Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
8.75
+0.09 (1.04%)
Nov 3, 2025, 1:01 PM EST - Market open
Array Technologies Stock Forecast
Stock Price Forecast
The 18 analysts that cover Array Technologies stock have a consensus rating of "Buy" and an average price target of $9.92, which forecasts a 13.37% increase in the stock price over the next year. The lowest target is $5.00 and the highest is $15.
Price Target: $9.92 (+13.37%)
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 | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 5 | 5 | 6 | 7 |
| Buy | 4 | 4 | 4 | 4 | 4 | 3 |
| Hold | 11 | 10 | 10 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 21 | 20 | 19 | 18 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $8.5 → $13 | Strong Buy | Maintains | $8.5 → $13 | +42.86% | Oct 21, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $6 → $8 | Hold | Maintains | $6 → $8 | -8.57% | Oct 16, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $13 → $15 | Buy | Maintains | $13 → $15 | +71.43% | Oct 16, 2025 |
| Susquehanna | Susquehanna | Hold Maintains $6.25 → $9 | Hold | Maintains | $6.25 → $9 | +2.86% | Oct 13, 2025 |
| Guggenheim | Guggenheim | Strong Buy Maintains $12 → $15 | Strong Buy | Maintains | $12 → $15 | +71.43% | Oct 6, 2025 |
Financial Forecast
Revenue This Year
1.23B
from 915.81M
Increased by 34.42%
Revenue Next Year
1.41B
from 1.23B
Increased by 14.38%
EPS This Year
0.69
from -1.95
EPS Next Year
0.93
from 0.69
Increased by 35.37%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.3B | 1.6B | |||
| Avg | 1.2B | 1.4B | |||
| Low | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 43.4% | 30.4% | |||
| Avg | 34.4% | 14.4% | |||
| Low | 19.3% | -4.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.77 | 1.23 | |||
| Avg | 0.69 | 0.93 | |||
| Low | 0.60 | 0.66 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 79.0% | |||
| Avg | - | 35.4% | |||
| Low | - | -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.