Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
8.00
+0.34 (4.44%)
At close: Jun 18, 2026, 4:00 PM EDT
7.91
-0.09 (-1.12%)
After-hours: Jun 18, 2026, 7:39 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 $10.27. The average 1-year stock price forecast is 28.37% higher than the current stock price, while the lowest is $8.00 (0.00%) and the highest is $16 (+100.00%).

Price Target: $10.27 (+28.37%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$8.00$10.27$10$16
Change0.00%+28.37%+25.00%+100.00%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy121111111111
Buy122222
Hold111010111111
Sell111000
Strong Sell011000
Total252525242424

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Roth MKM
Roth MKM
Hold
Reiterates
$9
HoldReiterates$9+12.50%Jun 12, 2026
Barclays
Barclays
Hold
Reiterates
$8
HoldReiterates$8n/aMay 14, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$7$8
HoldMaintains$7$8n/aMay 8, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$11$12
BuyMaintains$11$12+50.00%May 7, 2026
J.P. Morgan
J.P. Morgan
Buy
Reiterates
$9$10
BuyReiterates$9$10+25.00%May 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.46B
from 1.28B
Increased by 13.85%
Revenue Next Year
1.60B
from 1.46B
Increased by 9.75%
EPS This Year
0.73
from 0.67
Increased by 8.94%
EPS Next Year
0.90
from 0.73
Increased by 23.93%
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%13.85%
Gross Profit
68.30M212.72M415.55M293.68M328.07M380.78M
Gross Margin
8.00%12.99%26.36%32.07%25.55%26.05%
Operating Income
-22.05M-17.04M217.09M94.02M113.86M137.75M
Net Income
-50.40M4.43M137.24M-240.39M-52.24M35.49M
EPS
----0.670.73
EPS Growth
----11.67%8.94%
Forward PE
39.8021.2914.718.5612.3510.96
Free Cash Flow
-249.48M50.72M173.50M139.40M68.79M92.56M
FFO
-----139.60M
No. Analysts
-----21
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
16.2%
Avg
13.8%
Low
10.3%

EPS Forecast

EPS202620272028
High0.84
Avg0.73
Low0.69

EPS Growth

EPS Growth202620272028
High
25.4%
Avg
8.9%
Low
3.0%