Array Technologies - ARRY Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $19.75
  • Forecasted Upside: 42.09%
  • Number of Analysts: 19
  • Breakdown:
  • 1 Sell Ratings
  • 8 Hold Ratings
  • 10 Buy Ratings
  • 0 Strong Buy Ratings
$13.90
▲ +1.11 (8.68%)

This chart shows the closing price for ARRY by one month, three months, or twelve months.

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Analyst Price Target for ARRY

Analyst Price Target is $19.75
▲ +42.09% Upside Potential
This price target is based on 19 analysts offering 12 month price targets for Array Technologies in the last 3 months. The average price target is $19.75, with a high forecast of $37.00 and a low forecast of $12.00. The average price target represents a 42.09% upside from the last price of $13.90.

This chart shows the closing price for ARRY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 19 investment analysts is to hold stock in Array Technologies. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings
11/30/2022
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings
2/28/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings
5/29/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings
8/27/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings
11/25/2023
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings
2/23/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings
4/23/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings
5/23/2024

Latest Recommendations

  • 0 strong buy ratings
  • 10 buy ratings
  • 8 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/23/2024Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$18.00 ➝ $17.00N/A
5/17/2024Wells Fargo & CompanyLower TargetEqual Weight ➝ Equal Weight$16.00 ➝ $14.00N/A
5/10/2024Piper SandlerBoost TargetNeutral ➝ Neutral$13.00 ➝ $14.00N/A
5/10/2024OppenheimerUpgradeMarket Perform ➝ Outperform$20.00N/A
5/9/2024Roth MkmLower TargetBuy ➝ Buy$25.00 ➝ $20.00N/A
4/29/2024ScotiabankLower TargetSector Outperform ➝ Sector Outperform$25.00 ➝ $18.00N/A
4/19/2024MizuhoLower TargetNeutral ➝ Neutral$18.00 ➝ $16.00N/A
4/11/2024Piper SandlerBoost TargetNeutral ➝ Neutral$12.00 ➝ $13.00N/A
4/5/2024GuggenheimBoost TargetBuy ➝ Buy$20.00 ➝ $22.00N/A
4/2/2024BarclaysUpgradeEqual Weight ➝ Overweight$15.00 ➝ $18.00N/A
3/22/2024BMO Capital MarketsInitiated CoverageMarket Perform$16.00N/A
3/5/2024KeyCorpInitiated CoverageSector WeightN/A
2/29/2024The Goldman Sachs GroupLower TargetBuy ➝ Buy$31.00 ➝ $27.00N/A
2/29/2024Truist FinancialLower TargetBuy ➝ Buy$25.00 ➝ $23.00N/A
2/28/2024Cantor FitzgeraldLower TargetOverweight ➝ Overweight$22.00 ➝ $18.00N/A
2/28/2024Piper SandlerLower TargetNeutral ➝ Neutral$22.00 ➝ $12.00N/A
2/28/2024JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$35.00 ➝ $29.00N/A
2/28/2024MizuhoReiterated RatingNeutral ➝ Neutral$20.00 ➝ $18.00N/A
2/28/2024TD CowenLower TargetMarket Perform$22.50 ➝ $16.50N/A
