ARM (NASDAQ:ARM) Price Target Cut to $160.00 by Analysts at Wells Fargo & Company

ARM (NASDAQ:ARM) had its price target decreased by Wells Fargo & Company from $195.00 to $160.00 in a research note released on Monday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

Several other equities analysts have also weighed in on the company. Rosenblatt Securities reissued a “buy” rating and set a $180.00 price objective on shares of ARM in a report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ARM in a research report on Wednesday, January 21st. TD Cowen reissued a “buy” rating on shares of ARM in a report on Thursday, November 6th. JPMorgan Chase & Co. boosted their price objective on ARM from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Finally, Loop Capital upped their price objective on shares of ARM from $155.00 to $180.00 and gave the company a “buy” rating in a report on Wednesday, November 12th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $169.52.

ARM Stock Performance

Shares of ARM stock opened at $114.73 on Monday. The company has a market capitalization of $121.21 billion, a price-to-earnings ratio of 147.09, a PEG ratio of 6.95 and a beta of 4.34. ARM has a 52-week low of $80.00 and a 52-week high of $183.16. The company has a 50-day simple moving average of $121.42 and a two-hundred day simple moving average of $140.56.

ARM (NASDAQ:ARM) last announced 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. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.06 billion. ARM had a return on equity of 15.03% and a net margin of 18.81%.The company’s revenue was up 34.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.30 EPS. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, sell-side analysts forecast that ARM will post 0.9 EPS for the current fiscal year.

Institutional Investors Weigh In On ARM

A number of institutional investors and hedge funds have recently modified their holdings of ARM. Schroder Investment Management Group grew its stake in ARM by 41.7% during the second quarter. Schroder Investment Management Group now owns 4,745,957 shares of the company’s stock valued at $767,611,000 after acquiring an additional 1,396,684 shares in the last quarter. Sustainable Growth Advisers LP boosted its holdings in ARM by 116.8% in the 2nd quarter. Sustainable Growth Advisers LP now owns 3,457,220 shares of the company’s stock valued at $559,171,000 after purchasing an additional 1,862,626 shares during the period. Bank of America Corp DE boosted its holdings in ARM by 22.1% in the 3rd quarter. Bank of America Corp DE now owns 1,802,973 shares of the company’s stock valued at $255,103,000 after purchasing an additional 326,230 shares during the period. Invesco Ltd. grew its position in shares of ARM by 28.2% during the 3rd quarter. Invesco Ltd. now owns 1,772,123 shares of the company’s stock valued at $250,738,000 after purchasing an additional 390,217 shares in the last quarter. Finally, Capital Research Global Investors bought a new position in shares of ARM in the third quarter worth $243,098,000. 7.53% of the stock is owned by hedge funds and other institutional investors.

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.