Array Technologies Inc has a consensus price target of $18.8, established from looking at the 99 latest analyst ratings. The last 3 analyst ratings were released from Scotiabank, Mizuho, and Piper Sandler on April 29, 2024, April 19, 2024, and April 11, 2024. With an average price target of $15.67 between Scotiabank, Mizuho, and Piper Sandler, there's an implied 27.27% upside for Array Technologies Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
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The latest price target for Array Technologies (NASDAQ: ARRY) was reported by Scotiabank on April 29, 2024. The analyst firm set a price target for $18.00 expecting ARRY to rise to within 12 months (a possible 46.22% upside). 45 analyst firms have reported ratings in the last year.
The latest analyst rating for Array Technologies (NASDAQ: ARRY) was provided by Scotiabank, and Array Technologies maintained their sector outperform rating.
The last upgrade for Array Technologies Inc happened on April 2, 2024 when Barclays raised their price target to $18. Barclays previously had an equal-weight for Array Technologies Inc.
The last downgrade for Array Technologies Inc happened on February 28, 2024 when Exane BNP Paribas changed their price target from N/A to N/A for Array Technologies Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Array Technologies, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Array Technologies was filed on April 29, 2024 so you should expect the next rating to be made available sometime around April 29, 2025.
While ratings are subjective and will change, the latest Array Technologies (ARRY) rating was a maintained with a price target of $25.00 to $18.00. The current price Array Technologies (ARRY) is trading at is $12.31, which is out of the analyst’s predicted range.
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