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AD
AD
Array Digital Infrastructure, Inc.
$50.79
-0.43
(-0.84%)
| Exchange: | NYSE |
| Market Cap: | 4.38B |
| Shares Outstanding: | 87.405M |
Delayed data
About The Company
| Sector: | Communication Services | |||||
| Industry: | Telecommunications Services | |||||
| CEO: | Anthony J. Carlson | |||||
| Full Time Employees: | 4100 | |||||
| Address: |
| |||||
| Website: | https://www.arrayinc.com |
Array Digital Infrastructure, Inc. (ADI) specializes in providing wireless telecommunications services across the United States. Its primary service offerings include voice communication, messaging capabilities, and data transmission. Beyond connectivity, ADI supplies a comprehensive range of wireless devices, such as mobile phones, tablets, portable hotspots, home phone systems, and internet routers. The company also furnishes essential wireless accessories like protective cases, screen guards, power chargers, and memory cards, alongside a selection of consumer electronics, including Bluetooth audio devices, Wi-Fi enabled cameras, and networking products. Additionally, ADI facilitates the distribution of wireless devices to authorized agents and external distributors for subsequent resale. Customers are also offered the flexibility to acquire devices and accessories via installment payment contracts. The company further extends its services to encompass wireless roaming, its capacity as an eligible telecommunications carrier, and the leasing of tower infrastructure. Serving a diverse customer base, Array Digital Infrastructure, Inc. caters to individual consumers, commercial enterprises, and governmental organizations. It delivers its products and services through a multi-faceted approach, utilizing direct retail sales, dedicated sales teams, telephone sales, e-commerce platforms, various resellers, independent agents, and strategic partnerships with national third-party retailers. Tracing its origins, the company was incorporated in 1983 and maintains its corporate headquarters in Chicago, Illinois. It operated under the name United States Cellular Corporation until August 2025, when it officially rebranded as Array Digital Infrastructure, Inc. As of November 7, 2024, Array Digital Infrastructure, Inc. functions as a subsidiary of Telephone and Data Systems, Inc.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 3,906,000 | 3,770,000 | 162,961 |
| Gross Profit | 2,178,000 | 2,140,000 | 35,214 |
| EBITDA | 963,000 | 826,000 | -968 |
| Operating Income | 139,000 | -12,000 | -49,230 |
| Net Income | 54,000 | -39,000 | 290,921 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 10,750,000 | 10,449,000 | 4,942,650 |
| Total Liabilities | 6,096,000 | 5,841,000 | 2,368,093 |
| Total Stockholders Equity | 4,626,000 | 4,577,000 | 2,567,626 |
| Total Debt | 4,030,000 | 3,822,000 | 1,709,367 |
| Cash and Cash Equivalents | 150,000 | 144,000 | 113,400 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 866,000 | 883,000 | 200,836 |
| Capital Expenditure | -738,000 | -557,000 | -27,200 |
| Free Cash Flow | 128,000 | 326,000 | 173,636 |
| Net Income | 58,000 | -32,000 | 169,652 |
| Net Change in Cash | -129,000 | -20,000 | -45,600 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 223,758.034 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 241,345.739 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 234,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 41,824.080 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 45,111.513 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 43,738.473 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 84,367.057 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 90,998.429 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 88,228.748 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 0 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 0 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 3 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 0 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates AD intrinsic value between $54.04 – $55.78 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
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Common questions about AD valuation
Is Array Digital Infrastructure, Inc. (AD) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Array Digital Infrastructure, Inc. (AD) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is AD a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether AD trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is AD’s P/E ratio?
You can see AD’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for AD?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is AD a good long-term investment?
Whether AD fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
AD
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Daily snapshot
-0.84
Trading Metrics:
| Open: | 51.3 | Previous Close: | 51.22 | |
| Day Low: | 50.62 | Day High: | 52.58 | |
| Year Low: | 44.03 | Year High: | 79.17 | |
| Price Avg 50: | 49.7 | Price Avg 200: | 49.9 | |
| Volume: | 437892 | Average Volume: | 271660 |
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