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Array Technologies

ARRYNASDAQ
Logo brought to you by Benzinga Data
$5.63
0.295.43%
At close: -
$5.80
0.173.02%
After Hours: Dec 20, 6:26 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$37.00
Lowest Price Target1
$6.00
Consensus Price Target1
$15.38

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

Array Technologies Inc has a consensus price target of $15.38 based on the ratings of 28 analysts. The high is $37 issued by Janney Montgomery Scott on June 28, 2023. The low is $6 issued by Roth MKM on November 8, 2024. The 3 most-recent analyst ratings were released by Goldman Sachs, Susquehanna, and UBS on December 17, 2024, November 12, 2024, and November 8, 2024, respectively. With an average price target of $10 between Goldman Sachs, Susquehanna, and UBS, there's an implied 72.41% upside for Array Technologies Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
7
4
Aug
1
Sep
4
2
Oct
3
2
Nov
1
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.0
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Goldman Sachs
Susquehanna
UBS
Roth MKM
JP Morgan

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 Goldman Sachs on December 17, 2024. The analyst firm set a price target for $11.00 expecting ARRY to rise to within 12 months (a possible 89.66% upside). 56 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 Goldman Sachs, and Array Technologies maintained 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 November 7, 2024 when Guggenheim 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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 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 $12.00 to $11.00. The current price Array Technologies (ARRY) is trading at is $5.80, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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