Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
3.190
-0.110 (-3.33%)
At close: Oct 23, 2026, 4:00 PM EDT
3.209
+0.018 (0.58%)
After-hours: Oct 23, 2026, 7:42 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 $7.26. The average 1-year stock price forecast is 127.55% higher than the current stock price, while the lowest is $4.00 (+25.39%) and the highest is $13 (+307.52%).

Price Target: $7.26 (+127.55%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$4.00$7.26$6.50$13
Change+25.39%+127.55%+103.76%+307.52%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111110101010
Buy221111
Hold111112121413
Sell000000
Strong Sell000000
Total242423232524

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
BMO Capital
BMO Capital
Hold
Reiterates
$7 → $6
HoldReiterates$7 → $6+88.09%Oct 21, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
$8 → $7
HoldReiterates$8 → $7+119.44%Oct 19, 2026
Mizuho Securities
Mizuho Securities
Buy
Upgrades
$7 → $5
BuyUpgrades$7 → $5+56.74%Oct 15, 2026
Morgan Stanley
Morgan Stanley
Hold
Maintains
$8 → $6
HoldMaintains$8 → $6+88.09%Oct 14, 2026
Susquehanna
Susquehanna
Hold
Reiterates
$6.75 → $4
HoldReiterates$6.75 → $4+25.39%Oct 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.44B
from 1.28B
Increased by 12.03%
Revenue Next Year
1.63B
from 1.44B
Increased by 13.37%
EPS This Year
0.75
from 0.67
Increased by 12.04%
EPS Next Year
0.93
from 0.75
Increased by 24.20%
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%12.03%
Gross Profit
68.30M212.72M415.55M293.68M328.07M392.96M
Gross Margin
8.00%12.99%26.36%32.07%25.55%27.31%
Operating Income
-22.05M-17.04M217.09M94.02M113.86M136.87M
Net Income
-50.40M4.43M137.24M-240.39M-52.24M39.44M
EPS
----0.670.75
EPS Growth
----11.67%12.04%
Forward PE
39.8021.2914.718.5612.354.25
Free Cash Flow
----79.81M51.80M
FFO
-----139.60M
No. Analysts
-----15
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
12.0%
Low
6.0%

EPS Forecast

EPS202620272028
High0.86
Avg0.75
Low0.64

EPS Growth

EPS Growth202620272028
High
28.4%
Avg
12.0%
Low
-3.9%