Array Technologies (ARRY) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Array Technologies (ARRY) Stock Forecast for 2024–2028. Sell or Buy?

Updated: May 2, 2024 (23:24)

Sector: Technology

The share price of Array Technologies, Inc. (ARRY) now

Latest session on the 2nd of May for
Array Technologies, Inc. is positive
Trading Volume: 5554905
Open: 12.74 /  High: 13.1 /  Low: 12.395
What analysts predict: $19.85
52-week High/Low: $26.64 / $10.82

50/200 Day Moving Average: $13.12 / $16.99

This figure corresponds to the Average Price over the previous 50/200 days. For Array Technologies stocks, the 50-day moving average is the resistance level today.

For Array Technologies stocks, the 200-day moving average is the resistance level today.

Are you interested in Array Technologies, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Array Technologies stock price in 2024, 2025, 2026, 2027, 2028. How much will one Array Technologies share be worth in 2024 - 2028?

When should I take profit in Array Technologies stock? When should I record a loss on Array Technologies stock? What are analysts' forecasts for Array Technologies stock? What is the future of Array Technologies stock? We forecast Array Technologies stock performance using neural networks based on historical data on Array Technologies stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Array Technologies stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Array Technologies shares. This happens once a day.


Historical and forecast chart of Array Technologies stock

The chart below shows the historical price of Array Technologies stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Array Technologies stock price can be found in the table below.

Long-term forecasts by years.

Array Technologies Inc. provides solar tracking solutions and services for utility scale projects. Its products include DuraTrack HZ v3, a single axis sun tracking system; and SmarTrack, machine learning software that automatically adjusts the module’s angle based on weather and terrain conditions. The company was founded in 1989 and is based in Albuquerque, New Mexico with additional offices in Europe, Central America and Australia.

Array Technologies daily forecast for a month

Date Target Pes. Opt. Vol., %
May 04 13.18 12.77 13.73 7.49
May 05 13.06 12.52 13.27 6.01
May 06 12.46 11.91 12.77 7.22
May 07 12.57 12.03 13.05 8.46
May 08 12.56 12.15 12.98 6.89
May 09 13.07 12.92 13.52 4.68
May 10 12.87 12.61 13.15 4.35
May 11 13.09 12.83 13.62 6.12
May 12 12.94 12.67 13.31 5.03
May 13 13.20 12.62 13.37 5.90
May 14 13.10 12.55 13.42 6.89
May 15 12.91 12.34 13.23 7.22
May 16 13.19 12.74 13.42 5.41
May 17 13.06 12.47 13.40 7.48
May 18 13.33 12.87 13.73 6.65
May 19 13.26 12.79 13.68 7.03
May 20 13.99 13.46 14.42 7.18
May 21 13.61 13.14 14.22 8.20
May 22 13.85 13.59 14.48 6.60
May 23 13.06 12.44 13.49 8.44
May 24 13.42 12.87 13.95 8.38
May 25 12.96 12.60 13.34 5.86
May 26 12.61 12.24 13.20 7.78
May 27 12.74 12.49 13.16 5.32
May 28 13.39 13.05 13.76 5.48
May 29 13.22 12.69 13.44 5.87
May 30 13.14 12.55 13.39 6.72
May 31 13.07 12.60 13.43 6.54
Jun 01 12.95 12.50 13.25 6.03
Jun 02 12.39 11.94 12.82 7.35

Array Technologies Daily Price Targets


Array Technologies Stock Forecast 05-04-2024.

Forecast target price for 05-04-2024: $13.18.
Positive dynamics for Array Technologies shares will prevail with possible volatility of 6.967%.
Pessimistic target level: 12.77
Optimistic target level: 13.73

Array Technologies Stock Forecast 05-05-2024.

Forecast target price for 05-05-2024: $13.06.
Negative dynamics for Array Technologies shares will prevail with possible volatility of 5.668%.
Pessimistic target level: 12.52
Optimistic target level: 13.27

Array Technologies Stock Forecast 05-06-2024.

Forecast target price for 05-06-2024: $12.46.
Negative dynamics for Array Technologies shares will prevail with possible volatility of 6.730%.
Pessimistic target level: 11.91
Optimistic target level: 12.77

Array Technologies Stock Forecast 05-07-2024.

Forecast target price for 05-07-2024: $12.57.
Positive dynamics for Array Technologies shares will prevail with possible volatility of 7.801%.
Pessimistic target level: 12.03
Optimistic target level: 13.05

Array Technologies Stock Forecast 05-08-2024.

Forecast target price for 05-08-2024: $12.56.
Negative dynamics for Array Technologies shares will prevail with possible volatility of 6.443%.
Pessimistic target level: 12.15
Optimistic target level: 12.98

Array Technologies Stock Forecast 05-09-2024.

