Array Technologies Inc (NASDAQ:ARRY) price on current trading day, fall -1.94% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $6.82.
A look at the stock’s price movement, the level at last check in today’s session was $6.95, moving within a range at $6.76 and $6.94. The beta value (5-Year monthly) was 1.732. Turning to its 52-week performance, $11.69 and $3.76 were the 52-week high and 52-week low respectively. Overall, ARRY moved 6.99% over the past month.
Array Technologies Inc’s market cap currently stands at around $1.04 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-May-06.
Turning to the stock’s technical picture we see that short term indicators suggest on average that ARRY is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
17 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 4 analyst(s) rate the stock as a Hold, 13 recommend ARRY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
ARRY’s current price about -3.87% and -5.75% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.81, while 7-day volatility ratio is 5.50% and 7.14% in the 30-day chart. Further, Array Technologies Inc (ARRY) has a beta value of 1.75. Analysts have given the company’s stock an average 52-week price target of $8.5, forecast between a low of $6 and high of $13. Looking at the price targets, the low is 12.02% off recent price level in today’s trading while to achieve the yearly target high, it has to move -90.62%. Nonetheless, investors will most likely welcome a -24.63% jump to $8.5 which is the analysts’ median price.
If we refocus on Array Technologies Inc (NASDAQ:ARRY), historical trading data shows that trading volumes averaged 5.19 over the past 10 days and 8.35 million over the past 3 months. The company’s latest data on shares outstanding shows there are 152.51 million shares.
The 1.73% of Array Technologies Inc’s shares are in the hands of company insiders while institutional holders own 110.06% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 28.85 million on 2025-06-30, giving us a short ratio of 3.28. The data shows that as of 2025-06-30 short interest in Array Technologies Inc (ARRY) stood at 2112.0000999999997 of shares outstanding, with shares short rising to 20.98 million registered in 2025-05-30. Current price change has pushed the stock -37.13% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the ARRY stock continues to rise going into the next quarter.
