Latest news with #ArrayTechnologies
Yahoo
a day ago
- Business
- Yahoo
Array Technologies (ARRY) Fell Last Week. Here is Why.
The share price of Array Technologies, Inc. (NASDAQ:ARRY) fell by 8.74% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. An aerial view of a solar panel farm, its panel incremented tracking the sun's path. Array Technologies, Inc. (NASDAQ:ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. The share price of Array Technologies, Inc. (NASDAQ:ARRY) fell last week after investors reacted negatively to the House of Representatives advancing President Trump's 'one big beautiful bill', which may end numerous green-energy subsidies that have supported the renewable energy sector. While the industry was already expecting the gradual phase-out of wind and solar tax credits, the latest version of the bill accelerates this timeline, dealing a serious blow to the solar energy industry, which relies heavily on such credits. That said, Array Technologies, Inc. (NASDAQ:ARRY) posted strong results for its Q1 2025 earlier this month, beating expectations in both revenue and earnings. The company reported a strong revenue growth of 97.1% YoY and achieved the second-largest quarter of volume shipped since 2023, indicating solid market share recovery. While we acknowledge the potential of ARRY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ARRY and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Array Technologies (ARRY) Fell Last Week. Here is Why.
The share price of Array Technologies, Inc. (NASDAQ:ARRY) fell by 8.74% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. An aerial view of a solar panel farm, its panel incremented tracking the sun's path. Array Technologies, Inc. (NASDAQ:ARRY) is a leading global provider of solar tracking technology to utility-scale and distributed generation customers, who construct, develop, and operate solar PV sites. The share price of Array Technologies, Inc. (NASDAQ:ARRY) fell last week after investors reacted negatively to the House of Representatives advancing President Trump's 'one big beautiful bill', which may end numerous green-energy subsidies that have supported the renewable energy sector. While the industry was already expecting the gradual phase-out of wind and solar tax credits, the latest version of the bill accelerates this timeline, dealing a serious blow to the solar energy industry, which relies heavily on such credits. That said, Array Technologies, Inc. (NASDAQ:ARRY) posted strong results for its Q1 2025 earlier this month, beating expectations in both revenue and earnings. The company reported a strong revenue growth of 97.1% YoY and achieved the second-largest quarter of volume shipped since 2023, indicating solid market share recovery. While we acknowledge the potential of ARRY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ARRY and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Yahoo
18-05-2025
- Business
- Yahoo
Why solar stocks have soared — and why there's trouble ahead for the rally
Solar stocks outpaced a rally in the broader market this week. The sector surged after a key budget bill kept tax credits intact. But the bill proposes changes that could slow the solar industry's buildout. Sunshine is beaming down on solar stocks after policymakers saved the clean energy sector from a potentially dire threat, but there are still clouds looming over the sector. Last week, the industry was relieved after a long-awaited budget bill left most industry credits intact. In the words of JPMorgan, the bill satisfied the "more bullish end" of expectations, sparing the sector-boosting credits from the chopping block. The May 12 draft bill unleashed a comeback rally for top solar names, which outpaced a broader rally in the week. First Solar surged nearly 23% between Monday and Friday, while Array Technologies, Nextracker, and Sunrun jumped 27%, 19%, and 26%, respectively. The Invesco Solar ETF jumped more than 10% in the week, about double the gain of the S&P 500. By all accounts, the proposed legislation is an optimistic outcome amid White House administration opposition to clean energy buildout. It keeps alive tax benefits that have propelled solar's record-breaking buildout in 2024. But as enthusiastic as solar investors might get, the new bill faces challenges from Republicans looking for deeper spending cuts to fund tax breaks for households and companies. Even in its current form, the bill could disrupt industry momentum. Under the proposal, businesses would be able to take advantage of tax credits only when a solar project starts generating electricity, and this would have to occur by 2029 — after that, credits would start to phase out. It's a simple but consequential shift from current setup, where credits are unlocked once construction begins. "If you fail — often for no fault of your own — to be able to bring it online by the deadline, then suddenly your economics have changed," Michael Carr, executive director of the SEMA Coalition, told Business Insider. "And so what we have observed is, with a placed-in-service standard, banks are becoming increasingly unwilling, as far as like three or four years out, to finance these projects." Also of note are more stringent provisions on "foreign entities of concern," which could effectively block a manufacturer from tax benefits if their project uses equipment, materials, or IP from specific regions outside the US. The new language targets even sub-components, the type of equipment that American manufacturers exclusively source from places like China. "My preliminary understanding is that there are probably many, many pieces of equipment that use Chinese IP, because China is the leader in the solar supply chain," Sylvia Leyva Martinez, a principal analyst at Wood Mackenzie, explained to BI. She added: "How is the IRS going to look into