Array Technologies (ARRY)

• Market cap: $1.18B
• 1 day: -1.28%
• 5 days: 2.93%
• 1 month: -8.31%
• 3 months: 2.39%
• 6 months: 25.94%
• Year to date: 14.54%
• 1 year: 13.03%
• 5 years: -78.82%
• 10 years: -78.82%
• Sector: Technology
• Industry: Solar

About: Array Technologies Inc manufacturer of ground-mounting systems used in solar energy projects. The company's segments include: the Array legacy operating segment (Array Legacy Operations) and the STI Operations operating segment (STI Operations). It derives maximum revenue from the Array legacy operating segment. Its product is an integrated system of steel supports, electric motors, gearboxes and electronic controllers referred to as a single-axis tracker that move solar panels throughout the day to maintain an optimal orientation to the sun, which increases their energy production. Geographically, the company's operations are in the United States, Australia, Spain, Brazil and Rest of the World with the United States deriving the majority of the revenue.

Employees: 1,021

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

1,586% more call options, than puts

Call options by funds: $145M | Put options by funds: $8.59M

55% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 38

32% more capital invested

Capital invested by funds: $813M [Q1] → $1.07B (+$258M) [Q2]

25% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 5 (+1) [Q2]

9.25% more ownership

Funds ownership: 109.66% [Q1] → 118.91% (+9.25%) [Q2]

8% more funds holding

Funds holding: 238 [Q1] → 256 (+18) [Q2]

4% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 85

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $7
• Avg. target: $8.92
• High target: $13

6 analyst ratings

• positive: 2 33%
• neutral: 3 50%
• negative: 1 17%

B of A Securities Dimple Gosai	$7	Underperform Downgraded	12 Sep 2025
UBS Jon Windham	$9	Buy Maintained	11 Aug 2025
Susquehanna Biju Perincheril	$7.5	Neutral Maintained	21 Jul 2025
Mizuho Maheep Mandloi	$9	Neutral Reiterated	27 Jun 2025
JP Morgan Paul Coster	$13	Overweight Maintained	20 Jun 2025