In a recent update, UBS analyst Jon Windham maintained a "Buy" rating on Array Technologies (ARRY, Financial) while increasing the price target from $7.00 to $8.50. This adjustment reflects a notable 21.43% increase in the price target, highlighting a positive outlook for the company.
The Nasdaq-listed Array Technologies, identified by the ticker (ARRY, Financial), continues to attract attention from investors following this significant upward revision. The maintained "Buy" rating suggests confidence in the company's future growth potential.
The revised price target and stable rating indicate a favorable sentiment from UBS towards Array Technologies (ARRY, Financial) as of May 8, 2025. As the market responds to these expert insights, investors may keep a close watch on ARRY's performance.
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 $7.95 with a high estimate of $13.00 and a low estimate of $5.00. The average target implies an upside of 42.42% from the current price of $5.59. 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 $11.49, suggesting a upside of 105.73% from the current price of $5.585. 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.
