Array Technologies, Inc. (ARRY)

Array Technologies Stock Forecast

Stock Price Forecast

The 20 analysts that cover Array Technologies stock have a consensus rating of "Buy" and an average price target of $10.53, which forecasts a -7.71% decrease in the stock price over the next year. The lowest target is $5.00 and the highest is $15.

Price Target: $10.53 (-7.71%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$5.00	$10.53	$11	$15
Change	-56.18%	-7.71%	-3.59%	+31.46%

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	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26
Strong Buy	5	6	7	8	8	9
Buy	4	4	3	3	3	3
Hold	9	9	10	9	9	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	19	20	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christine Cho Barclays	Barclays	Hold Maintains $8 → $9	Hold	Maintains	$8 → $9	-21.12%	Jan 14, 2026
Jeffrey Osborne TD Cowen	TD Cowen	Hold → Strong Buy Upgrades $10 → $12	Hold → Strong Buy	Upgrades	$10 → $12	+5.17%	Jan 9, 2026
Jon Windham UBS	UBS	Strong Buy Maintains $9 → $15	Strong Buy	Maintains	$9 → $15	+31.46%	Nov 11, 2025
Michael Blum Wells Fargo	Wells Fargo	Hold Maintains $8 → $10	Hold	Maintains	$8 → $10	-12.36%	Nov 11, 2025
Tom Curran Seaport Global	Seaport Global	Hold → Strong Buy Upgrades $12	Hold → Strong Buy	Upgrades	$12	+5.17%	Nov 10, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.30B

Increased by 41.41%

from 915.81M

Revenue Next Year

1.47B

Increased by 13.82%

from 1.30B

EPS This Year

0.68

from -1.95

EPS Next Year

0.88

Increased by 28.61%

from 0.68

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	872.66M	853.32M	1.64B	1.58B	915.81M	1.30B	1.47B
Revenue Growth	34.69%	-2.22%	91.90%	-3.73%	-41.91%	41.41%	13.82%
EPS	0.49	-0.51	-0.29	0.56	-1.95	0.68	0.88
EPS Growth	47.37%	-	-	-	-	-	28.61%
Forward PE	-	-	-	-	-	16.68	12.97
No. Analysts	-	-	-	-	-	28	28

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	1.3B	1.7B
Avg	1.3B	1.5B
Low	1.2B	1.2B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	46.5%	34.4%
Avg	41.4%	13.8%
Low	34.3%	-4.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	0.75	1.10
Avg	0.68	0.88
Low	0.61	0.69

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	-	61.2%
Avg	-	28.6%
Low	-	1.4%

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.