Added to YB: 2024-11-20
Pitch date: 2024-11-19
ARRY [bullish]
Array Technologies, Inc.
-41.9%
current return
Author Info
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Company Info
Array Technologies, Inc. engages in the manufacture and sale of solar tracking technology products in the United States, Spain, Brazil, Australia, and internationally.
Market Cap
$554.4M
Pitch Price
$6.14
Price Target
20.56 (+476%)
Dividend
N/A
EV/EBITDA
11.36
P/E
-3.73
EV/Sales
1.26
Sector
Electrical Equipment
Category
value
Show full summary:
Energy Stock Set to Return 50% CAGR as AI Drives Energy Demand Higher - Array Technologies, Inc.
ARRY: Undervalued solar tracker maker at 1x P/S, 7.8x P/FCF. Strong FCF despite 37% rev drop. Trump concerns overblown; solar cheapest energy source. AI driving demand. IRA benefits. Risks: interest rates, policy. Bull case: 50% CAGR 3yr. Debt manageable. Main rival NEXTracker at 2x P/S.
Read full article (10 min)