Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
9.08
-0.18 (-1.94%)
At close: May 29, 2026, 4:00 PM EDT
9.09
+0.01 (0.11%)
After-hours: May 29, 2026, 7:04 PM EDT
Array Technologies Stock Forecast
Stock Price Forecast
According to 24 analysts polled by S&P Global, Array Technologies stock has a consensus rating of "Buy" and an average price target of $10.23. The average 1-year stock price forecast is 12.67% higher than the current stock price, while the lowest is $8.00 (-11.89%) and the highest is $16 (+76.21%).
Price Target: $10.23 (+12.67%)
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 | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 13 | 12 | 11 | 11 | 11 | 11 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 11 | 11 | 10 | 10 | 11 | 11 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 1 | 1 | 0 | 0 |
| Total | 26 | 25 | 25 | 25 | 24 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Reiterates $8 | Hold | Reiterates | $8 | -11.89% | May 14, 2026 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | -11.89% | May 8, 2026 |
| Goldman Sachs | Goldman Sachs | Buy Maintains $11 → $12 | Buy | Maintains | $11 → $12 | +32.16% | May 7, 2026 |
| J.P. Morgan | J.P. Morgan | Buy Reiterates $9 → $10 | Buy | Reiterates | $9 → $10 | +10.13% | May 7, 2026 |
| Wolfe Research | Wolfe Research | Buy Reiterates $10 | Buy | Reiterates | $10 | +10.13% | May 7, 2026 |
Financial Forecast
Revenue This Year
1.49B
from 1.28B
Increased by 15.80%
Revenue Next Year
1.63B
from 1.49B
Increased by 9.68%
EPS This Year
0.74
from -0.73
EPS Next Year
0.93
from 0.74
Increased by 25.00%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 1.6B | 1.9B | |||||
| Avg | 1.5B | 1.6B | |||||
| Low | 1.4B | 1.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|---|
| High | 22.0% | 26.3% | |||||
| Avg | 15.8% | 9.7% | |||||
| Low | 8.2% | -3.1% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|---|---|
| High | 0.88 | 1.20 | ||||
| Avg | 0.74 | 0.93 | ||||
| Low | 0.66 | 0.76 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 |
|---|---|---|---|---|---|---|
| High | - | 61.5% | ||||
| Avg | - | 25.0% | ||||
| Low | - | 3.1% |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.