Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
7.06
+0.24 (3.52%)
Jul 22, 2025, 4:00 PM - Market closed
Array Technologies Stock Forecast
Stock Price Forecast
The 19 analysts that cover Array Technologies stock have a consensus rating of "Buy" and an average price target of $9.31, which forecasts a 31.87% increase in the stock price over the next year. The lowest target is $5 and the highest is $13.
Price Target: $9.31 (+31.87%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Array Technologies stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 | Jul '25 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 6 | 6 | 5 |
Buy | 4 | 4 | 4 | 4 | 4 | 4 |
Hold | 12 | 12 | 12 | 11 | 10 | 10 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 21 | 21 | 21 | 21 | 20 | 19 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Susquehanna | Susquehanna | Hold Maintains $5.5 → $7.5 | Hold | Maintains | $5.5 → $7.5 | +6.23% | Jul 21, 2025 |
Mizuho | Mizuho | Hold Reiterates $9 | Hold | Reiterates | $9 | +27.48% | Jun 27, 2025 |
Mizuho | Mizuho | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | +27.48% | Jun 20, 2025 |
JP Morgan | JP Morgan | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +84.14% | Jun 20, 2025 |
Wells Fargo | Wells Fargo | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +13.31% | Jun 20, 2025 |
Financial Forecast
Revenue This Year
1.14B
from 915.81M
Increased by 24.15%
Revenue Next Year
1.29B
from 1.14B
Increased by 13.19%
EPS This Year
0.65
from -1.95
EPS Next Year
0.85
from 0.65
Increased by 30.56%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 1.2B | 1.5B | 1.7B | ||
Avg | 1.1B | 1.3B | 1.4B | ||
Low | 1.0B | 1.1B | 1.1B |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 33.5% | 35.0% | 29.4% | ||
Avg | 24.2% | 13.2% | 9.7% | ||
Low | 12.5% | -5.4% | -17.1% |
EPS Forecast
EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | 0.86 | 1.19 | 1.44 | ||
Avg | 0.65 | 0.85 | 0.93 | ||
Low | 0.56 | 0.46 | 0.41 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|
High | - | 82.4% | 69.4% | ||
Avg | - | 30.6% | 9.0% | ||
Low | - | -29.5% | -51.3% |
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.