ARRY

Array Technologies, Inc.

Fundamental data last updated:June 17, 2026

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company profile

SECTOR

Energy

industry

Solar

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

08/06/2026

Business Summary

Array Technologies, Inc. manufactures and supplies solar tracking systems and related products 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 headquartered in Albuquerque, New Mexico.

 


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VALUATION

P/E

-21.14

Market Cap ($M USD)

$1.42B

Forward P/E

11.43

PEG

0.04

PRICE TO SALES

1.18

PRICE TO BOOK

5.29

EV / EBITDA

71.52

5-Year Average P/E

Free Cash Flow Yield

4.09%

DCF Value

$-9.07

Graham Number

N/A

Price to FCF

24.44

EV to FCF

22.82

Earnings Yield

-4.73%

FCF Yield

4.09%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$0.44

Next Year EPS Growth Estimate

$0.81

Next Year Revenue Growth Estimate

$170.05B

Return on Equity (ROE)

-20.64%

FREE CASH FLOW

Operating Margin

4.33%

Debt-to-Equity

2.94

Piotroski F-Score

4

Altman Z-Score

1.44

Return on Invested Capital (ROIC)

4.81%

Current Ratio

2.25

Quick Ratio

1.82

Net Debt to EBITDA

-5.08

Interest Coverage

2.10

Gross Profit margin

22.30%

FCF PER SHARE

$0.38

REVENUE PER SHARE

$7.88

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Gainseekers Quantitative Analysis

Summary

Array Technologies, Inc. presents a perplexing valuation scenario. Despite a negative DCF Value, the Forward P/E suggests optimism for future earnings growth. However, the negative Earnings Yield and low Altman Z-score raise red flags about financial stability. The market seems to be pricing in a turnaround, yet the current metrics indicate caution. This stock appears to be a speculative play rather than a value haven.

AI Exposure / Tech Reliance

In the solar industry, Array Technologies is well-positioned to leverage AI for optimizing energy efficiency and grid management. Their focus on solar tracking systems aligns with tech advancements, offering resilience in a rapidly evolving sector. This adaptability could be a key differentiator in maintaining competitive edge.

The Bull Case

For the discerning GARP investor, Array Technologies offers intriguing potential. The ROIC of 4.81% and a Piotroski F-Score of 5 suggest decent capital efficiency and operational health. With a positive FCF Yield, the company demonstrates an ability to generate cash, hinting at underlying pricing power. These metrics could appeal to those betting on a strategic turnaround.

The Bear Case

Yet, the structural risks are glaring. A Price/Book ratio of 4.89 and Price/Sales of 1.09 indicate a potentially overvalued stock relative to its book and sales. The negative EPS and high EV to EBITDA ratio further underscore profitability concerns. With a Debt/Equity ratio nearing 3, financial leverage is a significant risk, making this a precarious investment.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$9.67

Institutional Ownership %

1-Year Beta

1.76

Insider Buying % (6 Mo)

Distance to 52-Week High

32.07%

Distance to 52-Week Low

41.79%

EARNINGS SURPRISE %

200.00%

50-DAY SMA

$7.79

200-DAY SMA

$8.60

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.