Array Technologies, Inc. (ARRY)Technology | Solar | Albuquerque, United States | NasdaqGM
6.12 USD
-0.25
(-3.925%) ⇩
(July 13, 2026, 4 p.m.
EDT)
After hours: 6.14 +0.02 (0.327%) ⇧ (July 13, 2026, 7:58 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:53 a.m. EDT
The investment case for Array Technologies is currently fractured by a severe disconnect between its operational narrative and its financial reality. While the company boasts a record orderbook and an earnings beat, these bright spots are being overshadowed by a brutal multi-year price trajectory where the stock has lost over half its value since 2021. Fundamentally, the business is struggling with negative earnings, shrinking revenue, and a deteriorating return on equity, which suggests the recent rally may be a temporary relief spike rather than a sustainable turnaround. The lack of any dividend support leaves investors entirely exposed to capital appreciation risks in a sector facing headwinds. On the trading front, the options market is screaming caution; the heavy concentration of put open interest at lower strikes signals that smart money is hedging against further downside, while the statistical models offer no directional clarity. Until the balance sheet stabilizes and revenue growth turns consistently positive, this remains a high-risk speculative play rather than a core holding. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.077104 |
| MSTL_97 | 0.078762 |
| MSTL_74_97 | 0.080534 |
| AutoARIMA | 0.086909 |
| AutoETS | 0.086912 |
| MSTL_74 | 0.089901 |
| AutoTheta | 0.091789 |
Forecast horizon: 60 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 34% |
| H-stat | 2.37 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.467 |
| Excess Kurtosis | -0.17 |
| Attribute | Value |
|---|---|
| Sector | Technology |
| Debt to Equity Ratio | 284.902 |
| Revenue per Share | 7.89 |
| Market Cap | 941,417,472 |
| Forward P/E | 6.69 |
| Beta | 1.81 |
| Profit Margins | -5.56% |
| Website | https://arraytechinc.com |
As of July 11, 2026, 5:53 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 3.0, 5.0, 6.0) expiring late in 2026 and early 2027. Call activity is concentrated in strikes significantly above the current price (10.0, 15.0), suggesting speculative bets on a recovery, but the sheer volume of put writing indicates a dominant fear of further decline. Implied volatility is elevated across the board, reflecting uncertainty rather than a clear directional bias.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.14035088 |
| Address1 | 3,901 Midway Place NE |
| All Time High | 54.78 |
| All Time Low | 3.76 |
| Ask | 7.87 |
| Ask Size | 2 |
| Audit Risk | 4 |
| Average Analyst Rating | 2.0 - Buy |
| Average Daily Volume10 Day | 6,486,400 |
| Average Daily Volume3 Month | 5,963,003 |
| Average Volume | 5,963,003 |
| Average Volume10Days | 6,486,400 |
| Beta | 1.805 |
| Bid | 4.51 |
| Bid Size | 2 |
| Board Risk | 6 |
| Book Value | -1.394 |
| City | Albuquerque |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 4 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.12 |
| Current Ratio | 2.253 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 6.32 |
| Day Low | 6.07 |
| Debt To Equity | 284.902 |
| Display Name | Array |
| Earnings Call Timestamp End | 1,785,963,600 |
| Earnings Call Timestamp Start | 1,785,963,600 |
| Earnings Quarterly Growth | -0.881 |
| Earnings Timestamp | 1,785,960,000 |
| Earnings Timestamp End | 1,785,960,000 |
| Earnings Timestamp Start | 1,785,960,000 |
| Ebitda | 124,834,000 |
| Ebitda Margins | 0.10358 |
| Enterprise To Ebitda | 15.911 |
| Enterprise To Revenue | 1.648 |
| Enterprise Value | 1,986,186,496 |
| Eps Current Year | 0.73218 |
| Eps Forward | 0.91472 |
| Eps Trailing Twelve Months | -0.84 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 7.9546 |
| Fifty Day Average Change | -1.8346 |
| Fifty Day Average Change Percent | -0.23063385 |
| Fifty Two Week Change Percent | -14.035088 |
| Fifty Two Week High | 12.23 |
| Fifty Two Week High Change | -6.1099997 |
| Fifty Two Week High Change Percent | -0.49959117 |
| Fifty Two Week Low | 5.39 |
| Fifty Two Week Low Change | 0.73 |
| Fifty Two Week Low Change Percent | 0.135436 |
| Fifty Two Week Range | 5.39 - 12.23 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,602,768,600,000 |
| Float Shares | 139,880,479 |
| Forward Eps | 0.91472 |
| Forward P E | 6.690572 |
| Free Cashflow | 37,324,500 |
| Full Exchange Name | NasdaqGM |
| Full Time Employees | 1,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | 0.26108 |
| Gross Profits | 314,644,992 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00661 |
| Held Percent Institutions | 1.397 |
| Implied Shares Outstanding | 153,826,378 |
| Industry | Solar |
| Industry Disp | Solar |
| Industry Key | solar |
| Ipo Expected Date | 2,020-10-15 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | 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. |
| Long Name | Array Technologies, Inc. |
| Market | us_market |
| Market Cap | 941,417,472 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_51751457 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -127,875,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 979,874,027 |
| Number Of Analyst Opinions | 22 |
| Open | 6.27 |
| Operating Cashflow | 85,423,000 |
| Operating Margins | 0.02025 |
| Overall Risk | 6 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.82 |
| Phone | 505 881 7567 |
| Post Market Change | 0.01999998 |
| Post Market Change Percent | 0.32679707 |
| Post Market Price | 6.14 |
| Post Market Time | 1,783,987,124 |
| Previous Close | 6.37 |
| Price Eps Current Year | 8.358601 |
| Price Hint | 2 |
| Price To Book | -4.3902435 |
| Price To Sales Trailing12 Months | 0.78113616 |
| Profit Margins | -0.05558 |
| Quick Ratio | 1.685 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.0 |
| Region | US |
| Regular Market Change | -0.25 |
| Regular Market Change Percent | -3.92465 |
| Regular Market Day High | 6.32 |
| Regular Market Day Low | 6.07 |
| Regular Market Day Range | 6.07 - 6.32 |
| Regular Market Open | 6.27 |
| Regular Market Previous Close | 6.37 |
| Regular Market Price | 6.12 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 5,967,626 |
| Return On Assets | 0.03932 |
| Return On Equity | -0.22649 |
| Revenue Growth | -0.261 |
| Revenue Per Share | 7.89 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Technology |
| Sector Disp | Technology |
| Sector Key | technology |
| Share Holder Rights Risk | 7 |
| Shares Outstanding | 153,826,378 |
| Shares Percent Shares Out | 0.1898 |
| Shares Short | 29,195,316 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 29,787,888 |
| Short Name | Array Technologies, Inc. |
| Short Percent Of Float | 0.24139999 |
| Short Ratio | 4.53 |
| Source Interval | 15 |
| State | NM |
| Symbol | ARRY |
| Target High Price | 16.0 |
| Target Low Price | 7.25 |
| Target Mean Price | 10.18864 |
| Target Median Price | 10.0 |
| Total Cash | 200,702,000 |
| Total Cash Per Share | 1.305 |
| Total Debt | 763,206,016 |
| Total Revenue | 1,205,190,016 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.84 |
| Trailing Peg Ratio | 0.8241 |
| Triggerable | 1 |
| Two Hundred Day Average | 8.5139 |
| Two Hundred Day Average Change | -2.3939 |
| Two Hundred Day Average Change Percent | -0.2811755 |
| Type Disp | Equity |
| Volume | 5,967,626 |
| Website | https://arraytechinc.com |
| Zip | 87,109 |