ARM (NASDAQ:ARM) Given New $190.00 Price Target at TD Cowen

ARM (NASDAQ:ARM) had its price target upped by research analysts at TD Cowen from $175.00 to $190.00 in a research report issued on Thursday. The firm currently has a “buy” rating on the stock. TD Cowen’s target price suggests a potential upside of 18.61% from the stock’s current price.

Several other brokerages have also issued reports on ARM. BNP Paribas upgraded ARM from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $110.00 to $210.00 in a report on Wednesday, July 16th. BNP Paribas Exane upgraded shares of ARM from a “neutral” rating to an “outperform” rating and set a $210.00 target price for the company in a research note on Wednesday, July 16th. Seaport Res Ptn upgraded shares of ARM to a “strong-buy” rating in a research note on Monday, August 11th. The Goldman Sachs Group assumed coverage on shares of ARM in a report on Thursday, July 10th. They set a “neutral” rating and a $160.00 price target on the stock. Finally, Evercore ISI upped their price objective on shares of ARM from $173.00 to $178.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, ARM currently has an average rating of “Moderate Buy” and an average target price of $173.55.

ARM Stock Performance

Shares of NASDAQ:ARM opened at $160.19 on Thursday. The company has a market capitalization of $169.24 billion, a PE ratio of 242.71, a price-to-earnings-growth ratio of 10.10 and a beta of 4.11. The stock has a fifty day moving average of $154.79 and a 200-day moving average of $143.97. ARM has a one year low of $80.00 and a one year high of $183.16.

ARM (NASDAQ:ARM) last released its earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. ARM had a net margin of 16.96% and a return on equity of 15.56%. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. The company’s revenue was up 34.5% compared to the same quarter last year. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, research analysts forecast that ARM will post 0.9 EPS for the current fiscal year.

Institutional Trading of ARM

Large investors have recently bought and sold shares of the stock. GAMMA Investing LLC lifted its holdings in shares of ARM by 126.0% during 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 period. Huntington National Bank acquired a new stake in shares of ARM during the 2nd quarter worth about $30,000. Grey Fox Wealth Advisors LLC bought a new position in ARM during the 3rd quarter valued at about $28,000. FWL Investment Management LLC acquired a new position in ARM in the second quarter valued at about $34,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in ARM during the second quarter worth about $39,000. 7.53% of the stock is currently owned by institutional investors.

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.