Array Digital Infrastructure, Inc. (NYSE:AD) is one of the On May 26, 2026, JPMorgan lowered the firm’s price target on Array Digital Infrastructure, Inc. (NYSE:AD) to $54 from $60 and maintained an Overweight rating on the shares.
JPMorgan said the company’s tower momentum remains strong and its spectrum monetization is progressing
The firm also updated its sum-of-the-parts valuation for Array. On May 8, 2026, Array Digital Infrastructure, Inc. (NYSE:AD) reported Q1 continuing operations EPS of $2.08, compared to 5c last year. Revenue totaled $52.0M, up from $27.0M last year.
President and CEO Anthony Carlson said Array is executing on its 2026 priorities, citing tower operations optimization, new colocation applications, steady tower tenancy growth, pending spectrum transactions, and support for T-Mobile’s integration. Angelo Giampiccolo/ Array Digital Infrastructure, Inc. (NYSE:AD) expects FY26 revenue of $200M-$215M, adjusted EBITDA of $200M-$215M, and capital expenditures of $25M-$35M. Array Digital Infrastructure, Inc. (NYSE:AD) owns and operates shared wireless communications infrastructure in the United States.