On Nov 09, major Wall Street analysts update their ratings for $Arm Holdings (ARM.US)$, with price targets ranging from $170 to $175.
Morgan Stanley analyst Lee Simpson maintains with a buy rating, and maintains the target price at $175.
Citi analyst Andrew Gardiner maintains with a buy rating, and maintains the target price at $170.
Jefferies analyst Janardan Menon maintains with a buy rating, and maintains the target price at $170.
Benchmark Co. analyst Cody Acree maintains with a hold rating.
Furthermore, according to the comprehensive report, the opinions of $Arm Holdings (ARM.US)$'s main analysts recently are as follows:
Arm reported robust fiscal second quarter results driven by a licensing surge, although projecting a modestly subdued revenue forecast for the third quarter. The company's forecast for fiscal 2025 remains unchanged. Projections have been adjusted to reflect an anticipated rise in the adoption of higher-value CSS solutions by fiscal 2026.
The company's reaffirmed outlook suggests that the fiscal year will be at least as good as previously anticipated, with potential for further upside due to a solid v8/v9 transition and new data center ramps.
The firm noted that the increase in licensing contributed to the strong performance in the September 2024 quarter, and the weighted signings for the fourth quarter of fiscal year 2025 could suggest a high-20% year-over-year growth in licensing for FY25.
Here are the latest investment ratings and price targets for $Arm Holdings (ARM.US)$ from 4 analysts:
Note:
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