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Array reports second quarter 2026 results
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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 September 3, 2026, AD stock price climbed to $38.73 with 190,668 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 $3.35 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 +13.9%, while the SPY ETF gained +21.9%. In the last 3 month period, AD fell short of the market, returning -5.6%, while SPY returned +2.0%. However, in the most recent 2 weeks AD has outperformed the stock market by returning +9.7%, while SPY returned +0.5%.
AD support price is $37.32 and resistance is $38.60 (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.