ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
Communication Services · Communication Infrastructure · NYSE
Array Digital Infrastructure is a communication infrastructure provider focused on site leasing and spectrum management.
What ARRAY DIGITAL INFRASTRUCTURE, INC. does
Array Digital Infrastructure provides site rental and associated services for communication infrastructure. The company generates revenue primarily through the leasing of tower and communication sites, supplemented by service offerings and spectrum-related activities.
Themes: telecom infrastructure, wireless infrastructure, spectrum management
Fundamentals
- Price$35.66 as of 2026-08-26 close
- Market cap$3.1B as of 2026-08-26
- 1-year return-34.1% 2025-08-26 close $54.13 → 2026-08-26 close $35.66
- P/E14.89 as of 2026-08-26
- Net margin+19.3% as of 2026-08-26
- Gross margin+57.5% as of 2026-08-26
- ROE+7.2% as of 2026-08-26
- Debt / equity0.36 as of 2026-08-26
- Revenue growth (YoY)-71.0% as of 2026-08-26
- Revenue CAGR (3y)-66.1% SEC XBRL
- Beta0.55 as of 2026-08-26
- Last reported earnings2026-08-07 SEC EDGAR Form 8-K (Item 2.02)
Dividend: yield n/a — an indicated yield this high is not a forward yield — a stale or one-off dividend over the current price; at least 1 years of non-decreasing per-share dividends (SEC XBRL) — we do not hold the year before it, so the real streak may be longer.
How AD compares in its sector
- price-to-earnings ratiobottom 25% 68 covered Communication Services peers, as of 2026-08-26
- net profit margintop 10% 132 covered Communication Services peers, as of 2026-08-26
- operating marginmiddle range 132 covered Communication Services peers, as of 2026-08-26
- gross marginmiddle range 132 covered Communication Services peers, as of 2026-08-26
- return on equitymiddle range 132 covered Communication Services peers, as of 2026-08-26
- 3-year revenue CAGRbottom 10% 121 covered Communication Services peers
- free cash flow (absolute dollars, latest fiscal year)middle range 114 covered Communication Services peers, as of FY2025
Position among covered Communication Services companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage (FY2025)
Exceeded at least one reported measure. In FY2025, AD's dividend exceeded at least one reported measure of what it earned or generated (earnings payout 4075%, free-cash-flow payout 1144%). A payout above 100% in one year is not necessarily unsustainable, but it is not fully covered by that measure.
- Earnings payout4075% dividends / net income
- Free-cash-flow payout1144% dividends / (operating cash flow − capex)
Coverage derived from reported SEC EDGAR XBRL figures for FY2025 (dividends paid vs. net income and free cash flow, same fiscal year). This describes PAST coverage for one fiscal year — it does not predict whether a dividend will be maintained, raised, or cut, and a one-year payout ratio can be distorted by non-recurring items. Informational only — not financial advice.
How ARRAY DIGITAL INFRASTRUCTURE, INC. looks technically
ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) is trading 22.7% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 51 trading days ago — a "death cross", a bearish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 9 trading days ago. It is 41.4% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 22.7% below its 200-day average, the long-term trend line — a long-term downtrend | -22.7% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $35.69 | $35.69 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $46.12 | $46.12 |
| Swing structure | each recent peak has been lower than the one before it and each dip deeper — the pattern chart-watchers call a downtrend, which describes where price has already been and not where it goes next | lower highs and lower lows |
| Last swing turn | its last significant turn was a swing high 19 calendar days ago — the swings before that are what the structure reading is measured on | 19 sessions |
| Wave structure | its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 5 of five; the labelling fails if price closes above 36.76. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible downward five-wave sequence, in wave 5 (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 51 trading days ago — a "death cross", a bearish long-term signal | 51 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 18, below the 25 that marks a real trend) | 18.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 49, neither overbought (above 70) nor oversold (below 30) | 49.2 |
|---|---|---|
| Position in its 14-day range | it is trading around the middle of its 14-day range ($34.65 to $36.76) — its "stochastic" reading is 48 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 47.9 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 34 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $60.82 | $60.82 |
|---|---|---|
| From the 52-week high | it is 41.4% below its 52-week high (its highest price of the past year) | -41.4% |
| Above the 52-week low | it is 5.8% above its 52-week low (its lowest price of the past year) | +5.8% |
| Below the 52-week high | it is 41.4% below its highest point of the past year | 41.4% |
| Since a 20-day breakout | it made a new 20-day high about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day low about 26 trading days ago | 26 sessions |
| All-time high | its highest closing price on record is $125.75 (set on 1999-11-29) | $125.75 |
| Given back of the 52-week move | over the past year its closes ranged ($33.97 to $60.28), and it has recovered only a small part of its fall from last year’s high — 6% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $50.23 to $51.07. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 6.4% |
| From the all-time high | it is 71.6% below its all-time high | -71.6% |
| Nearest price level | it is trading 26.9% below a resistance level at $45.23 — a price it turned at twice since 2026-03-20, most recently on 2026-03-30. Since 2024-08-26 it has 0 such levels below the current price and 16 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +26.9% |
| All-time low | its lowest closing price on record is $12.75 (set on 1990-10-30) | $12.75 |
| Above the all-time low | it is 179.7% above its all-time low | +179.7% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 2% of the past ~6 months), which often precedes a bigger move | 2nd percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.8966 between its high and its low — about 2.5% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.8966 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $34.69 and $36.02 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $34.69 – $35.35 – $36.02 |
