Array Technologies, Inc. (ARRY)
NASDAQInformation TechnologySolarSnapshot 2026-10-29
$3.560.00%
Close 2026-10-29 · 1-day change
NASDAQInformation TechnologySolarSnapshot 2026-10-29
Research Workspace
Put ARRY beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Information Technology is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is slowing — up about 1% over the past year and decelerating.
View GrowthMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 3% on a typical day and fell roughly 74% in its worst 12-month stretch.
View RiskARRY’s case rests on growing solar-tracker revenue, with Q2 revenue up 37% year over year. That growth must support the company’s 2026 revenue objective of $1.4 billion to $1.5 billion. Q2 FY2026 non-GAAP earnings beat consensus, though earnings quality is mixed. ARRY trades at 6.6 times P/E versus a 34-times peer median. The price reflects less growth than our forecast, despite that wide peer valuation gap. Cash-flow concerns threaten the revenue objective, and our model puts next-quarter miss probability near 27%. Peer multiples imply a price about 70% above where it trades. This read is provisional.
Trailing returns as of 2026-10-29. ARRY is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 25 analysts currently covering ARRY (as of Oct 2026).
Based on 13 Wall Street analysts offering 12-month price targets for ARRY in the last 4 months.
Continue this research
Compare ARRY with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| ARRY Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 9 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Information Technology (broad) — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put ARRY next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Achieve $1.4B to $1.5B revenue in 2026
Downgrade raises concerns about cash flow impacting revenue growth.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $3.56
The last 12 months of price, then the range of analyst 12-month targets from today’s $3.56.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Analyst price target increase indicates confidence.