Array Technologies Inc [NASDAQ: ARRY] surged by $0.09 during the normal trading session on Monday and reaching a high of $7.99 during the day while it closed the day at $7.88.
Array Technologies Inc stock has also gained 22.36% of its value over the past 7 days. However, ARRY stock has inclined by 77.88% in the 3 months of the year. Over the past six months meanwhile, it has gained 30.46% and lost -18.17% year-on date.
The market cap for ARRY stock reached $1.20 billion, with 152.51 million shares outstanding and 149.91 million shares in the current float. Compared to the average trading volume of 7.93M shares, ARRY reached a trading volume of 10606374 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Array Technologies Inc [ARRY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARRY shares is $8.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARRY stock is a recommendation set at 2.08. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
RBC Capital Mkts have made an estimate for Array Technologies Inc shares, keeping their opinion on the stock as Sector Perform, with their previous recommendation back on March 17, 2025. The new note on the price target was released on March 07, 2025, representing the official price target for Array Technologies Inc stock. Previously, the target price had yet another drop from $10 to $7, while TD Cowen kept a Hold rating on ARRY stock.
Price to Free Cash Flow for ARRY in the course of the last twelve months was 13.95 with Quick ratio for the last quarter at 1.93.
ARRY stock trade performance evaluation
Array Technologies Inc [ARRY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 22.36. With this latest performance, ARRY shares gained by 12.89% in over the last four-week period, additionally plugging by 30.46% over the last 6 months – not to mention a rise of 30.46% in the past year of trading.
Array Technologies Inc [ARRY]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Array Technologies Inc [ARRY] shares currently have an operating margin of 11.32% and a Gross Margin at 26.97%. Array Technologies Inc’s Net Margin is presently recorded at -26.52%.
Return on Equity for this stock declined to -14.78%, with Return on Assets sitting at -14.78%.
Earnings per share (EPS) analysis for Array Technologies Inc [ARRY] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ARRY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Array Technologies Inc go to 15.17%.
Array Technologies Inc [ARRY]: Institutional Ownership
There are presently around $115.26%, or 115.88% of ARRY stock, in the hands of institutional investors. The top three institutional holders of ARRY stocks are: BLACKROCK INC. with ownership of 15.25 million shares, which is approximately 10.0449%. VANGUARD GROUP INC, holding 13.98 million shares of the stock with an approximate value of $$143.49 million in ARRY stocks shares; and VANGUARD GROUP INC, currently with $$136.62 million in ARRY stock with ownership which is approximately 8.7718%.
