A Look At Array Digital Infrastructure (AD) Valuation After Q4 2025 Results And 2026 Growth Outlook

Array Digital Infrastructure (AD) caught investors’ attention after Q4 2025 results and 2026 guidance combined higher revenue, stronger profitability and a clearer tower focused model following wireless divestitures and major spectrum transactions.

See our latest analysis for Array Digital Infrastructure.

Despite the strong Q4 headlines, Array Digital Infrastructure’s recent share price performance has cooled, with a 7 day share price return of a 4.7% decline and year to date share price return of a 10.2% decline. However, the 1 year total shareholder return of 28.8% and 3 year total shareholder return of around 2.6x suggest longer term holders have still seen very strong gains.

If tower focused infrastructure is on your radar after Array’s update, it could be worth seeing what else is out there through our 24 power grid technology and infrastructure stocks as a starting point for ideas.

With AD now trading below its recent highs but still carrying a strong multi year return record and trading at a discount to some analyst targets, is the pullback a fresh entry point, or is future growth already priced in?

Most Popular Narrative: 16.7% Undervalued

Array Digital Infrastructure’s most followed narrative pegs fair value around $58.17 per share, compared with the last close at $48.47, putting that valuation view under the spotlight.

The T-Mobile transaction and fiber program expansion could enhance earnings and drive future revenue growth through debt reduction and increased internet penetration. Cost optimization and tower revenue growth suggest potential for improved net margins and sustainable revenue from increased wireless demand.

Read the complete narrative.

It is worth examining how a tower-heavy, lower-revenue model can still support that valuation gap to fair value and analyst targets. The narrative focuses on margin recovery, cash from spectrum deals, and a richer future earnings multiple. It can be useful to identify which assumptions carry the most weight in that fair value calculation and how sensitive the outcome is if the underlying factors change.

Result: Fair Value of $58.17 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, the story could change quickly if regulatory approvals around spectrum deals are delayed or if wireless competition continues to pressure service revenues and margins.

Find out about the key risks to this Array Digital Infrastructure narrative.

Next Steps

With mixed sentiment in the story so far, it makes sense to check the numbers yourself and move quickly to form your own view, starting with 2 key rewards and 2 important warning signs.

Looking for more investment ideas?

If you stop at just one company, you risk missing other opportunities that might suit your goals better, so broaden your search before you commit.

• Target high potential value by checking our list of 56 high quality undervalued stocks that combine quality fundamentals with pricing that some investors may find appealing.
• Strengthen your focus on stability by scanning 80 resilient stocks with low risk scores that score well on our risk metrics and may offer a smoother ride through market swings.
• Get ahead of the crowd by reviewing our screener containing 23 high quality undiscovered gems that the wider market may not be paying attention to yet.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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