StreetInsider.com News Articles

Array Technologies launches 60-degree solar tracker to counter hail risk

Wed, 22 Jul 2026 09:00:35 -0400

Array Technologies (NASDAQ: ARRY) announced a new 60-degree variant of its DuraTrack solar tracker platform, designed to mitigate hail risk while reducing capital expenditures for solar projects.

The product was introduced at the company's third annual Insurance Forum in Boston, Massachusetts, where representatives from more than 25 insurance companies gathered to discuss severe weather risk in the solar market.

The 60-degree DuraTrack variant combines a 60-degree stow angle with Array's SmarTrack software suite, including Hail Alert Response technology. The company claims a stow execution rate of 99% or higher. The system uses an AC grid-powered motor and wired communications, which Array says

ARRAY Announces 60-Degree Solar Tracker Alternative to Enhance Extreme Weather Resilience, Project Economics

Wed, 22 Jul 2026 09:00:00 -0400

Introduced at ARRAY’s third annual Insurance Forum, the new solution focuses on cost effective risk mitigation for customers

ALBUQUERQUE, N.M., July 22, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ:ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced a new 60-degree variant of its trusted ARRAY DuraTrack^® platform. Designed to effectively mitigate hail risk while reducing capital expenditures, the new solar tracker builds on the exceptional hail alert response and patented passive wind stow reliability of the DuraTrack platform and further strengthens

ARRAY Announces 60-Degree Solar Tracker Alternative to Enhance Extreme Weather Resilience, Project Economics

Wed, 22 Jul 2026 09:00:00 -0400

Introduced at ARRAY’s third annual Insurance Forum, the new solution focuses on cost effective risk mitigation for customers

ARRAY Announces 60-Degree Solar Tracker Alternative to Enhance Extreme Weather Resilience, Project Economics

Wed, 22 Jul 2026 09:00:00 -0400

Introduced at ARRAY’s third annual Insurance Forum, the new solution focuses on cost effective risk mitigation for customers

ARRAY Announces 60-Degree Solar Tracker Alternative to Enhance Extreme Weather Resilience, Project Economics

Wed, 22 Jul 2026 09:00:00 -0400

Introduced at ARRAY’s third annual Insurance Forum, the new solution focuses on cost effective risk mitigation for customers

JPMorgan Downgrades Array Technologies (ARRY) to Neutral

Tue, 21 Jul 2026 07:57:52 -0400

(Updated - July 21, 2026 7:57 AM EDT)

JPMorgan analyst Mark Strouse downgraded Array Technologies (NASDAQ: ARRY) from Overweight to Neutral with a price target of $8.00.

The analyst comments "We are downgrading ARRY to Neutral, from Overweight, primarily owing to our view that other stocks under coverage present better opportunities for near-term catalysts. Our long-term fundamental view for ARRY is unchanged. We believe that ARRY is gaining tracker market share from smaller peers given the company’s exposure to tier-1 developers/EPCs (we believe slightly over half of revenue) as the industry trends toward larger, more complex projects, though likely partially offset by

JPMorgan Downgrades Array Technologies (ARRY) to Neutral

Tue, 21 Jul 2026 07:57:52 -0400

(Updated - July 21, 2026 7:57 AM EDT)

JPMorgan analyst Mark Strouse downgraded Array Technologies (NASDAQ: ARRY) from Overweight to Neutral with a price target of $8.00.

JPMorgan Downgrades Array Technologies (ARRY) to Neutral

Tue, 21 Jul 2026 07:57:52 -0400

(Updated - July 21, 2026 7:57 AM EDT)

JPMorgan analyst Mark Strouse downgraded Array Technologies (NASDAQ: ARRY) from Overweight to Neutral with a price target of $8.00.

JPMorgan Downgrades Array Technologies (ARRY) to Neutral

Tue, 21 Jul 2026 07:57:52 -0400

(Updated - July 21, 2026 7:57 AM EDT)

JPMorgan analyst Mark Strouse downgraded Array Technologies (NASDAQ: ARRY) from Overweight to Neutral with a price target of $8.00.

ARRAY Technologies to Host APA Investor Technology Showcase on August 20, 2026

Mon, 20 Jul 2026 08:30:00 -0400

ALBUQUERQUE, N.M., July 20, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, today announced that it will host an APA Investor Technology Showcase on Thursday, August 20, 2026, beginning at 9:00 a.m. ET.

Held approximately one year after the close of ARRAY’s acquisition of APA Solar (APA), the event will feature presentations and a Q&A session with CEO Kevin Hostetler and members of ARRAY and APA’s leadership teams. Presentations will cover the Company's Balance of

ARRAY Technologies to Host APA Investor Technology Showcase on August 20, 2026

Mon, 20 Jul 2026 08:30:00 -0400

ARRAY Technologies to Host APA Investor Technology Showcase on August 20, 2026

Mon, 20 Jul 2026 08:30:00 -0400

ARRAY Technologies to Host APA Investor Technology Showcase on August 20, 2026

Mon, 20 Jul 2026 08:30:00 -0400

Form 8-K Array Technologies, Inc. For: Jul 16

Thu, 16 Jul 2026 16:46:00 -0400

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Form 8-K Array Technologies, Inc. For: Jul 16

Thu, 16 Jul 2026 16:46:00 -0400

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Array Technologies to acquire wire management firm for $203M

Thu, 16 Jul 2026 16:30:15 -0400

Array Technologies, Inc. (NASDAQ: ARRY) has entered into a definitive agreement to acquire Affordable Wire Management, LLC (AWM), a provider of wire management, cable protection, and balance-of-system solutions for solar and energy storage projects, for total consideration of approximately $203 million.

