Array Technologies (ARRY, Financial) has maintained its "Overweight" rating by JP Morgan, as confirmed by analyst Paul Coster. This decision is based on an updated analysis of the company's performance and market position.
In addition, JP Morgan has raised its price target for Array Technologies (ARRY, Financial) from USD 12.00 to USD 13.00. This represents an increase of 8.33%, indicating a positive outlook for the company's stock value in the near future.
The announcement was made on June 20, 2025, and reflects JP Morgan's continued confidence in the strategic direction and growth potential of Array Technologies (ARRY, Financial), influencing investor sentiment positively in the market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Array Technologies Inc (ARRY, Financial) is $8.71 with a high estimate of $13.00 and a low estimate of $5.00. The average target implies an upside of 11.88% from the current price of $7.79. More detailed estimate data can be found on the Array Technologies Inc (ARRY) Forecast page.
Based on the consensus recommendation from 24 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 $11.70, suggesting a upside of 50.29% from the current price of $7.785. 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.
