UBS Raises Outlook for Array Technologies (ARRY) Amid Margin Strength

Array Technologies Inc. (NASDAQ:ARRY) is one of the best alternative energy stocks to buy right now. On August 11, UBS increased its price target of the stock from $8.50 to $9.00 and reaffirmed a Buy rating after the company released its Q2 2025 earnings. The upward revision was driven by Array’s updated financial guidance, which pointed to stronger gross margins in the latter half of 2025. Additionally, the company signaled that similar margin levels are expected in early 2026, suggesting a stable and resilient profitability outlook.

In light of this guidance, UBS adjusted its EBITDA projections for the next three years. The firm now expects $200 million in 2025, $244 million in 2026, and $268 million in 2027—each slightly higher than previous estimates. These revisions reflect not only improved margins but also a modest boost in revenue, attributed to increased annual sales of solar trackers, a core product in Array’s portfolio.

UBS maintains a bullish stance on Array Technologies, citing the robust momentum in utility-scale solar development and the company’s strategic ability to navigate tariff-related cost pressures. With a favorable industry backdrop and operational discipline, Array appears well-positioned to capitalize on long-term growth opportunities in the renewable energy sector.

Array Technologies Inc. (NASDAQ:ARRY) designs, produces, and distributes solar tracking systems across the United States and key international markets, including Spain, Brazil, and Australia.

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Disclosure: None. This article is originally published at Insider Monkey.