ARRYARRYTechnology · Solar

ARRY Stock Forecast: Array Technologies, Inc. Price Predictions for 2026-2027

Last close, 29 Oct 2026
$3.56
0.00% on the day

The 24 Wall Street analysts covering Array Technologies, Inc. hold a median 12-month price target of $6.5 — +82.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 58 of 100 as at 28 Oct 2026 — in the upper half.

Market cap
$522.1M
Ticker Nerd rank
58/ 100
Median analyst target
$6.50
Analysts covering
24
Revenue$342.1M−5.6% y/y
Operating income$37.2M
Net income$24.3M
Free cash flow$113.6M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+7.9%
1M
−10.8%
YTD
−61.4%
1Y
−60.1%
From 52W high
−70.2%
From 52W low
+13.0%
$3
$12
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ARRY stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Array Technologies, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 28 Oct 2026
58/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Value
92
Accruals
81
Volatility
60
Revisions
58
Quality
58
Growth
53
Size
52
Issuance
35
Momentum
12

Value (92): The shares cost little relative to the profits and assets behind them — which can mean the market is too gloomy, or that the business really is in trouble.

Momentum (12): The shares have been drifting down relative to others.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

ARRY stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ARRY, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$2$4$6$8$10$12$14Jan 26Apr 26Jul 26Oct 26ARRYHigh $13.00Median $6.50Low $4.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says24 analysts
11 Buy13 Hold0 Sell
Low $4.00Median $6.50High $13.00

The green dot is the last close — the median target sits +82.6% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 0 moved their price target up and 10 moved it down.

DateFirmActionRatingTarget
21 Oct 2026BMO CapitalMaintainsMarket Perform$7.00 → $6.00
19 Oct 2026JP MorganMaintainsNeutral$8.00 → $7.00
15 Oct 2026MizuhoUpgradeOutperform$7.00 → $5.00
14 Oct 2026Morgan StanleyMaintainsEqual-Weight$8.00 → $6.00
14 Oct 2026SusquehannaMaintainsNeutral$6.75 → $4.00
13 Oct 2026BarclaysMaintainsEqual-Weight$8.00 → $4.00
13 Oct 2026BarclaysMaintainsEqual-Weight—
30 Sept 2026Piper SandlerMaintainsNeutral$5.00 → $4.00
30 Sept 2026Piper SandlerMaintainsNeutral—
29 Sept 2026JefferiesReinstatesBuy$7.00
18 Sept 2026UBSDowngradeNeutral$10 → $5.00
18 Sept 2026UBSDowngradeNeutral—
9 Sept 2026Piper SandlerInitiatesNeutral—
9 Sept 2026Piper SandlerInitiatesNeutral$5.00
6 Aug 2026SusquehannaMaintainsNeutral—
6 Aug 2026SusquehannaMaintainsNeutral$7.25 → $6.75
6 Aug 2026UBSMaintainsBuy—
6 Aug 2026UBSMaintainsBuy$11 → $10
21 July 2026JP MorganDowngradeNeutral—
21 July 2026JP MorganDowngradeNeutral$8.00

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

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ARRY and 52 other companies make up Data centre power.

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Performance

ARRY vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 29 Oct 2026, Array Technologies, Inc. returned −60.1% against +13.6% for the S&P 500, dividends included.

ARRY vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120140Jan 26Apr 26Jul 26Oct 26ARRYS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ARRY analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+3.0%
Analysts raising
0
Analysts cutting
1
Fundamentals

Array Technologies, Inc. (ARRY) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
61.9×

Cheaper than 11% of US stocks

Price / sales
0.4×

Cheaper than 83% of US stocks

Price / book
1.8×

Cheaper than 48% of US stocks

EV / EBITDA
12.3×

Cheaper than 30% of US stocks

Growth & margins
Revenue growth (YoY)
−5.6%

Higher than 19% of US stocks

Earnings growth (YoY)
−43.7%

Higher than 12% of US stocks

Gross margin
29.1%

Higher than 33% of US stocks

Operating margin
10.9%

Higher than 65% of US stocks

Net margin
−7.2%

Higher than 22% of US stocks

Returns & dividend
Return on equity
−26.0%

Higher than 29% of US stocks

Return on assets
3.3%

Higher than 67% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Array Technologies, Inc. (ARRY) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Array Technologies, Inc. has a market value of $522.1M and an enterprise value of $1.5B.

