Reported 1 day ago
Array Technologies, Inc. (ARRY) has faced significant challenges since its IPO, with shares dropping nearly 80%. However, the company has demonstrated a strong operational turnaround in 2025, characterized by a remarkable 62% revenue increase in the first half of the year, along with a positive net income. As the second-largest player in the solar tracker market, Array's innovative products and robust U.S. supply chain position it favorably for future growth amidst a projected 17% CAGR in the solar tracker industry through 2029. Despite current high debt levels, its attractive valuation metrics suggest potential as a value investment.
Source: YAHOO