ARM (NASDAQ:ARM – Get Free Report) had its price target boosted by analysts at Wells Fargo & Company from $190.00 to $195.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target suggests a potential upside of 27.97% from the company’s current price.
A number of other research analysts also recently weighed in on the company. The Goldman Sachs Group initiated coverage on ARM in a research note on Thursday, July 10th. They set a “neutral” rating and a $160.00 price target on the stock. UBS Group upped their target price on ARM from $175.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of ARM in a research report on Wednesday, October 8th. BNP Paribas Exane upgraded shares of ARM from a “neutral” rating to an “outperform” rating and set a $210.00 price target for the company in a research note on Wednesday, July 16th. Finally, Needham & Company LLC reissued a “hold” rating on shares of ARM in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, ARM has an average rating of “Moderate Buy” and an average target price of $178.55.
View Our Latest Analysis on ARM
ARM Stock Down 3.7%
ARM (NASDAQ:ARM – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.06. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.06 billion. ARM had a net margin of 18.81% and a return on equity of 15.03%. The business’s revenue was up 34.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.30 earnings per share. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities analysts predict that ARM will post 0.9 earnings per share for the current year.
Hedge Funds Weigh In On ARM
A number of institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC increased its stake in ARM by 126.0% in the third quarter. GAMMA Investing LLC now owns 174 shares of the company’s stock valued at $25,000 after acquiring an additional 97 shares during the last quarter. Brooklyn Investment Group bought a new stake in ARM in the first quarter valued at approximately $28,000. Grey Fox Wealth Advisors LLC bought a new stake in ARM during the 3rd quarter valued at $28,000. Huntington National Bank purchased a new position in shares of ARM in the second quarter valued at about $30,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of ARM during the first quarter worth about $34,000. 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.
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