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Array Digital Infrastructure, Inc.

Communication Services · USD

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Price alert · AD

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32.86 USD +0.51 +1.58%
As of Oct 30, 2026 Extended hours 32.86 0.00%
Bid
32.69 × 300
Ask
33.04 × 200
32.32 Day range 33.05
31.80 52-week range 60.28
YTD
-38.72%
1 year
-32.84%
Open
32.67
Prev close
32.35
Mkt cap
2.84B
Vol
250.24K
Avg vol
226.99K
EPS
7.67
P/E
4.28
Div yield
0.00%
More statistics
Low
32.32
High
33.05
Forward P/E
33.87
Beta
0.30
Short ratio
5.38
Inst. own
37.25%
Dividend
0.00
Ex-div date
Jun 10, 2026
Earnings
Nov 6, 2026
50-d avg
35.12
200-d avg
42.71
1y target
43.33

2Y chart

Chart tools
Interval
AD two-year price chart31.443.355.367.279.2Oct 24Mar 25Aug 25Jan 26Jun 26Oct 26

Key statistics

Market cap
2.84B
Enterprise value
3.58B
Trailing P/E
4.28
Forward P/E
33.87
PEG ratio
14.18
Price / sales
13.30
Price / book
2.24
EPS (TTM)
7.67
Beta
0.30
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
250.79%
Revenue (TTM)
213.53M
Revenue growth
89.50%
Free cash flow
887.83M
Total cash
416.44M
Total debt
1.20B
Return on equity
22.68%
Shares outstanding
53.47M
Short % of float
9.16%
50-day average
35.12
200-day average
42.71

Analyst view

Consensus: none

Price target (mean) 43.33 +31.9% upside
Target (low)
40.00
Target (mean)
43.33
Target (high)
45.00
Ratings (0m) 4 2 buy · 2 hold · 0 sell
  • Strong buy1
  • Buy1
  • Hold2
  • Sell0
  • Strong sell0

Next earnings

Nov 6, 2026

Expected Nov 6, 2026. Consensus EPS estimate 0.38.

Earnings history

Financials — quick view

All financials
AD Revenue — quarterly 54.07M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
AD Net income — quarterly 358.70M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
AD EPS — quarterly 4.15
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

AD recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 6, 2026Sep 30, 20260.3271———
Aug 7, 2026Jun 30, 20260.40974.15+3.74+912.94%
May 8, 2026Mar 31, 20260.9132.08+1.17+127.82%
Feb 20, 2026Dec 31, 20250.320.48+0.16+50.00%
Nov 7, 2025Sep 30, 20250.250.97+0.72+288.00%
Aug 11, 2025Jun 30, 20250.330.36+0.03+9.09%

Upgrades / downgrades

AD analyst upgrades and downgrades
DateFirmActionFromTo
Aug 19, 2026JP MorganmainOverweightOverweight
Aug 13, 2026CitigroupmainBuyBuy
Jul 10, 2026RBC CapitalmainSector PerformSector Perform
May 26, 2026JP MorganmainOverweightOverweight
May 11, 2026Raymond JamesdownOutperformMarket Perform
Mar 9, 2026RBC CapitalmainOutperformOutperform

About Array Digital Infrastructure, Inc.

Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States. The company deploys 5G and other wireless technologies through its 4,400 cell towers. It also leases tower space to tenants. In addition, the company offers ancillary services. It serves organizations, wireless carriers, government agencies, municipalities, wireless internet service providers, and broadband providers. The company was formerly known as United States Cellular Corporation and changed its name to Array Digital Infrastructure, Inc. in August 2025. The company was incorporated in 1983 and is headquartered in Chicago, Illinois. Array Digital Infrastructure, Inc. is a subsidiary of Telephone and Data Systems, Inc.

Sector
Communication Services
Industry
Telecom Services
Country
United States
Website
arrayinc.com

News

Your note

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Insider holders

AD insider holders
InsiderRelationLatest transactionDateShares held
CARLSON ANTHONY J MChief Executive OfficerConversion of Exercise of derivative securityMar 3, 20268,929
CARLSON WALTER C DDirectorStock Award(Grant)Jul 31, 202544,628
CHAMBERS DOUGLAS WChief Executive OfficerSaleAug 11, 202517,600
HARCZAK HARRY J JRDirectorSaleSep 10, 202614,415
IRIZARRY MICHAEL S. PH.D.Chief Technology OfficerConversion of Exercise of derivative securityJul 29, 2025100,181
JOSEFOWICZ GREGORY P.DirectorStock GiftJun 1, 202522,480

Institution ownership

AD institution ownership
Holder% heldSharesValueReported
Dimensional Fund Advisors LP4.24%2,269,15774.54MJun 29, 2026
Hawk Ridge Capital Management, LP3.40%1,817,46959.70MJun 29, 2026
Jericho Capital Asset Management, LP3.39%1,815,84459.65MJun 29, 2026
Madison Avenue Partners, LP2.07%1,109,46336.45MJun 29, 2026
Gamco Investors, Inc ET AL1.54%825,26227.11MJun 29, 2026
American Century Companies Inc1.43%766,13325.17MJun 29, 2026

Fund ownership

AD fund ownership
Holder% heldSharesValueReported
American Century ETF Trust-Avantis U.S. Small Cap Value ETF1.38%735,82724.17MSep 29, 2026
DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio1.04%557,14618.30MJul 30, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund0.96%514,41016.90MJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund0.69%367,05312.06MJun 29, 2026
DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Targeted Value Portfolio0.67%359,39111.81MJul 30, 2026
Dimensional ETF Trust-Dimensional U.S. Targeted Value ETF0.47%251,7198.27MJul 30, 2026
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