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
TargetLowAverageMedianHigh
Price$5.00$9.31$9.00$13
Change-29.18%+31.87%+27.48%+84.14%

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

RatingFeb '25Mar '25Apr '25May '25Jun '25Jul '25
Strong Buy555665
Buy444444
Hold121212111010
Sell000000
Strong Sell000000
Total212121212019

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Susquehanna
Susquehanna
Hold
Maintains
$5.5$7.5
HoldMaintains$5.5$7.5+6.23%Jul 21, 2025
Mizuho
Mizuho
Hold
Reiterates
$9
HoldReiterates$9+27.48%Jun 27, 2025
Mizuho
Mizuho
Hold
Maintains
$8$9
HoldMaintains$8$9+27.48%Jun 20, 2025
JP Morgan
JP Morgan
Buy
Maintains
$12$13
BuyMaintains$12$13+84.14%Jun 20, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$7$8
HoldMaintains$7$8+13.31%Jun 20, 2025
More Analyst Ratings

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%
Fiscal YearFY 2020FY 2021FY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingDec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026Dec 31, 2027
Revenue
872.66M853.32M1.64B1.58B915.81M1.14B1.29B1.41B
Revenue Growth
34.69%-2.22%91.90%-3.73%-41.91%24.15%13.19%9.71%
EPS
0.49-0.51-0.290.56-1.950.650.850.93
EPS Growth
47.37%-----30.56%9.01%
Forward PE
-----10.868.317.63
No. Analysts
-----272716
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue20252026202720282029
High1.2B1.5B1.7B
Avg1.1B1.3B1.4B
Low1.0B1.1B1.1B

Revenue Growth

Revenue Growth20252026202720282029
High
33.5%
35.0%
29.4%
Avg
24.2%
13.2%
9.7%
Low
12.5%
-5.4%
-17.1%

EPS Forecast

EPS20252026202720282029
High0.861.191.44
Avg0.650.850.93
Low0.560.460.41

EPS Growth

EPS Growth20252026202720282029
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.