UBS analyst Timothy Arcuri initiates coverage on $Arm Holdings (ARM.US)$ with a buy rating, and sets the target price at $160.
According to TipRanks data, the analyst has a success rate of 71.3% and a total average return of 33.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Arm Holdings (ARM.US)$'s main analysts recently are as follows:
Artificial intelligence is catalyzing positive growth across all of Arm's principal markets, notably the data center, which is seen as particularly fertile. The expansion of the customer base for its intellectual property licenses and the demand from cloud customers for more power-optimized CPU architectures are key growth drivers. Additionally, in the smartphone sector where Arm's penetration is already substantial, it is expected to outpace the overall market as royalty rates increase and the processor becomes a larger component of phone costs.
Arm is anticipated to surpass consensus estimates, influenced by its shift to v9 that encompasses higher royalty rates, together with modest market share gains in Arm-based CPUs. This transition to v9 is critical, as it underpins the adoption of compute subsystems.
Note:
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