Array Technologies Inc. (ARRY) saw its stock soar 5.82% in pre-market trading on Wednesday, November 5, 2025, as part of a broader rally in solar energy stocks. The surge comes in the wake of better-than-expected earnings from industry peer SolarEdge, which has sparked optimism across the sector.

SolarEdge, a key player in the solar industry, reported third-quarter earnings per share of $-0.31, outperforming analyst estimates of $-0.41. The company's revenue also beat expectations, coming in at $340.21 million compared to the consensus estimate of $330.29 million. This positive surprise from SolarEdge appears to have boosted investor confidence in the entire solar energy sector.

The ripple effect was evident across the industry, with several solar stocks experiencing significant gains. Canadian Solar jumped 18%, JinkoSolar rose 9%, while NEXTracker and Array Technologies both saw increases of around 6%. Other notable gains included Enphase Energy and First Solar, both up 5%, and Sunrun, which climbed 4%.

While Array Technologies has not released its own earnings report yet, the company appears to be benefiting from the positive sentiment surrounding the solar energy market. Investors may be anticipating strong performance from Array Technologies, given the overall industry trends and the company's position as a leading provider of tracking solutions for utility-scale solar energy projects.