ARM (NASDAQ:ARM) Price Target Raised to $180.00

ARM (NASDAQ:ARM) had its target price raised by investment analysts at JPMorgan Chase & Co. from $175.00 to $180.00 in a report released on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 13.74% from the company’s current price.

Several other analysts have also recently issued reports on ARM. Benchmark reiterated a “hold” rating on shares of ARM in a research note on Thursday. Wells Fargo & Company lifted their price objective on ARM from $190.00 to $195.00 and gave the company an “overweight” rating in a research note on Thursday. TD Cowen upped their target price on ARM from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday. Barclays boosted their price objective on ARM from $115.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Seaport Res Ptn upgraded shares of ARM to a “strong-buy” rating in a research report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $178.55.

ARM Stock Performance

ARM stock traded down $1.94 during mid-day trading on Thursday, reaching $158.25. The company’s stock had a trading volume of 6,861,989 shares, compared to its average volume of 5,319,471. The firm’s fifty day moving average price is $154.79 and its two-hundred day moving average price is $143.97. ARM has a 12-month low of $80.00 and a 12-month high of $183.16. The company has a market capitalization of $167.19 billion, a P/E ratio of 239.77, a PEG ratio of 10.10 and a beta of 4.11.

ARM (NASDAQ:ARM) last announced 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. ARM had a return on equity of 15.56% and a net margin of 16.96%.The company had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the business earned $0.30 earnings per share. The firm’s quarterly 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. On average, research analysts predict that ARM will post 0.9 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. boosted its stake in shares of ARM by 59.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 6,574,854 shares of the company’s stock valued at $702,129,000 after purchasing an additional 2,446,224 shares in the last quarter. Schroder Investment Management Group lifted its stake in ARM by 41.7% in the second quarter. Schroder Investment Management Group now owns 4,745,957 shares of the company’s stock worth $767,611,000 after purchasing an additional 1,396,684 shares during the last quarter. Sustainable Growth Advisers LP boosted its position in ARM by 116.8% during the second quarter. Sustainable Growth Advisers LP now owns 3,457,220 shares of the company’s stock valued at $559,171,000 after buying an additional 1,862,626 shares during the period. Bank of America Corp DE grew its stake in shares of ARM by 12.8% during the second quarter. Bank of America Corp DE now owns 1,476,743 shares of the company’s stock valued at $238,848,000 after buying an additional 168,149 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in shares of ARM by 27.9% in the second quarter. Franklin Resources Inc. now owns 1,417,829 shares of the company’s stock worth $229,320,000 after buying an additional 309,698 shares during the period. 7.53% of the stock is owned by hedge funds and other institutional investors.

ARM Company Profile

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.