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Array Technologies (DE:9AY)
FRANKFURT:9AY

Array Technologies (9AY) Stock Forecast & Price Target

4 Followers
See the Price Targets and Ratings of:

9AY Analyst Ratings

Moderate Buy
23Ratings
12 Buy
10 Hold
1 Sell
Based on 23 analysts giving stock ratings to
Array
Technologies
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

9AY Stock 12 Month Forecast

Average Price Target

€18.35
▲(65.38% Upside)
Based on 23 Wall Street analysts offering 12 month price targets for Array Technologies in the last 3 months. The average price target is €18.35 with a high forecast of €27.10 and a low forecast of €11.21. The average price target represents a 65.38% change from the last price of €11.10.
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Highest Price Target€27.10Average Price Target€18.35Lowest Price Target€11.21
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Seaport Global
€24.29
Buy
118.94%
Upside
Reiterated
02/29/24
Analysts' Top Technology Picks: Array Technologies (ARRY), Squarespace (SQSP)
Oppenheimer
Hold
Reiterated
02/28/24
Oppenheimer Keeps Their Hold Rating on Array Technologies (ARRY)
Exane BNP Paribas
€11.21
Sell
1.05%
Upside
Downgraded
02/28/24
Array Technologies downgraded to Underperform from Neutral at Exane BNP ParibasArray Technologies downgraded to Underperform from Neutral at Exane BNP Paribas
J.P. Morgan
€27.10
Buy
144.20%
Upside
Reiterated
02/28/24
Analysts Offer Insights on Technology Companies: Array Technologies (NASDAQ: ARRY), Salesforce (NYSE: CRM) and First Solar (NASDAQ: FSLR)
Bank of America Securities
€15.88
Buy
43.15%
Upside
Reiterated
02/28/24
Array Technologies price target lowered to $17 from $21 at BofAArray Technologies price target lowered to $17 from $21 at BofA

Best Analysts Covering Array Technologies

Which Analyst Should I Follow If I Want to Buy DE:9AY and Sell After:
1 Month
Mark StrouseJ.P. Morgan
Success Rate
11/16 ratings generated profit
69%
Average Return
+12.23%
reiterated a buy rating 2 months ago
Copying Mark Strouse's trades and holding each position for 1 Month would result in 68.75% of your transactions generating a profit, with an average return of +12.23% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
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3 Months
Success Rate
4/9 ratings generated profit
44%
Average Return
-5.60%
reiterated a buy rating 2 months ago
Copying Jon Windham's trades and holding each position for 3 Months would result in 44.44% of your transactions generating a profit, with an average return of -5.60% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
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1 Year
Donovan Schafer CFANorthland Securities
Success Rate
5/13 ratings generated profit
38%
Average Return
+19.84%
reiterated a buy rating 2 months ago
Copying Donovan Schafer CFA's trades and holding each position for 1 Year would result in 38.46% of your transactions generating a profit, with an average return of +19.84% per trade.
2 Years
Donovan Schafer CFANorthland Securities
Success Rate
4/13 ratings generated profit
31%
Average Return
-14.15%
reiterated a buy rating 2 months ago
Copying Donovan Schafer CFA's trades and holding each position for 2 Years would result in 30.77% of your transactions generating a profit, with an average return of -14.15% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

9AY Analyst Recommendation Trends

Rating
Dec 23
Jan 24
Feb 24
Mar 24
Apr 24
Strong Buy
16
16
12
10
9
Buy
7
6
7
2
3
Hold
7
10
16
17
14
Sell
0
0
1
1
1
Strong Sell
0
0
0
0
0
total
30
32
36
30
27
In the current month, 9AY has received 12 Buy Ratings, 14 Hold Ratings, and 1 Sell Ratings. 9AY average Analyst price target in the past 3 months is €18.35.
Each month's total comprises the sum of three months' worth of ratings.
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9AY Financial Forecast

9AY Earnings Forecast

Next quarter’s earnings estimate for 9AY is -€0.03 with a range of -€0.16 to €0.13. The previous quarter’s EPS was €0.20. 9AY beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 48.39% of the time in the same period. In the last calendar year 9AY has Outperformed its overall industry.
Next quarter’s earnings estimate for 9AY is -€0.03 with a range of -€0.16 to €0.13. The previous quarter’s EPS was €0.20. 9AY beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 48.39% of the time in the same period. In the last calendar year 9AY has Outperformed its overall industry.

9AY Sales Forecast

Next quarter’s sales forecast for 9AY is €131.91M with a range of €126.08M to €153.16M. The previous quarter’s sales results were €319.04M. 9AY beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 53.66% of the time in the same period. In the last calendar year 9AY has Outperformed its overall industry.
Next quarter’s sales forecast for 9AY is €131.91M with a range of €126.08M to €153.16M. The previous quarter’s sales results were €319.04M. 9AY beat its sales estimates 75.00% of the time in past 12 months, while its overall industry beat sales estimates 53.66% of the time in the same period. In the last calendar year 9AY has Outperformed its overall industry.

9AY Stock Forecast FAQ

What is DE:9AY’s average 12-month price target, according to analysts?
Based on analyst ratings, Array Technologies’s 12-month average price target is €18.35.
    What is DE:9AY’s upside potential, based on the analysts’ average price target?
    Array Technologies has 65.38% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Array Technologies a Buy, Sell or Hold?
          Array Technologies has a conensus rating of Moderate Buy, which is based on 12 buy ratings, 10 hold ratings and 1 sell ratings.
            What is Array Technologies’s share price target?
            The average share price target for Array Technologies is €18.35. This is based on 23 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is €27.10 ,and the lowest forecast is €11.21. The average share price target represents 65.38% Increase from the current price of €11.096.
              What do analysts say about Array Technologies?
              Array Technologies’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 23 Wall Streets Analysts.
                How can I buy shares of Array Technologies?
                To buy shares of DE:9AY, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.
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