ARM Holdings PLC Sponsored ADR (NASDAQ:ARM) Given Average Recommendation of “Moderate Buy” by Brokerages

Shares of ARM Holdings PLC Sponsored ADR (NASDAQ:ARMGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the twenty-seven analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, eighteen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $178.30.

Several equities research analysts have issued reports on ARM shares. Raymond James Financial started coverage on shares of ARM in a report on Friday, November 21st. They issued a “hold” rating on the stock. The Goldman Sachs Group cut ARM from a “neutral” rating to a “sell” rating and dropped their price target for the company from $160.00 to $120.00 in a report on Monday. KeyCorp boosted their target price on shares of ARM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of ARM in a research report on Wednesday, October 8th. Finally, TD Cowen increased their price objective on shares of ARM from $175.00 to $190.00 and gave the company a “buy” rating in a report on Thursday, November 6th.

Check Out Our Latest Research Report on ARM

ARM Trading Down 2.6%

Shares of ARM stock opened at $121.10 on Wednesday. The company’s fifty day simple moving average is $150.95 and its 200-day simple moving average is $147.51. ARM has a 1 year low of $80.00 and a 1 year high of $183.16. The company has a market cap of $127.94 billion, a price-to-earnings ratio of 155.26, a PEG ratio of 7.45 and a beta of 4.24.

ARM (NASDAQ:ARMGet Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.06 billion. ARM had a net margin of 18.81% and a return on equity of 15.03%. The firm’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.30 earnings per share. 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 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ARM. GAMMA Investing LLC lifted its stake in ARM by 126.0% in the third quarter. GAMMA Investing LLC now owns 174 shares of the company’s stock valued at $25,000 after buying an additional 97 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of ARM during the 1st quarter worth approximately $28,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of ARM in the third quarter valued at approximately $28,000. Huntington National Bank bought a new stake in shares of ARM in the second quarter worth $30,000. Finally, FWL Investment Management LLC acquired a new position in ARM during the second quarter worth $34,000. 7.53% of the stock is owned by institutional investors and hedge funds.

ARM Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for ARM (NASDAQ:ARM)

Receive News & Ratings for ARM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARM and related companies with MarketBeat.com's FREE daily email newsletter.