How IRS Guidance Could Support Array Technologies (ARRY) in 2026

Array Technologies, Inc. (NASDAQ:ARRY) is one of the 10 Best Renewable Energy Stocks to Buy Now. On March 5, Cantor Fitzgerald reiterated an Overweight rating on Array Technologies and kept its $10 price target. The firm said it remains positive on the company following IRS guidance and its latest earnings results. According to the note, the IRS guidance said solar projects that begin before July 4, 2026, qualify for the clean electricity production credit.

Cantor Fitzgerald said that it could pull projects forward into the first half of 2026 and benefit Array Technologies. The firm also said rising energy prices, cheap panel prices, and growing grid demand should support solid growth in fiscal 2026. At the same time, it flagged broader economic risks and the possibility of a revaluation in AI-exposed power names if planned data center capital expenditures are revised lower. Cantor Fitzgerald added that its fiscal 2027 estimates assume modest growth, adjusted for the elimination of certain tax credits and the potential for lower AI-related capital spending.

Array Technologies, Inc. (NASDAQ:ARRY) is a global provider of solar tracking technology and fixed-tilt systems for utility-scale and distributed generation solar projects.

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