Risk factor
Very high price volatility
Profitability factor
Very weak growth
About
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'cheap' on P/E, overvalued on EV/EBITDA
Target Price
The average target price of ARRY is 10 and suggests 21% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase