Array Technologies, Inc. (ARRY)
NASDAQ: ARRY · Real-Time Price · USD
6.44
-0.06 (-0.92%)
At close: Jun 27, 2025, 4:00 PM
6.45
+0.01 (0.16%)
After-hours: Jun 27, 2025, 7:18 PM EDT
Array Technologies Stock Forecast
Stock Price Forecast
According to 19 professional analysts, the 12-month price target for Array Technologies stock ranges from a low of $5.00 to a high of $14. The average analyst price target of $9.47 forecasts a 47.05% increase in the stock price over the next year.
Price Target: $9.47 (+47.05%)
Analyst Consensus: Buy
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
| Rating | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 | Jun '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Buy | 6 | 4 | 4 | 4 | 4 | 4 |
| Hold | 10 | 12 | 12 | 12 | 11 | 10 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 21 | 21 | 21 | 21 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Reiterates $9 | Hold | Reiterates | $9 | +39.75% | Jun 27, 2025 |
| Mizuho | Mizuho | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | +39.75% | Jun 20, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +101.86% | Jun 20, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $7 → $8 | Hold | Maintains | $7 → $8 | +24.22% | Jun 20, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $7 → $10 | Strong Buy | Maintains | $7 → $10 | +55.28% | May 20, 2025 |
Financial Forecast
Revenue This Year
1.13B
from 915.81M
Increased by 23.50%
Revenue Next Year
1.26B
from 1.13B
Increased by 11.23%
EPS This Year
0.64
from -1.95
EPS Next Year
0.81
from 0.64
Increased by 26.54%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.2B | 1.4B | 1.5B | ||
| Avg | 1.1B | 1.3B | 1.4B | ||
| Low | 1.0B | 1.1B | 1.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 33.5% | 21.5% | 22.6% | ||
| Avg | 23.5% | 11.2% | 9.5% | ||
| Low | 12.5% | -4.9% | -15.2% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.71 | 1.06 | 1.30 | ||
| Avg | 0.64 | 0.81 | 0.89 | ||
| Low | 0.56 | 0.46 | 0.41 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 65.5% | 60.6% | ||
| Avg | - | 26.5% | 9.4% | ||
| Low | - | -28.4% | -49.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.