  • Revenue in the twelve months to 30 June 2026: $1.2B. The latest quarter shrank 5.6% year on year.

  • Net income over the same four quarters: −$85.9M, a −7.2% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.98.

  • Free cash flow in the twelve months to 30 June 2026: $134.7M.

  • Shares outstanding: 154.0M.

  • Trailing P/E: 61.9×; forward P/E: 3.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Array Technologies, Inc. employs 1,200 people — $988K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 28 Oct 2026

Data provided by Twelve Data

Peers

ARRY vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSolar
CompanyMarket capTKN rank
ARRYArray Technologies, Inc.$522.1M58
CSIQCanadian Solar, Inc.$650.4M19
SHLSShoals Technologies Group, Inc.$1.3B59
RUNSunrun, Inc.$1.8B29
SEDGSolarEdge Technologies, Inc.$1.8B57
TOYOTOYO Co. Ltd.$163.2M79
ENPHEnphase Energy, Inc.$3.3B37

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Array Technologies, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ARRY news & analysis

Array Technologies: The Cash Flow Problem Behind Its $2.5 Billion Orderbook

Seeking Alpha · 21 Oct 2026negative

The analysis says Array Technologies' $2.5 billion order book, improved domestic margins, and product expansion support its investment case, but weak cash conversion and preferred equity remain significant concerns. It argues that converting orders into cash flow and reducing senior financial claims are central to the thesis.

Why it matters — ARRY watchers are weighing whether the company can turn its substantial backlog into cash while addressing claims that rank ahead of common equity.

Array Technologies, Inc. (ARRY) Suffers a Larger Drop Than the General Market: Key Insights

Zacks Investment Research · 14 Oct 2026negative

Array Technologies (ARRY) closed the recent trading session at $3.38, down 5.32% from the prior day's close. The headline says the decline was larger than the general market's.

Why it matters — The session's reported decline and underperformance relative to the broader market are relevant to investors tracking ARRY's trading activity.

FAQ

Frequently asked questions about ARRY stock

What is the ARRY stock price forecast for 2026-2027?

The 24 Wall Street analysts covering Array Technologies, Inc. have a median 12-month price target of $6.5, with estimates ranging from $4 to $13. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ARRY stock a buy right now?

Of the 24 analysts covering Array Technologies, Inc., 11 rate it a Buy, 13 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Array Technologies, Inc. 58 out of 100 across roughly 4,600 US stocks as at 28 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ARRY?

As at 28 Oct 2026, Array Technologies, Inc. ranks 58 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Value (92 of 100).

Will ARRY stock go up?

No one can know that. What the data says: the median 12-month target from 24 analysts implies +82.6% from the last close, and Ticker Nerd's factor model ranks Array Technologies, Inc. 58 out of 100 as at 28 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ARRY stock forecast for 2030?

No analyst covering Array Technologies, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ARRY are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $4 to $13 over the next 12 months.

How has ARRY stock performed over the past year?

Array Technologies, Inc. returned -60.1% over the 12 months to 29 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Array Technologies, Inc. do?

Array Technologies, Inc. is a solar technology company that manufactures and sells solar tracking systems used in utility-scale and distributed generation projects.

What is the latest news on ARRY?

The most recent item we track (Zacks Investment Research, 29 Oct 2026): "Array Technologies, Inc. (ARRY) Expected to Beat Earnings Estimates: Can the Stock Move Higher?". Zacks Investment Research says Array Technologies has two key factors associated with a likely earnings beat in its upcoming report and outlines key expectations.

Company

About Array Technologies, Inc.

Array Technologies, Inc. is a solar technology company that manufactures and sells solar tracking systems used in utility-scale and distributed generation projects. Its products help photovoltaic panels follow the sun throughout the day, supporting higher energy output and more efficient land use for solar sites. The company’s portfolio includes single-axis and dual-row tracker systems, control software, and related energy infrastructure solutions designed for solar developers, independent power producers, utilities, and engineering and construction firms. Array Technologies operates through its Array Legacy Operations and STI Operations segments, serving customers across North America, Europe, South America, Australia, and other international markets. Headquartered in Albuquerque, New Mexico, Array Technologies focuses on hardware, software, and field services that support the planning, installation, and operation of solar power projects.

CEO Mr. Kevin G. Hostetler · 1,200 employees · United States · https://arraytechinc.com