Array Digital Infrastructure, Inc. (AD)

NYSE: AD · Real-Time Price · USD
48.19
-0.67 (-1.37%)
At close: Apr 24, 2026, 4:00 PM EDT
48.20
+0.01 (0.02%)
After-hours: Apr 24, 2026, 7:00 PM EDT
Market Cap4.17B -25.7%
Revenue (ttm)162.96M +58.3%
Net Income48.76M
EPS0.56
Shares Out 86.44M
PE Ratio24.84
Forward PE7.13
Dividend$33.25 (69.00%)
Ex-Dividend DateJan 23, 2026
Volume109,217
Open48.90
Previous Close48.86
Day's Range48.03 - 49.86
52-Week Range44.03 - 79.17
Beta0.13
AnalystsStrong Buy
Price Target55.00 (+14.13%)
Earnings DateMay 8, 2026

About AD

Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States. The company deploys 5G and other wireless technologies through its 4,400 cell towers. It also leases tower space to tenants. In addition, the company offers ancillary services. It serves organizations, wireless carriers, government agencies, municipalities, wireless internet service providers, and broadband providers. The company was formerly known as United States Cellular Corporation and changed its name to Array Digital In... [Read more]

Founded 1983
Employees 60
Stock Exchange NYSE
Ticker Symbol AD
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for AD stock is "Strong Buy." The 12-month stock price target is $55.0, which is an increase of 14.13% from the latest price.

Price Target
$55.0
(14.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Array Digital Infrastructure Transcript: 47th Annual Raymond James Institutional Investor Conference

The company completed the sale of its wireless operations and major spectrum assets, paid significant special dividends, and is now focused on growing its tower and fiber businesses. Fiber passings are set to double in 4–5 years, and a robust buyback program is underway.

7 weeks ago - Transcripts

TDS and Array to present at Raymond James 47th Annual Institutional Investors Conference

CHICAGO, Feb. 24, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS®) and Array Digital Infrastructure, Inc. (NYSE: AD) (Array SM) will present at the Raymond James 47th Annual Institut...

2 months ago - PRNewsWire

Array Digital Infrastructure Earnings Call Transcript: Q4 2025

2025 marked a transformative year with major wireless divestitures, spectrum monetization, and a sharpened focus on fiber and tower growth. TDS Telecom expanded its fiber footprint and set higher targets, while Array saw strong tower revenue growth and continues to pursue spectrum monetization.

2 months ago - Transcripts

Array reports fourth quarter and full year 2025 results

Array issues 2026 guidance CHICAGO, Feb. 20, 2026 /PRNewswire/ --  As previously announced, Array will hold a teleconference on February 20, 2026, at 9:00 a.m. CST. Listen to the call live via the Eve...

2 months ago - PRNewsWire

TDS and Array to release fourth quarter operating results and host conference call on February 20, 2026

CHICAGO, Feb. 13, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and Array Digital Infrastructure, Inc.SM (NYSE: AD) will webcast their fourth quarter operating results conference c...

Other symbols: TDS
2 months ago - PRNewsWire

Array completes sale of select spectrum assets to AT&T for $1.018 billion

Board declares special dividend of $10.25 per share CHICAGO, Jan. 13, 2026 /PRNewswire/ -- Array Digital Infrastructure, Inc.SM (NYSE: AD) (ArraySM) today announced the successful closing of the previ...

Other symbols: T
3 months ago - PRNewsWire

Top 2 Tech And Telecom Stocks That May Implode In December

As of Dec. 24, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: NYT
4 months ago - Benzinga

FCC approves AT&T $1 billion purchase of spectrum from US Cellular

The Federal Communications Commission said Thursday it has approved AT&T's deal to buy some wireless spectrum licenses from U.S. Cellular in a $1.02 billion deal after the Texas-based carrier committe...

Other symbols: T
5 months ago - Reuters

Array Digital Infrastructure Transcript: Wells Fargo's 9th Annual TMT Summit

Transitioning to a pure-play tower operator, the company is monetizing spectrum assets through major sales to AT&T, Verizon, and T-Mobile, with significant special dividends planned. Operational focus is on increasing tenancy rates, optimizing costs, and leveraging rural tower assets for 5G growth. Regular dividends and potential REIT conversion are under review.

5 months ago - Transcripts

Array to attend Wells Fargo TMT Summit

CHICAGO , Nov. 10, 2025 /PRNewswire/ -- Array Digital Infrastructure, Inc.SM (NYSE: AD) (ArraySM) today announced that Doug Chambers, Array's Interim President and CEO, will present at the Wells Fargo...

