Array Technologies (ARRY) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Array Technologies (ARRY) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 8, 2023 (11:57)

Sector: Technology

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

Latest session on the 7th of December for
Array Technologies, Inc. is positive
Trading Volume: 3153306
Open: 15.93 /  High: 16.182 /  Low: 15.72
What analysts predict: $26.54
52-week High/Low: $26.64 / $13.34

50/200 Day Moving Average: $17.69 / $20.27

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., %
Dec 10 16.43 16.15 16.64 3.05
Dec 11 16.74 16.08 17.06 6.12
Dec 12 15.77 15.31 16.26 6.24
Dec 13 16.01 15.37 16.36 6.44
Dec 14 15.82 15.51 16.45 6.06
Dec 15 15.92 15.29 16.61 8.62
Dec 16 15.63 15.36 16.18 5.37
Dec 17 15.38 14.76 15.57 5.50
Dec 18 14.91 14.72 15.37 4.44
Dec 19 14.33 14.04 14.51 3.31
Dec 20 13.65 13.02 14.24 9.37
Dec 21 13.25 13.09 13.69 4.62
Dec 22 12.91 12.69 13.41 5.61
Dec 23 13.67 13.29 14.30 7.66
Dec 24 14.25 13.75 14.44 5.04
Dec 25 13.83 13.64 14.14 3.71
Dec 26 14.08 13.86 14.64 5.61
Dec 27 14.12 13.83 14.74 6.61
Dec 28 13.41 13.04 14.03 7.59
Dec 29 12.83 12.58 13.42 6.67
Dec 30 12.63 12.16 13.00 6.92
Dec 31 12.89 12.64 13.08 3.49
Jan 01 13.28 12.75 13.87 8.75
Jan 02 13.56 13.05 14.05 7.73
Jan 03 13.61 13.07 14.09 7.81
Jan 04 14.07 13.71 14.64 6.78
Jan 05 13.96 13.45 14.44 7.35
Jan 06 14.26 13.95 14.80 6.13
Jan 07 13.97 13.34 14.36 7.60
Jan 08 13.87 13.62 14.11 3.54

Array Technologies Daily Price Targets


Array Technologies Stock Forecast 12-10-2023.

Forecast target price for 12-10-2023: $16.43.
Positive dynamics for Array Technologies shares will prevail with possible volatility of 2.961%.
Pessimistic target level: 16.15
Optimistic target level: 16.64

Array Technologies Stock Forecast 12-11-2023.

Forecast target price for 12-11-2023: $16.74.
Positive dynamics for Array Technologies shares will prevail with possible volatility of 5.769%.
Pessimistic target level: 16.08
Optimistic target level: 17.06

Array Technologies Stock Forecast 12-12-2023.

Forecast target price for 12-12-2023: $15.77.
Negative dynamics for Array Technologies shares will prevail with possible volatility of 5.877%.
Pessimistic target level: 15.31
Optimistic target level: 16.26

Array Technologies Stock Forecast 12-13-2023.

Forecast target price for 12-13-2023: $16.01.
Positive dynamics for Array Technologies shares will prevail with possible volatility of 6.049%.
Pessimistic target level: 15.37
Optimistic target level: 16.36

Array Technologies Stock Forecast 12-14-2023.

Forecast target price for 12-14-2023: $15.82.
Negative dynamics for Array Technologies shares will prevail with possible volatility of 5.714%.
Pessimistic target level: 15.51
Optimistic target level: 16.45

Array Technologies Stock Forecast 12-15-2023.

Forecast target price for 12-15-2023: $15.92.
Positive dynamics for Array Technologies shares will prevail with possible volatility of 7.937%.
Pessimistic target level: 15.29
Optimistic target level: 16.61

ARRY (ARRY) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan. 15.22 13.22 16.73 20.96
Feb. 16.26 15.15 17.26 12.21
Mar. 17.20 15.37 19.31 20.37
Apr. 15.25 13.41 16.62 19.32
May. 15.66 13.66 16.93 19.32
Jun. 15.72 14.56 17.92 18.78
Jul. 16.79 16.10 17.64 8.74
Aug. 16.73 16.10 18.93 14.95
Sep. 15.23 14.13 15.80 10.58
Oct. 14.10 13.16 15.65 15.89
Nov. 15.14 13.34 16.40 18.62
Dec. 13.18 12.04 15.01 19.76

Array Technologies forecast for this year


Array Technologies Stock Prediction for Jan 2024

An downtrend is forecast for this month with an optimal target price of $15.222. Pessimistic: $13.22. Optimistic: $16.73


