Barclays Issues Positive Forecast for ARM (NASDAQ:ARM) Stock Price

ARM (NASDAQ:ARM) had its price target lifted by Barclays from $115.00 to $165.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other brokerages also recently weighed in on ARM. Morgan Stanley lowered their target price on ARM from $180.00 to $171.00 and set an “overweight” rating for the company in a research note on Thursday, October 9th. BNP Paribas upgraded shares of ARM from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $110.00 to $210.00 in a research note on Wednesday, July 16th. Wells Fargo & Company increased their price objective on shares of ARM from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. BNP Paribas Exane upgraded shares of ARM from a “neutral” rating to an “outperform” rating and set a $210.00 target price on the stock in a research note on Wednesday, July 16th. Finally, Raymond James Financial lifted their price target on ARM from $140.00 to $165.00 and gave the stock an “outperform” rating in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $178.55.

ARM Stock Performance

Shares of NASDAQ:ARM traded down $5.87 during mid-day trading on Thursday, hitting $152.38. 5,788,375 shares of the company traded hands, compared to its average volume of 5,322,980. The firm has a market cap of $160.99 billion, a P/E ratio of 195.36, a PEG ratio of 10.06 and a beta of 4.11. ARM has a 52-week low of $80.00 and a 52-week high of $183.16. The firm’s 50 day simple moving average is $155.10 and its 200 day simple moving average is $144.07.

ARM (NASDAQ:ARM) last posted its quarterly earnings data 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. ARM had a net margin of 18.81% and a return on equity of 15.39%. The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same quarter last year, the firm posted $0.30 earnings per share. The business’s quarterly revenue was up 34.5% on a year-over-year basis. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. Equities research analysts expect that ARM will post 0.9 EPS for the current fiscal year.

Hedge Funds Weigh In On ARM

A number of large investors have recently bought and sold shares of ARM. Goldman Sachs Group Inc. grew its holdings in shares of ARM by 59.3% during the first quarter. Goldman Sachs Group Inc. now owns 6,574,854 shares of the company’s stock valued at $702,129,000 after purchasing an additional 2,446,224 shares during the last quarter. Schroder Investment Management Group lifted its stake in ARM by 41.7% in the second quarter. Schroder Investment Management Group now owns 4,745,957 shares of the company’s stock valued at $767,611,000 after buying an additional 1,396,684 shares during the last quarter. Sustainable Growth Advisers LP boosted its holdings in shares of ARM by 116.8% during the second quarter. Sustainable Growth Advisers LP now owns 3,457,220 shares of the company’s stock valued at $559,171,000 after acquiring an additional 1,862,626 shares during the period. Bank of America Corp DE grew its position in shares of ARM by 12.8% during the second quarter. Bank of America Corp DE now owns 1,476,743 shares of the company’s stock worth $238,848,000 after acquiring an additional 168,149 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in ARM by 27.9% in the 2nd quarter. Franklin Resources Inc. now owns 1,417,829 shares of the company’s stock valued at $229,320,000 after purchasing an additional 309,698 shares during the last quarter. Institutional investors own 7.53% of the company’s stock.

About ARM

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.