that?" The industry might not know for years, given that previous guidance has taken a while to come out, Carr said — all amounting to a bout of new uncertainty. In its note, JPMorgan acknowledged the same drawbacks, but highlighted that one proposal could give domestic manufacturers a leg up. Restrictions against prohibited foreign-entities from qualifying for 45x credits would provide a key advantage to First Solar, and, to a lesser degree, names such as Nextracker, Enphase Energy, and SolarEdge. Aside from headwinds related to the tax bill, solar hasn't been spared from the tariff chaos. Trade whiplash has created the same uncertainty that looms over other industries, complicating business decisions for solar firms. Price hikes could hit the industry, and even last year's supply glut of solar panels might not help. Meanwhile, industry confidence has chilled amid the Trump administration's energy policies, which focus on uplifting non-renewables and, at times, slashing clean energy initiatives. But Leyva Martinez thinks the White House has good reason not to target solar, given the sector's crucial role in the artificial intelligence buildout. "There is an impending boom in demand," she said, citing that both renewables and non-renewables will need to be tapped to meet enormous energy needs. "We'll need to see if that leads to any major policy changes that could potentially — not benefit — but at least not harm." Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
18-05-2025
- Business
- Business Insider
Why solar stocks have soared — and why there's trouble ahead for the rally
Solar stocks outpaced a rally in the broader market this week. The sector surged after a key budget bill kept tax credits intact. But the bill proposes changes that could slow the solar industry's buildout. Sunshine is beaming down on solar stocks after policymakers saved the clean energy sector from a potentially dire threat, but there are still clouds looming over the sector. Last week, the industry was relieved after a long-awaited budget bill left most industry credits intact. In the words of JPMorgan, the bill satisfied the "more bullish end" of expectations, sparing the sector-boosting credits from the chopping block. The May 12 draft bill unleashed a comeback rally for top solar names, which outpaced a broader rally in the week. First Solar surged nearly 23% between Monday and Friday, while Array Technologies, Nextracker, and Sunrun jumped 27%, 19%, and 26%, respectively. The Invesco Solar ETF jumped more than 10% in the week, about double the gain of the S&P 500. By all accounts, the proposed legislation is an optimistic outcome amid White House administration opposition to clean energy buildout. It keeps alive tax benefits that have propelled solar's record-breaking buildout in 2024. But as enthusiastic as solar investors might get, the new bill faces challenges from Republicans looking for deeper spending cuts to fund tax breaks for households and companies. Credit complexities Even in its current form, the bill could disrupt industry momentum. Under the proposal, businesses would be able to take advantage of tax credits only when a solar project starts generating electricity, and this would have to occur by 2029 — after that, credits would start to phase out. It's a simple but consequential shift from current setup, where credits are unlocked once construction begins. "If you fail — often for no fault of your own — to be able to bring it online by the deadline, then suddenly your economics have changed," Michael Carr, executive director of the SEMA Coalition, told Business Insider. "And so what we have observed is, with a placed-in-service standard, banks are becoming increasingly unwilling, as far as like three or four years out, to finance these projects." Also of note are more stringent provisions on "foreign entities of concern," which could effectively block a manufacturer from tax benefits if their project uses equipment, materials, or IP from specific regions outside the US. The new language targets even sub-components, the type of equipment that American manufacturers exclusively source from places like China. "My preliminary understanding is that there are probably many, many pieces of equipment that use Chinese IP, because China is the leader in the solar supply chain," Sylvia Leyva Martinez, a principal analyst at Wood Mackenzie, explained to BI. The industry might not know for years, given that previous guidance has taken a while to come out, Carr said — all amounting to a bout of new uncertainty. In its note, JPMorgan acknowledged the same drawbacks, but highlighted that one proposal could give domestic manufacturers a leg up. Restrictions against prohibited foreign-entities from qualifying for 45x credits would provide a key advantage to First Solar, and, to a lesser degree, names such as Nextracker, Enphase Energy, and SolarEdge. Uncertainty heats up Aside from headwinds related to the tax bill, solar hasn't been spared from the tariff chaos. Trade whiplash has created the same uncertainty that looms over other industries, complicating business decisions for solar firms. Price hikes could hit the industry, and even last year's supply glut of solar panels might not help. Meanwhile, industry confidence has chilled amid the Trump administration's energy policies, which focus on uplifting non-renewables and, at times, slashing clean energy initiatives. But Leyva Martinez thinks the White House has good reason not to target solar, given the sector's crucial role in the artificial intelligence buildout. "There is an impending boom in demand," she said, citing that both renewables and non-renewables will need to be tapped to meet enormous energy needs. "We'll need to see if that leads to any major policy changes that could potentially — not benefit — but at least not harm."