The purchase price represents a multiple of 8.8x AWM's trailing twelve-month EBITDA for the period ended May 31, 2026. The deal consists of a base purchase price of $153 million, plus up to $50 million in additional consideration. That additional amount includes $10 million payable in two equal installments on the first and second anniversaries of closing, conditioned on the

ARRAY Technologies to Acquire Affordable Wire Management (AWM), Creating New Growth Platform in Balance-of-System Solutions

Thu, 16 Jul 2026 16:30:00 -0400

Strategic acquisition adds high-margin cable management products and extends ARRAY’s reach across utility-scale solar, distributed generation, BESS, and datacenter applications

Adds a highly complementary, accretive balance-of-system product portfolio spanning solar wire management, cable protection solutions, and battery energy storage solutions (BESS)
Creates new growth opportunities in fast-growing adjacencies including BESS and datacenter infrastructure
Total Consideration of approximately $203 million represents an attractive multiple of 8.8x AWM's trailing twelve-month EBITDA
Expected to be high single digit accretive to ARRAY's Adjusted EPS in year one before synergies
Closing expected in the third quarter of 2026, subject to regulatory clearance and customary

ARRAY Technologies to Acquire Affordable Wire Management (AWM), Creating New Growth Platform in Balance-of-System Solutions

Thu, 16 Jul 2026 16:30:00 -0400

Strategic acquisition adds high-margin cable management products and extends ARRAY’s reach across utility-scale solar, distributed generation, BESS, and datacenter applications

Adds a highly complementary, accretive balance-of-system product portfolio spanning solar wire management, cable protection solutions, and battery energy storage solutions (BESS)
Creates new growth opportunities in fast-growing adjacencies including BESS and datacenter infrastructure
Total Consideration of approximately $203 million represents an attractive multiple of 8.8x AWM's trailing twelve-month EBITDA
Expected to be high single digit accretive to ARRAY's Adjusted EPS in year one before synergies
Closing expected in the third quarter of 2026, subject to regulatory clearance and customary

ARRAY Technologies to Acquire Affordable Wire Management (AWM), Creating New Growth Platform in Balance-of-System Solutions

Thu, 16 Jul 2026 16:30:00 -0400

Strategic acquisition adds high-margin cable management products and extends ARRAY’s reach across utility-scale solar, distributed generation, BESS, and datacenter applications

Adds a highly complementary, accretive balance-of-system product portfolio spanning solar wire management, cable protection solutions, and battery energy storage solutions (BESS)
Creates new growth opportunities in fast-growing adjacencies including BESS and datacenter infrastructure
Total Consideration of approximately $203 million represents an attractive multiple of 8.8x AWM's trailing twelve-month EBITDA
Expected to be high single digit accretive to ARRAY's Adjusted EPS in year one before synergies
Closing expected in the third quarter of 2026, subject to regulatory clearance and customary

ARRAY Technologies to Acquire Affordable Wire Management (AWM), Creating New Growth Platform in Balance-of-System Solutions

Thu, 16 Jul 2026 16:30:00 -0400

Strategic acquisition adds high-margin cable management products and extends ARRAY’s reach across utility-scale solar, distributed generation, BESS, and datacenter applications

Adds a highly complementary, accretive balance-of-system product portfolio spanning solar wire management, cable protection solutions, and battery energy storage solutions (BESS)
Creates new growth opportunities in fast-growing adjacencies including BESS and datacenter infrastructure
Total Consideration of approximately $203 million represents an attractive multiple of 8.8x AWM's trailing twelve-month EBITDA
Expected to be high single digit accretive to ARRAY's Adjusted EPS in year one before synergies
Closing expected in the third quarter of 2026, subject to regulatory clearance and customary

ARRAY Technologies Announces Second Quarter 2026 Earnings Release Date and Conference Call

Mon, 13 Jul 2026 08:30:00 -0400

ALBUQUERQUE, N.M., July 13, 2026 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (the “Company” or “ARRAY”) (NASDAQ: ARRY), a leading global provider of solar tracking technology products, software, services and foundation solutions, today announced that the Company will release its second quarter 2026 results after the market closes on Wednesday, August 5, 2026, to be followed by a conference call at 5:00 p.m. (Eastern Time) that same day.

The conference call can be accessed live over the phone by dialing (888)-396-8049 (domestic) or (416)-764-8646 (international), or via webcast of the live conference call by logging onto the Investor

ARRAY Technologies Announces Second Quarter 2026 Earnings Release Date and Conference Call

Mon, 13 Jul 2026 08:30:00 -0400

The conference call can be accessed live over the phone by dialing (888)-396-8049 (domestic) or (416)-764-8646 (international), or via webcast of the live conference call by logging onto the Investor

ARRAY Technologies Announces Second Quarter 2026 Earnings Release Date and Conference Call

Mon, 13 Jul 2026 08:30:00 -0400

The conference call can be accessed live over the phone by dialing (888)-396-8049 (domestic) or (416)-764-8646 (international), or via webcast of the live conference call by logging onto the Investor

ARRAY Technologies Announces Second Quarter 2026 Earnings Release Date and Conference Call

Mon, 13 Jul 2026 08:30:00 -0400

The conference call can be accessed live over the phone by dialing (888)-396-8049 (domestic) or (416)-764-8646 (international), or via webcast of the live conference call by logging onto the Investor

Array Technologies (ARRY) PT Lowered to $7.25 at Susquehanna

Fri, 10 Jul 2026 06:47:49 -0400

Susquehanna analyst Biju Perincheril lowered the price target on Array Technologies (NASDAQ: ARRY) to $7.25 (from $9.50) while maintaining a Neutral rating.