Array Digital Infrastructure, Inc. (AD)

NYSE: AD · Real-Time Price · USD
50.02
-0.91 (-1.79%)
May 15, 2026, 4:00 PM EDT - Market closed
Market Cap4.32B -26.1%
Revenue (ttm)187.99M +58.3%
Net Income208.30M
EPS2.41
Shares Out 86.44M
PE Ratio12.55
Forward PE42.03
Dividend$33.25 (66.47%)
Ex-Dividend DateJan 23, 2026
Volume248,683
Open50.56
Previous Close50.93
Day's Range49.91 - 50.89
52-Week Range44.03 - 79.17
Beta0.19
AnalystsBuy
Price Target55.00 (+9.96%)
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 4 analysts, the average rating for AD stock is "Buy." The 12-month stock price target is $55.0, which is an increase of 9.96% from the latest price.

Price Target
$55.0
(9.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

FCC grants Verizon, U.S. Celluar applications to assign spectrum licenses

The FCC released an Order approving the applications of Verizon Wireless (VZ) and United States Cellular Corporation (AD) for consent to assign certain spectrum licenses to Verizon Wireless.”In this M...

Other symbols: VZ
2 days ago - TheFly

Array Digital cut to Sector Perform at RBC on reduced organic growth view

As previously reported, RBC Capital downgraded Array Digital (AD) (ARAY) to Sector Perform from Outperform with a price target of $52, down from $54. The firm attributes its rating change…

Other symbols: TDS
4 days ago - TheFly

STOCKHOLDER NOTIFICATION: Kaskela Law is Investigating Array Digital Infrastructure, Inc. (AD) and Encourages Long-Term Investors to Contact the Firm

The firm is investigating whether the company's representatives violated the securities laws or breached their fiduciary duties, causing investor losses Array's stock price has declined over 21% since...

4 days ago - GlobeNewsWire

Array Digital downgraded to Sector Perform from Outperform at RBC Capital

RBC Capital downgraded Array Digital (AD) to Sector Perform from Outperform with a price target of $52, down from $54.

4 days ago - TheFly

TDS AND ARRAY TO WEBCAST ANNUAL MEETINGS OF SHAREHOLDERS

CHICAGO, May 11, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. [NYSE: TDS] and Array Digital Infrastructure, Inc. [NYSE: AD] announce the following webcasts: Array℠ will hold its Annual Meetin...

Other symbols: TDS
5 days ago - PRNewsWire

Array Digital downgraded to Market Perform from Outperform at Raymond James

Raymond James analyst Ric Prentiss downgraded Array Digital (AD) to Market Perform from Outperform without a price target The company reported a Q1 beat and recently announced a proposed collapse…

6 days ago - TheFly

Array Digital Infrastructure Earnings Call Transcript: Q1 2026

TDS delivered record fiber address growth and announced a proposal to acquire all remaining Array shares, aiming to streamline operations and enhance capital flexibility. Array saw strong tower revenue growth and continued spectrum monetization, while both units maintained 2026 guidance.

8 days ago - Transcripts

Array Digital forms special committee to evaluate Telephone and Data proposal

Array Digital (AD) confirmed that its board of directors has received a non-binding proposal, dated May 7, 2026, from Telephone and Data Systems (TDS) to acquire all of the outstanding…

Other symbols: TDS
8 days ago - TheFly

Array reports first quarter 2026 results

Array reaffirms 2026 guidance CHICAGO, May 8, 2026 /PRNewswire/ --  As previously announced, Array will hold a teleconference on May 8, 2026, at 9 :00 a.m. CT . Listen to the call live via the Events ...

8 days ago - PRNewsWire

Telephone and Data proposes to acquire shares of Array Digital

Telephone and Data Systems (TDS) announced that it has submitted a proposal to the Board of Directors of Array Digital Infrastructure (AD) (“Array”) to acquire, by way of a merger,…

Other symbols: TDS
8 days ago - TheFly

Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS

CHICAGO, May 8, 2026 /PRNewswire/ -- Array Digital Infrastructure, Inc. (NYSE: AD) ("Array" or the "Company") confirmed today that its board of directors (the "Board") has received a non-binding propo...

Other symbols: TDS
8 days ago - PRNewsWire

Telephone and Data Systems Announces Proposal to Acquire Public Shares of Array Digital Infrastructure

Proposed transaction aims to streamline corporate structure and enhance capital flexibility to support TDS' long-term growth CHICAGO, May 8, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE...

Other symbols: TDS
9 days ago - PRNewsWire

Array Digital price target lowered to $54 from $60 at RBC Capital

RBC Capital analyst Jonathan Atkin lowered the firm’s price target on Array Digital (AD) to $54 from $60 and keeps an Outperform rating on the shares after its Q4 results…

Other symbols: SATS
2 months ago - TheFly

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.

2 months 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 price target lowered to $53 from $63 at Raymond James

Raymond James lowered the firm’s price target on Array Digital (AD) to $53 from $63 and keeps an Outperform rating on the shares. Array Digital’s 2026 guidance was in line…

Other symbols: TMUS
2 months ago - TheFly

Array Digital price target lowered to $57 from $63 at Citi

Citi analyst Michael Rollins lowered the firm’s price target on Array Digital (AD) to $57 from $63 and keeps a Buy rating on the shares. The firm updated the company’s…

2 months ago - TheFly

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.

3 months ago - Transcripts

Array Digital sees FY26 CapEx $25M-$35M

07:41 EST Array Digital (AD) sees FY26 CapEx $25M-$35M

3 months ago - TheFly

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...

3 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
3 months ago - PRNewsWire

Array Digital rises 8.1%

Array Digital (AD) is up 8.1%, or $4.37 to $58.02.

4 months ago - TheFly

Array Digital declares special cash dividend of $10.25 per share

Array Digital (AD) announced the successful closing of the previously announced agreement with AT&T (T) to sell a portion of the company’s retained spectrum licenses for total consideration of $1.018B...

Other symbols: CHTT
4 months ago - TheFly

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
4 months ago - PRNewsWire

Array Digital price target raised to $63 from $37 at Citi

Citi raised the firm’s price target on Array Digital (AD) to $63 from $37 and keeps a Buy rating on the shares. The firm cites a more optimistic view of…

4 months ago - TheFly