$7.79
Closed
-(-)

At close

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About

Array Technologies, Inc. manufactures ground-mounting systems used in solar energy projects. The company is headquartered in Albuquerque, New Mexico and currently employs 1,200 full-time employees. The company went IPO on 2020-10-15. Its segments include Array Legacy Operations and STI Legacy Operations. Its products are a portfolio of integrated solar tracking systems comprised of software and hardware that include component parts such as steel tubing, steel supports, drivelines, center structures, electric motors, motor controller assemblies, bearing assemblies, gearboxes and electronic controllers, referred to as a single-axis tracker. Its flagship tracker uses a patented design that allows one motor to drive multiple rows of solar panels. Its products and services include Tracker Systems; DuraTrack HZ v3; Array STI H250; Array OmniTrack, and SmarTrack Software. SmarTrack is a range of software and control-based products designed for utility-scale solar sites. The company is also a provider of solar racking and structural solutions.
Country

US

CEO

Mr. Kevin Hostetler

IPO date

2020

Employees

1,200

ISIN

US04271T1007

Key stats

Open

$8.05

Volume

6.08M

Market cap

$1.20B

Prev. close

$7.77

Impl / hst vl

-

Open interest

$0.00

$8.04

Day’s Range

$8.15

$6.51

52W Range

$12.23

Valuation

27
Valuation score
Overvalued
P/E
-
P/S
0.92
P/B
4.13
Current ratio
2.25
Debt / Equity
1.90
ROE
-20.64%
Gross margin
28.20%
Income growth
-91.60%
FCF growth
-202.12

Analysts estimates

Consensus rating
Hold

The average rating from top 12 analysts indicates that stock may significantly underperform the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$10.52
The top 26 analysts forecasts that 12-month price may increase by 34.98%, with a low of $8.08 and a high of $16.80
$8.08
Low
$10.52
Avg
$16.80
High
Current price

Earnings

Q1 ‘26 revenue
$223.41M
Q1 ‘26 net income
-$13.54M
Revenue
Net income
Previous EPS
-$0.01
Estimate EPS
-$0.05
Actual EPS
Estimate EPS
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