Array Technologies (ARRY) Stock

ALBUQUERQUE, N.M., Nov. 18, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in solar tracker technology, is proud to announce its strategic $3 million investment in Swap Robotics, a pioneer in utility-scale solar robotic operations, maintenance, and automation solutions.

Array Technologies, Inc. (NASDAQ:ARRY ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Sarah Sheppard - IR Kevin Hostetler - CEO Neil Manning - President and COO Kurt Wood - CFO James Zhu - CAO Conference Call Participants Julien Dumoulin-Smith - Jefferies Brian Lee - Goldman Sachs Jordan Levy - Truist Securities Jon Windham - UBS Philip Shen - ROTH Capital Partners Dimple Gosai - Bank of America Joe Osha - Guggenheim Partners Vikram Bagri - Citigroup Kashy Harrison - Piper Sandler Colin Rusch - Oppenheimer Derek Soderberg - Cantor Fitzgerald Operator Greetings and welcome to Array Technologies' Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only.

Array Technologies is undervalued due to fears of potential tax-policy changes for the solar industry if Republicans sweep the 2024 election, alongside overly aggressive short-selling efforts. U.S. demand for renewable electricity sources is expected to grow due to increasing EV adoption and AI datacenter expansion, despite political uncertainties. A surprise Democratic win could boost solar stocks significantly, while a divided government result may maintain current green energy incentives, making solar equities attractive again.

Array Technologies, noted for its expertise in integrated solar tracking solutions, has seen its share price get decimated this year by over 60%. ARRY's long-term prospects remain strong despite short-term challenges, with the US solar capacity expected to grow significantly, with 737GW of new capacity expected to come on board through 2035. ARRY offers a more compelling FCF yield than close peer NXT, whilst its superior medium-term earnings growth trajectory makes its P/E multiple look very attractive.

NOC's airborne fire control radars are used in the U.S. Air Force's 5th generation fighter platforms, the F-22 Raptor and the F-35 Lightning II, apart from F-16 jets.

First Generation ‘MicroPearls Pro™'and "MicroPearls ProX™" Will Support Largest Mushroom Ingredient Categories LAS VEGAS, NV / ACCESSWIRE / September 30, 2024 / Hypha Labs, Inc. (OTCQB:FUNI), a pioneer in functional mushroom sciences and the creator of the MicroPearls™ suite of products, is pleased to announce the first Functional Mushroom ingredient array for its first generation products, the MicroPearls Pro™, designed for home use and The MicroPearls ProX™ which is being designed for large-scale commercial ingredient production and is expected to produce an identical array. Both devices rely on a ‘mushroom accelerator' which leverages the Company's proprietary methodology and solution to produce functional mushroom ingredients in an eight day cycle.

Solar stocks have seen quite a rebound this week following Tuesday's presidential debate in which democratic nominee Kamala Harris emphasized building out alternative energy assets.

In the latest trading session, Array Technologies, Inc. (ARRY) closed at $6.68, marking a +1.21% move from the previous day.

ALBUQUERQUE, N.M., Sept. 09, 2024 (GLOBE NEWSWIRE) -- ARRAY Technologies (NASDAQ: ARRY) (“ARRAY” or the “Company”), a global leader in utility-scale solar tracking, is proud to announce the development of 77-degree stow capabilities for its tracker systems, the steepest stow angle for protective hail stow on the planet.