Array Technologies - ARRY Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $23.00
  • Forecasted Upside: 38.72 %
  • Number of Analysts: 12
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$16.58
▲ +0.15 (0.91%)

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 $23.00
▲ +38.72% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Array Technologies in the last 3 months. The average price target is $23.00, with a high forecast of $33.00 and a low forecast of $7.00. The average price target represents a 38.72% upside from the last price of $16.58.

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 Buy

The current consensus among 12 polled investment analysts is to buy stock in Array Technologies.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 1 sell ratings
4/9/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 1 sell ratings
7/8/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/6/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 2 hold ratings
  • 1 sell ratings
1/4/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 1 sell ratings
4/4/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 1 sell ratings
7/3/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 1 sell ratings
9/1/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 1 sell ratings
10/1/2022

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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 Jaffray CompaniesDowngradeOverweight ➝ NeutralHigh
6/17/2019SunTrust BanksDowngradeBuy ➝ HoldHigh
6/17/2019Wells Fargo & CompanyDowngradeOutperform ➝ Market PerformHigh
5/22/2019Cantor FitzgeraldBoost TargetOverweight$30.00 ➝ $34.00Medium
5/22/2019SunTrust BanksBoost TargetBuy$32.00Medium
5/21/2019Piper Jaffray CompaniesBoost TargetOverweight$28.00 ➝ $35.00High
5/5/2019CowenSet TargetBuy$25.00Low
3/14/2019JPMorgan Chase & Co.Boost TargetPositive ➝ Overweight$18.00 ➝ $29.00Low
2/6/2019Cantor FitzgeraldReiterated RatingOverweightHigh
2/5/2019Cantor FitzgeraldSet TargetBuy$30.00Medium
1/17/2019SVB LeerinkInitiated CoverageOutperform ➝ Outperform$28.00High
1/15/2019Cantor FitzgeraldInitiated CoverageOverweight$30.00High
1/15/2019Piper Jaffray CompaniesReiterated RatingOverweight ➝ Positive$28.00High
12/13/2018The Goldman Sachs GroupInitiated CoverageNeutral ➝ Neutral$20.00High
12/12/2018Stifel NicolausBoost TargetBuy$24.00 ➝ $26.00High
10/31/2018CowenSet TargetBuy$22.00High
10/7/2018CowenSet TargetBuy$22.00Medium
9/17/2018GuggenheimInitiated CoverageBuyHigh
6/28/2018Wells Fargo & CompanyBoost TargetOutperform ➝ Outperform$31.00 ➝ $33.00High
6/27/2018Piper Jaffray CompaniesBoost TargetOverweight$21.00 ➝ $25.00High
6/25/2018SunTrust BanksBoost TargetBuy$25.00Low
6/24/2018Cantor FitzgeraldReiterated RatingOverweight ➝ Buy$24.00 ➝ $26.00Medium
5/9/2018Cantor FitzgeraldSet TargetBuy$24.00High
2/7/2018SVB LeerinkBoost TargetOutperform ➝ Outperform$19.00 ➝ $20.00Low
2/7/2018Stifel NicolausBoost TargetBuy ➝ Buy$20.00 ➝ $23.00High
2/6/2018SunTrust BanksReiterated RatingBuy$20.00Low
1/22/2018SVB LeerinkUpgradeMarket Perform ➝ OutperformHigh
1/22/2018Stifel NicolausBoost TargetPositive ➝ Buy$15.00 ➝ $20.00High
1/21/2018Cantor FitzgeraldReiterated RatingBuy$15.00Low
1/3/2018Cantor FitzgeraldSet TargetBuy$15.00Low
12/22/2017Jefferies Financial GroupBoost TargetBuy$13.00N/A
11/1/2017SunTrust BanksReiterated RatingBuy$16.00N/A
11/1/2017Stifel NicolausReiterated RatingBuyN/A
10/31/2017Cantor FitzgeraldSet TargetBuy$15.00N/A
(Data available from 10/2/2017 forward)

News Sentiment Rating

0.69 (Buy)

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
  • 2 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
3/6/2022
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/5/2022
  • 7 very positive mentions
  • 9 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
5/5/2022
  • 4 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
6/4/2022
  • 4 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/4/2022
  • 2 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/3/2022
  • 3 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/2/2022
  • 6 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/2/2022

Current Sentiment

  • 6 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Array Technologies logo
Array Technologies, Inc. manufactures and supplies solar tracking systems and related products in the United States and internationally. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that is used to identify the optimal position for a solar array in real time to increase energy production. The company was founded in 1989 and is headquartered in Albuquerque, New Mexico.
Read More

Today's Range

Now: $16.58
Low: $16.23
High: $17.26

50 Day Range

MA: $19.10
Low: $12.24
High: $23.58

52 Week Range

Now: $16.58
Low: $5.45
High: $27.67

Volume

2,238,317 shs

Average Volume

4,556,265 shs

Market Capitalization

$2.49 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.99

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, Colliers Securities, Cowen Inc., Credit Suisse Group AG, Guggenheim, JPMorgan Chase & Co., Morgan Stanley, Northland Securities, Oppenheimer Holdings Inc., Piper Sandler, Roth Capital, StockNews.com, The Goldman Sachs Group, Inc., Truist Financial Co., and UBS Group AG.
View the latest analyst ratings for ARRY.

What is the current price target for Array Technologies?

13 Wall Street analysts have set twelve-month price targets for Array Technologies in the last year. Their average twelve-month price target is $23.00, suggesting a possible upside of 38.7%. JPMorgan Chase & Co. has the highest price target set, predicting ARRY will reach $33.00 in the next twelve months. Roth Capital has the lowest price target set, forecasting a price of $7.00 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, 2 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe ARRY will outperform the market and that investors should add to their positions of Array Technologies.
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.