Forecast target price for 05-09-2024: $13.07.
Positive dynamics for Array Technologies shares will prevail with possible volatility of 4.467%.
Pessimistic target level: 12.92
Optimistic target level: 13.52

ARRY (ARRY) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jun. 13.07 11.77 14.62 19.47
Jul. 13.94 12.18 15.32 20.47
Aug. 13.89 13.09 15.84 17.36
Sep. 13.59 12.07 15.42 21.73
Oct. 14.81 12.86 16.19 20.57
Nov. 14.12 13.00 14.75 11.89
Dec. 13.68 12.77 14.37 11.14

Array Technologies forecast for this year


Array Technologies Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $13.0656. Pessimistic: $11.77. Optimistic: $14.62


Array Technologies Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $13.9357. Pessimistic: $12.18. Optimistic: $15.32


Array Technologies Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $13.8856. Pessimistic: $13.09. Optimistic: $15.84


Array Technologies Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $13.5856. Pessimistic: $12.07. Optimistic: $15.42


Array Technologies Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $14.8083. Pessimistic: $12.86. Optimistic: $16.19


Array Technologies Stock Prediction for Nov 2024

An downtrend is forecast for this month with an optimal target price of $14.1153. Pessimistic: $13.00. Optimistic: $14.75


Array Technologies Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $13.6834. Pessimistic: $12.77. Optimistic: $14.37



Array Technologies (ARRY) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 13.93 12.78 14.83 13.86
Feb 15.01 13.14 16.98 22.59
Mar 12.31 10.53 12.93 18.51
Apr 12.06 10.74 12.76 15.83
May 10.22 9.28 11.63 20.24
Jun 10.62 9.55 11.50 16.96
Jul 11.08 9.86 12.58 21.57
Aug 11.98 10.92 13.42 18.63
Sep 11.33 10.64 12.17 12.57
Oct 10.96 10.21 11.38 10.23
Nov 10.47 9.58 11.79 18.70
Dec 11.77 11.07 12.36 10.45

Array Technologies (ARRY) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 10.31 9.36 11.78 20.49
Feb 9.77 8.63 10.81 20.18
Mar 9.40 8.17 10.16 19.65
Apr 8.30 7.39 9.14 19.13
May 9.54 8.48 10.44 18.76
Jun 9.80 8.44 11.19 24.58
Jul 10.40 10.03 11.00 8.85
Aug 10.53 9.13 11.78 22.52
Sep 8.90 8.48 10.17 16.55
Oct 9.46 8.41 10.01 16.00
Nov 9.50 9.07 10.86 16.52
Dec 9.15 8.56 9.88 13.34

Array Technologies (ARRY) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 10.74 9.38 11.82 20.60
Feb 12.15 10.75 12.78 15.91
Mar 12.60 11.65 13.76 15.33
Apr 13.97 12.66 15.65 19.11
May 14.44 12.47 15.15 17.68
Jun 15.30 13.10 15.85 17.37
Jul 17.20 15.41 17.98 14.30
Aug 18.10 17.19 19.24 10.67
Sep 15.88 14.80 18.17 18.57
Oct 16.54 15.74 18.15 13.29
Nov 15.65 14.18 16.44 13.71
Dec 16.13 15.17 17.43 12.99

Array Technologies (ARRY) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 14.88 13.03 16.14 19.25
Feb 14.69 13.61 15.22 10.60
Mar 14.03 13.25 15.93 16.81
Apr 14.69 14.00 15.93 12.11
May 14.79 14.21 16.15 12.04
Jun 17.32 15.80 18.07 12.60
Jul 19.91 17.15 21.49 20.18
Aug 18.19 17.14 19.83 13.54
Sep 18.39 17.63 19.12 7.79
Oct 18.16 17.21 19.33 10.99
Nov 18.12 17.44 20.24 13.86
Dec 17.44 15.77 19.42 18.75

Array Technologies information and performance

Array Technologies Address

3901 MIDWAY PLACE NE, ALBUQUERQUE, NM, US

Market Capitalization: 1 884 449 000 $

Market capitalization of the Array Technologies, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of ARRY shares in the company outstanding by the market price of one share.

EBITDA: 257 356 000 $

EBITDA of Array Technologies is earnings before interest, income tax and depreciation of assets.

PE Ratio: 22.18

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.934

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 0.56

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.645
Quarterly Revenue Growth YOY: -0.15
Trailing PE: 22.18

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 11.98

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.774

Enterprise Value (EV) /Revenue

EV To EBITDA: 10.12

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 151727000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.