Array Technologies Stock Prediction for Feb 2024

An uptrend is forecast for this month with an optimal target price of $16.2632. Pessimistic: $15.15. Optimistic: $17.26


Array Technologies Stock Prediction for Mar 2024

An uptrend is forecast for this month with an optimal target price of $17.1999. Pessimistic: $15.37. Optimistic: $19.31


Array Technologies Stock Prediction for Apr 2024

An downtrend is forecast for this month with an optimal target price of $15.2495. Pessimistic: $13.41. Optimistic: $16.62


Array Technologies Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $15.6612. Pessimistic: $13.66. Optimistic: $16.93


Array Technologies Stock Prediction for Jun 2024

An uptrend is forecast for this month with an optimal target price of $15.7176. Pessimistic: $14.56. Optimistic: $17.92


Array Technologies Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $16.7927. Pessimistic: $16.10. Optimistic: $17.64


Array Technologies Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $16.7322. Pessimistic: $16.10. Optimistic: $18.93


Array Technologies Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $15.2263. Pessimistic: $14.13. Optimistic: $15.80


Array Technologies Stock Prediction for Oct 2024

An downtrend is forecast for this month with an optimal target price of $14.1026. Pessimistic: $13.16. Optimistic: $15.65


Array Technologies Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $15.1434. Pessimistic: $13.34. Optimistic: $16.40


Array Technologies Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $13.1808. Pessimistic: $12.04. Optimistic: $15.01



Array Technologies (ARRY) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 12.82 11.51 14.53 20.81
Feb 12.62 12.16 14.25 14.66
Mar 14.30 13.50 16.20 16.68
Apr 13.83 12.51 15.13 17.28
May 12.81 11.48 14.47 20.72
Jun 14.34 13.28 15.39 13.75
Jul 14.05 12.74 15.27 16.57
Aug 12.48 11.74 13.09 10.30
Sep 10.64 9.13 11.25 18.89
Oct 10.55 9.60 11.10 13.51
Nov 10.94 9.68 11.52 15.91
Dec 12.84 11.66 14.06 17.09

Array Technologies (ARRY) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 14.94 12.84 16.52 22.29
Feb 15.07 13.53 16.40 17.53
Mar 15.32 13.17 16.12 18.30
Apr 15.92 14.40 16.93 14.90
May 14.37 12.51 15.67 20.15
Jun 12.30 11.73 13.12 10.63
Jul 12.24 11.67 13.91 16.15
Aug 11.42 9.94 12.72 21.82
Sep 11.26 9.74 12.43 21.68
Oct 11.18 10.72 12.08 11.32
Nov 11.38 10.81 12.51 13.59
Dec 10.76 9.47 12.00 21.14

Array Technologies (ARRY) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 11.87 10.74 13.58 20.93
Feb 13.02 11.73 13.77 14.81
Mar 14.78 14.12 16.40 13.95
Apr 14.01 12.98 15.77 17.74
May 12.37 11.43 13.35 14.34
Jun 12.95 12.27 14.67 16.36
Jul 12.13 10.74 13.25 18.96
Aug 14.30 12.98 16.12 19.47
Sep 13.06 11.30 13.72 17.65
Oct 13.46 11.72 15.23 23.07
Nov 13.90 12.62 15.40 18.03
Dec 13.80 12.46 14.54 14.35

Array Technologies (ARRY) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 15.61 14.18 16.28 12.94
Feb 16.87 15.69 17.78 11.78
Mar 18.39 15.94 20.38 21.77
Apr 15.08 13.89 15.73 11.73
May 15.57 14.00 16.80 16.68
Jun 15.26 13.12 17.10 23.29
Jul 16.64 15.11 19.00 20.49
Aug 16.40 14.12 17.34 18.55
Sep 17.52 15.94 19.91 19.95
Oct 19.28 17.69 20.08 11.93
Nov 18.87 18.15 19.78 8.24
Dec 17.95 16.88 20.24 16.60

Array Technologies information and performance

Array Technologies Address

3901 MIDWAY PLACE NE, ALBUQUERQUE, NM, US

Market Capitalization: 2 392 237 000 $

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: 276 897 000 $

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

PE Ratio: 40.56

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: N/A

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: N/A

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

EPS: 0.39

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: -0.32
Trailing PE: 40.56

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: 11.2

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

EV To Revenue: 2.015

Enterprise Value (EV) /Revenue

EV To EBITDA: 12.01

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

Shares Outstanding: 151216000

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.