$ARRY

The Trump administration announced a 15% tariff and minimum import prices for polysilicon derivatives, including silicon wafers, photovoltaic cells, and solar modules, to support the US solar supply chain. Analysts cited by BMO, Citi, Truist, BNP Paribas, and Barclays expect First Solar (FSLR) to benefit, with module prices potentially rising to the low to mid 40 cents per watt. Premarket: FSLR +4%, TAN +3%.

Array (NASDAQ: ARRY) reported Q2 CY2026 revenue of $342.1 million, down 5.6% year on year but above market expectations. Next-quarter revenue guidance was $320 million, about 32% below analysts’ estimates. Adjusted EPS was $0.24, above consensus. The company cited over 100 GW cumulative shipments and a $2.5 billion orderbook.

Array Technologies, Inc. (ARRY) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit9912026q2pressrelea.htm EX-99.1 Document August 5, 2026 ARRAY Technologies Reports Financial Results for the Second Quarter 2026 Delivers Record $2.5 Billion Orderbook While Advancing Innovation Strategy 2026 Second Quarter Business Highlights • Record total exec

The newsletter covers Mintz legal and industry topics and summarizes energy and infrastructure deals. Key items include Array Technologies (NASDAQ: ARRY) buying Affordable Wire Management for about $203 million, MN8 Energy (NYSE: MNX) acquiring Greenbacker for $375 million, and EVgo Services (NASDAQ: EVGO) buying Stable Auto. It also notes litigation and regulatory updates in California on GHG reporting.

Array Technologies (ARRY) shares fell more than 26% premarket after a cautious FY2026 outlook. Q4 revenue was $226M, down 17% YoY but above the $211.4M estimate, while net loss widened to $145.7M. FY2026 revenue is forecast at $1.4B to $1.5B and adjusted EPS $0.65 to $0.75, below estimates, with gross margins expected stable.

Solar stocks rose Tuesday on reports that the Trump administration is considering policies that could support U.S. solar manufacturing, including a potential floor price for polysilicon. SolarEdge (SEDG) gained 8% to $48.68, Enphase (ENPH) rose 5% to $41.28, and First Solar (FSLR) climbed 4% to $241.60. The Invesco Solar ETF (TAN) and Array Technologies (ARRY) also increased.

Reuters reports the Trump administration is considering a minimum import price and new tariffs on polysilicon and related products, potentially announced later this month, to protect U.S. supply chains and reduce reliance on China. The plan could benefit polysilicon makers including Hemlock Semiconductor (Corning GLW and Shin-Etsu). Solar stocks rose: ENPH, SEDG, FSLR, ARRY.

After a Reuters report that the US is considering a polysilicon price floor and tariffs on Chinese polysilicon and related products, solar stocks rose. Enphase Energy gained about 7%, SolarEdge 8%, First Solar 8%, and Array Technologies 6%. The measures, expected later this month, aim to protect US producers Hemlock Semiconductor and Wacker Chemie.

The RENIXX World renewable-energy index fell 1.1% to 1,247.34 points on July 24, 2026, after closing below its prior week. SolarEdge (-20.3%), Sunrun (-16.5%), Array Technologies (-13.5%), Bloom Energy (-12.7%) and Enphase (-11.3%) led declines. Oil rose on US-Iran tensions; IEA expects renewables to surpass coal in 2026. CATL and Ørsted-related news also cited.

Array Technologies (ARRY) fell about 1.2% in pre-open trading after JPMorgan downgraded it from Overweight to Neutral and set a $8.00 price target. Other analysts cut targets or reiterated Hold ratings, including Roth Capital to $6 and Susquehanna to $7.25. The stock is down about 30% over the past month.