Array Technologies, Inc. (ARRY) expands reach in utility-scale solar with APA Solar acquisition.
From Yahoo Finance: 2025-06-21 16:02:00
Array Technologies, Inc. (NASDAQ:ARRY) is a top small company stock to invest in, with an Outperform rating and $13.00 price target from Oppenheimer. The company’s recent APA Solar acquisition expands its reach in utility-scale solar, positioning it for growth in colder regions.
The acquisition also adds fixed tilt solutions to Array Technologies, Inc. (NASDAQ:ARRY)’s offerings, making it a comprehensive provider of ground mount infrastructure solutions. The company anticipates $31 million in tax savings and synergies, enhancing its supply chain and sales operations.
Founded in 1987, Array Technologies, Inc. (NASDAQ:ARRY) specializes in solar tracking technology products. With core offerings like DuraTrack HZ v3 and Array STI H250, the company serves the solar energy sector with innovative solutions.
While Array Technologies Inc. (ARRY) shows promise, other AI stocks may offer more potential. For those seeking undervalued AI stocks poised to benefit from current trends, explore options beyond ARRY.
For more insights on investment opportunities, check out “The Best and Worst Dow Stocks for the Next 12 Months” and “10 Unstoppable Stocks That Could Double Your Money” for further analysis.
Read more: Array Technologies Backed by APA Solar Deal