Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
5.22
+0.14 (2.76%)
At close: Jul 31, 2026, 4:00 PM EDT
5.19
-0.03 (-0.54%)
After-hours: Jul 31, 2026, 7:50 PM EDT

Array Technologies Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Array Technologies stock has a consensus rating of "Buy" and an average price target of $9.82. The average 1-year stock price forecast is 88.12% higher than the current stock price, while the lowest is $6.00 (+14.94%) and the highest is $16 (+206.51%).

Price Target: $9.82 (+88.12%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$6.00$9.82$10$16
Change+14.94%+88.12%+91.57%+206.51%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy111111111110
Buy222221
Hold101011111112
Sell110000
Strong Sell110000
Total252524242423

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Buy
Maintains
$12$10
BuyMaintains$12$10+91.57%Jul 27, 2026
TD Cowen
TD Cowen
Buy
Maintains
$12
BuyMaintains$12+129.89%Jul 24, 2026
J.P. Morgan
J.P. Morgan
Hold
Downgrades
$10$8
HoldDowngrades$10$8+53.26%Jul 21, 2026
RBC Capital
RBC Capital
Hold
Maintains
$9
HoldMaintains$9+72.41%Jul 18, 2026
BMO Capital
BMO Capital
Hold
Maintains
$8$9
HoldMaintains$8$9+72.41%Jul 17, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.46B
from 1.28B
Increased by 13.95%
Revenue Next Year
1.61B
from 1.46B
Increased by 9.86%
EPS This Year
0.73
from 0.67
Increased by 8.76%
EPS Next Year
0.91
from 0.73
Increased by 24.84%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
853.32M1.64B1.58B915.81M1.28B1.46B
Revenue Growth
-2.22%91.90%-3.73%-41.91%40.22%13.95%
Gross Profit
68.30M212.72M415.55M293.68M328.07M380.52M
Gross Margin
8.00%12.99%26.36%32.07%25.55%26.00%
Operating Income
-22.05M-17.04M217.09M94.02M113.86M138.02M
Net Income
-50.40M4.43M137.24M-240.39M-52.24M36.52M
EPS
----0.670.73
EPS Growth
----11.67%8.76%
Forward PE
39.8021.2914.718.5612.357.16
Free Cash Flow
-249.48M50.72M173.50M139.40M68.79M88.80M
FFO
-----139.60M
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High1.5B
Avg1.5B
Low1.4B

Revenue Growth

Revenue Growth202620272028
High
17.0%
Avg
14.0%
Low
12.0%

EPS Forecast

EPS202620272028
High0.82
Avg0.73
Low0.66

EPS Growth

EPS Growth202620272028
High
23.0%
Avg
8.8%
Low
-1.5%