ARRAY Technologies, a leader in solar tracking solutions, has announced the appointment of Nick Strevel as the new senior vice president of product management and technical sales. This appointment is effective immediately.
In his new role, Strevel will spearhead ARRAY's global product strategy and enhance the company's technical sales operations. His dual responsibilities aim to foster stronger relationships with ARRAY's worldwide customers and partners.
Strevel joins ARRAY Technologies (ARRY, Financial) following a significant tenure at First Solar, where he held various senior positions over more than ten years. His most recent position was Vice President of Product, where he played a pivotal role in product management and technology development. His extensive experience is expected to be instrumental in driving ARRAY's growth and innovation in the solar industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 24 analysts, the average target price for Array Technologies Inc (ARRY, Financial) is $8.39 with a high estimate of $13.00 and a low estimate of $6.00. The average target implies an upside of 96.89% from the current price of $4.26. More detailed estimate data can be found on the Array Technologies Inc (ARRY) Forecast page.
Based on the consensus recommendation from 27 brokerage firms, Array Technologies Inc's (ARRY, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Array Technologies Inc (ARRY, Financial) in one year is $11.95, suggesting a upside of 180.52% from the current price of $4.26. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Array Technologies Inc (ARRY) Summary page.
