ARM (NASDAQ:ARM) Given New $200.00 Price Target at KeyCorp

ARM (NASDAQ:ARM) had its target price increased by KeyCorp from $190.00 to $200.00 in a report published on Thursday morning,Benzinga reports. KeyCorp currently has an overweight rating on the stock.

A number of other analysts have also recently weighed in on the stock. Wells Fargo & Company raised their price target on shares of ARM from $175.00 to $190.00 and gave the company an “overweight” rating in a report on Wednesday, October 22nd. Evercore ISI boosted their target price on shares of ARM from $173.00 to $178.00 and gave the stock an “outperform” rating in a research report on Thursday, September 11th. Rosenblatt Securities restated a “buy” rating and issued a $180.00 price objective on shares of ARM in a research note on Thursday. Needham & Company LLC reissued a “hold” rating on shares of ARM in a report on Thursday. Finally, Raymond James Financial boosted their price target on ARM from $140.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, ARM currently has an average rating of “Moderate Buy” and a consensus price target of $178.55.

ARM Stock Performance

ARM stock traded down $5.87 during mid-day trading on Thursday, reaching $152.38. 5,788,375 shares of the company were exchanged, compared to its average volume of 5,322,980. The firm has a market cap of $160.99 billion, a P/E ratio of 195.36, a PEG ratio of 10.06 and a beta of 4.11. The business has a fifty day moving average of $155.10 and a 200 day moving average of $144.07. ARM has a 12-month low of $80.00 and a 12-month high of $183.16.

ARM (NASDAQ:ARM) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.33 by $0.06. ARM had a return on equity of 15.39% and a net margin of 18.81%.The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same period in the previous year, the company posted $0.30 EPS. The business’s revenue for the quarter was up 34.5% compared to the same quarter last year. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. Sell-side analysts predict that ARM will post 0.9 EPS for the current year.

Institutional Trading of ARM

Institutional investors and hedge funds have recently modified their holdings of the stock. Ritholtz Wealth Management raised its stake in ARM by 3.0% in the 3rd quarter. Ritholtz Wealth Management now owns 2,439 shares of the company’s stock valued at $345,000 after purchasing an additional 70 shares during the last quarter. Nwam LLC lifted its stake in shares of ARM by 4.3% in the third quarter. Nwam LLC now owns 1,711 shares of the company’s stock worth $242,000 after buying an additional 71 shares in the last quarter. Haven Private LLC lifted its stake in shares of ARM by 0.9% in the second quarter. Haven Private LLC now owns 7,973 shares of the company’s stock worth $1,290,000 after buying an additional 74 shares in the last quarter. Americana Partners LLC boosted its position in ARM by 1.0% during the third quarter. Americana Partners LLC now owns 7,352 shares of the company’s stock worth $1,040,000 after acquiring an additional 75 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp grew its stake in ARM by 9.1% during the 3rd quarter. Murphy & Mullick Capital Management Corp now owns 926 shares of the company’s stock valued at $135,000 after acquiring an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 7.53% of the company’s stock.

About ARM

Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.