Array Technologies
(NASDAQ:ARRY)
$14.95
-0.15[-0.99%]
At close: Mar 28
$14.95
0[0.00%]
After Hours: 7:33PM EDT
Consensus Rating1
Buy
Highest Price Target1
$16.00
Lowest Price Target1
$16.00
Consensus Price Target1
$20.03

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

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.

Analyst Rating Summary1

Analyst Ratings
Oct 23
1
2
Nov 23
5
1
Dec 23
2
Jan
1
3
Feb
4
2
1
Mar
1
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

BMO Capital
Keybanc
Goldman Sachs
Truist Securities
Cantor Fitzgerald

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Array Technologies

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
03/22/2024ARRYBuy Now
Array Technologies
$14.957.02%BMO Capital
Ameet Thakkar
→ $16Initiates → Market PerformGet Alert
03/05/2024ARRYBuy Now
Array Technologies
$14.95Keybanc
Sophie Karp
Initiates → Sector WeightGet Alert
02/29/2024ARRYBuy Now
Array Technologies
$14.9580.6%Goldman Sachs
Brian Lee
$31 → $27MaintainsBuyGet Alert
02/29/2024ARRYBuy Now
Array Technologies
$14.9553.85%Truist Securities
Jordan Levy
$25 → $23MaintainsBuyGet Alert
02/28/2024ARRYBuy Now
Array Technologies
$14.9520.4%Cantor Fitzgerald
Derek Soderberg
$22 → $18MaintainsOverweightGet Alert
02/28/2024ARRYBuy Now
Array Technologies
$14.95-19.73%Piper Sandler
Kashy Harrison
$22 → $12MaintainsNeutralGet Alert
02/28/2024ARRYBuy Now
Array Technologies
$14.9593.98%JP Morgan
Mark Strouse
$35 → $29MaintainsOverweightGet Alert
02/28/2024ARRYBuy Now
Array Technologies
$14.9520.4%Mizuho
Maheep Mandloi
$20 → $18ReiteratesNeutral → NeutralGet Alert
02/28/2024ARRYBuy Now
Array Technologies
$14.95Exane BNP Paribas
Moses Sutton
DowngradeNeutral → UnderperformGet Alert
01/23/2024ARRYBuy Now
Array Technologies
$14.9567.22%Truist Securities
Jordan Levy
$30 → $25MaintainsBuyGet Alert
01/22/2024ARRYBuy Now
Array Technologies
$14.950.33%Barclays
Christine Cho
$22 → $15DowngradeOverweight → Equal-WeightGet Alert
01/08/2024ARRYBuy Now
Array Technologies
$14.9527.09%Wells Fargo
Michael Blum
$22 → $19DowngradeOverweight → Equal-WeightGet Alert
01/03/2024ARRYBuy Now
Array Technologies
$14.9533.78%Mizuho
Maheep Mandloi
$19 → $20MaintainsNeutralGet Alert
12/19/2023ARRYBuy Now
Array Technologies
$14.9547.16%Piper Sandler
Kashy Harrison
$26 → $22DowngradeOverweight → NeutralGet Alert
12/15/2023ARRYBuy Now
Array Technologies
$14.9520.4%Jefferies
Dushyant Ailani
→ $18Initiates → HoldGet Alert
12/08/2023ARRYBuy Now
Array Technologies
$14.9527.09%Morgan Stanley
Andrew Percoco
$23 → $19MaintainsEqual-WeightGet Alert
11/21/2023ARRYBuy Now
Array Technologies
$14.9527.09%Mizuho
Maheep Mandloi
→ $19Initiates → NeutralGet Alert
11/09/2023ARRYBuy Now
Array Technologies
$14.95100.67%Truist Securities
Jordan Levy
$38 → $30MaintainsBuyGet Alert
11/09/2023ARRYBuy Now
Array Technologies
$14.95107.36%Goldman Sachs
Brian Lee
$36 → $31MaintainsBuyGet Alert

FAQ

Q

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

A

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.

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 BMO Capital, and Array Technologies initiated their market perform rating.

Q

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

A

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.

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 March 22, 2024 so you should expect the next rating to be made available sometime around March 22, 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 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.

Browse analyst ratings and price targets on all stocks.

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