Array Technologies (ARRY) stock fell 1.56% to $6.95, despite the market uptick. Analysts expect EPS of $0.21 and revenue of $290.31 million in Q4, with a fiscal year EPS of $0.66 and revenue of $1.11 billion. The Zacks Rank is #2 (Buy) with a Forward P/E ratio of 10.77, a discount compared to the industry average. The PEG ratio is 0.49, lower than the industry average of 0.6.
Array Technologies, Inc. (ARRY) stock experienced a decline of 1.56% to $6.95 on July 2, 2025, despite a broader market uptick. This move comes after the company reported a 6.63% loss over the past month, lagging behind the S&P 500's gain of 4.2% [1]. The stock fell short of the S&P 500's gain of 0.54% and the technology-dominated Nasdaq's increase of 0.74%.
Analysts expect the company to post an EPS of $0.21 and revenue of $290.31 million in Q4, with a fiscal year EPS of $0.66 and revenue of $1.11 billion [2]. The Zacks Rank for ARRY is #2 (Buy), indicating a positive outlook based on recent estimate changes [1]. The Forward P/E ratio of 10.77 is a discount compared to the industry average of 15.91, and the PEG ratio of 0.49 is lower than the industry average of 0.6 [1].
Array Technologies, Inc. is a provider of solar tracking solutions, operating in the United States, Spain, Brazil, Australia, and internationally. The company's products include DuraTrack HZ v3, Array STI H250, Array OmniTrack, Array SkyLink, and SmarTrack [3]. Despite the recent stock decline, the company's strong first quarter performance, with a 97% increase in revenue and a 143% increase in volume growth, suggests a robust business [2].
Investors should pay attention to the upcoming earnings report and any changes to analyst estimates, as these can significantly impact stock prices [1]. Additionally, the company's strong order book and cash position may provide a buffer against near-term policy-related headwinds [2].
References:
[1] https://www.nasdaq.com/articles/array-technologies-inc-arry-stock-drops-despite-market-gains-important-facts-note
[2] https://www.gurufocus.com/news/2990162/susquehanna-adjusts-price-projection-for-array-technologies-arry-arry-stock-news
[3] https://finance.yahoo.com/quote/ARRY/
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