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Array Technologies Inc
NASDAQ:ARRY

Watchlist Manager
Array Technologies Inc Logo
Array Technologies Inc
NASDAQ:ARRY
Watchlist
Price: 13.52 USD 3.52% Market Closed
Updated: May 3, 2024

Wall Street
Price Targets

ARRY Price Targets Summary
Array Technologies Inc

Wall Street analysts forecast ARRY stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ARRY is 20.25 USD with a low forecast of 12.12 USD and a high forecast of 37.8 USD.

Lowest
Price Target
12.12 USD
10% Downside
Average
Price Target
20.25 USD
50% Upside
Highest
Price Target
37.8 USD
180% Upside

ARRY Last Price Targets
Array Technologies Inc

The latest public price target was made on Apr 11, 2024 by Kashy Harrison from Piper Sandler , who expects ARRY stock to drop by 4% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Kashy Harrison
Piper Sandler
13 USD
Downside 4%
3 weeks ago
Apr 11, 2024
Array Technologies (ARRY) PT Raised to $13 at Piper Sandler
StreetInsider
Christine Cho
Barclays
18 USD
Upside 33%
1 month ago
Apr 2, 2024
Barclays Upgrades Array Technologies (ARRY) to Overweight
StreetInsider
Kashy Harrison
Piper Sandler
Price Target 13 USD
Upside/Downside 4%
View Source
Christine Cho
Barclays
Price Target 18 USD
Upside/Downside 33%
View Source
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Revenue
Forecast

Revenue Estimate
Array Technologies Inc

For the last 4 years the compound annual growth rate for Array Technologies Inc's revenue is 25%. The projected CAGR for the next 3 years is 6%.

25%
Past Growth
6%
Estimated Growth
Estimates Accuracy
0%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Array Technologies Inc

For the last 4 years the compound annual growth rate for Array Technologies Inc's operating income is 27%. The projected CAGR for the next 3 years is 15%.

27%
Past Growth
15%
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Array Technologies Inc

For the last 4 years the compound annual growth rate for Array Technologies Inc's net income is 21%. The projected CAGR for the next 3 years is 41%.

21%
Past Growth
41%
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ARRY's stock price target?
Price Target
20.25 USD

According to Wall Street analysts, the average 1-year price target for ARRY is 20.25 USD with a low forecast of 12.12 USD and a high forecast of 37.8 USD.

What is Array Technologies Inc's Revenue forecast?
Projected CAGR
6%

For the last 4 years the compound annual growth rate for Array Technologies Inc's revenue is 25%. The projected CAGR for the next 3 years is 6%.

What is Array Technologies Inc's Operating Income forecast?
Projected CAGR
15%

For the last 4 years the compound annual growth rate for Array Technologies Inc's operating income is 27%. The projected CAGR for the next 3 years is 15%.

What is Array Technologies Inc's Net Income forecast?
Projected CAGR
41%

For the last 4 years the compound annual growth rate for Array Technologies Inc's net income is 21%. The projected CAGR for the next 3 years is 41%.