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Stock impact report

BMO Lifts Array Technologies (ARRY) Price Target on Strong Bookings [Yahoo! Finance]

Array Technologies, Inc. (ARRY) 
Last array technologies, inc. earnings: 5/7 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
on Array Technologies (NASDAQ: ARRY) from $8.50 to $9.00 on November 6, keeping a Market Perform rating. The firm cited stronger-than-expected net bookings of around $500 million in the quarter, well above the $350 million forecast, with a book-to-bill ratio of 1.25x. Despite mixed Q3 results, the company raised its 2025 revenue outlook. BMO Lifts Array Technologies (ARRY) Price Target on Strong Bookings foxbat/Shutterstock.com However, BMO noted that margin and EBITDA guidance remain slightly lower. Analysts are waiting for clearer signs of margin stability and proof that the APA acquisition can scale before turning more bullish. The day before on November 5, Array Technologies reported third-quarter results for the period ending September 30, 2025. Revenue reached $393.5 million, with APA Solar contributing $16.9 million following its recent acquisition. The company posted a gross margin of 26.9% and adjusted EBITDA of $72.2 million. Net income stood at $18.4 million, or $0. Show less Read more
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