JPMorgan Maintains Overweight Rating on Array Digital Infrastructure (AD)

Array Digital Infrastructure, Inc. (NYSE:AD) is one of the 15 Most Promising Stocks to Buy Right Now. On May 26, 2026, JPMorgan lowered the firmโ€™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 companyโ€™s tower momentum remains strong and its…


JPMorgan Maintains Overweight Rating on Array Digital Infrastructure (AD)

Array Digital Infrastructure, Inc. (NYSE:AD) is one of the

15 Most Promising Stocks to Buy Right Now.

On May 26, 2026, JPMorgan lowered the firmโ€™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 companyโ€™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-Mobileโ€™s integration.

JPMorgan Maintains Overweight Rating on Array Digital Infrastructure (AD)
JPMorgan Maintains Overweight Rating on Array Digital Infrastructure (AD)

Angelo Giampiccolo/Shutterstock.com

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.

While we acknowledge the potential of AD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on theย best short-term AI stock.

READ NEXT:ย 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.ย 

Disclosure: None. Follow Insider Monkey on Google News.

Source link