15-min delayed · Sep 8, 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, $6.75 to $15.00 (about 2.2x), a sign of real disagreement on valuation. The average target of $9.85 sits 110% above the current $4.70. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 1 to 0 over recent months. On the fundamentals, the Street sees revenue growth near 14% this year and 10% next, consensus EPS building from about $0.34 next quarter toward $0.90 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 Sep, 6 of 13 firms rate ARRY a Buy (7 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ARRY EPS & revenue forecast
EPS · NEXT QUARTER
$0.34
Range $0.23 – $0.45 · 18 analysts · -3474% YoY
Next period, 18 analysts expect Array Technologies Inc to earn $0.34 a share (range $0.23 – $0.45), versus $-0.01 a year earlier. Full-year consensus is $0.75, growing to $0.90 the year after.
REVENUE · NEXT QUARTER
$541.0M
Range $473.2M – $565.0M · 18 analysts · +19% YoY
Revenue is expected to reach $541.0M (range $473.2M – $565.0M), +19.0% year-over-year. Full-year consensus is $1.4B, 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
Julien Dumoulin-Smith
Jefferies · Rank #151
Buy
$8.50+81.0% to target
Overall win rate
44%
+ Follow
#2
Colin Rusch
Oppenheimer · Rank #202
Buy
$11.00+134.3% to target
Overall win rate
38%
+ Follow
#3
Ben Kallo
Baird · Rank #308
Hold
$9.00+91.7% to target
Overall win rate
29%
+ Follow
#4
Michael Blum
Wells Fargo · Rank #334
Hold
$10.00+113.0% to target
Overall win rate
31%
+ Follow
#5
Jon Windham
UBS
Buy
$10.00+113.0% 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 $9.85 for Array Technologies Inc over the next 12 months, ranging from a $15.00 high to a $6.75 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 $6.75 (Susquehanna). The average of all 15 active targets is $9.85.
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, Julien Dumoulin-Smith of Jefferies has the strongest overall Quantellect track record (Rank #151). Their current call is Buy with a $8.50 target.
What is Array Technologies Inc's projected EPS for next quarter?+
The consensus estimate is $0.34 per share (range $0.23 – $0.45) across 18 analysts. Full-year EPS is projected at $0.75, rising to $0.90 the following year.
How much revenue is Array Technologies Inc expected to report next quarter?+
Consensus revenue is $541.0M (range $473.2M – $565.0M). Full-year revenue is projected at $1.4B, growing to $1.6B next year.
Have analysts been upgrading or downgrading ARRY lately?+
As of Sep, 6 of 13 firms rate ARRY a Buy (7 Hold, 0 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.
