Array Technologies Inc
NASDAQ:ARRY

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Array Technologies Inc
NASDAQ:ARRY
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Price: 6.59 USD -1.35% Market Closed
Market Cap: 1B USD
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Wall Street
Price Targets

ARRY Price Targets Summary
Array Technologies Inc

Wall Street analysts forecast ARRY stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ARRY is 12.65 USD with a low forecast of 8.08 USD and a high forecast of 23.1 USD.

Lowest
Price Target
8.08 USD
23% Upside
Average
Price Target
12.65 USD
92% Upside
Highest
Price Target
23.1 USD
251% Upside

ARRY Last Price Targets
Array Technologies Inc

The latest public price target was made on Oct 21, 2024 by Julian Dumoulin-Smith from Jefferies , who expects ARRY stock to rise by 21% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Julian Dumoulin-Smith
Jefferies
8 USD
Upside 21%
3 weeks ago
Oct 21, 2024
Array Technologies (ARRY) PT Lowered to $8 at Jefferies
StreetInsider
Jordan Levy
Truist Financial
10 USD
Upside 52%
4 weeks ago
Oct 16, 2024
Array Technologies (ARRY) PT Lowered to $10 at Truist Securities
StreetInsider
Ameet Thakkar
BMO Capital
9 USD
Upside 37%
4 weeks ago
Oct 14, 2024
Array Technologies price target lowered to $9 from $11 at BMO Capital
TheFly
Julian Dumoulin-Smith
Jefferies
11 USD
Upside 67%
2 months ago
Sep 3, 2024
Jefferies Starts Array Technologies (ARRY) at Buy
StreetInsider
Tom Curran
Seaport Global
17 USD
Upside 158%
3 months ago
Aug 12, 2024
Array Technologies price target lowered to $17 from $22 at Seaport Research
TheFly
Dimple Gosai
Bank of America Securities
11 USD
Upside 67%
3 months ago
Aug 11, 2024
Array Technologies price target lowered to $11 from $18 at BofA
TheFly
Jon Windham
UBS
16 USD
Upside 143%
3 months ago
Aug 9, 2024
Array Technologies price target lowered to $16 from $24 at UBS
TheFly
Ameet Thakkar
BMO Capital
11 USD
Upside 67%
3 months ago
Aug 9, 2024
Array Technologies (ARRY) PT Lowered to $11 at BMO Capital
StreetInsider
Kashy Harrison
Piper Sandler
8 USD
Upside 21%
3 months ago
Aug 9, 2024
Array Technologies (ARRY) PT Lowered to $8 at Piper Sandler
StreetInsider
Michael Blum
Wells Fargo
10 USD
Upside 52%
3 months ago
Aug 9, 2024
Array Technologies price target lowered to $10 from $14 at Wells Fargo
TheFly
Colin Rusch
Oppenheimer
17 USD
Upside 158%
3 months ago
Aug 9, 2024
Array Technologies (ARRY) PT Lowered to $17 at Oppenheimer
StreetInsider
Joseph Osha
Guggenheim
18 USD
Upside 173%
4 months ago
Jul 11, 2024
Array Technologies price target lowered to $18 from $22 at Guggenheim
TheFly
Tristan Richardson
Scotiabank
17 USD
Upside 158%
4 months ago
Jul 8, 2024
Array Technologies price target lowered to $17 from $18 at Scotiabank
TheFly
Michael Blum
Wells Fargo
14 USD
Upside 112%
5 months ago
May 17, 2024
Array Technologies (ARRY) PT Lowered to $14 at Wells Fargo
StreetInsider
Colin Rusch
Oppenheimer
20 USD
Upside 203%
6 months ago
May 10, 2024
Array Technologies upgraded to Outperform from Perform at Oppenheimer
TheFly
Kashy Harrison
Piper Sandler
14 USD
Upside 112%
6 months ago
May 10, 2024
Array Technologies (ARRY) PT Raised to $14 at Piper Sandler
StreetInsider
Kashy Harrison
Piper Sandler
13 USD
Upside 97%
7 months ago
Apr 11, 2024
Array Technologies (ARRY) PT Raised to $13 at Piper Sandler
StreetInsider
Christine Cho
Barclays
18 USD
Upside 173%
7 months ago
Apr 2, 2024
Barclays Upgrades Array Technologies (ARRY) to Overweight
StreetInsider
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Julian Dumoulin-Smith
Jefferies
Price Target 8 USD
Upside/Downside 21%
View Source
Jordan Levy
Truist Financial
Price Target 10 USD
Upside/Downside 52%
View Source
Ameet Thakkar
BMO Capital
Price Target 9 USD
Upside/Downside 37%
View Source
Julian Dumoulin-Smith
Jefferies
Price Target 11 USD
Upside/Downside 67%
View Source
Tom Curran
Seaport Global
Price Target 17 USD
Upside/Downside 158%
View Source
Dimple Gosai
Bank of America Securities
Price Target 11 USD
Upside/Downside 67%
View Source
Jon Windham
UBS
Price Target 16 USD
Upside/Downside 143%
View Source
Ameet Thakkar
BMO Capital
Price Target 11 USD
Upside/Downside 67%
View Source
Kashy Harrison
Piper Sandler
Price Target 8 USD
Upside/Downside 21%
View Source
Michael Blum
Wells Fargo
Price Target 10 USD
Upside/Downside 52%
View Source
Colin Rusch
Oppenheimer
Price Target 17 USD
Upside/Downside 158%
View Source
Joseph Osha
Guggenheim
Price Target 18 USD
Upside/Downside 173%
View Source
Tristan Richardson
Scotiabank
Price Target 17 USD
Upside/Downside 158%
View Source
Michael Blum
Wells Fargo
Price Target 14 USD
Upside/Downside 112%
View Source
Colin Rusch
Oppenheimer
Price Target 20 USD
Upside/Downside 203%
View Source
Kashy Harrison
Piper Sandler
Price Target 14 USD
Upside/Downside 112%
View Source
Kashy Harrison
Piper Sandler
Price Target 13 USD
Upside/Downside 97%
View Source
Christine Cho
Barclays
Price Target 18 USD
Upside/Downside 173%
View Source
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Array Technologies Inc Competitors:
Price Targets
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9% Upside
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AMETEK Inc
2% Downside
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Zhejiang Zhaolong Interconnect Technology Co Ltd
6% Upside
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Powell Industries Inc
42% Downside
300073
Beijing Easpring Material Technology CO LTD
21% Downside
058610
SPG Co Ltd
88% Upside
688006
Zhejiang HangKe Technology Incorporated Co
12% Downside

