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Upturn AI SWOT - About
ARRY 
Array Technologies Inc (ARRY)
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Upturn Advisory Summary
07/09/2025: ARRY (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
24 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $9.14
1 Year Target Price $9.14
| 10 | Strong Buy |
| 3 | Buy |
| 11 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -46.9% | Avg. Invested days 19 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/09/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.12B USD | Price to earnings Ratio - | 1Y Target Price 9.14 |
Price to earnings Ratio - | 1Y Target Price 9.14 | ||
Volume (30-day avg) 24 | Beta 1.78 | 52 Weeks Range 3.76 - 12.06 | Updated Date 07/9/2025 |
52 Weeks Range 3.76 - 12.06 | Updated Date 07/9/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.86 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -21.21% | Operating Margin (TTM) 8.97% |
Management Effectiveness
Return on Assets (TTM) 4.93% | Return on Equity (TTM) -49.11% |
Valuation
Trailing PE - | Forward PE 12.06 | Enterprise Value 1874788199 | Price to Sales(TTM) 1.05 |
Enterprise Value 1874788199 | Price to Sales(TTM) 1.05 | ||
Enterprise Value to Revenue 1.76 | Enterprise Value to EBITDA 9.74 | Shares Outstanding 152547008 | Shares Floating 137574546 |
Shares Outstanding 152547008 | Shares Floating 137574546 | ||
Percent Insiders 0.53 | Percent Institutions 115.26 |
Upturn AI SWOT
Array Technologies Inc
Company Overview
History and Background
Array Technologies, Inc. was founded in 1989. It initially focused on manufacturing racking solutions for various industries before shifting its focus entirely to solar energy solutions in the early 2000s. Array went public in October 2020.
Core Business Areas
- Solar Tracking Solutions: Array Technologies designs, manufactures, and supplies solar tracking systems, which allow solar panels to follow the sun's movement throughout the day, maximizing energy production.
Leadership and Structure
Kevin Hostetler is the CEO. The company operates with a functional organizational structure, with departments like Engineering, Manufacturing, Sales, and Finance.
Top Products and Market Share
Key Offerings
- DuraTrack HZ v3: DuraTrack HZ v3 is Array Technologies' flagship product. It is a single-axis tracker designed for utility-scale solar projects. They reported leading market share position in the US tracking market. Competitors include Nextracker, PV Hardware, and Arctech Solar.
Market Dynamics
Industry Overview
The solar energy industry is experiencing rapid growth, driven by increasing demand for renewable energy sources and declining costs of solar technology.
Positioning
Array Technologies is a leading provider of solar tracking solutions, holding a significant market share, particularly in the utility-scale segment. Their focus on reliability and performance provides them with a competitive advantage.
Total Addressable Market (TAM)
The global solar tracker market is expected to reach tens of billions of dollars by 2030. Array Technologies is well-positioned to capture a significant portion of this TAM, especially in utility-scale projects.
Upturn SWOT Analysis
Strengths
- Strong market position in the US
- Proven track record of product reliability
- Established relationships with major solar developers
- Focus on innovation and product development
Weaknesses
- Reliance on the solar energy market (cyclical)
- Exposure to raw material price fluctuations
- High debt levels
- Supply Chain issues
Opportunities
- Expanding into international markets
- Developing new tracking solutions for different applications (e.g., bifacial panels)
- Benefiting from government incentives for renewable energy
- Technological Advancement (Improved Tracking Precision, Monitoring Systems)
Threats
- Increased competition from lower-cost providers
- Changes in government policies affecting solar energy
- Economic downturn impacting project financing
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- NXT
- PVH
- ASHSY
Competitive Landscape
Array Technologies competes primarily on product performance, reliability, and customer service. The company's established relationships with major solar developers provide a competitive advantage.
Growth Trajectory and Initiatives
Historical Growth: Array Technologies has experienced significant growth in revenue over the past few years, driven by the increasing demand for solar energy.
Future Projections: Analysts project continued revenue growth for Array Technologies, driven by the expansion of the solar energy market and the company's strong market position.
Recent Initiatives: Recent strategic initiatives include expanding manufacturing capacity, investing in research and development, and pursuing international expansion.
Summary
Array Technologies is a key player in the solar tracking market, with a strong position in the US. While the company faces challenges related to competition and cyclical market conditions, its focus on innovation and international expansion presents opportunities for future growth. High debt remains an area of concern, while increased focus on operations would benefit the company. Growth in solar energy should continue to drive demand.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Analyst Reports
- Industry Publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data and analyst estimates are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Array Technologies Inc
Exchange NASDAQ | Headquaters Albuquerque, NM, United States | ||
IPO Launch date 2020-10-15 | CEO & Director Mr. Kevin G. Hostetler | ||
Sector Technology | Industry Solar | Full time employees 1021 | Website https://arraytechinc.com |
Full time employees 1021 | Website https://arraytechinc.com | ||
Array Technologies, Inc. manufactures and sells solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally. The company operates through two segments, Array Legacy Operations and STI Operations. Its 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.
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