2/28/2024BNP ParibasReiterated RatingNeutral ➝ Underperform$12.00N/A
1/23/2024Truist FinancialLower TargetBuy ➝ Buy$30.00 ➝ $25.00N/A
1/22/2024BarclaysDowngradeOverweight ➝ Equal Weight$22.00 ➝ $15.00N/A
1/8/2024Wells Fargo & CompanyDowngradeOverweight ➝ Equal Weight$22.00 ➝ $19.00N/A
1/3/2024MizuhoBoost TargetNeutral ➝ Neutral$19.00 ➝ $20.00N/A
12/19/2023Piper SandlerDowngradeOverweight ➝ Neutral$26.00 ➝ $22.00N/A
12/15/2023Jefferies Financial GroupInitiated CoverageHold$18.00N/A
12/8/2023Morgan StanleyLower TargetEqual Weight ➝ Equal Weight$23.00 ➝ $19.00N/A
11/21/2023MizuhoInitiated CoverageNeutral$19.00N/A
11/9/2023Truist FinancialLower TargetBuy ➝ Buy$38.00 ➝ $30.00N/A
11/8/2023GuggenheimLower TargetBuy ➝ Buy$36.00 ➝ $30.00N/A
11/8/2023JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$32.00 ➝ $30.00N/A
11/7/2023The Goldman Sachs GroupLower TargetBuy ➝ Buy$36.00 ➝ $31.00N/A
10/20/2023BNP ParibasInitiated CoverageNeutral$21.00N/A
10/19/2023JPMorgan Chase & Co.Lower TargetOverweight ➝ Overweight$35.00 ➝ $32.00N/A
10/17/2023Morgan StanleyUpgradeUnderweight ➝ Equal Weight$18.00 ➝ $23.00N/A
9/28/2023BarclaysBoost TargetOverweight ➝ Overweight$28.00 ➝ $30.00N/A
9/12/2023Truist FinancialBoost TargetBuy ➝ Buy$32.00 ➝ $38.00N/A
9/6/2023Morgan StanleyBoost TargetUnderweight ➝ Underweight$16.00 ➝ $18.00N/A
8/11/2023Wells Fargo & CompanyBoost TargetOverweight ➝ Overweight$28.00 ➝ $31.00N/A
8/10/2023The Goldman Sachs GroupBoost TargetBuy ➝ Buy$28.00 ➝ $32.00N/A
8/9/2023JPMorgan Chase & Co.Boost TargetOverweight ➝ Overweight$33.00 ➝ $35.00N/A
7/25/2023Truist FinancialBoost TargetBuy$28.00 ➝ $32.00N/A
7/19/2023JPMorgan Chase & Co.Boost Target$31.00 ➝ $33.00N/A
6/28/2023Janney Montgomery ScottInitiated CoverageBuy$37.00N/A
5/22/2023Piper SandlerBoost Target$25.00 ➝ $26.00N/A
5/18/2023Seaport Res PtnReiterated RatingBuyN/A
5/10/2023Piper SandlerLower Target$26.00 ➝ $25.00N/A
5/10/2023Cantor FitzgeraldLower Target$26.00 ➝ $24.00N/A
5/10/2023BarclaysLower Target$29.00 ➝ $28.00N/A
4/11/2023Wolfe ResearchInitiated CoverageOutperform$25.00N/A
4/3/2023Morgan StanleyBoost TargetUnderweight$16.00 ➝ $17.00N/A
3/28/2023Truist FinancialUpgradeHold ➝ Buy$26.00N/A
3/22/2023GuggenheimLower TargetBuy$36.00 ➝ $35.00N/A
3/9/2023CitigroupInitiated CoverageNeutral$24.00N/A
3/7/2023Piper SandlerLower TargetOverweight$28.00 ➝ $26.00N/A
3/1/2023ScotiabankInitiated CoverageSector Outperform$26.00N/A
2/28/2023Truist FinancialBoost TargetHold$17.00 ➝ $22.00N/A
2/17/2023BarclaysBoost Target$22.00 ➝ $29.00N/A
1/6/2023Bank of AmericaInitiated CoverageBuyN/A
12/23/2022Cantor FitzgeraldInitiated CoverageOverweight$26.00N/A
12/6/2022Wells Fargo & CompanyInitiated CoverageOverweight$28.00N/A
11/9/2022Northland SecuritiesBoost Target$26.00 ➝ $30.00N/A
11/2/2022Morgan StanleyLower TargetUnderweight$17.00 ➝ $16.00N/A
10/20/2022JPMorgan Chase & Co.Lower TargetOverweight$34.00 ➝ $31.00N/A
10/18/2022Truist FinancialLower TargetHold$23.00 ➝ $17.00N/A
