ARM (NASDAQ:ARM) Given “Neutral” Rating at Bank of America

Bank of America reissued their neutral rating on shares of ARM (NASDAQ:ARM) in a research note released on Tuesday morning, MarketBeat reports. The brokerage currently has a $120.00 price objective on the stock.

A number of other brokerages also recently commented on ARM. Loop Capital lifted their target price on ARM from $155.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, November 12th. Cowen reissued a “buy” rating on shares of ARM in a report on Thursday, November 6th. Wells Fargo & Company boosted their price objective on ARM from $190.00 to $195.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of ARM in a research note on Wednesday, October 8th. Finally, UBS Group dropped their target price on ARM from $200.00 to $195.00 and set a “buy” rating on the stock in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, ARM presently has an average rating of “Moderate Buy” and an average price target of $176.71.

ARM Price Performance

ARM stock opened at $107.84 on Tuesday. ARM has a 12 month low of $80.00 and a 12 month high of $183.16. The company has a fifty day moving average price of $128.46 and a two-hundred day moving average price of $143.24. The company has a market cap of $113.93 billion, a PE ratio of 138.26, a P/E/G ratio of 6.66 and a beta of 4.34.

ARM (NASDAQ:ARM) last issued its earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. ARM had a net margin of 18.81% and a return on equity of 15.03%. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the company earned $0.30 earnings per share. The firm’s 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. Equities research analysts anticipate that ARM will post 0.9 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of ARM. Defender Capital LLC. bought a new stake in shares of ARM during the fourth quarter valued at about $11,034,000. Willner & Heller LLC increased its stake in ARM by 9.5% during the 4th quarter. Willner & Heller LLC now owns 11,258 shares of the company’s stock valued at $1,231,000 after buying an additional 973 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI raised its position in shares of ARM by 252.2% during the 4th quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 32,624 shares of the company’s stock worth $3,566,000 after buying an additional 23,361 shares in the last quarter. Focus Financial Network Inc. lifted its stake in shares of ARM by 52.1% in the 4th quarter. Focus Financial Network Inc. now owns 4,011 shares of the company’s stock worth $438,000 after acquiring an additional 1,374 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of ARM by 1,283.2% in the 4th quarter. SG Americas Securities LLC now owns 265,608 shares of the company’s stock worth $29,034,000 after acquiring an additional 246,406 shares during the period. Institutional investors own 7.53% of the company’s stock.

ARM Company Profile

Arm Limited (NASDAQ: ARM) is a global semiconductor IP company best known for designing energy-efficient processor architectures and related technologies that underpin a wide range of computing devices. Founded in 1990 as a joint venture between Acorn Computers, Apple and VLSI Technology and headquartered in Cambridge, England, Arm develops the ARM instruction set architectures and core processor designs that chipmakers license and integrate into custom system-on-chip (SoC) products. The company operates a licensing and royalty business model rather than manufacturing chips itself.

Arm’s product portfolio includes CPU core families (such as Cortex and Neoverse lines), GPU and multimedia IP (Mali), neural processing units (Ethos) and a suite of system and physical IP blocks.