ARRAY TECHNOLOGIES INC (ARRY) Forecast, Price Target & Analyst Ratings

NASDAQ:ARRY • US04271T1007

Current stock price

7.82 USD
+0.09 (+1.16%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ARRAY TECHNOLOGIES INC (ARRY).

Forecast Snapshot

Consensus Price Target

Price Target
$11.33
+ 44.84% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
-$0.05
Revenue Estimate
206.51M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
75.63%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$11.33
Upside
+ 44.84%
From current price of $7.82 to mean target of $11.33, Based on 32 analyst forecasts
Low
$9.09
Median
$11.22
High
$15.75

Price Target Revisions

1 Month
0.73%
3 Months
2.16%

Price Target Summary

32 Wall Street analysts provided a forecast for the next 12 months for ARRY. The average price target is 11.33 USD. This implies a price increase of 44.84% is expected in the next year compared to the current price of 7.82.
The average price target has been revised upward by 2.16% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ARRY Current Analyst RatingARRY Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

ARRY Historical Analyst RatingsARRY Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 10 20 30

Analyst Ratings Consensus

ChartMill Buy Consensus
75.63%
ARRY was analyzed by 32 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about ARRY.
In the previous month the buy percentage consensus was at a similar level.
ARRY was analyzed by 32 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-02Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2026-02-26Deutsche BankDowngrade Buy -> Hold
2026-02-26OppenheimerMaintains Outperform -> Outperform
2026-02-26RBC CapitalMaintains Sector Perform -> Sector Perform
2026-02-26JP MorganMaintains Overweight -> Overweight
2026-01-14BarclaysMaintains Equal-Weight -> Equal-Weight
2026-01-09TD CowenUpgrade Hold -> Buy
2025-11-11UBSMaintains Buy -> Buy
2025-11-11Wells FargoMaintains Equal-Weight -> Equal-Weight
2025-11-10Seaport GlobalUpgrade Neutral -> Buy
2025-11-07BarclaysMaintains Equal-Weight -> Equal-Weight
2025-11-06TD CowenMaintains Hold -> Hold
2025-10-21CitigroupMaintains Buy -> Buy
2025-10-16JP MorganMaintains Overweight -> Overweight
2025-10-16Morgan StanleyMaintains Equal-Weight -> Equal-Weight
2025-10-13SusquehannaMaintains Neutral -> Neutral
2025-10-06GuggenheimMaintains Buy -> Buy
2025-10-02BarclaysDowngrade Overweight -> Equal-Weight
2025-09-30Deutsche BankInitiate Buy
2025-09-30BairdInitiate Outperform
2025-09-12B of A SecuritiesDowngrade Neutral -> Underperform
2025-08-11UBSMaintains Buy -> Buy
2025-07-21SusquehannaMaintains Neutral -> Neutral
2025-06-27MizuhoReiterate Neutral -> Neutral
2025-06-20MizuhoMaintains Neutral -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 4, 2026
Period
Q1 / 2026
EPS Estimate
-$0.05
Revenue Estimate
206.51M
Revenue Q2Q
-31.70%
EPS Q2Q
-136.63%
Number of Analysts
22

Next Earnings Revisions

Revenue (1 Month)
-40.05%
Revenue (3 Months)
-39.85%
EPS (1 Month)
-126.70%
EPS (3 Months)
-126.77%

Next Earnings Summary

ARRY is expected to report earnings on 5/4/2026. The consensus EPS estimate for the next earnings is -0.05 USD and the consensus revenue estimate is 206.51M USD.
The next earnings revenue estimate has been revised downward by 39.85% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2032

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030 2031 2032
Revenue
YoY % growth
ARRY revenue by date.ARRY revenue by date.
1.577B
-3.72%		915.807M
-41.91%		1.284B
40.22%		1.485B
15.64%		1.603B
7.95%		1.681B
4.87%		1.72B
2.32%		1.727B
0.41%		1.8B
4.23%		1.92B
6.67%
EBITDA
YoY % growth
ARRY ebitda by date.ARRY ebitda by date.
268.95M
203.90%		153.678M
-42.86%		150.369M
-2.15%		223.12M
48.38%		258.9M
16.04%		278.53M
7.58%		282.74M
1.51%		257.3M
-9.00%		256.02M
-0.50%		409.02M
59.76%
EBIT
YoY % growth
ARRY ebit by date.ARRY ebit by date.
214.124M
1,799.40%		100.899M
-52.88%		103.081M
2.16%		144.8M
40.47%		178.01M
22.94%		199.7M
12.18%		160.14M
-19.81%		132.6M
-17.20%		N/AN/A
Operating Margin
ARRY operating margin by date.ARRY operating margin by date.
13.58%11.02%8.03%9.75%11.10%11.88%9.31%7.68%N/AN/A
EPS
YoY % growth
ARRY eps by date.ARRY eps by date.
1.14
224.29%		0.59
-48.02%		0.67
13.56%		0.73
8.24%		0.89
23.12%		1.00
11.48%		1.04
4.45%		0.85
-18.65%		0.14
-83.12%		N/A

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		-0.05
-136.63%		0.21
-17.08%		0.26
-14.07%		0.17
1,811.56%		0.21
545.29%		0.23
11.97%		0.24
-5.38%		0.23
33.83%
Revenue
Q2Q % growth		206.51M
-31.70%		389.73M
7.59%		399.64M
1.56%		321.97M
42.44%		372.99M
80.62%		382.96M
-1.74%		397.43M
-0.55%		353.18M
9.69%
EBITDA
Q2Q % growth		9.328M
-74.69%		60.03M
-8.83%		74.37M
-3.52%		51.844M
65.86%		61.83M
562.84%		66.282M
10.41%		68.774M
-7.52%		60.139M
16.00%
EBIT
Q2Q % growth		-7.039M
-125.80%		43.643M
-5.89%		54.159M
19.16%		38.609M
340.85%		48.43M
788.02%		55.747M
27.73%		57.893M
6.89%		53.888M
39.57%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

ARRY Yearly Revenue VS EstimatesARRY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 500M 1B 1.5B
ARRY Yearly EPS VS EstimatesARRY Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0.2 0.4 0.6 0.8 1

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
14.10%
EPS Next 5 Year
4.77%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.00%
Revenue Next 5 Year
5.88%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
31.81%
EBIT Next 5 Year
16.16%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ARRAY TECHNOLOGIES INC / ARRY Forecast FAQ

What is the average price target for ARRAY TECHNOLOGIES INC (ARRY) stock?

32 analysts have analysed ARRY and the average price target is 11.33 USD. This implies a price increase of 44.84% is expected in the next year compared to the current price of 7.82.

When does ARRAY TECHNOLOGIES INC (ARRY) report earnings?

ARRAY TECHNOLOGIES INC (ARRY) will report earnings on 2026-05-04, after the market close.

Can you provide the consensus estimates for ARRAY TECHNOLOGIES INC next earnings?

The consensus EPS estimate for the next earnings of ARRAY TECHNOLOGIES INC (ARRY) is -0.05 USD and the consensus revenue estimate is 206.51M USD.

How do analysts rate ARRAY TECHNOLOGIES INC (ARRY)?

The consensus rating for ARRAY TECHNOLOGIES INC (ARRY) is 75.625 / 100 . This indicates that analysts generally have a positive outlook on the stock.