News · Array Technologies, Inc. (ARRY) · Energy

Array Technologies rises 5.6% after company schedules third-quarter earnings

Session of October 15, 2026 · Published October 16, 2026 · 3 min read

What happened

Array Technologies (ARRY) rose 5.6% on October 15, 2026, after GlobeNewsWire reported it scheduled its third-quarter 2026 earnings release for after market close on Thursday, November 5, 2026. GlobeNewsWire said the report would be followed by a 5:00 PM ET conference call. The session came as trading volume was 1.4 times its 20-day average, suggesting investors responded to the timetable.

Closing price over the last 30 trading sessions. On October 15, 2026, ARRY closed at $3.57, up 5.6% on the day and 21.4% lower than 30 sessions earlier.

How big was the move

The stock’s rise was a large, mostly company-specific move: it moved far more than the market and its sector. The daily change was 1.5 times a typical daily move for this stock and the session outperformed the Energy sector median by 6.6 percentage points. The S&P 500 rose 0.3% on the day while the Energy sector median fell 1.0%, making Array’s move stand out against both the market and its peers.

Each bar is one day's price change; the outlined bar is October 15, 2026. A typical daily move over the past year was 4.8%, so the latest move equals 1.2 times that. Moves outside the dashed lines (about 9.6%) are unusual.

The technical picture

Despite the uptick, the stock remained deeply depressed on technical measures. The stock was 7.3% below its 20-day moving average and 18.6% below its 50-day moving average, while it was 50.6% below its 200-day moving average. The 50-day average is below the 200-day average, a sign of a weak longer-term trend, and the distance from the 52-week high was 70.8% below that high. Shorter-term momentum is muted: the Relative Strength Index (14 days) stood at 37, inside a neutral range between 30 and 70. Price performance over recent intervals was weak, with the share price fell 15.0% over one month and fell 41.6% over three months. Over one year the stock fell 60.6%, which was 77.2 percentage points behind the S&P 500.

Closing price over the past year. ARRY ends the period 70.2% below its 52-week high, below its 50-day average ($4.38) and below its 200-day average ($7.23).

Fundamentals and valuation

Over the four quarters through June 30, 2026, revenue was $1.19 billion, which grew 1.2% from a year earlier; revenue growth one quarter earlier was growth of 13.2%. Diluted earnings per share for that period were $-0.98, and gross margin was 24.3% compared with 28.2% a year earlier. Operating margin slipped to 3.3% from 17.2% a year earlier. The balance sheet showed net debt of 107.0 times EBITDA. On valuation measures, the stock traded at 4.8 times expected earnings on a price to forward earnings basis and delivered a free-cash-flow yield of 23.8%.

Quarterly revenue by period end. The latest quarter brought $342M, 5.6% less than the same quarter a year earlier.

Those figures show a mixed fundamental picture. Revenue is roughly flat year over year while margins have compressed, but the free-cash-flow yield of 23.8% and a price to forward earnings of 4.8 times expected earnings point to a low valuation against that deterioration. Return on invested capital was 3.5% and free-cash-flow margin was 11.4%, indicating the company generates operating cash even as profitability metrics declined. The balance sheet metric — net debt of 107.0 times EBITDA — highlights a potential leverage risk.

Earnings and analyst expectations

Earnings calendar items were inconsistent in the data. The facts list the next report as November 4, 2026. GlobeNewsWire reported the company scheduled its third-quarter 2026 earnings release for after market close on Thursday, November 5, 2026, followed by a conference call at 5:00 PM ET. The last report, on August 5, 2026, showed earnings per share of $0.24 against $0.12 expected, 97.2% above estimates. The company has beaten estimates in two consecutive quarters, with an average surprise over the last four reports of 78.2% above estimates. The typical two-day reaction after recent reports was that the stock rose 1.2%.

Diluted earnings per share by quarter. The latest quarter shows $0.05, against $0.19 in the same quarter a year earlier.

Analyst coverage is moderate. Twenty-eight analysts provide ratings and the consensus rating is Hold. Forty-six percent of analysts rate the stock Buy. The consensus price target was $7.42, which is 107.8% above the closing price on the cited trading day. That gap captures divergent views: analysts see upside from current levels even as recent fundamentals and the long-term price trend remain weak.

What to watch

November 4, 2026: listed as the next report date for Array Technologies' earnings.
November 5, 2026: GlobeNewsWire reported the company scheduled its third-quarter 2026 earnings release for after market close, followed by a 5:00 PM ET conference call.
August 5, 2026: last report showed earnings per share of $0.24 against $0.12 expected, 97.2% above estimates.
Trading volume on October 15, 2026: 1.4 times its 20-day average.
Balance sheet metric: net debt of 107.0 times EBITDA.

Full ARRY analysis: scores, chart and financials →