Deutsche Bank Starts Covering Array Technologies, Inc. (ARRY) with Buy Rating and $11 Price Target

With strong hedge fund backing and favorable analyst ratings, Array Technologies, Inc. (NASDAQ:ARRY), makes our list of the 10 Most Promising Green Stocks According to Wall Street Analysts.

On September 30, 2025, the $1.4 billion solar tracking technology company Array Technologies, Inc. (NASDAQ:ARRY) is receiving more attention now that Deutsche Bank started covering it with a Buy rating and a $11 price target, pointing to the company’s improvement under the present leadership.

Array Technologies, Inc. (NASDAQ:ARRY)’s growing backlog, rising gross margins, and balance sheet deleveraging were cited by the bank as its main advantages. A milestone enabling the industry’s transition to higher-voltage solar projects that reduce costs and increase performance was reached earlier this month when the company revealed that Intertek had certified the interoperability of its DuraTrack and OmniTrack systems at 2,000 volts.

Furthermore, Array Technologies, Inc. (NASDAQ:ARRY) finalized the acquisition of APA Solar, expanding its offering to include fixed-tilt racking and designed foundation systems. Additionally, analysts at UBS and Jefferies have increased their price targets, reaffirming their belief in the company’s growth potential.

The global manufacturer and distributor of solar tracking technology products, Array Technologies, Inc. (NASDAQ:ARRY) caters to the utility-scale and distributed generation solar sectors. It is one of the most promising stocks.

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