Jefferies Lowers Its PT on Array Technologies, Inc. (ARRY) to $10, Maintains a ‘Buy’ Rating

Array Technologies, Inc. (NASDAQ:ARRY) is one of the 11 Cheap Clean Energy Stocks to Buy Right Now.

Jefferies Lowers Its PT on Array Technologies, Inc. (ARRY) to $10, Maintains a ‘Buy’ Rating

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On September 16, 2025, Jefferies lowered its price target on Array Technologies, Inc. (NASDAQ:ARRY) from $13 to $10, maintaining a ‘Buy’ rating. The price revision reflects short-term margin pressure following the company’s acquisition of APA. The acquisition is also expected to contribute partially to Q3 and fully to Q4 2025.

The investment firm projects fiscal 2025 revenue of $1.25 billion with a gross margin of roughly 28.7%, while generating free cash flow of over $100 million annually in the long term. Analysts expect APA to remain margin-accretive, strengthening the company’s market position if executed well. Several analysts remain bullish on the company, expecting significant upside potential.

Array Technologies, Inc. (NASDAQ:ARRY) delivers solar tracking technology globally, offering single-axis and dual-row tracker systems, photovoltaic-powered control systems, and smart software. It is one of the Best Clean Energy Stocks.

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