9/19/2022Piper SandlerUpgradeNeutral ➝ Overweight$20.00 ➝ $28.00N/A
9/8/2022The Goldman Sachs GroupBoost TargetBuy$25.00 ➝ $32.00N/A
9/6/2022GuggenheimBoost TargetBuy$24.00 ➝ $31.00N/A
8/18/2022Morgan StanleyDowngradeEqual Weight ➝ Underweight$17.00 ➝ $15.00N/A
8/15/2022CowenBoost Target$23.00N/A
8/11/2022Credit Suisse GroupBoost TargetOutperform$20.00 ➝ $24.00N/A
8/10/2022The Goldman Sachs GroupBoost TargetBuy$18.00 ➝ $25.00N/A
8/10/2022Truist FinancialBoost TargetHold$13.00 ➝ $23.00N/A
8/10/2022BarclaysBoost Target$20.00 ➝ $22.00N/A
8/8/2022JPMorgan Chase & Co.Boost TargetOverweight$28.00 ➝ $33.00N/A
8/5/2022BarclaysInitiated CoverageOverweight$20.00N/A
7/25/2022Credit Suisse GroupLower TargetOutperform$21.00 ➝ $16.00N/A
7/20/2022JPMorgan Chase & Co.Boost Target$26.00 ➝ $28.00N/A
7/19/2022Piper SandlerBoost TargetNeutral$10.00 ➝ $14.00N/A
7/14/2022Truist FinancialBoost TargetHold$8.00 ➝ $13.00N/A
6/29/2022Morgan StanleyBoost TargetEqual Weight$14.00 ➝ $15.00N/A
6/13/2022Morgan StanleyLower TargetEqual Weight$17.00 ➝ $14.00N/A
6/9/2022UBS GroupBoost Target$20.00N/A
6/6/2022Roth CapitalUpgradeNeutral ➝ BuyN/A
5/23/2022Northland SecuritiesInitiated CoverageOutperform$18.00N/A
5/17/2022GuggenheimLower TargetNA$15.00N/A
5/12/2022OppenheimerReiterated RatingMarket PerformN/A
5/12/2022Truist FinancialLower Target$14.00 ➝ $8.00N/A
5/11/2022Roth CapitalDowngradeBuy ➝ Neutral$25.00 ➝ $7.00N/A
5/3/2022Truist FinancialInitiated CoverageHold$14.00N/A
4/21/2022Piper SandlerLower Target$16.00 ➝ $12.00N/A
4/19/2022JPMorgan Chase & Co.Lower TargetOverweight$33.00 ➝ $30.00N/A
4/6/2022GuggenheimUpgradeNeutral ➝ Buy$18.00N/A
1/24/2022Truist FinancialLower TargetHold$27.00 ➝ $14.00N/A
1/20/2022JPMorgan Chase & Co.Lower Target$38.00 ➝ $32.00N/A
1/18/2022GuggenheimInitiated CoverageNeutralN/A
1/13/2022Morgan StanleyLower TargetEqual Weight$21.00 ➝ $18.00N/A
1/10/2022The Goldman Sachs GroupLower TargetBuy$27.00 ➝ $24.00N/A
1/7/2022Piper SandlerBoost Target$20.00 ➝ $21.00N/A
12/14/2021Colliers SecuritiesInitiated CoverageBuy$23.00N/A
12/2/2021Morgan StanleyBoost TargetEqual Weight$20.00 ➝ $21.00N/A
10/20/2021BarclaysDowngradeEqual Weight ➝ Underweight$16.00 ➝ $15.00N/A
10/20/2021GuggenheimDowngradeBuy ➝ Neutral$24.42N/A
10/15/2021Truist FinancialInitiated CoveragePositive ➝ Hold$23.00N/A
9/8/2021Morgan StanleyBoost TargetEqual Weight$19.00 ➝ $20.00N/A
8/26/2021Piper SandlerBoost TargetNeutral$17.00 ➝ $18.00N/A
8/12/2021GuggenheimInitiated CoverageBuy$28.00N/A
8/10/2021Roth CapitalUpgradeNeutral ➝ Buy$25.00N/A
7/20/2021BarclaysUpgradeUnderweight ➝ Equal Weight$15.00N/A
7/15/2021Piper SandlerLower TargetOverweight$27.00 ➝ $24.00N/A
7/14/2021Credit Suisse GroupInitiated CoverageOutperform$31.00 ➝ $27.70N/A
5/24/2021BarclaysLower TargetUnderweight$16.00 ➝ $15.00N/A
5/20/2021Morgan StanleyLower TargetEqual Weight$30.00 ➝ $19.00N/A
5/18/2021Piper SandlerReiterated RatingOverweight ➝ Neutral$53.00 ➝ $27.00N/A
5/18/2021BarclaysReiterated RatingOverweight ➝ Underweight$32.00 ➝ $16.00N/A
