Stock AnalizArray Digital Infrastructure, Inc. AD
Telecommunications Equipment · IPO 1988 · data as of November 13, 2026
Array Digital Infrastructure, Inc. (AD) is a telecom company listed in the US with a market value of about $2.4B. In the twelve months to September 30, 2026 it had revenue of $220M and net income of $643M, a net margin of 291.8%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is value (2/5); the weakest is track record (0/5).
Key numbers: a P/E of 3.7, 5-year revenue growth of -47% a year, a 5-year average ROIC of -1%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 67% below the current price.
Score: 1.4 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Profit margin improving
- More cash than debt, or low debt to equity
- Liabilities below 60% of assets
- Pays a dividend
- Stock-based pay below 5% of revenue
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $220M | $163M | $3.7B | $3.8B | $4.2B | $4.1B | $4.0B | $4.0B | $4.0B | $3.9B | $4.0B |
| Net income | $643M | $49M | -$39M | $54M | $30M | $155M | $229M | $127M | $150M | $12M | $48M |
| Free cash flow | -$426M | $174M | $864M | $826M | $230M | $78M | $248M | $74M | $197M | $4M | $58M |
| EPS (diluted) | $7.44 | $0.56 | $-0.46 | $0.63 | $0.35 | $1.77 | $2.62 | $1.44 | $1.72 | $0.14 | $0.56 |
| Net margin | 291.8% | 29.9% | -1.1% | 1.4% | 0.7% | 3.8% | 5.7% | 3.2% | 3.8% | 0.3% | 1.2% |
| ROIC | — | -1.9% | -3.1% | -1.0% | 0.6% | 1.8% | 2.0% | 1.2% | 2.1% | -4.5% | 0.5% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 3 analysts is $43.33, 56% above the current price; targets range from $40.00 to $45.00; the consensus rating is “none”; expected EPS is $7.42 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Array Digital Infrastructure’s P/E ratio?
About 3.7, based on the last twelve months of diluted earnings per share (forward P/E about 25.8).
Is Array Digital Infrastructure stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 67% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Array Digital Infrastructure pay a dividend?
Not currently.
Is Array Digital Infrastructure a good stock to buy?
We do not give buy or sell advice. Array Digital Infrastructure scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.