Array Technologies
(NASDAQ:ARRY)
$12.31
-0.03[-0.24%]
Last update: 8:43AM Get Real Time Here
Q1 2024 Earnings in 8 days from now on Thu May 9th, after the market close
Consensus Rating1
Buy
Highest Price Target1
$37.00
Lowest Price Target1
$7.00
Consensus Price Target1
$18.80

Array Technologies Stock (NASDAQ:ARRY), Analyst Ratings, Price Targets, Predictions

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.

Analyst Trend
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2.8
Hold
Strong Buy
Buy
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Strong Sell

Analyst Firms Making Recommendations1

Scotiabank
Mizuho
Piper Sandler
Guggenheim
Barclays

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Array Technologies

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FAQ

Q

What is the target price for Array Technologies (ARRY)?

A

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.

Q

What is the most recent analyst rating for Array Technologies (ARRY)?

A

The latest analyst rating for Array Technologies (NASDAQ: ARRY) was provided by Scotiabank, and Array Technologies maintained their sector outperform rating.

Q

When was the last upgrade for Array Technologies (ARRY)?

A

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.

Q

When was the last downgrade for Array Technologies (ARRY)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Array Technologies (ARRY)?

A

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.

Q

Is the Analyst Rating Array Technologies (ARRY) correct?

A

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.

Browse analyst ratings and price targets on all stocks.

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