15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 15 firms covering Array Technologies Inc, 7 rate it Buy or better, 7 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets range widely, $7.00 to $15.00 (about 2.1x), a sign of real disagreement on valuation. The average target of $10.08 sits 98% above the current $5.11. The rating mix has stayed broadly stable, with Buy-side ratings easing from 10 to 7 over recent months. On the fundamentals, the Street sees revenue growth near 14% this year and 10% next, consensus EPS building from about $0.29 next quarter toward $0.91 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS15 ratings
Moderate Buy
Strong Buy00%
Buy747%
Hold747%
Sell17%
Strong Sell00%
Based on 15 analysts giving stock ratings to Array Technologies Inc.
As of Jul, 7 of 15 firms rate ARRY a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
ARRY EPS & revenue forecast
EPS · NEXT QUARTER
$0.29
Range $0.22 – $0.36 · 19 analysts · -2% YoY
Next period, 19 analysts expect Array Technologies Inc to earn $0.29 a share (range $0.22 – $0.36), versus $0.30 a year earlier. Full-year consensus is $0.73, growing to $0.91 the year after.
REVENUE · NEXT QUARTER
$471.9M
Range $423.1M – $522.8M · 19 analysts · +19% YoY
Revenue is expected to reach $471.9M (range $423.1M – $522.8M), +19.0% year-over-year. Full-year consensus is $1.5B, rising to $1.6B next year.
Top analysts covering Array Technologies Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ARRY.
#1
Colin Rusch
Oppenheimer · Rank #160
Buy
$11.00+115.5% to target
Overall win rate
39%
+ Follow
#2
Ben Kallo
Baird · Rank #237
Hold
$10.00+95.9% to target
Overall win rate
28%
+ Follow
#3
Vikram Bagri
Citigroup
Buy
$12.00+135.1% to target
Coverage
—
+ Follow
#4
Biju Perincheril
Susquehanna
Hold
$7.25+42.0% to target
Coverage
—
+ Follow
#5
Jon Windham
UBS
Buy
$11.00+115.5% to target
Coverage
—
+ Follow
ARRY stock forecast FAQ
What is ARRY's average 12-month price target?+
The 15 analysts with a live target average $10.08 for Array Technologies Inc over the next 12 months, ranging from a $15.00 high to a $7.00 low.
Is ARRY stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 15 analyst ratings, 7 are Buy or Strong Buy, 7 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for ARRY?+
The Street-high target is $15.00 (Guggenheim), and the Street-low is $7.00 (Morgan Stanley). The average of all 15 active targets is $10.08.
How many Wall Street analysts cover ARRY?+
15 analysts have an active rating on Array Technologies Inc, and 15 firms carry a live 12-month price target.
Who is the most accurate analyst covering ARRY?+
Among analysts who currently cover ARRY, Colin Rusch of Oppenheimer has the strongest overall Quantellect track record (Rank #160). Their current call is Buy with a $11.00 target.
What is Array Technologies Inc's projected EPS for next quarter?+
The consensus estimate is $0.29 per share (range $0.22 – $0.36) across 19 analysts. Full-year EPS is projected at $0.73, rising to $0.91 the following year.
How much revenue is Array Technologies Inc expected to report next quarter?+
Consensus revenue is $471.9M (range $423.1M – $522.8M). Full-year revenue is projected at $1.5B, growing to $1.6B next year.
Have analysts been upgrading or downgrading ARRY lately?+
As of Jul, 7 of 15 firms rate ARRY a Buy (7 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ARRY calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