5 months ago - PRNewsWire

Array Digital Infrastructure Earnings Call Transcript: Q3 2025

Q3 saw the close of the T-Mobile transaction, a $1.6B special dividend, and a $500M share buyback program. TDS Telecom hit 1M fiber addresses, with strong growth in fiber net adds and ongoing E-ACAM expansion. Array's tower revenue surged, and major spectrum sales are pending.

6 months ago - Transcripts

Array reports third quarter 2025 results

CHICAGO , Nov. 7, 2025 /PRNewswire/ --  As previously announced, Array will hold a teleconference on November 7, 2025, at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of ...

6 months ago - PRNewsWire

Array Appoints Anthony Carlson President and CEO

CHICAGO , Nov. 7, 2025 /PRNewswire/ -- Array Digital Infrastructure, Inc. SM (NYSE: AD) (ArraySM), and Telephone and Data Systems, Inc. (NYSE: TDS) today announced Anthony Carlson will become the Pres...

Other symbols: TDS
6 months ago - PRNewsWire

TDS and Array to release third quarter operating results and host conference call on November 7, 2025

CHICAGO , Oct. 29, 2025 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and Array Digital Infrastructure (NYSE: AD) will webcast their third quarter operating results conference call on N...

Other symbols: TDS
6 months ago - PRNewsWire

Top 3 Tech And Telecom Stocks That Are Set To Fly In September

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: AMBRDV
7 months ago - Benzinga

ARRAY TO WEBCAST 2025 ANNUAL MEETING OF SHAREHOLDERS

CHICAGO , Sept. 23, 2025 /PRNewswire/ -- Array Digital Infrastructure, Inc.SM [NYSE: AD] is webcasting its 2025 virtual Annual Meeting of Shareholders at 8:30 a.m.

7 months ago - PRNewsWire

Array Digital Infrastructure Transcript: Global Communications Infrastructure Conference

Array Digital Infrastructure is leveraging its rural tower footprint and streamlined operations to drive robust colocation growth, with significant revenue increases and strong demand from carrier edgeouts. Pending spectrum sales and a focus on operational efficiency position the company for continued growth and special dividends.

7 months ago - Transcripts

Array Digital Infrastructure Transcript: Citi’s 2025 Global Technology, Media and Telecommunications Conference

Array Digital Infrastructure is now a standalone tower company, focusing on operational growth, spectrum monetization, and returning capital via special dividends. TDS Telecom is accelerating its fiber expansion, targeting 1.8 million addresses, and leveraging E-ACAM for rural growth, while maintaining financial flexibility for disciplined M&A and future shareholder returns.

8 months ago - Transcripts

Array Digital Infrastructure Earnings Call Transcript: Q2 2025

Closed $4.3B wireless sale to T-Mobile, enabling debt reduction, special dividends, and a focus on tower and fiber growth. Array's tower revenues rose 12% year-over-year, while TDS Telecom delivered 27,000 new fiber addresses and targets 1.8M fiber passings.

9 months ago - Transcripts

Array reports second quarter 2025 results

CHICAGO , Aug. 11, 2025 /PRNewswire/ -- On August 1, 2025, United States Cellular Corporation changed its name to Array Digital Infrastructure, Inc.SM (ArraySM) As previously announced, Array will hol...

9 months ago - PRNewsWire

Array declares special dividend of $23.00 per share following the sale of the UScellular wireless operations

CHICAGO , Aug. 1, 2025 /PRNewswire/ -- Array Digital Infrastructure, Inc.SM ("ArraySM"), (NYSE: USM), formerly United States Cellular Corporation, has declared a special cash dividend of $23.00 per Co...

Other symbols: TDS
9 months ago - PRNewsWire

UScellular Completes Sale of Wireless Operations

CHICAGO , Aug. 1, 2025 /PRNewswire/ -- Array Digital Infrastructure, Inc.SM (NYSE: USM) (the "Company"), formerly known as United States Cellular Corporation, and Telephone and Data Systems, Inc. (NYS...

Other symbols: TDS
9 months ago - PRNewsWire

TDS and UScellular to release second quarter operating results and host conference call on August 11, 2025

CHICAGO , July 25, 2025 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their second quarter operating results confer...

Other symbols: TDS
9 months ago - PRNewsWire

UScellular Announces Expected Amount of Special Dividend

Expects to issue special dividend of $22.50 - $23.75 per share to shareholders Contingent on closing the sale of the wireless operations and subject to board approval CHICAGO , July 24, 2025 /PRNewswi...

Other symbols: TDS
9 months ago - PRNewsWire

UScellular announces expected name change to Array Digital Infrastructure

Appoints Doug Chambers as interim President and CEO of Array SM Expects to close on the sale of the wireless operations on August 1 CHICAGO , July 24, 2025 /PRNewswire/ -- United States Cellular Corpo...

Other symbols: TDS
9 months ago - PRNewsWire