On Nov 08, major Wall Street analysts update their ratings for $Arm Holdings (ARM.US)$, with price targets ranging from $145 to $176.
J.P. Morgan analyst Harlan Sur maintains with a buy rating, and adjusts the target price from $115 to $160.
Citi analyst Andrew Gardiner maintains with a buy rating, and maintains the target price at $170.
Barclays analyst Thomas O'Malley maintains with a buy rating, and adjusts the target price from $105 to $145.
Evercore analyst Mark Lipacis maintains with a buy rating, and adjusts the target price from $173 to $176.
TD Cowen analyst Krish Sankar initiates coverage with a buy rating, and sets the target price at $165.
Furthermore, according to the comprehensive report, the opinions of $Arm Holdings (ARM.US)$'s main analysts recently are as follows:
Arm's solid fiscal Q2 results were driven by an uptick in licensing, though the projection for Q3 revenue was adjusted slightly lower while the fiscal 2025 outlook remains unchanged. Estimates have been revised upwards to reflect the anticipated stronger uptake of higher-value CSS solutions in fiscal 2026.
The company's reaffirmed outlook suggests the fiscal year may align with or exceed prior expectations, with potential for further growth given the solid v8/v9 transition and new data center ramps.
The firm noted that an increase in licensing contributed to the strong performance in the September 2024 quarter, and signs point to the potential for nearly 30% year-over-year licensing growth in FY25.
Here are the latest investment ratings and price targets for $Arm Holdings (ARM.US)$ from 9 analysts:
Note:
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