TICKERNERD
Menu
ADADCommunication Services · Telecom Services

AD Stock Forecast: Array Digital Infrastructure, Inc. Price Predictions for 2026-2027

Last close, 9 Oct 2026
$33
−0.80% on the day

The 4 Wall Street analysts covering Array Digital Infrastructure, Inc. hold a median 12-month price target of $45 — +34.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 72 of 100 as at 10 Oct 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$2.9B
Ticker Nerd rank
72 / 100
Median analyst target
$45
Analysts covering
4
Revenue$54.1M−94.1% y/y
Operating income−$6.8M
Net income$362.6M
Free cash flow−$48.6M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−2.9%
1M
−13.1%
YTD
−11.8%
1Y
−5.5%
From 52W high
−27.5%
From 52W low
+6.4%
$31
$46
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

AD stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Array Digital Infrastructure, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 10 Oct 2026
72 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
94
Issuance
93
Volatility
81
Accruals
56
Value
51
Quality
49
Momentum
47
Growth
36
Size
30

Revisions (94): Analysts have, on balance, been raising their forecasts.

Growth (36): Sales and profits are flat, shrinking, or growing more slowly than they were.

Size (30): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

AD stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on AD, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$30$35$40$45Jan 26Apr 26Jul 26Oct 26ADHigh $45Median $45Low $40

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says4 analysts
2 Buy2 Hold0 Sell
Low $40Median $45High $45

The green dot is the last close — the median target sits +34.8% from it.

Recent analyst actionsNewest first

Of the 19 most recent actions, 0 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
19 Aug 2026JP MorganMaintainsOverweight$54 → $45
13 Aug 2026CitigroupMaintainsBuy$45 → $45
10 July 2026RBC CapitalMaintainsSector Perform$52 → $40
10 July 2026RBC CapitalMaintainsSector Perform—
26 May 2026JP MorganMaintainsOverweight—
11 May 2026Raymond JamesDowngradeMarket Perform—
9 Mar 2026RBC CapitalMaintainsOutperform—
23 Feb 2026CitigroupMaintainsBuy—
12 Feb 2026Wells FargoMaintainsOverweight—
7 Jan 2026CitigroupMaintainsBuy—
26 Nov 2025CitigroupReinstatesBuy$37
25 Nov 2025RBC CapitalMaintainsOutperform—
6 Nov 2025Wells FargoMaintainsOverweight—
27 Oct 2025RBC CapitalInitiatesOutperform—
12 Aug 2025JP MorganMaintainsOverweight—
25 July 2025Raymond JamesReiteratesOutperform—
28 May 2025JP MorganMaintainsOverweight—
5 May 2025Raymond JamesReiteratesOutperform—
24 Feb 2025JP MorganMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. AD appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

AD vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Oct 2026, Array Digital Infrastructure, Inc. returned −5.5% against +17.3% for the S&P 500, dividends included.

AD vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130Jan 26Apr 26Jul 26Oct 26ADS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

AD analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+13.0%
Analysts raising
1
Analysts cutting
1
Fundamentals

Array Digital Infrastructure, Inc. (AD) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
4.4×

Cheaper than 67% of US stocks

Price / sales
13.5×

Cheaper than 11% of US stocks

Price / book
2.3×

Cheaper than 40% of US stocks

EV / EBITDA
69.3×

Cheaper than 3% of US stocks

Growth & margins
Revenue growth (YoY)
89.5%

Higher than 92% of US stocks

Earnings growth (YoY)
1038.9%

Higher than 97% of US stocks

Gross margin
56.5%

Higher than 69% of US stocks

Operating margin
−12.5%

Higher than 23% of US stocks

Net margin
250.8%

Higher than 99% of US stocks

Returns & dividend
Return on equity
22.7%

Higher than 84% of US stocks

Return on assets
0.0%

Higher than 44% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Array Digital Infrastructure, Inc. (AD) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Array Digital Infrastructure, Inc. has a market value of $2.9B and an enterprise value of $3.7B.

  • Revenue in the twelve months to 30 June 2026: $213.5M. The latest quarter grew 89.5% year on year.

  • Net income over the same four quarters: $557.9M, a 261.3% net margin.

  • Diluted earnings per share, trailing twelve months: $6.19.

  • Free cash flow in the twelve months to 30 June 2026: −$338.1M.

  • Array Digital Infrastructure, Inc. spent $0.0 on share buybacks and $3.8B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 86.5M.

  • Trailing P/E: 4.4×; forward P/E: 34.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Array Digital Infrastructure, Inc. employs 60 people — $3.6M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 11 Oct 2026

Data provided by Twelve Data

Peers

AD vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelTelecom Services
CompanyMarket capTKN rank
ADArray Digital Infrastructure, Inc.$2.9B
72
LBTYKLiberty Global Ltd.$2.9B
—
KYIVKyivstar Group Ltd.$2.8B
49
TDSTelephone & Data Systems, Inc.$3.6B
48
IDTIDT Corp.$2.2B
79
IRDMIridium Communications, Inc.$5.0B
80
LILAKLiberty Latin America Ltd.$1.6B
85

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Array Digital Infrastructure, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest AD news & analysis

Array Digital Transitions to a Tower-Focused Business: Worth a Buy?

