Array (ARRY) Stock Forecast, Price Target & Predictions


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ARRY Stock Forecast


Array (ARRY) stock forecast, based on 21 Wall Street analysts, predicts a 12-month average price target of $8.71, with a high of $13.00 and a low of $6.00. This represents a 101.15% increase from the last price of $4.33.

- $4 $8 $12 $16 $20 High: $13 Avg: $8.71 Low: $6 Last Closed Price: $4.33

ARRY Stock Rating


Array stock's rating consensus is Hold, based on 21 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 10 Buy (47.62%), 11 Hold (52.38%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 21 11 10 0 Strong Sell Sell Hold Buy Strong Buy

ARRY Price Target Upside V Benchmarks


TypeNameUpside
StockArray101.15%
SectorEnergy Stocks 38.68%

Price Target Trends


1M3M12M
# Anlaysts-623
Avg Price Target-$8.83$11.87
Last Closing Price$4.33$4.33$4.33
Upside/Downside-103.93%174.13%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2531113--27
Mar, 2531013--26
Feb, 2531112-127
Jan, 2531212-128
Dec, 2431211-127
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 17, 2025RBC Capital$7.00$6.1014.75%61.66%
Mar 07, 2025Guggenheim$10.00$6.1562.60%130.95%
Jan 14, 2025Christine ChoBarclays$9.00$6.9329.87%107.85%
Oct 21, 2024Julian Dumoulin-SmithJefferies$8.00$6.8117.47%84.76%
Oct 16, 2024Jordan LevyTruist Financial$10.00$7.0641.64%130.95%
Oct 14, 2024Ameet ThakkarBMO Capital$9.00$7.1625.70%107.85%
Sep 03, 2024Julian Dumoulin-SmithJefferies$11.00$6.3672.96%154.04%
Aug 12, 2024Tom CurranSeaport Global$17.00$6.93145.31%292.61%
Aug 11, 2024Dimple GosaiBank of America Securities$11.00$7.1054.93%154.04%
Aug 09, 2024Kashy HarrisonPiper Sandler$8.00$7.319.44%84.76%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Mar 07, 2025GuggenheimNeutralBuyupgrade
Feb 28, 2025Seaport GlobalBuyNeutraldowngrade
Jan 14, 2025BarclaysOverweightOverweighthold
Jan 10, 2025SusquehannaPositiveNeutraldowngrade
Nov 07, 2024GuggenheimBuyNeutraldowngrade
Nov 06, 2024Bank of America SecuritiesNeutraldowngrade
Oct 21, 2024JefferiesBuyBuyhold
Oct 14, 2024BMO CapitalMarket PerformMarket Performhold
Aug 16, 2024ScotiabankSector OutperformSector Outperformhold
Aug 12, 2024Seaport GlobalBuyBuyhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$0.49$-0.39$0.03$0.90-----
Avg Forecast$0.83$0.14$0.35$1.03$0.61$0.75$0.90$0.99$0.96
High Forecast$0.94$0.15$0.42$1.05$0.63$0.95$1.32$1.20$1.16
Low Forecast$0.72$0.12$0.32$1.01$0.57$0.49$0.61$0.88$0.85
Surprise %-40.96%-378.57%-91.43%-12.62%-----

Revenue Forecast

$500M $800M $1B $1B $2B $2B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$872.66M$853.32M$1.64B$1.58B-----
Avg Forecast$855.74M$856.43M$1.60B$1.55B$908.83M$1.12B$1.27B$1.45B$1.42B
High Forecast$946.43M$947.20M$1.84B$1.57B$914.51M$1.26B$1.28B$1.49B$1.64B
Low Forecast$770.89M$771.52M$1.48B$1.54B$896.90M$1.05B$1.26B$1.41B$1.29B
Surprise %1.98%-0.36%2.19%1.72%-----

Net Income Forecast

$-100M $-30M $40M $110M $180M $250M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$59.07M$-50.40M$4.43M$137.24M-----
Avg Forecast$125.87M$20.69M$53.43M$156.40M$91.17M$109.45M$146.57M$157.75M$145.94M
High Forecast$143.21M$23.54M$63.60M$159.43M$95.66M$144.47M$201.01M$182.11M$176.02M
Low Forecast$109.65M$18.03M$48.10M$153.36M$86.69M$74.42M$92.13M$133.39M$128.92M
Surprise %-53.07%-343.59%-91.70%-12.25%-----

ARRY Forecast FAQ


Is Array stock a buy?

Array stock has a consensus rating of Hold, based on 21 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 10 Buy, 11 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Array is a neutral investment for most analysts.

What is Array's price target?

Array's price target, set by 21 Wall Street analysts, averages $8.71 over the next 12 months. The price target range spans from $6 at the low end to $13 at the high end, suggesting a potential 101.15% change from the previous closing price of $4.33.

How does Array stock forecast compare to its benchmarks?

Array's stock forecast shows a 101.15% upside, outperforming the average forecast for the energy stocks sector (38.68%).

What is the breakdown of analyst ratings for Array over the past three months?

  • April 2025: 11.11% Strong Buy, 40.74% Buy, 48.15% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 11.54% Strong Buy, 38.46% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 11.11% Strong Buy, 40.74% Buy, 44.44% Hold, 0% Sell, 3.70% Strong Sell.

What is Array’s EPS forecast?

Array's average annual EPS forecast for its fiscal year ending in December 2024 is $0.61, marking a -32.22% decrease from the reported $0.9 in 2023. Estimates for the following years are $0.75 in 2025, $0.9 in 2026, $0.99 in 2027, and $0.96 in 2028.

What is Array’s revenue forecast?

Array's average annual revenue forecast for its fiscal year ending in December 2024 is $908.83M, reflecting a -42.35% decrease from the reported $1.58B in 2023. The forecast for 2025 is $1.12B, followed by $1.27B for 2026, $1.45B for 2027, and $1.42B for 2028.

What is Array’s net income forecast?

Array's net income forecast for the fiscal year ending in December 2024 stands at $91.17M, representing a -33.57% decrease from the reported $137.24M in 2023. Projections indicate $109.45M in 2025, $146.57M in 2026, $157.75M in 2027, and $145.94M in 2028.