Array Technologies Inc

Array Technologies Inc

Array Technologies (ARRY) designs, manufactures and sells ground‑mounted solar tracking systems that orient photovoltaic panels to follow the sun, increasing energy yield per installation. Its customers are primarily utility‑scale solar developers and operators; revenue stems from tracker sales, installation support and aftermarket parts and services. With a market capitalisation around $1.38bn, Array competes on reliability, cost and scale versus other racking and tracker suppliers. Future growth depends on global solar deployment, project financing and supportive policy, while margins can be affected by commodity prices, supply‑chain constraints and project timing. The business is cyclical and capital‑intensive, so earnings and cash flow can vary materially year to year. This summary is educational only and not personalised advice; values can rise or fall and returns are not guaranteed. Investors should consider their objectives, risk tolerance and time horizon and consult a professional if unsure about suitability.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Array Technologies' stock with a target price of $11.53, indicating growth potential.

Above Average

Financial Health

Array Technologies is showing strong revenue and cash flow, with healthy profit margins for growth.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Why You’ll Want to Watch This Stock

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Solar tracking growth

Trackers can meaningfully boost energy yield, making Array relevant as utility solar expands — though demand is cyclical and influenced by policy and financing.

Margins and costs

Profitability hinges on manufacturing scale and input costs; supply‑chain or commodity swings can squeeze margins, so financials may be volatile.

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Policy and markets

Global clean‑energy policies and project finance availability drive opportunity, but regional regulation and competition create execution risk.

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Daqo New Energy Corp is a holding company primarily engaged in the manufacturing of polysilicon. The Company utilizes the chemical vapor deposition process, or the modified Siemens process, to produce polysilicon. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Company offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling and solidification needs. The Company also offers wafers through its downstream photovoltaic product manufacturing business. The Company mainly conducts its businesses within domestic market.

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