Array Digital Infrastructure, Inc. (AD)
| Market Cap | 4.82B -16.3% |
| Revenue (ttm) | 187.99M +58.3% |
| Net Income | 208.30M |
| EPS | 2.40 |
| Shares Out | 86.44M |
| PE Ratio | 14.05 |
| Forward PE | 52.61 |
| Dividend | $33.25 (59.62%) |
| Ex-Dividend Date | Jan 23, 2026 |
| Volume | 881,231 |
| Open | 49.75 |
| Previous Close | 49.30 |
| Day's Range | 49.75 - 58.29 |
| 52-Week Range | 44.03 - 79.17 |
| Beta | 0.19 |
| Analysts | Strong Buy |
| Price Target | 55.00 (-1.38%) |
| Earnings Date | May 8, 2026 |
About AD
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 In... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 3 analysts, the average rating for AD stock is "Strong Buy." The 12-month stock price target is $55.0, which is a decrease of -1.38% from the latest price.
News
Array Digital Infrastructure Earnings Call Transcript: Q1 2026
TDS reported record fiber address growth and strong tower revenue, while proposing to acquire all remaining Array shares in an all-stock deal. Guidance remains unchanged, with continued focus on fiber expansion, disciplined M&A, and spectrum monetization.
Array Digital forms special committee to evaluate Telephone and Data proposal
Array Digital (AD) confirmed that its board of directors has received a non-binding proposal, dated May 7, 2026, from Telephone and Data Systems (TDS) to acquire all of the outstanding
Array reports first quarter 2026 results
Array reaffirms 2026 guidance CHICAGO, May 8, 2026 /PRNewswire/ -- As previously announced, Array will hold a teleconference on May 8, 2026, at 9 :00 a.m. CT . Listen to the call live via the Events ...
Telephone and Data proposes to acquire shares of Array Digital
Telephone and Data Systems (TDS) announced that it has submitted a proposal to the Board of Directors of Array Digital Infrastructure (AD) (“Array”) to acquire, by way of a merger,
Array Digital Infrastructure Forms Special Committee of Independent Directors in Response to Receipt of Non-Binding Proposal from TDS
CHICAGO, May 8, 2026 /PRNewswire/ -- Array Digital Infrastructure, Inc. (NYSE: AD) ("Array" or the "Company") confirmed today that its board of directors (the "Board") has received a non-binding propo...
Telephone and Data Systems Announces Proposal to Acquire Public Shares of Array Digital Infrastructure
Proposed transaction aims to streamline corporate structure and enhance capital flexibility to support TDS' long-term growth CHICAGO, May 8, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE...
Array Digital price target lowered to $54 from $60 at RBC Capital
RBC Capital analyst Jonathan Atkin lowered the firm’s price target on Array Digital (AD) to $54 from $60 and keeps an Outperform rating on the shares after its Q4 results
Array Digital Infrastructure Transcript: 47th Annual Raymond James Institutional Investor Conference
The company completed the sale of its wireless operations and major spectrum assets, paid significant special dividends, and is now focused on growing its tower and fiber businesses. Fiber passings are set to double in 4–5 years, and a robust buyback program is underway.
TDS and Array to present at Raymond James 47th Annual Institutional Investors Conference
CHICAGO, Feb. 24, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS®) and Array Digital Infrastructure, Inc. (NYSE: AD) (Array SM) will present at the Raymond James 47th Annual Institut...
Array Digital price target lowered to $53 from $63 at Raymond James
Raymond James lowered the firm’s price target on Array Digital (AD) to $53 from $63 and keeps an Outperform rating on the shares. Array Digital’s 2026 guidance was in line
Array Digital price target lowered to $57 from $63 at Citi
Citi analyst Michael Rollins lowered the firm’s price target on Array Digital (AD) to $57 from $63 and keeps a Buy rating on the shares. The firm updated the company’s
Array Digital Infrastructure Earnings Call Transcript: Q4 2025
2025 marked a transformative year with major wireless divestitures, spectrum monetization, and a sharpened focus on fiber and tower growth. TDS Telecom expanded its fiber footprint and set higher targets, while Array saw strong tower revenue growth and continues to pursue spectrum monetization.
Array Digital sees FY26 CapEx $25M-$35M
07:41 EST Array Digital (AD) sees FY26 CapEx $25M-$35M
Array reports fourth quarter and full year 2025 results
Array issues 2026 guidance CHICAGO, Feb. 20, 2026 /PRNewswire/ -- As previously announced, Array will hold a teleconference on February 20, 2026, at 9:00 a.m. CST. Listen to the call live via the Eve...
TDS and Array to release fourth quarter operating results and host conference call on February 20, 2026
CHICAGO, Feb. 13, 2026 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and Array Digital Infrastructure, Inc.SM (NYSE: AD) will webcast their fourth quarter operating results conference c...
Array Digital declares special cash dividend of $10.25 per share
Array Digital (AD) announced the successful closing of the previously announced agreement with AT&T (T) to sell a portion of the company’s retained spectrum licenses for total consideration of $1.018B...
Array completes sale of select spectrum assets to AT&T for $1.018 billion
Board declares special dividend of $10.25 per share CHICAGO, Jan. 13, 2026 /PRNewswire/ -- Array Digital Infrastructure, Inc.SM (NYSE: AD) (ArraySM) today announced the successful closing of the previ...
Array Digital price target raised to $63 from $37 at Citi
Citi raised the firm’s price target on Array Digital (AD) to $63 from $37 and keeps a Buy rating on the shares. The firm cites a more optimistic view of
FCC approves AT&T $1 billion purchase of spectrum from US Cellular
The Federal Communications Commission said Thursday it has approved AT&T's deal to buy some wireless spectrum licenses from U.S. Cellular in a $1.02 billion deal after the Texas-based carrier committe...
Array Digital resumed with a Buy at Citi
Citi analyst Michael Rollins resumed coverage of Array Digital (AD) with a Buy rating and $37 price target The company has taken “positive steps to transform” by selling its wireless
Array Digital price target lowered to $56 from $62 at RBC Capital
RBC Capital analyst Jonathan Atkin lowered the firm’s price target on Array Digital (AD) to $56 from $62 and keeps an Outperform rating on the shares. The firm is revising
Array Digital Infrastructure Transcript: Wells Fargo's 9th Annual TMT Summit
Transitioning to a pure-play tower operator, the company is monetizing spectrum assets through major sales to AT&T, Verizon, and T-Mobile, with significant special dividends planned. Operational focus is on increasing tenancy rates, optimizing costs, and leveraging rural tower assets for 5G growth. Regular dividends and potential REIT conversion are under review.
Array to attend Wells Fargo TMT Summit
CHICAGO , Nov. 10, 2025 /PRNewswire/ -- Array Digital Infrastructure, Inc.SM (NYSE: AD) (ArraySM) today announced that Doug Chambers, Array's Interim President and CEO, will present at the Wells Fargo...
Array Digital Infrastructure Earnings Call Transcript: Q3 2025
Q3 saw the close of the T-Mobile transaction, a $1.6B special dividend, and a $500M share buyback program. TDS Telecom hit 1M fiber addresses, with strong growth in fiber net adds and ongoing E-ACAM expansion. Array's tower revenue surged, and major spectrum sales are pending.