ARRY

ArrayB

Nasdaq / Capital Goods

At close

2026-06-02

Current thesis

The best post-print evidence is primary-source: record $2.4 billion orderbook, second straight ~2x book-to-bill, and reaffirmed full-year 2026 guidance despite a weak Q4 reset earlier in the year. A May 7 Reuters/Investing.com item also reported Jefferies raised its price target to $9.50 from $8.00 while keeping a Buy rating, citing strong backlog and backlog quality.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite, 7D delta +4.0.

What can break

Backlog conversion risk remains material in utility-scale solar because project timing, permitting, interconnection, and customer financing can shift revenue recognition.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $9.20 · Bull $10.50 · Bear $6.70

Data freshness

Prices

As of 2026-06-02

Fundamentals

As of 2026-06-01 • Vendor: Data Vendor v1

Scores

As of 2026-06-02 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-08 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-06-02

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $10.16

Why

Momentum68 · Δ7d +4.0

Value64 · Δ7d -0.3

Sentiment46 · Δ7d -1.1

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

34% active weight

Current posture

7d trendSoftening

Δ7d

+4.0

Δ21d

+16.2

Value

32% active weight

Current posture

7d trendFlat

Δ7d

-0.3

Δ21d

-0.7

Sentiment

33% active weight

Current posture

7d trendSoftening

Δ7d

-1.1

Δ21d

+6.9

Why this grade

Composite grade B. Momentum 68.2 / Value 63.5 / Sentiment 46.0

Fundamentals (TTM)

As of 2026-06-01

Market Cap

$1.36B

Beta

1.68

Shares Out

152.75M

P/E (TTM) · Derived

-12.1

P/S (TTM)

1.03

P/FCF (TTM)

15.63

Rev YoY

+70.0%

EPS YoY

+111.6%

Gross Margin

+26.8%

Op Margin

-0.7%

Net Debt

$314.29M

Current Ratio

1.89

As of 2026-06-02 • Updated nightlySource: Internal modelMethodology