ARM (NASDAQ:ARM) Research Coverage Started at Royal Bank Of Canada

Royal Bank Of Canada assumed coverage on shares of ARM (NASDAQ:ARM) in a report released on Wednesday, MarketBeat.com reports. The brokerage issued an outperform rating and a $140.00 price target on the stock.

A number of other analysts have also recently commented on ARM. Loop Capital boosted their target price on shares of ARM from $155.00 to $180.00 and gave the stock a “buy” rating in a research note on Wednesday, November 12th. Wells Fargo & Company boosted their price objective on ARM from $190.00 to $195.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Citigroup cut ARM from a “buy” rating to a “hold” rating in a report on Tuesday. TD Cowen lifted their price target on ARM from $175.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ARM in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $175.05.

ARM Price Performance

ARM stock opened at $105.78 on Wednesday. ARM has a 12 month low of $80.00 and a 12 month high of $183.16. The stock has a market capitalization of $111.76 billion, a PE ratio of 135.62, a price-to-earnings-growth ratio of 6.30 and a beta of 4.34. The business has a 50 day simple moving average of $125.36 and a 200-day simple moving average of $142.32.

ARM (NASDAQ:ARM) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter last year, the company earned $0.30 EPS. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, equities research analysts anticipate that ARM will post 0.9 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ARM. Amundi increased its stake in ARM by 24.8% during the first quarter. Amundi now owns 11,804 shares of the company’s stock worth $1,153,000 after acquiring an additional 2,345 shares during the last quarter. Empowered Funds LLC increased its position in shares of ARM by 28.8% during the 1st quarter. Empowered Funds LLC now owns 4,887 shares of the company’s stock worth $522,000 after purchasing an additional 1,094 shares during the last quarter. Parallel Advisors LLC raised its holdings in ARM by 14.0% in the 2nd quarter. Parallel Advisors LLC now owns 2,000 shares of the company’s stock valued at $323,000 after buying an additional 245 shares during the period. Signal Advisors Wealth LLC acquired a new position in ARM in the second quarter valued at about $1,402,000. Finally, Swedbank AB boosted its stake in ARM by 46.3% during the second quarter. Swedbank AB now owns 255,700 shares of the company’s stock worth $41,357,000 after buying an additional 80,900 shares during the period. 7.53% of the stock is currently owned by institutional investors and hedge funds.

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.