31-Aug-2026
Mid-cap communication services stocks with best and worst quant ratings
Seeking Alpha News (Mon, 31-Aug 1:43 PM ET)
Business Wire (Wed, 19-Aug 8:00 AM ET)
Array reports second quarter 2026 results
PRNewswire (Fri, 7-Aug 7:31 AM ET)
TDS and Array to release second quarter operating results and host conference call on August 7, 2026
PRNewswire (Fri, 31-Jul 7:00 AM ET)
Array completes sale of select spectrum assets to Verizon for $1.0 billion
PRNewswire (Mon, 1-Jun 4:05 PM ET)
Array Digital Infrastructure, formerly US Cellular, sold its regional wireless operations serving about 4.4 million customers to T-Mobile in August 2025. The firm has agreed to sell most of its remaining spectrum licenses; however, it will still retain rights to C-band spectrum in several locations after these deals are closed. Array also owns a 5.5% stake in Verizon Wireless' Los Angeles operations, as well as other smaller wireless partnership interests in Oklahoma and upstate New York. The firm still operates a portfolio of about 4,400 wireless towers. Parent TDS has proposed to acquire the portion of Array that it doesn't already own in an all-stock transaction.
Array Digital Infrastructure Common Shares trades on the NYSE stock market under the symbol AD.
As of August 31, 2026, AD stock price climbed to $36.66 with 148,040 million shares trading.
AD has a beta of 0.69, meaning it tends to be less sensitive to market movements. AD has a correlation of 0.09 to the broad based SPY ETF.
AD has a market cap of $3.17 billion. This is considered a Mid Cap stock.
Last quarter Array Digital Infrastructure Common Shares reported $54 million in Revenue and $3.86 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $3.31.
The top ETF exchange traded funds that AD belongs to (by Net Assets): AVUV, VTI, VB, DFAT, VBR.
AD has underperformed the market in the last year with a return of +7.2%, while the SPY ETF gained +19.4%. In the last 3 month period, AD fell short of the market, returning -6.8%, while SPY returned +1.9%. However, in the most recent 2 weeks AD has outperformed the stock market by returning +1.9%, while SPY returned -1.2%.
AD support price is $35.42 and resistance is $36.59 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AD shares will trade within this expected range on the day.