5/18/2021Roth CapitalReiterated RatingBuy ➝ Neutral$53.00 ➝ $25.00N/A
5/18/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$42.00 ➝ $31.00N/A
5/14/2021Morgan StanleyLower TargetEqual Weight$30.00 ➝ $19.00N/A
5/12/2021Credit Suisse GroupUpgradeNeutral ➝ Outperform$42.00 ➝ $31.00N/A
5/12/2021CowenLower TargetMarket Perform$45.50 ➝ $24.00N/A
5/12/2021Roth CapitalDowngradeBuy ➝ Neutral$53.00 ➝ $25.00N/A
5/12/2021BarclaysDowngradeOverweight ➝ Underweight$32.00 ➝ $16.00N/A
5/12/2021Piper SandlerDowngradeOverweight ➝ Neutral$53.00 ➝ $27.00N/A
4/28/2021BarclaysUpgradeEqual Weight ➝ Overweight$40.00 ➝ $32.00N/A
4/22/2021BarclaysUpgradeEqual Weight ➝ Overweight$40.00 ➝ $32.00N/A
4/21/2021UBS GroupUpgradeNeutral ➝ Buy$43.00N/A
4/15/2021UBS GroupUpgradeNeutral ➝ Buy$43.00N/A
3/29/2021Morgan StanleyUpgradeUnderweight ➝ Equal Weight$30.00N/A
3/16/2021Morgan StanleyLower TargetUnderweight$40.00 ➝ $33.00N/A
3/10/2021Johnson RiceUpgradeAccumulate ➝ Buy$50.00N/A
3/10/2021Morgan StanleyLower TargetUnderweight$40.00 ➝ $33.00N/A
3/10/2021Roth CapitalLower TargetBuy$60.00 ➝ $53.00N/A
3/8/2021JPMorgan Chase & Co.Lower TargetOverweight$54.00 ➝ $46.00N/A
2/22/2021BarclaysLower TargetEqual Weight$52.00 ➝ $46.00N/A
2/4/2021Roth CapitalBoost TargetBuy$55.00 ➝ $60.00N/A
1/20/2021JPMorgan Chase & Co.Boost TargetOverweight$46.00 ➝ $54.00N/A
1/20/2021Credit Suisse GroupBoost TargetNeutral$37.00 ➝ $42.00N/A
1/20/2021Johnson RiceInitiated CoverageAccumulate$57.00N/A
1/7/2021Piper SandlerInitiated CoverageOverweight$60.00N/A
1/4/2021The Goldman Sachs GroupBoost TargetPositive ➝ Buy$50.00 ➝ $52.00N/A
12/9/2020Roth CapitalInitiated CoverageBuy$55.00N/A
12/9/2020JPMorgan Chase & Co.UpgradeNeutral ➝ Overweight$38.00 ➝ $41.00N/A
11/11/2020Cantor FitzgeraldDowngradeHold$48.00N/A
11/9/2020OppenheimerInitiated CoverageMarket PerformN/A
11/9/2020Morgan StanleyInitiated CoverageUnderweight$37.00N/A
11/9/2020UBS GroupInitiated CoverageNeutral$43.00N/A
11/9/2020GuggenheimInitiated CoverageBuy$54.00N/A
11/9/2020The Goldman Sachs GroupInitiated CoverageBuy$50.00N/A
11/9/2020JPMorgan Chase & Co.Initiated CoverageNeutral$38.00N/A
11/9/2020BarclaysInitiated CoverageEqual Weight$46.00N/A
11/9/2020CowenInitiated CoverageMarket Perform$45.50N/A
11/9/2020Credit Suisse GroupInitiated CoverageNeutral$37.00N/A
7/12/2019JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$29.00 ➝ $48.00Low
7/8/2019Cantor FitzgeraldDowngradeOverweight ➝ Neutral$34.00 ➝ $48.00Low
6/18/2019SVB LeerinkDowngradeOutperform ➝ Market Perform$32.00 ➝ $48.00Low
6/18/2019The Goldman Sachs GroupBoost TargetNeutral$27.00 ➝ $38.00Low
6/17/2019CowenReiterated RatingBuy$25.00High
6/17/2019Jefferies Financial GroupDowngradeBuy ➝ HoldHigh
6/17/2019Piper Sandler CompaniesDowngradeOverweight ➝ NeutralHigh
6/17/2019SunTrust BanksDowngradeBuy ➝ HoldHigh
6/17/2019Wells Fargo & CompanyDowngradeOutperform ➝ Market PerformHigh
(Data available from 5/24/2019 forward)

