Deutsche Bank initiated coverage on Array Tech with a new price target
$ARRY
Miscellaneous manufacturing industries
Consumer Discretionary
Deutsche Bank initiated coverage of Array Tech with a rating of Buy and set a new price target of $11.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/2/2025 | $9.00 | Overweight → Equal Weight | Barclays |
| 9/30/2025 | $11.00 | Outperform | Robert W. Baird |
| 9/30/2025 | $11.00 | Buy | Deutsche Bank |
| 9/12/2025 | $7.00 | Neutral → Underperform | BofA Securities |
| 3/17/2025 | $7.00 | Sector Perform | RBC Capital Mkts |
| 3/7/2025 | $10.00 | Neutral → Buy | Guggenheim |
| 2/28/2025 | Buy → Neutral | Seaport Research Partners | |
| 2/28/2025 | $10.00 → $7.00 | Hold | TD Cowen |
8-K - Array Technologies, Inc. (0001820721) (Filer)
SCHEDULE 13G - Array Technologies, Inc. (0001820721) (Subject)
SCHEDULE 13G/A - Array Technologies, Inc. (0001820721) (Subject)
ALBUQUERQUE, N.M., Oct. 16, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the "Company" or "ARRAY") (NASDAQ:ARRY), a leading global provider of solar tracking technology and fixed-tilt system products, software, services and foundation solutions, today announced that the Company will release its third quarter 2025 results after the market closes on Wednesday, November 5, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time) that same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international), or via webcast of the live conference call by logging onto the Investor Relations section of the Company'
ALBUQUERQUE, N.M., Sept. 03, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading global provider of solar tracking technology products, software, services and foundation solutions, announced today that its DuraTrack® and OmniTrack™ systems have been verified by Intertek to be compatible with 2000-volt (2kV) module-wired systems. This milestone reinforces ARRAY's commitment to delivering forward looking solutions that drive efficiency and cost savings for the solar industry. "With this verification, ARRAY proves again that we are at the forefront of solar innovation," said Aaron Gabelnick, chief strategy and technology officer at ARRAY Technologi
ALBUQUERQUE, N.M., Aug. 14, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading global provider of solar tracking technology products, software, and services for utility-scale solar energy projects, today announced the successful completion of its acquisition of APA Solar ("APA"), a premier solar racking and structural solutions provider. This strategic acquisition strengthens ARRAY's position as a global leader in renewable energy infrastructure and expands its product portfolio to better serve the evolving needs of the solar industry and our customers. "This is a pivotal moment for ARRAY," said Kevin G. Hostetler, chief executive officer at AR
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
Barclays downgraded Array Tech from Overweight to Equal Weight and set a new price target of $9.00
Robert W. Baird initiated coverage of Array Tech with a rating of Outperform and set a new price target of $11.00
Deutsche Bank initiated coverage of Array Tech with a rating of Buy and set a new price target of $11.00
4 - Array Technologies, Inc. (0001820721) (Issuer)
4 - Array Technologies, Inc. (0001820721) (Issuer)
ALBUQUERQUE, N.M., Aug. 14, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading global provider of solar tracking technology products, software, and services for utility-scale solar energy projects, today announced the successful completion of its acquisition of APA Solar ("APA"), a premier solar racking and structural solutions provider. This strategic acquisition strengthens ARRAY's position as a global leader in renewable energy infrastructure and expands its product portfolio to better serve the evolving needs of the solar industry and our customers. "This is a pivotal moment for ARRAY," said Kevin G. Hostetler, chief executive officer at AR
ALBUQUERQUE, N.M., April 14, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, announced the appointment of Nick Strevel as senior vice president of product management and technical sales, effective today. In this dual leadership role, Strevel will be responsible for driving ARRAY's global product strategy and building a high-performing technical sales function that strengthens ARRAY's relationships with customers and partners worldwide. "Nick brings a rare blend of technical depth, commercial acumen, and international experience that will accelerate ARRAY's i
ALBUQUERQUE, N.M., Jan. 27, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) ("ARRAY" or the "Company"), a leading provider of tracker solutions and services for utility-scale solar energy projects, today announced the appointment of Gina Gunning as its new chief legal officer and corporate secretary, effective immediately. Gunning will report directly to ARRAY's chief executive officer, Kevin G. Hostetler, and will relocate to Chandler, Arizona. Gunning joins ARRAY with more than 25 years of legal and compliance experience across global organizations. She is a recognized leader in corporate law, governance, compliance, and risk management, with expertise in structuring complex
SC 13G/A - Array Technologies, Inc. (0001820721) (Subject)
SC 13G - Array Technologies, Inc. (0001820721) (Subject)
SC 13G - Array Technologies, Inc. (0001820721) (Subject)
ALBUQUERQUE, N.M., Oct. 16, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the "Company" or "ARRAY") (NASDAQ:ARRY), a leading global provider of solar tracking technology and fixed-tilt system products, software, services and foundation solutions, today announced that the Company will release its third quarter 2025 results after the market closes on Wednesday, November 5, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time) that same day. The conference call can be accessed live over the phone by dialing (877)-869-3847 (domestic) or (201)-689-8261 (international), or via webcast of the live conference call by logging onto the Investor Relations section of the Company'
2025 Second Quarter Highlights Revenue of $362.2 millionGross Margin of 26.8%Adjusted gross margin(1) of 27.8%Net income to common shareholders of $28.5 millionAdjusted EBITDA(1) of $63.6 millionNet income per basic and diluted share of $0.19Adjusted net income per diluted share(1) of $0.25Total executed contracts and awarded orders at June 30, 2025 were over $1.8 billion Inclusive of strategic descoping and reconfiguring of low-margin projects associated with legacy fixed-price volume commitment agreement (VCA)Gross book-to-bill approximately 1x Signed definitive purchase agreement to acquire APA Solar, expected to close in the coming weeks(2)Issued $345 million of new convertible
ALBUQUERQUE, N.M., July 17, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the "Company" or "ARRAY") (NASDAQ:ARRY), a global leader in utility-scale solar tracking, today announced that the Company will release its second quarter 2025 results after the market closes on Thursday, August 7, 2025, to be followed by a conference call at 5:00 p.m. (Eastern Time) that same day. The conference call can be accessed live over the phone by dialing (866)-682-6100 (domestic) or (862)-298-0702 (international), or via webcast of the live conference call by logging onto the Investor Relations section of the Company's website at http://ir.arraytechinc.com. A telephonic replay will be available appr