Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
5.08
-0.03 (-0.59%)
At close: Mar 28, 2025, 4:00 PM
5.04
-0.04 (-0.79%)
After-hours: Mar 28, 2025, 7:42 PM EDT
Array Technologies Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Array Technologies stock have an average target of 9.87, with a low estimate of 6.00 and a high estimate of 17. The average target predicts an increase of 94.29% from the current stock price of 5.08.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Array Technologies stock from 21 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 5 | 5 | 5 | 5 | 5 |
Buy | 7 | 7 | 7 | 6 | 4 | 4 |
Hold | 9 | 10 | 9 | 10 | 12 | 12 |
Sell | 1 | 1 | 1 | 1 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 23 | 23 | 22 | 22 | 21 | 21 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
RBC Capital | RBC Capital | Hold Initiates $7 | Hold | Initiates | $7 | +37.80% | Mar 17, 2025 |
Barclays | Barclays | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +57.48% | Mar 6, 2025 |
UBS | UBS | Strong Buy Maintains $10 → $7 | Strong Buy | Maintains | $10 → $7 | +37.80% | Mar 4, 2025 |
Susquehanna | Susquehanna | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | +18.11% | Mar 3, 2025 |
Truist Securities | Truist Securities | Strong Buy Reiterates $10 → $8 | Strong Buy | Reiterates | $10 → $8 | +57.48% | Mar 3, 2025 |
Financial Forecast
Revenue This Year
1.12B
from 915.81M
Increased by 22.51%
Revenue Next Year
1.25B
from 1.12B
Increased by 11.68%
EPS This Year
0.81
from -1.95
EPS Next Year
0.95
from 0.81
Increased by 18.04%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 1.2B | 1.4B | 1.6B | ||
Avg | 1.1B | 1.3B | 1.4B | ||
Low | 988.5M | 1.0B | 1.3B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 34.7% | 23.3% | 24.3% | ||
Avg | 22.5% | 11.7% | 13.5% | ||
Low | 7.9% | -7.5% | 2.0% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 1.29 | 1.58 | 1.69 | ||
Avg | 0.81 | 0.95 | 1.14 | ||
Low | 0.52 | 0.58 | 0.91 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | - | 95.3% | 77.6% | ||
Avg | - | 18.0% | 19.8% | ||
Low | - | -28.5% | -4.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.