Array Technologies Inc has a consensus price target of $20.03, established from looking at the 97 latest analyst ratings. The last 3 analyst ratings were released from BMO Capital, Keybanc, and Goldman Sachs on March 22, 2024, March 5, 2024, and February 29, 2024. With an average price target of $14.33 between BMO Capital, Keybanc, and Goldman Sachs, there's an implied -4.12% downside for Array Technologies Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/22/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 7.02% | BMO Capital | Ameet Thakkar | → $16 | Initiates | → Market Perform | Get Alert |
03/05/2024 | ARRY | Buy Now | Array Technologies | $14.95 | — | Keybanc | Sophie Karp | — | Initiates | → Sector Weight | Get Alert |
02/29/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 80.6% | Goldman Sachs | Brian Lee | $31 → $27 | Maintains | Buy | Get Alert |
02/29/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 53.85% | Truist Securities | Jordan Levy | $25 → $23 | Maintains | Buy | Get Alert |
02/28/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 20.4% | Cantor Fitzgerald | Derek Soderberg | $22 → $18 | Maintains | Overweight | Get Alert |
02/28/2024 | ARRY | Buy Now | Array Technologies | $14.95 | -19.73% | Piper Sandler | Kashy Harrison | $22 → $12 | Maintains | Neutral | Get Alert |
02/28/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 93.98% | JP Morgan | Mark Strouse | $35 → $29 | Maintains | Overweight | Get Alert |
02/28/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 20.4% | Mizuho | Maheep Mandloi | $20 → $18 | Reiterates | Neutral → Neutral | Get Alert |
02/28/2024 | ARRY | Buy Now | Array Technologies | $14.95 | — | Exane BNP Paribas | Moses Sutton | — | Downgrade | Neutral → Underperform | Get Alert |
01/23/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 67.22% | Truist Securities | Jordan Levy | $30 → $25 | Maintains | Buy | Get Alert |
01/22/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 0.33% | Barclays | Christine Cho | $22 → $15 | Downgrade | Overweight → Equal-Weight | Get Alert |
01/08/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 27.09% | Wells Fargo | Michael Blum | $22 → $19 | Downgrade | Overweight → Equal-Weight | Get Alert |
01/03/2024 | ARRY | Buy Now | Array Technologies | $14.95 | 33.78% | Mizuho | Maheep Mandloi | $19 → $20 | Maintains | Neutral | Get Alert |
12/19/2023 | ARRY | Buy Now | Array Technologies | $14.95 | 47.16% | Piper Sandler | Kashy Harrison | $26 → $22 | Downgrade | Overweight → Neutral | Get Alert |
12/15/2023 | ARRY | Buy Now | Array Technologies | $14.95 | 20.4% | Jefferies | Dushyant Ailani | → $18 | Initiates | → Hold | Get Alert |
12/08/2023 | ARRY | Buy Now | Array Technologies | $14.95 | 27.09% | Morgan Stanley | Andrew Percoco | $23 → $19 | Maintains | Equal-Weight | Get Alert |
11/21/2023 | ARRY | Buy Now | Array Technologies | $14.95 | 27.09% | Mizuho | Maheep Mandloi | → $19 | Initiates | → Neutral | Get Alert |
11/09/2023 | ARRY | Buy Now | Array Technologies | $14.95 | 100.67% | Truist Securities | Jordan Levy | $38 → $30 | Maintains | Buy | Get Alert |
11/09/2023 | ARRY | Buy Now | Array Technologies | $14.95 | 107.36% | Goldman Sachs | Brian Lee | $36 → $31 | Maintains | Buy | Get Alert |
The latest price target for Array Technologies (NASDAQ: ARRY) was reported by BMO Capital on March 22, 2024. The analyst firm set a price target for $16.00 expecting ARRY to rise to within 12 months (a possible 7.02% upside). 42 analyst firms have reported ratings in the last year.
The latest analyst rating for Array Technologies (NASDAQ: ARRY) was provided by BMO Capital, and Array Technologies initiated their market perform rating.
The last upgrade for Array Technologies Inc happened on October 17, 2023 when Morgan Stanley raised their price target to $23. Morgan Stanley previously had an underweight 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 March 22, 2024 so you should expect the next rating to be made available sometime around March 22, 2025.
While ratings are subjective and will change, the latest Array Technologies (ARRY) rating was a initiated with a price target of $0.00 to $16.00. The current price Array Technologies (ARRY) is trading at is $14.95, which is within the analyst’s predicted range.
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