Array Technologies, Inc. (ARRY) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 28 analysts22.5% Below Target
ARRY trades 22.5% below Wall Street's consensus target of $9.80.
Current Price$8.00
Average Target$9.80
Target
Current
Low$8.00
Median$10.00
High$12.00
Analyst Target Range
Forward P/E11.0x
(Value)
PEG Ratio—
Implied Growth+266.1%
(High Growth)
Analyst Spread40.8%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes ARRY achieves its forward estimates and maintains a stable P/E multiple of 11.0x. This scenario reflects the blended consensus of 28 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
ARRY Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Array Technologies, Inc. (ARRY) has a Wall Street consensus price target of $9.80, based on estimates from 28 covering analysts. With the stock currently trading at $8.00, this represents a potential upside of +22.5%. The company has a market capitalization of $1.23B.
Analyst price targets range from a low of $8.00 to a high of $12.00, representing a 41% spread in expectations. The median target of $10.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 15 analysts rating the stock as a Buy or Strong Buy,12 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, ARRY trades at a trailing P/E of -11.0x and forward P/E of 11.0x. Analysts expect EPS to grow +266.1% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Energy stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+19.3%
Industry Consensus
Avg Forward P/E
777.4x
(High Premium)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 SHLSShoals Technologies Group, Inc. | $1.7B | $10.42 | $8.00 | -23.2% | Buy | 25.3x | 23 |
 FTCIFTC Solar, Inc. | $82M | $5.14 | $15.00 | +191.8% | Buy | — | 12 |
 FSLRFirst Solar, Inc. | $27.7B | $257.70 | $254.92 | -1.1% | Buy | 14.6x | 73 |
 ENPHEnphase Energy, Inc. | $6.9B | $52.28 | $47.61 | -8.9% | Hold | 25.9x | 55 |
 SEDGSolarEdge Technologies, Inc. | $3.5B | $58.05 | $34.50 | -40.6% | Hold | 4570.9x | 48 |
 CSIQCanadian Solar Inc. | $1.1B | $16.27 | $18.00 | +10.6% | Buy | — | 33 |
 MAXNMaxeon Solar Technologies, Ltd. | $6M | $0.35 | — | — | — | — | — |
 NEENextEra Energy, Inc. | $180.9B | $86.75 | $100.20 | +15.5% | Buy | 21.4x | 36 |
 AESThe AES Corporation | $10.4B | $14.62 | $18.33 | +25.4% | Hold | 6.3x | 21 |
 BEPBrookfield Renewable Partners L.P. | $10.8B | $35.24 | $36.67 | +4.1% | Buy | — | 20 |
ARRY — Frequently Asked Questions
Quick answers to the most common questions about buying ARRY stock.
What is the ARRY stock price target for 2026?
The consensus Wall Street price target for ARRY is $9.8, representing 22.5% upside from the current price of $8. With 28 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is ARRY a buy, sell, or hold?
ARRY has a consensus rating of "Buy" based on 28 Wall Street analysts. The rating breakdown is predominantly bullish, with 15 Buy/Strong Buy ratings. The consensus 12-month price target of $9.8 implies 22.5% upside from current levels.
Is ARRY stock overvalued or undervalued?
With a forward P/E of 11.0011x, ARRY trades at a relatively low valuation. The consensus target of $9.8 implies 22.5% appreciation, suggesting meaningful undervaluation.
How high can ARRY stock go?
The most bullish Wall Street analyst has a price target of $12 for ARRY, while the most conservative target is $8. The consensus of $9.8 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover ARRY stock?
ARRY is heavily covered by Wall Street, with 28 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 12 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the ARRY stock forecast?
The 12-month ARRY stock forecast based on 28 Wall Street analysts shows a consensus price target of $9.8, with estimates ranging from $8 (bear case) to $12 (bull case). The median consensus rating is "Buy".
What is ARRY's forward P/E ratio?
ARRY trades at a forward P/E ratio of 11.0x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy ARRY stock?
Wall Street analysts are very optimistic on ARRY, with a "Buy" consensus rating and $9.8 price target (22.5% upside). 15 of 28 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do ARRY price targets vary so much?
ARRY analyst price targets range from $8 to $12, a 41% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $9.8 consensus represents the middle ground.
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