Array Technologies FY 2025 revenue rises

Reuters
Feb 26
Array Technologies FY 2025 revenue rises

Overview

  • Solar tracking tech provider's FY 2025 revenue grew 40%, with a $2.2 bln orderbook

  • Company reported FY 2025 net loss, but adjusted EBITDA was positive

Outlook

  • Array Technologies expects 2026 revenue between $1.4 bln and $1.5 bln

  • Company anticipates 2026 adjusted EBITDA between $200 mln and $230 mln

  • Array Technologies forecasts 1Q 2026 revenue around $200 mln

Result Drivers

  • RECORD ORDERBOOK - Co achieved a record $2.2 bln orderbook, reflecting investments in commercial organization and product portfolio

  • GLOBAL EXPANSION - DuraTrack technology expanded to global markets to meet customer demand for wind-stow technology

Company press release: ID:nGNXbVsmPl

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Orders

$2.2 bln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the renewable energy equipment & services peer group is "buy"

  • Wall Street's median 12-month price target for Array Technologies Inc is $11.00, about 2.5% above its February 24 closing price of $10.73

  • The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10