| Typical daily range (% of price) | its price moves about 2.5% in a typical session — calmer than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 2.5% |
| Stretch from the 200-day average | it is trading 11.7 daily ranges below its 200-day average price (22.7% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 11.7 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.48× |
|---|
Analyst
2
| Change in the average price target | analysts have cut their average price target by 6.5% since the prior reading | -6.5% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-26 0.5% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.5% |
|---|---|---|
| Open gap | it gapped 2.8% above the previous close 22 sessions ago and has not traded back through the level it left behind at 34.18 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +2.8% |
| Gap filled | a 3.1% gap up opened on 2026-08-07 has been "filled" 13 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 13 sessions ago |
Price streaks
1
| Closing streak | it closed lower in its latest session, after a session that did not close lower — a single down day rather than a run | 1 session down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 0.6 percentage points (the stock gained 4.3% while the market gained 3.8%) | +0.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 31.7 percentage points (the stock lost 29.6% while the market gained 2.1%) | -31.7% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 36.9 percentage points (the stock lost 25.8% while the market gained 11.1%) | -36.9% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 52.9 percentage points (the stock lost 34.1% while the market gained 18.7%) | -52.9% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 1.1% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-20 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 27.8% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -1.1% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 23% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $46.06 — a volume-weighted average of daily closes over 162 sessions, not a true tick-by-tick VWAP. | -22.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 1% above the average price paid since it last reported on 2026-08-07 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $35.46 — a volume-weighted average of daily closes over 14 sessions, not a true tick-by-tick VWAP. | +0.6% |
Price levels it has turned at before
AD last closed at $35.66 on 2026-08-26. Since 2024-08-26 it has turned at 0 prices below its last close and 16 above; the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $45.23 | Resistance | 26.9% above the last close | turned there twice · 2026-03-20 to 2026-03-30 |
| $46.95 | Resistance | 31.7% above the last close | turned there three times · 2025-09-25 to 2026-04-22 |
| $48.73 | Resistance | 36.6% above the last close | turned there twice · 2025-10-08 to 2025-12-16 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part downward sequence — what Elliott-wave chartists call an impulse — now in leg 5 of five.
This labelling fails — stops being a possible reading at all — if it closes above $36.76.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $22.76 and $31.41 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
This reading has stood for 9 trading days, since 2026-08-14.
Read from daily closes as of 2026-08-26.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · in a Bollinger Band volatility squeeze · trendless / choppy (low ADX) · Analyst price target recently CUT · lagging the market | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-08-26. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (2.25 mean, 1=Strong Buy…5=Strong Sell) — 3 analysts
- Mean price target$43.33 range $40.00 – $45.00; median $45.00
Analyst estimates, as of 2026-08-24. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for AD
- Consensus EPS estimate$0.38 next reporting period, as of 2026-08-24
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Uncertainty related to the pending non-binding acquisition proposal from TDS could divert management attention and cause stock price volatility.","Fluctuations in market interest rates impact the fair value of fixed-rate debt and interest expense on variable-rate debt."]
Insider activity (SEC Form 4)
No open-market insider purchases or sales recorded in the last 90 days.
Most recent open-market transaction: 2025-08-18. As of 2026-08-27.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about AD's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding AD as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 732,462
- Reported value $33,795,805
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 2 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
AD had 1,949,677 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for AD because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 1,949,677
- Prior settlement (shares) 2,034,551
- Reported change -4.17%
- Days to cover (reported) 14.81
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Frequently asked questions
What does ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) do?
Array Digital Infrastructure provides site rental and associated services for communication infrastructure. The company generates revenue primarily through the leasing of tower and communication sites, supplemented by service offerings and spectrum-related activities.
What sector is ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) in?
ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) is classified in the Communication Services sector. Its industry is Communication Infrastructure. It trades on NYSE.
Does AD pay a dividend?
Yes — ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) pays a dividend, with at least 1 years of non-decreasing per-share dividends (SEC EDGAR XBRL) — we do not hold the year before it, so the real streak may be longer (market data, as of 2026-08-26). Informational only — not financial advice.
Is ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) overbought or oversold right now?
ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 49, in the neutral middle (as of 2026-08-26). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on AD come from?
Fundamentals and prices come from market data, as of 2026-08-26; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-26. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-26.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.