News Sentiment Rating

0.50 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/27/2023
  • 4 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
11/26/2023
  • 3 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/26/2023
  • 1 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/25/2024
  • 2 very positive mentions
  • 10 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
2/24/2024
  • 7 very positive mentions
  • 16 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
3/25/2024
  • 6 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/24/2024
  • 7 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/24/2024

Current Sentiment

  • 7 very positive mentions
  • 17 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Array Technologies logo
Array Technologies, Inc. manufactures and sells ground-mounting tracking systems used in solar energy projects in the United States, Spain, Brazil, Australia, and internationally. The company operates in two segments, Array Legacy Operations and STI Operations. Its products portfolio includes DuraTrack HZ v3, a single axis tracker; Array STI H250 that delivers a lower levelized cost of energy with tracker system; Array OmniTrack; and SmarTrack, a software product that uses site-specific historical weather and energy production data in combination with machine learning algorithms to identify the optimal position for a solar array in real time to enhance energy production. Array Technologies, Inc. was incorporated in 1987 and is headquartered in Albuquerque, New Mexico.
Read More

Today's Range

Now: $13.90
Low: $12.83
High: $14.04

50 Day Range

MA: $12.89
Low: $10.74
High: $15.10

52 Week Range

Now: $13.90
Low: $10.60
High: $26.64

Volume

3,642,966 shs

Average Volume

5,916,555 shs

Market Capitalization

$2.11 billion

P/E Ratio

36.58

Dividend Yield

N/A

Beta

1.7

Frequently Asked Questions

What sell-side analysts currently cover shares of Array Technologies?

The following Wall Street analysts have issued reports on Array Technologies in the last year: Barclays PLC, BMO Capital Markets, BNP Paribas, Cantor Fitzgerald, Guggenheim, Janney Montgomery Scott, Jefferies Financial Group Inc., JPMorgan Chase & Co., KeyCorp, Mizuho, Morgan Stanley, Oppenheimer Holdings Inc., Piper Sandler, Roth Mkm, Scotiabank, StockNews.com, TD Cowen, The Goldman Sachs Group, Inc., TheStreet, Truist Financial Co., and Wells Fargo & Company.
View the latest analyst ratings for ARRY.

What is the current price target for Array Technologies?

18 Wall Street analysts have set twelve-month price targets for Array Technologies in the last year. Their average twelve-month price target is $19.75, suggesting a possible upside of 44.8%. Janney Montgomery Scott has the highest price target set, predicting ARRY will reach $37.00 in the next twelve months. BNP Paribas has the lowest price target set, forecasting a price of $12.00 for Array Technologies in the next year.
View the latest price targets for ARRY.

What is the current consensus analyst rating for Array Technologies?

Array Technologies currently has 1 sell rating, 8 hold ratings and 10 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ARRY, but not buy more shares or sell existing shares.
View the latest ratings for ARRY.

What other companies compete with Array Technologies?

How do I contact Array Technologies' investor relations team?

Array Technologies' physical mailing address is 3901 Midway Place NE Albuquerque, NM 87109. The solar tracking solution's listed phone number is 505-881-7567 and its investor relations email address is [email protected]. The official website for Array Technologies is arraytechinc.com. Learn More about contacing Array Technologies investor relations.