Revenue
Forecast

Revenue Estimate
Array Technologies Inc

For the last 4 years the compound annual growth rate for Array Technologies Inc's revenue is 25%. The projected CAGR for the next 3 years is -4%.

25%
Past Growth
-4%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Operating Income
Forecast

Operating Income Estimate
Array Technologies Inc

For the last 4 years the compound annual growth rate for Array Technologies Inc's operating income is 27%. The projected CAGR for the next 3 years is 8%.

27%
Past Growth
8%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Array Technologies Inc

For the last 4 years the compound annual growth rate for Array Technologies Inc's net income is 21%. The projected CAGR for the next 3 years is 26%.

21%
Past Growth
26%
Estimated Growth
N/A
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ARRY's stock price target?
Price Target
12.65 USD

According to Wall Street analysts, the average 1-year price target for ARRY is 12.65 USD with a low forecast of 8.08 USD and a high forecast of 23.1 USD.

What is Array Technologies Inc's Revenue forecast?
Projected CAGR
-4%

For the last 4 years the compound annual growth rate for Array Technologies Inc's revenue is 25%. The projected CAGR for the next 3 years is -4%.

What is Array Technologies Inc's Operating Income forecast?
Projected CAGR
8%

For the last 4 years the compound annual growth rate for Array Technologies Inc's operating income is 27%. The projected CAGR for the next 3 years is 8%.

What is Array Technologies Inc's Net Income forecast?
Projected CAGR
26%

For the last 4 years the compound annual growth rate for Array Technologies Inc's net income is 21%. The projected CAGR for the next 3 years is 26%.

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