Array Digital Infrastructure's quarterly market cap
increased
from Sep. 2025 ($4,320 Mil) to Dec. 2025 ($4,632 Mil) but then
declined
from Dec. 2025 ($4,632 Mil) to Mar. 2026 ($3,988 Mil).
Array Digital Infrastructure's annual market cap
increased
from Dec. 2023 ($3,531 Mil) to Dec. 2024 ($5,337 Mil) but then
declined
from Dec. 2024 ($5,337 Mil) to Dec. 2025 ($4,632 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Array Digital Infrastructure's Enterprise Value for Today is $4,159 Mil.
Array Digital Infrastructure (NYSE:AD) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Array Digital Infrastructure Market Cap Related Terms
Array Digital Infrastructure Market Cap Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Telecom Services subindustry, Array Digital Infrastructure's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Array Digital Infrastructure Market Cap vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Array Digital Infrastructure's Market Cap distribution charts can be found below:
* The bar in red indicates where Array Digital Infrastructure's Market Cap falls into.
Array Digital Infrastructure Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Array Digital Infrastructure (AD) has a Market Cap of $3,204 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Array Digital Infrastructure and its competitors. According to the industry distribution chart, Array Digital Infrastructure ranks #105 out of 379 companies in the Telecommunication Services industry, placing it in the top 27.7%.
Is Array Digital Infrastructure's Market Cap too high?
Array Digital Infrastructure's current Market Cap is $3,204 Mil. The Telecommunication Services industry median Market Cap is 481.64. Array Digital Infrastructure's value of $3,204 Mil is 565.2% above this industry median. Based on the distribution chart, Array Digital Infrastructure ranks #105 out of 379 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Array Digital Infrastructure has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Array Digital Infrastructure's Market Cap compare to TDS and LBTYA?
According to the Telecommunication Services industry distribution chart, Array Digital Infrastructure ranks #105 out of 379 companies for Market Cap. This puts Array Digital Infrastructure in the upper half of its industry. The industry median Market Cap is 481.64. Array Digital Infrastructure's value of $3,204 Mil is 565.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Telecommunication Services company?
The median Market Cap among Telecommunication Services companies is 481.64, based on 379 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Array Digital Infrastructure's current Market Cap of $3,204 Mil is 565.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Array Digital Infrastructure and its competitors. For the Telecommunication Services industry, the median Market Cap is 481.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Array Digital Infrastructure's current Market Cap is $3,204 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Array Digital Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Array Digital Infrastructure (AD) is currently considered Possible Value Trap. The stock's GF Value™ is $64.11, compared to a current price of $37.07 — trading 42.2% below its estimated fair value. The current Market Cap is $3,204 Mil and 565.2% above the Telecommunication Services industry median of 481.64. Array Digital Infrastructure's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Array Digital Infrastructure (AD), the current Market Cap is $3,204 Mil as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Array Digital Infrastructure (AD) Overvalued in 2026?
Based on GuruFocus' analysis, Array Digital Infrastructure stock appears to be undervalued.
The current stock price of $37.07 is trading 42.2% below its estimated GF Value™ of $64.11.
GuruFocus considers Array Digital Infrastructure to be Possible Value Trap.
Key valuation signals for AD:
Market Cap: $3,204 Mil
GF Value™: $64.11 vs. price of $37.07 (42.2% below fair value)
Industry Position: 565.2% above the Telecommunication Services median (#105 of 379)
No single metric tells the full story. See the AD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Array Digital Infrastructure, formerly US Cellular, sold its regional wireless operations serving about 4.4 million customers to T-Mobile in August 2025. The firm has agreed to sell most of its remaining spectrum licenses; however, it will still retain rights to C-band spectrum in several locations after these deals are closed. Array also owns a 5.5% stake in Verizon Wireless' Los Angeles operations, as well as other smaller wireless partnership interests in Oklahoma and upstate New York. The firm still operates a portfolio of about 4,400 wireless towers. Parent TDS has proposed to acquire the portion of Array that it doesn't already own in an all-stock transaction.
66GF Score
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