Array Digital Infrastructure (NYSE:AD) Shares Gap Down – What’s Next?

Posted by Brenda Bartman on Nov 13th, 2026

Array Digital Infrastructure Inc. (NYSE:AD – Get Free Report) shares gapped down before the market opened on Wednesday. The stock had previously closed at $30.38, but opened at $28.98. Array Digital Infrastructure shares last traded at $28.40, with a volume of 6,225 shares traded.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AD. Citigroup decreased their price target on Array Digital Infrastructure from $45.02 to $45.00 and set a “buy” rating for the company in a research note on Thursday, August 13th. Weiss Ratings lowered Array Digital Infrastructure from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, October 19th. Finally, JPMorgan Chase & Co. reduced their target price on Array Digital Infrastructure from $54.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, August 19th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Array Digital Infrastructure currently has an average rating of “Hold” and an average price target of $47.40.

Check Out Our Latest Stock Analysis on Array Digital Infrastructure

Array Digital Infrastructure Price Performance

The firm has a market cap of $2.37 billion, a P/E ratio of 13.47 and a beta of 0.34. The company has a quick ratio of 0.95, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. The business’s 50 day moving average is $34.08 and its two-hundred day moving average is $41.56.

Array Digital Infrastructure (NYSE:AD – Get Free Report) last issued its quarterly earnings results on Friday, November 6th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.73. Array Digital Infrastructure had a net margin of 291.79% and a return on equity of 8.67%. The business had revenue of $53.87 million for the quarter. During the same period last year, the company posted ($0.44) EPS. The business’s revenue was up 14.4% compared to the same quarter last year. As a group, analysts anticipate that Array Digital Infrastructure Inc. will post 1.99 earnings per share for the current year.

Institutional Investors Weigh In On Array Digital Infrastructure

Several institutional investors and hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its stake in Array Digital Infrastructure by 2.6% during the first quarter. Dimensional Fund Advisors LP now owns 2,299,582 shares of the company’s stock worth $106,102,000 after purchasing an additional 57,198 shares during the period. Bank of America Corp DE bought a new stake in Array Digital Infrastructure in the second quarter worth approximately $26,853,000. BlackRock Inc. acquired a new position in Array Digital Infrastructure in the second quarter valued at approximately $14,537,000. Tiptree Advisors LLC acquired a new position in Array Digital Infrastructure in the second quarter valued at approximately $7,365,000. Finally, First Trust Advisors LP lifted its stake in Array Digital Infrastructure by 53.8% in the third quarter. First Trust Advisors LP now owns 162,528 shares of the company’s stock valued at $5,480,000 after buying an additional 56,833 shares during the period. Institutional investors own 18.03% of the company’s stock.

Array Digital Infrastructure Company Profile

(Get Free Report)

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides devices, such as smartphones and other handsets, tablets, wearables, mobile hotspots, routers, and internet of things devices. In addition, the company offers various accessories, such as cases, screen protectors, chargers, and memory cards; and consumer electronics, including audio, home automation, and networking products; as well as offers option to purchase devices and accessories under installment contracts.