Stock ARRY ARRAY TECHNOLOGIES, INC.
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Company Array Technologies, Inc.

Equities

ARRY

US04271T1007

Renewable Energy Equipment & Services

Market Closed - Nasdaq
Other stock markets
 21:00:00 29/04/2024 BST 		5-day change 1st Jan Change
12.53 USD +1.05% Intraday chart for Array Technologies, Inc. +7.19% -25.42%
04-26 Array Technologies, Inc. Announces A New $50+ Million Manufacturing Campus in Bernalillo County, New Mexico CI
04-11 Piper Sandler Adjusts Price Target on Array Technologies to $13 From $12, Maintains Neutral Rating MT

Business Summary

Array Technologies, Inc. is a provider of utility-scale solar tracker technology. The Company manufactures ground-mounting tracking systems used in utility and distributed generation solar energy projects worldwide. The Company’s segments include Array Legacy Operations and STI Legacy Operations. Its principal products are a portfolio of integrated solar tracking systems comprised of software and hardware that include, component parts, such as steel tubing, steel supports, drivelines, center structures, electric motors, motor controller assemblies, bearing assemblies, gearboxes and electronic controllers commonly referred to as a single-axis tracker. Its flagship tracker uses a patented design that allows one motor to drive multiple rows of solar panels. Its products and services include Tracker Systems; DuraTrack HZ v3; Array STI H250; Array OmniTrack, and SmarTrack Software. SmarTrack is its range of software and control-based products designed for utility-scale solar sites.

Number of employees: 1,028

Sales per Business

USD in Million2022Weight2023Weight Delta
Array Legacy
74.4 %
1,268 77.4 % 1,173 74.4 % -7.50%
STI
25.6 %
370 22.6 % 404 25.6 % +9.21%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
74.0 %
1,286 78.5 % 1,166 74.0 % -9.32%
Brazil
16.4 %
144 8.8 % 258 16.4 % +78.50%
Span
6.3 %
129 7.9 % 99 6.3 % -23.31%
Remainder
2.1 %
68 4.2 % 33 2.1 % -52.39%
Australia
1.3 %
9 0.6 % 21 1.3 % +121.04%

Managers

Managers TitleAgeSince
Kevin Hostetler CEO
 Chief Executive Officer 55 17/04/22
Kurt R. Wood DFI
 Director of Finance/CFO 49 11-12
Aaron Gabelnick CTO
 Chief Tech/Sci/R&D Officer - 06/08/23
Neil Manning COO
 Chief Operating Officer - 29/01/23
Jovan Kangrga CTO
 Chief Tech/Sci/R&D Officer - -
Travis Rose PRN
 Corporate Officer/Principal 50 31/03/17
Tyson Hottinger LAW
 General Counsel 43 31/12/10
Karen Rand SAM
 Sales & Marketing - 31/01/17
Margaret M. Madden
- -
Terrance Collins HRO
 Human Resources Officer 59 31/07/22

Members of the board

Members of the board TitleAgeSince
Douglas Giordano
61 -
Orlando Ashford BRD
 Director/Board Member 55 30/09/20
J. Forth CHM
 Chairman 59 30/06/16
Bilal Khan BRD
 Director/Board Member 43 15/08/21
Troy Matthew Alstead BRD
 Director/Board Member 60 -
Tracy Jokinen BRD
 Director/Board Member 55 07/11/22
Gerrard Schmid BRD
 Director/Board Member 55 01/08/21
Kevin Hostetler CEO
 Chief Executive Officer 55 17/04/22
Jay Iyengar BRD
 Director/Board Member 62 09/05/21
Paulo Jorge Tavares Almirante BRD
 Director/Board Member 59 01/08/21

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 151,726,311 151,096,470 ( 99.58 %) 0 99.58 %

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
9.179 %
13,886,457 9.179 % 207 M $
BlackRock Advisors LLC
8.712 %
13,180,538 8.712 % 197 M $
Hill City Capital LP
5.843 %
8,840,335 5.843 % 132 M $
Electron Capital Partners LLC
5.419 %
8,198,076 5.419 % 122 M $
Frontier Capital Management Co. LLC
4.543 %
6,872,341 4.543 % 102 M $
Norges Bank (13F)
4.124 %
6,239,173 4.124 % 93 M $
BNP Paribas Asset Management UK Ltd.
3.629 %
5,489,636 3.629 % 82 M $
Schroder Investment Management North America Ltd.
3.302 %
4,996,286 3.302 % 74 M $
Invesco Advisers, Inc.
3.248 %
4,914,345 3.248 % 73 M $
Sourcerock Group LLC
2.913 %
4,407,380 2.913 % 66 M $

Company contact information

Array Technologies, Inc.

3901 Midway Place NE

87109, Albuquerque

+505 881 7567

http://arraytechinc.com
address Array Technologies, Inc.(ARRY)

Sector

Energy
Renewable Energy
Renewable Energy
Renewable Energy Equipment & Services
Other Renewable Energy Equipment & Services

Sales per Business

Sales per region

Ratings for Array Technologies, Inc.

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
27
Last Close Price
12.4 USD
Average target price
20.22 USD
Spread / Average Target
+63.06%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Renewable Energy Equipment & Services

1st Jan change Capi.
ARRAY TECHNOLOGIES, INC. Stock Array Technologies, Inc.
-25.42% 1.88B
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-24.26% 6.15B
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