Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
4.690
-0.020 (-0.42%)
At close: Aug 21, 2026, 4:00 PM EDT
4.710
+0.020 (0.43%)
After-hours: Aug 21, 2026, 7:55 PM EDT

Array Technologies Stock Forecast

Stock Price Forecast

According to 22 analysts polled by S&P Global, Array Technologies stock has a consensus rating of "Buy" and an average price target of $9.11. The average 1-year stock price forecast is 94.24% higher than the current stock price, while the lowest is $6.00 (+27.93%) and the highest is $13 (+177.19%).

Price Target: $9.11 (+94.24%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$6.00$9.11$9.00$13
Change+27.93%+94.24%+91.90%+177.19%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy111111111010
Buy222211
Hold101111111211
Sell100000
Strong Sell100000
Total252424242322

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Barclays
Barclays
Hold
Maintains
$8
HoldMaintains$8+70.58%Aug 21, 2026
RBC Capital
RBC Capital
Hold
Maintains
$9
HoldMaintains$9+91.90%Aug 21, 2026
Mizuho Securities
Mizuho Securities
Hold
Maintains
$7
HoldMaintains$7+49.25%Aug 12, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$10$11
BuyMaintains$10$11+134.54%Aug 10, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$10
BuyReiterates$10+113.22%Aug 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.44B
from 1.28B
Increased by 12.35%
Revenue Next Year
1.61B
from 1.44B
Increased by 11.92%
EPS This Year
0.74
from 0.67
Increased by 10.98%
EPS Next Year
0.90
from 0.74
Increased by 20.53%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
853.32M1.64B1.58B915.81M1.28B1.44B
Revenue Growth
-2.22%91.90%-3.73%-41.91%40.22%12.35%
Gross Profit
68.30M212.72M415.55M293.68M328.07M383.35M
Gross Margin
8.00%12.99%26.36%32.07%25.55%26.57%
Operating Income
-22.05M-17.04M217.09M94.02M113.86M135.51M
Net Income
-50.40M4.43M137.24M-240.39M-52.24M33.47M
EPS
----0.670.74
EPS Growth
----11.67%10.98%
Forward PE
39.8021.2914.718.5612.356.31
Free Cash Flow
-249.48M50.72M173.50M139.40M68.79M89.55M
FFO
-----139.60M
No. Analysts
-----18
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

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

Revenue Growth

Revenue Growth202620272028
High
17.0%
Avg
12.3%
Low
6.0%

EPS Forecast

EPS202620272028
High0.87
Avg0.74
Low0.69

EPS Growth

EPS Growth202620272028
High
29.9%
Avg
11.0%
Low
3.0%