Arm

ARM Holdings (NASDAQ:ARM) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/16/2024 8.23% Keybanc $65 → $75 Maintains Overweight 01/05/2024 22.66% Mizuho $75 → $85 Maintains Buy 12/26/2023 58.73% Rosenblatt $85 → $110 Maintains Buy 12/18/2023 1.01% Deutsche Bank $60 → $70 Downgrades Buy → Hold 11/20/2023 1.01% Wells Fargo → $70 Initiates Coverage On → Overweight 11/10/2023 -20.63% Morgan Stanley → $55 Initiates Coverage On → Equal-Weight 10/18/2023 -6.2% Keybanc → $65 Initiates Coverage On → Overweight 10/10/2023 -9.09% Daiwa Capital → $63 Initiates Coverage On → Buy 10/09/2023 -0.43% Loop Capital → $69 Initiates Coverage On → Buy 10/09/2023 22.66% Rosenblatt → $85 Initiates Coverage On → Buy 10/09/2023 — Wolfe Research Initiates Coverage On → Peer Perform 10/09/2023 -6.2% B of A Securities → $65 Initiates Coverage On → Buy 10/09/2023 -10.53% Mizuho → $62 Initiates Coverage On → […]

ARM Holdings (NASDAQ:ARM) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/05/2024 26.5% Mizuho $75 → $85 Maintains Buy 12/26/2023 63.7% Rosenblatt $85 → $110 Maintains Buy 12/18/2023 4.17% Deutsche Bank $60 → $70 Downgrades Buy → Hold 11/20/2023 4.17% Wells Fargo → $70 Initiates Coverage On → Overweight 11/10/2023 -18.15% Morgan Stanley → $55 Initiates Coverage On → Equal-Weight 10/18/2023 -3.27% Keybanc → $65 Initiates Coverage On → Overweight 10/10/2023 -6.24% Daiwa Capital → $63 Initiates Coverage On → Buy 10/09/2023 2.69% Loop Capital → $69 Initiates Coverage On → Buy 10/09/2023 26.5% Rosenblatt → $85 Initiates Coverage On → Buy 10/09/2023 — Wolfe Research Initiates Coverage On → Peer Perform 10/09/2023 -3.27% B of A Securities → $65 Initiates Coverage On → Buy 10/09/2023 -7.73% Mizuho → $62 Initiates Coverage On → Buy 10/09/2023 -4.75% Guggenheim → $64 Initiates Coverage

Mizuho analyst Vijay Rakesh maintains ARM Holdings (NASDAQ:ARM) with a Buy and raises the price target from $75 to $85.

ARM Holdings (NASDAQ:ARM) stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/26/2023 50.5% Rosenblatt $85 → $110 Maintains Buy 12/18/2023 -4.23% Deutsche Bank $60 → $70 Downgrades Buy → Hold 11/20/2023 -4.23% Wells Fargo → $70 Initiates Coverage On → Overweight 11/10/2023 -24.75% Morgan Stanley → $55 Initiates Coverage On → Equal-Weight 10/18/2023 -11.07% Keybanc → $65 Initiates Coverage On → Overweight 10/10/2023 -13.8% Daiwa Capital → $63 Initiates Coverage On → Buy 10/09/2023 -5.6% Loop Capital → $69 Initiates Coverage On → Buy 10/09/2023 16.29% Rosenblatt → $85 Initiates Coverage On → Buy 10/09/2023 — Wolfe Research Initiates Coverage On → Peer Perform 10/09/2023 -11.07% B of A Securities → $65 Initiates Coverage On → Buy 10/09/2023 -15.17% Mizuho → $62 Initiates Coverage On → Buy 10/09/2023 -12.44% Guggenheim → $64 Initiates Coverage On → Buy 10/09/2023 -13.8% TD Cowen →

ARM Holdings (NASDAQ:ARM) Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/18/2023 0.72% Deutsche Bank $60 → $70 Downgrades Buy → Hold 11/20/2023 0.72% Wells Fargo → $70 Initiates Coverage On → Overweight 11/10/2023 -20.86% Morgan Stanley → $55 Initiates Coverage On → Equal-Weight 10/18/2023 -6.47% Keybanc → $65 Initiates Coverage On → Overweight 10/10/2023 -9.35% Daiwa Capital → $63 Initiates Coverage On → Buy 10/09/2023 -0.72% Loop Capital → $69 Initiates Coverage On → Buy 10/09/2023 22.3% Rosenblatt → $85 Initiates Coverage On → Buy 10/09/2023 — Wolfe Research Initiates Coverage On → Peer Perform 10/09/2023 -6.47% B of A Securities → $65 Initiates Coverage On → Buy 10/09/2023 -10.79% Mizuho → $62 Initiates Coverage On → Buy 10/09/2023 -7.91% Guggenheim → $64 Initiates Coverage On → Buy 10/09/2023 -9.35% TD Cowen → $63 Initiates Coverage On → Outperform 10/09/2023 -7.91% Jefferies

Deutsche Bank analyst Ross Seymore downgrades ARM Holdings (NASDAQ:ARM) from Buy to Hold and raises the price target from $60 to $70.

Arm Holdings plc (NASDAQ: ARM) Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 11/20/2023 26.33% Wells Fargo → $70 Initiates Coverage On → Overweight 11/10/2023 -0.74% Morgan Stanley → $55 Initiates Coverage On → Equal-Weight 10/18/2023 17.31% Keybanc → $65 Initiates Coverage On → Overweight 10/10/2023 13.7% Daiwa Capital → $63 Initiates Coverage On → Buy 10/09/2023 24.53% Loop Capital → $69 Initiates Coverage On → Buy 10/09/2023 53.4% Rosenblatt → $85 Initiates Coverage On → Buy 10/09/2023 — Wolfe Research Initiates Coverage On → Peer Perform 10/09/2023 17.31% B of A Securities → $65 Initiates Coverage On → Buy 10/09/2023 11.89% Mizuho → $62 Initiates Coverage On → Buy 10/09/2023 15.5% Guggenheim → $64 Initiates Coverage On → Buy 10/09/2023 13.7% TD Cowen → $63 Initiates Coverage On → Outperform 10/09/2023 15.5% Jefferies → $64 Initiates Coverage On → Buy 10/09/2023 8.28%

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We start our 12-month target price at $65, on peer-premium P/E of 37.8x our CY 25 EPS estimate at $1.72 to reflect ARM’s higher margin (+95% gross margin) as well as more recurring-based royalty and licensing businesses. We initiate our FY 24 (Mar.) EPS estimate at $1.05, FY 25 at $1.36, and FY 26 at $1.68. Our Hold reflects our view that ARM will remain highly dependent on the sluggish mobility market (+99% share) coupled with its elevated valuation but offset by the company’s rapidly expanding total addressable market (+$200B in CY 22; growing at a mid-single-digit percentage). Increasing emphasis on the cloud and automotive arenas (up 20% in the Sep-Q) represents opportunities, as we see greater compute intensity/content growth related to AI supporting upside to revenue.

Arm Holdings Q2 2024 EPS $0.36 Up From $0.17 YoY, Revenue $806M Up From $630M YoY.