Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
4.840
+0.040 (0.83%)
At close: Nov 13, 2026, 4:00 PM EST
4.800
-0.040 (-0.83%)
After-hours: Nov 13, 2026, 7:30 PM EST

Array Technologies Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Array Technologies stock has a consensus rating of "Buy" and an average price target of $6.95. The average 1-year stock price forecast is 43.66% higher than the current stock price, while the lowest is $4.00 (-17.36%) and the highest is $12 (+147.93%).

Price Target: $6.95 (+43.66%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$4.00$6.95$6.00$12
Change-17.36%+43.66%+23.97%+147.93%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy11101010108
Buy211111
Hold111212141312
Sell000000
Strong Sell000000
Total242323252421

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Hold
Maintains
$6 → $7
HoldMaintains$6 → $7+44.63%Nov 12, 2026
UBS
UBS
Hold
Maintains
$5 → $5.5
HoldMaintains$5 → $5.5+13.64%Nov 10, 2026
RBC Capital
RBC Capital
Hold
Maintains
$5 → $6
HoldMaintains$5 → $6+23.97%Nov 9, 2026
Dimple Gosai
Piper Sandler
Piper Sandler
Hold
Maintains
$4 → $5
HoldMaintains$4 → $5+3.31%Nov 9, 2026
Guggenheim
Guggenheim
Buy
Maintains
$13 → $6
BuyMaintains$13 → $6+23.97%Oct 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.39B
from 1.28B
Increased by 8.22%
Revenue Next Year
1.59B
from 1.39B
Increased by 14.76%
EPS This Year
0.64
from 0.67
Decreased by -4.83%
EPS Next Year
0.87
from 0.64
Increased by 37.02%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
853.32M1.64B1.58B915.81M1.28B1.39B
Revenue Growth
-2.22%91.90%-3.73%-41.91%40.22%8.22%
Gross Profit
68.30M212.72M415.55M293.68M328.07M366.38M
Gross Margin
8.00%12.99%26.36%32.07%25.55%26.36%
Operating Income
-22.05M-17.04M217.09M94.02M113.86M125.76M
Net Income
-50.40M4.43M137.24M-240.39M-52.24M17.42M
EPS
----0.670.64
EPS Growth
----11.67%-4.83%
Forward PE
39.8021.2914.718.5612.357.59
Free Cash Flow
----79.81M59.09M
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
15.3%
Avg
8.2%
Low
5.6%

EPS Forecast

EPS202620272028
High0.74
Avg0.64
Low0.60

EPS Growth

EPS Growth202620272028
High
10.4%
Avg
-4.8%
Low
-10.4%