Array Technologies, Inc. (ARRY) stock closed down 0.9%, but upcoming earnings and analyst optimism suggest growth

From Nasdaq: 2025-04-04 18:15:00

Array Technologies, Inc. (ARRY) closed at $4.39, down 0.9% from the previous day, outperforming the S&P 500, Dow, and Nasdaq losses. In the past month, ARRY dropped 16.26%, contrasting with sector and S&P losses.

ARRY’s upcoming earnings report forecasts an EPS of $0.08 and revenue of $262.86 million, showing significant growth. Analysts’ optimistic revisions suggest positive momentum, reflecting a Zacks Rank of #3 (Hold).

With a Forward P/E ratio of 7.19 and PEG ratio of 0.91, ARRY is undervalued compared to its industry. The Solar industry, part of the Oils-Energy sector, ranks in the top 31% of industries, indicating strong performance ahead.

Zacks Rank identifies Array Technologies, Inc. as a potential stock to watch. Zacks experts highlight 7 top stocks, including ARRY, with a history of outperforming the market for investors to consider for potential gains.

Investors can access Zacks Investment Research for the latest stock recommendations and analysis. The top-rated Zacks Rank system provides insights into potential stock price movements based on analyst estimates and industry performance.



Read more at Nasdaq: Array Technologies, Inc. (ARRY) Stock Moves -0.9%: What You Should Know