Yahoo
16-05-2025
- Business
- Yahoo
3 Noteworthy Stocks Estimated To Be Up To 35.6% Below Intrinsic Value
As the major stock indexes in the United States continue to rise, with the S&P 500 on track for a five-day winning streak, investor sentiment is buoyed by positive economic indicators and easing trade tensions between the U.S. and China. In this environment of cautious optimism, identifying stocks that are potentially undervalued becomes crucial for investors seeking opportunities to capitalize on discrepancies between market prices and intrinsic values. Name Current Price Fair Value (Est) Discount (Est) Provident Financial Services (NYSE:PFS) $17.86 $35.51 49.7% Quaker Chemical (NYSE:KWR) $106.23 $211.15 49.7% Brookline Bancorp (NasdaqGS:BRKL) $11.11 $22.22 50% Valley National Bancorp (NasdaqGS:VLY) $9.16 $18.18 49.6% Flowco Holdings (NYSE:FLOC) $19.38 $37.99 49% First Reliance Bancshares (OTCPK:FSRL) $9.35 $18.49 49.4% Insteel Industries (NYSE:IIIN) $36.81 $72.27 49.1% Bel Fuse (NasdaqGS:BELF.A) $71.89 $142.60 49.6% Carvana (NYSE:CVNA) $297.40 $586.29 49.3% Mobileye Global (NasdaqGS:MBLY) $15.94 $31.09 48.7% Click here to see the full list of 171 stocks from our Undervalued US Stocks Based On Cash Flows screener. Let's uncover some gems from our specialized screener. Overview: Array Technologies, Inc. manufactures and sells solar tracking technology products across the United States, Spain, Brazil, Australia, and other international markets with a market cap of approximately $1.27 billion. Operations: The company's revenue is derived from two primary segments: STI Operations, contributing $304.31 million, and Array Legacy Operations, accounting for $760.46 million. Estimated Discount To Fair Value: 27.3% Array Technologies is trading at US$8.44, below its estimated fair value of US$11.61, indicating potential undervaluation based on cash flows. Recent earnings showed significant improvement with Q1 net income rising to US$16.75 million from US$2.17 million a year ago, reflecting strong operational performance despite previous impairments and losses in 2024. The introduction of innovative products like DuraTrack Hail XP™ enhances its market position, potentially supporting future cash flow growth amidst volatile share prices. The growth report we've compiled suggests that Array Technologies' future prospects could be on the up. Unlock comprehensive insights into our analysis of Array Technologies stock in this financial health report. Overview: Flutter Entertainment plc is a sports betting and gaming company with operations in the United States, the United Kingdom, Ireland, Australia, Italy, and internationally, and has a market cap of approximately $43.83 billion. Operations: The company's revenue segments include $6.05 billion from the US and $3.62 billion from the UK and Ireland. Estimated Discount To Fair Value: 32.7% Flutter Entertainment is trading at US$244.1, well below its estimated fair value of US$362.56, highlighting potential undervaluation based on cash flows. The company reported a Q1 net income of US$283 million, reversing a prior year's loss and demonstrating strong financial recovery. With revenue expected to grow faster than the market and earnings projected to increase significantly over the next three years, Flutter's strategic buybacks further enhance shareholder value amidst robust earnings guidance for 2025. Our growth report here indicates Flutter Entertainment may be poised for an improving outlook. Navigate through the intricacies of Flutter Entertainment with our comprehensive financial health report here. Overview: RXO, Inc. operates a truck brokerage business across the United States, Canada, Mexico, Asia, and Europe with a market cap of $2.81 billion. Operations: The company's revenue is primarily derived from its Transportation - Trucking segment, which generated $5.07 billion. Estimated Discount To Fair Value: 35.6% RXO is trading at US$17.07, significantly below its estimated fair value of US$26.51, suggesting undervaluation based on cash flows. Despite a recent net loss of US$31 million in Q1 2025, RXO's revenue growth outpaces the broader market with an expected annual increase of 10.9%. The company is forecasted to become profitable within three years, offering potential upside given its strong relative value compared to peers and industry standards. Our earnings growth report unveils the potential for significant increases in RXO's future results. Delve into the full analysis health report here for a deeper understanding of RXO. Dive into all 171 of the Undervalued US Stocks Based On Cash Flows we have identified here. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGM:ARRY NYSE:FLUT and NYSE:RXO. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
