ARRY — Array Technologies, Inc.

Technology · Solar

About Array Technologies, Inc.

Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. It operates through two segments, Array Legacy Operations and STI Operations. The company's products portfolio includes DuraTrack HZ V3, a single axis tracker; Array STI H250, a dual-row tracker system; Array OmniTrack; Array SkyLink, a photovoltaic-powered control tracker system; and SmarTrack, a software and control-based product. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.

The renewables & solar complex

The renewables complex spans panel and equipment makers (First Solar, Enphase, SolarEdge, Nextracker, Array), a rooftop installer (Sunrun), and owners of operating wind and solar farms (Brookfield Renewable, and NextEra — which is also a huge Florida utility). These are very different businesses traded as one theme, and the theme is brutally sensitive to two things: interest rates, because projects and rooftop loans run on debt, and policy, because tax credits and tariffs can rewrite the economics overnight. Dispersion inside the group is enormous — a manufacturer with a fat US order book and an installer bleeding cash can sit side by side. Check margins, funding costs and policy exposure name by name before treating any move as a sector signal. Array Technologies is the number-two solar-tracker maker — cheaper and choppier than its bigger rival.

Key data · delayed ~15 min, as of 1 August 2026

TickerARRY
CompanyArray Technologies, Inc.
Price$5.22
Market cap$0.8B
Sector / industryTechnology / Solar
Analyst mean target$10 (21 analysts, buy)

Valuation read

What the price implies: the market is pricing in roughly ~-12%/yr earnings growth (discounted), on a reverse-DCF of forward earnings ($0.91). Run your own assumptions in the fair-value calculator.

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Market data is delayed ~15 minutes and provided for education, not as financial advice. "Hot" means attention, not direction.