Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
4.080
+0.190 (4.88%)
Oct 2, 2026, 4:00 PM EDT - Market closed

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 $8.53. The average 1-year stock price forecast is 109.07% higher than the current stock price, while the lowest is $5.00 (+22.55%) and the highest is $13 (+218.63%).

Price Target: $8.53 (+109.07%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$5.00$8.53$8.00$13
Change+22.55%+109.07%+96.08%+218.63%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy11111110109
Buy222111
Hold111111121113
Sell000000
Strong Sell000000
Total242424232223

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Dimple Gosai
Piper Sandler
Piper Sandler
Hold
Maintains
$5 → $4
HoldMaintains$5 → $4-1.96%Sep 30, 2026
Jefferies
Jefferies
Buy
Initiates
$7
BuyInitiates$7+71.57%Sep 29, 2026
UBS
UBS
Hold
Downgrades
$10 → $5
HoldDowngrades$10 → $5+22.55%Sep 18, 2026
Citi
Citi
Buy
Maintains
$12
BuyMaintains$12+194.12%Aug 25, 2026
RBC Capital
RBC Capital
Hold
Maintains
$9
HoldMaintains$9+120.59%Aug 21, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.45B
from 1.28B
Increased by 13.00%
Revenue Next Year
1.63B
from 1.45B
Increased by 12.00%
EPS This Year
0.77
from 0.67
Increased by 14.48%
EPS Next Year
0.95
from 0.77
Increased by 23.68%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
853.32M1.64B1.58B915.81M1.28B1.45B
Revenue Growth
-2.22%91.90%-3.73%-41.91%40.22%13.00%
Gross Profit
68.30M212.72M415.55M293.68M328.07M399.61M
Gross Margin
8.00%12.99%26.36%32.07%25.55%27.54%
Operating Income
-22.05M-17.04M217.09M94.02M113.86M147.14M
Net Income
-50.40M4.43M137.24M-240.39M-52.24M49.43M
EPS
----0.670.77
EPS Growth
----11.67%14.48%
Forward PE
39.8021.2914.718.5612.355.32
Free Cash Flow
----79.81M60.33M
FFO
-----139.60M
No. Analysts
-----6
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
15.3%
Avg
13.0%
Low
11.0%

EPS Forecast

EPS202620272028
High0.86
Avg0.77
Low0.70

EPS Growth

EPS Growth202620272028
High
28.4%
Avg
14.5%
Low
4.5%