies, Inc. Announces Pricing of Upsized Convertible Senior Notes Offering

ALBUQUERQUE, N.M., Nov. 30, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “Array”) today announced it has priced an upsized offering of $375 million aggregate princi...

1 month ago - GlobeNewsWire

Why Shares of Array Technologies Are Plunging Today

The prospect of shareholder dilution is a gray cloud looming on the horizon for this solar industry company.

1 month ago - The Motley Fool

Array Technologies To Offer $325M Of Convertible Senior Notes

Array Technologies Inc (NASDAQ: ARRY) intends to offer $325 million of senior convertible notes due 2028 in a private placement. Array also intends to grant the initial purchasers an option to purchase ...

1 month ago - Benzinga

Array Technologies, Inc. Announces Proposed Private Offering of $325 Million of Convertible Senior Notes

ALBUQUERQUE, N.M., Nov. 29, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “Array”) today announced that, subject to market conditions, it intends to offer $325 milli...

1 month ago - GlobeNewsWire

Array Technologies Announces Planned CEO Retirement

ALBUQUERQUE, N.M., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (Nasdaq: ARRY) (“Array”), one of the world's largest providers of utility-scale solar tracking technology, today announced t...

1 month ago - GlobeNewsWire

Tired of Rivian and Lucid? 3 Better Growth Stocks to Buy Now

Electric vehicle stocks are hot, but these industrial companies could be better buys now.

Other symbols:MPTRMB
2 months ago - The Motley Fool

Array Technologies up 20% despite weak results: what's fuelling the stock?

Shares of Array Technologies Inc (NASDAQ: ARRY) are up about 20% on Friday, which is surprising since the company missed Wall Street estimates for Q3 just last night.   All wasn't bad though Today's pri...

2 months ago - Invezz

Why Array Technologies Shares Are Rising

Array Technologies Inc (NASDAQ: ARRY) shares are trading higher after the company announced it will acquire STI Norland. The company also reported third-quarter results.

2 months ago - Benzinga

Why Shares of Array Technologies Are Soaring Today

Missing revenue and earnings estimates couldn't cloud investors' spirits.

2 months ago - The Motley Fool

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

Third Quarter 2021 Financial Highlights

2 months ago - GlobeNewsWire

Array Technologies to Acquire STI Norland

Establishes Array as global leader in solar trackers

2 months ago - GlobeNewsWire

Should You Buy Array Technologies (ARRY) Ahead of Earnings?

Array Technologies (ARRY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

Why Array Technologies Shares Rose Today

Array Technologies Inc (NASDAQ: ARRY) shares traded higher Friday despite a lack of company-specific news from the session. The stock gained earlier in the week in sympathy with Enphase Energy Inc (NASD...

2 months ago - Benzinga

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

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

2 months ago - GlobeNewsWire

This Trend Will Dominate the Stock Market for the Next 10 Years

Patient investors should reap rich rewards from investing in sustainability by way of the renewable energy and electric vehicle industries.

3 months ago - The Motley Fool

(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...

4 months 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
4 months 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
4 months 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.

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4 months 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.

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4 months ago - The Motley Fool