About Array Technologies, Inc. - Common Stock (ARRY)
Array Technologies Inc is a leading provider of solar tracking solutions, specializing in the design and manufacture of advanced solar tracking systems that optimize energy generation from solar panels. The company's innovative technology is aimed at enhancing the efficiency of solar power installations, helping to maximize output while minimizing land use and costs. Array Technologies focuses on developing sustainable energy solutions to support the growing demand for renewable energy, facilitating the deployment of solar farms worldwide. By leveraging cutting-edge engineering and manufacturing practices, the company plays a crucial role in advancing the solar energy industry and enabling a cleaner, more sustainable future. Read More
A number of stocks fell in the afternoon session after the broader U.S. stock market declined amid investor caution and a pullback in technology stocks.
Array's third quarter saw significant revenue and profit growth, with management attributing these results to strong volume expansion, the initial contribution from the APA acquisition, and increasing adoption of its latest solar tracker products. CEO Kevin Hostetler emphasized that a 56% increase in shipment volume and the growing share of new offerings such as OmniTrack, Skylink, and Hail XP were key contributors. Hostetler stated, “These three recently launched products already account for nearly 40% of our order book,” highlighting customer demand for solutions that lower project costs and help manage severe weather risks. Operational improvements and flexibility in managing tariffs through supply chain adjustments also played a role, as noted by COO Neil Manning.
Stocks trading in the $1-10 range are generally smaller players with less risk than their penny stock counterparts.
But that doesn’t mean the underlying businesses are cheap, and we advise caution as many have questionable fundamentals.
Shares of solar tracking systems manufacturer Array (NASDAQ:ARRY)
jumped 1.1% in the afternoon session after the stock's positive momentum continued as the company reported strong third-quarter results that surpassed expectations and prompted positive reactions from analysts. The company's revenue surged 70% year-over-year to $393.49 million, significantly higher than the anticipated $305.93 million. This performance led to a net income of $18.35 million, a notable turnaround from the $155.4 million loss recorded in the same quarter of the previous year. Earnings per share came in at $0.30, easily beating the forecasted $0.19.
Following the strong report, several financial firms viewed the company more favorably. UBS, JPMorgan, and Citi raised their price targets on the stock to $15, $15, and $12.50, respectively. Additionally, Seaport Global Securities upgraded its rating from Neutral to Buy. One analyst noted that Array was well-positioned to benefit from the growing demand for solar energy needed to power AI data centers and large tech companies.
Shares of solar tracking systems manufacturer Array (NASDAQ:ARRY)
jumped 10.7% in the afternoon session after the stock's positive momentum continued as the company posted strong third-quarter financial results that beat expectations and received an analyst upgrade from Seaport Global. The solar tracker company's revenue surged 70% year-over-year to $393.49 million. Array also reported a net income of $18.35 million, a significant turnaround from a loss in the corresponding period of the previous year. Earnings per share (EPS) for the quarter came in at $0.30, which exceeded the forecast of $0.19 and was up from $0.17 in the prior year. Bolstering investor confidence, Seaport Global upgraded Array's stock from "Neutral" to "Buy" and announced a price target of $12.00.
Solar tracking systems manufacturer Array (NASDAQ:ARRY) reported Q3 CY2025 results exceeding the market’s revenue expectations, with sales up 70% year on year to $393.5 million. The company’s full-year revenue guidance of $1.27 billion at the midpoint came in 4.5% above analysts’ estimates. Its non-GAAP profit of $0.30 per share was 48.9% above analysts’ consensus estimates.
Solar tracking systems manufacturer Array (NASDAQ:ARRY) beat Wall Street’s revenue expectations in Q3 CY2025, with sales up 70% year on year to $393.5 million. The company’s full-year revenue guidance of $1.27 billion at the midpoint came in 4.5% above analysts’ estimates. Its non-GAAP profit of $0.30 per share was 48.9% above analysts’ consensus estimates.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns.
Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
ALBUQUERQUE, N.M., Oct. 16, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (NASDAQ: ARRY), a leading global provider of solar tracking technology and fixed-tilt system products, software, services and foundation solutions, today announced that the Company will release its third quarter 2025 results after the market closes on Wednesday, November 5, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time) that same day.
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
Shares of solar tracking systems manufacturer Array (NASDAQ:ARRY)
fell 4.3% in the afternoon session after Barclays downgraded the stock to Equal-Weight from Overweight, citing concerns over slowing growth and pressure on margins.
Shares of solar tracking systems manufacturer Array (NASDAQ:ARRY)
jumped 10.3% in the afternoon session after the stock's positive momentum continued as analysts at both Baird and Deutsche Bank initiated coverage on the stock with favorable ratings. Baird assigned an "Outperform" rating, while Deutsche Bank started its coverage with a "Buy" rating, with both firms setting a price target of $11. In its analysis, Baird noted that the solar tracker maker stands to benefit from U.S. policy clarity and rising utility-scale solar demand. Deutsche Bank referred to Array Technologies as a "turnaround story," citing the management's focus on high-quality customers and a growing backlog of orders. The positive analyst sentiment coincided with a broader rally in the clean energy sector, supported by favorable developments such as changes in the EU's electricity market to better integrate solar energy.
Shares of solar tracking systems manufacturer Array (NASDAQ:ARRY)
jumped in the pre market session after analysts at both Deutsche Bank and Baird initiated coverage on the stock with favorable ratings.