Zacks Investment Research · 29 Sept 2026positive

Array Digital Infrastructure has transitioned to a tower-focused business model that is boosting its recurring revenue. Growth is being supported by T-Mobile leases, rising colocations, and spectrum monetization.

Why it matters — AD watchers would care because the company's pivot toward tower-centric operations is strengthening recurring revenue through key leased partnerships and growing colocation activity.

Telephone and Data Systems Announces It Is No Longer Pursuing the Acquisition of Public Shares of Array Digital Infrastructure

PRNewsWire · 1 Sept 2026neutral

Telephone and Data Systems (TDS) announced it is no longer pursuing the acquisition of the public shares of Array Digital Infrastructure (AD) that it does not already own, and has withdrawn its previously announced proposal. TDS expects to recommence its share repurchase program.

Why it matters — AD watchers would care because the withdrawal removes a potential takeover bid that could have affected Array's ownership and share structure.

SHAREHOLDER ALERT: Kaskela Law Announces Investigation of Array Digital Infrastructure (NYSE: AD) and Encourages Current Array Shareholders to Contact the Firm

Business Wire · 19 Aug 2026negative

Kaskela Law announced it is investigating Array Digital Infrastructure, Inc. (NYSE: AD) on behalf of current shareholders, seeking to determine whether the company and/or its officers and directors violated securities laws. The investigation follows a decline in Array's common stock from over $70.00 per share in August 2025 to less than $40.00 per share, a drop of more than 42%.

Why it matters — Array shareholders may be affected by the firm's investigation into potential securities law violations and by the significant decline in the company's share value.

Array Digital Infrastructure Q2 Earnings Call Highlights

MarketBeat · 12 Aug 2026neutral

On its second-quarter earnings call, TDS reported progress across fiber expansion and tower infrastructure operations and updated 2026 guidance for both TDS Telecom and Array Digital Infrastructure (NYSE: AD). Management also stated it would not provide further updates or field questions regarding TDS's pending proposal to acquire the Array shares it does not already own.

Why it matters — An AD watcher would care because the call updates 2026 guidance for Array Digital Infrastructure and clarifies the status of TDS's pending acquisition proposal for remaining AD shares.

AD Q2 Earnings Beat Estimates on Strong Site Rental Growth

Zacks Investment Research · 10 Aug 2026positive

Array Digital Infrastructure beat Q2 estimates as site rental revenues surged 95%, while spectrum sales boosted gains and the company provided 2026 guidance, according to Zacks Investment Research.

Why it matters — An AD watcher would care because the earnings beat, strong site rental growth, spectrum sales, and forward guidance signal robust performance for the company.

FAQ

Frequently asked questions about AD stock

What is the AD stock price forecast for 2026-2027?

The 4 Wall Street analysts covering Array Digital Infrastructure, Inc. have a median 12-month price target of $45, with estimates ranging from $40 to $45. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is AD stock a buy right now?

Of the 4 analysts covering Array Digital Infrastructure, Inc., 2 rate it a Buy, 2 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Array Digital Infrastructure, Inc. 72 out of 100 across roughly 4,600 US stocks as at 10 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AD?

As at 10 Oct 2026, Array Digital Infrastructure, Inc. ranks 72 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (94 of 100).

Will AD stock go up?

No one can know that. What the data says: the median 12-month target from 4 analysts implies +34.8% from the last close, and Ticker Nerd's factor model ranks Array Digital Infrastructure, Inc. 72 out of 100 as at 10 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the AD stock forecast for 2030?

No analyst covering Array Digital Infrastructure, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AD are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $40 to $45 over the next 12 months.

How has AD stock performed over the past year?

Array Digital Infrastructure, Inc. returned -5.5% over the 12 months to 9 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Array Digital Infrastructure, Inc. do?

Array Digital Infrastructure, Inc. is a U.S.-based owner and operator of shared wireless communications infrastructure focused on supporting mobile and broadband connectivity.

What is the latest news on AD?

The most recent item we track (Zacks Investment Research, 29 Sept 2026): "Array Digital Transitions to a Tower-Focused Business: Worth a Buy?". Array Digital Infrastructure has transitioned to a tower-focused business model that is boosting its recurring revenue. Growth is being supported by T-Mobile leases, rising colocations, and spectrum monetization.

Company

About Array Digital Infrastructure, Inc.

Array Digital Infrastructure, Inc. is a U.S.-based owner and operator of shared wireless communications infrastructure focused on supporting mobile and broadband connectivity. The company operates a nationwide portfolio of cell towers and related network assets that are used by wireless carriers, internet service providers, government agencies, municipalities, and other organizations to extend coverage and capacity. Its business centers on leasing tower space and providing ancillary infrastructure services that enable the deployment of 5G and other wireless technologies. Array Digital Infrastructure, Inc. plays a practical role in the telecom ecosystem by supplying the physical infrastructure that underpins network access, signal reach, and data transmission for a range of commercial and public-sector customers.

CEO Mr. Anthony J. M. Carlson · 60 employees · United States · https://www.arrayinc.com