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Array Technologies

ARRYNASDAQ
Logo brought to you by Benzinga Data
$6.83
-0.38-5.27%
At Close: -
$6.89
0.060.83%
After Hours: 6:37 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$37.00
Lowest Price Target1
$8.00
Consensus Price Target1
$16.88

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

Array Technologies Inc has a consensus price target of $16.88 based on the ratings of 30 analysts. The high is $37 issued by Janney Montgomery Scott on June 28, 2023. The low is $8 issued by Piper Sandler on August 9, 2024. The 3 most-recent analyst ratings were released by Jefferies, Guggenheim, and Scotiabank on September 4, 2024, August 16, 2024, and August 16, 2024, respectively. With an average price target of $12.33 between Jefferies, Guggenheim, and Scotiabank, there's an implied 79.08% upside for Array Technologies Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
3
May
0
0
0
0
Jun
1
Jul
3
4
Aug
0
0
0
0
Sep
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.2
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Jefferies
Guggenheim
Scotiabank
Truist Securities
Barclays

1calculated from analyst ratings

Analyst Ratings for Array Technologies

Data brought to you by Benzinga APIs

FAQ

Q

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

A

The latest price target for Array Technologies (NASDAQ:ARRY) was reported by Jefferies on September 4, 2024. The analyst firm set a price target for $11.00 expecting ARRY to rise to within 12 months (a possible 59.72% upside). 55 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 Jefferies, and Array Technologies upgraded their buy rating.

Q

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

A

The last upgrade for Array Technologies Inc happened on September 4, 2024 when Jefferies raised their price target to $11. Jefferies previously had a hold for Array Technologies Inc.

Q

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

A

The last downgrade for Array Technologies Inc happened on August 9, 2024 when Roth MKM changed their price target from $20 to $8 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 September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 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 upgraded with a price target of $0.00 to $11.00. The current price Array Technologies (ARRY) is trading at is $6.89, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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