Array Technologies, Inc. (ARRY) Downgraded Amid Global Tariff Concerns

Array Technologies, Inc. (NASDAQ:ARRY) is among the most undervalued solar stocks to buy nowAnalysts at BofA have downgraded Array Technologies, Inc. (NASDAQ:ARRY) to “Underperform” from “Neutral” while reducing the price target to $7, down from $8. As India tariffs double from 25% to 50% and Mexico-gearsets face a new 25% duty, the firm is pessimistic about the company’s outlook and now views its fiscal 2025 margin target as “unrealistic.”

Looking at the bigger picture, Array Technologies, Inc. (NASDAQ:ARRY) has delivered a year-to-date return of 24.01%, nearly twice that of the market. There’s no doubt the company performed well during the first half of 2025, favoring a rebound following poor 2024 results. Ultimately, we can expect the company to not only capture a greater market share globally in the times ahead but also maintain its position in a sector undergoing consolidation.

Is Array Technologies Inc. (ARRY) the Best Solar Stock to Buy in 2025?

Although there are risks, Array Technologies, Inc. (NASDAQ:ARRY) can unlock significant value in the solar sector if and only if the turnaround takes place smoothly in 2025 and the company sustains its growth momentum.

Array Technologies, Inc. (NASDAQ:ARRY) is a New Mexico-based provider of solar tracking technology products, operating in the United States, Brazil, Australia, and globally. Incorporated in 1987, the company has two main segments: Array Legacy Operations and STI Operations.

While we acknowledge the potential of ARRY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ARRY and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None.