In a recent update, Roth MKM analyst Philip Shen has maintained a "Neutral" rating on Array Technologies (ARRY, Financial). However, the analyst has adjusted the price target downward from $6.00 to $5.00.
The price target reduction represents a change of approximately -16.67% from the previous target, indicating a more cautious outlook on the stock's performance in the current market environment.
This adjustment was recorded on May 2, 2025, with the price target set in USD. Investors are advised to consider these changes when evaluating their investment strategies focused on Array Technologies (ARRY, Financial).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 24 analysts, the average target price for Array Technologies Inc (ARRY, Financial) is $7.99 with a high estimate of $13.00 and a low estimate of $5.00. The average target implies an upside of 57.01% from the current price of $5.09. More detailed estimate data can be found on the Array Technologies Inc (ARRY) Forecast page.
Based on the consensus recommendation from 27 brokerage firms, Array Technologies Inc's (ARRY, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Array Technologies Inc (ARRY, Financial) in one year is $12.01, suggesting a upside of 135.95% from the current price of $5.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Array Technologies Inc (ARRY) Summary page.
