Loop Capital Forecasts Strong Price Appreciation for ARM (NASDAQ:ARM) Stock

ARM (NASDAQ:ARM) had its target price raised by research analysts at Loop Capital from $155.00 to $180.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Loop Capital’s price objective indicates a potential upside of 21.02% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. BNP Paribas raised shares of ARM from a “neutral” rating to an “outperform” rating and raised their target price for the company from $110.00 to $210.00 in a research note on Wednesday, July 16th. BNP Paribas Exane raised shares of ARM from a “neutral” rating to an “outperform” rating and set a $210.00 price objective for the company in a report on Wednesday, July 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of ARM in a research report on Wednesday, October 8th. 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. Finally, Wells Fargo & Company raised their price objective on ARM from $190.00 to $195.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, ARM currently has a consensus rating of “Moderate Buy” and an average target price of $179.80.

ARM Price Performance

Shares of NASDAQ:ARM traded down $1.00 during trading on Wednesday, hitting $148.74. 1,509,641 shares of the company were exchanged, compared to its average volume of 5,289,940. ARM has a 52-week low of $80.00 and a 52-week high of $183.16. The stock has a 50 day moving average of $156.06 and a 200 day moving average of $145.60. The company has a market cap of $157.14 billion, a PE ratio of 190.69, a P/E/G ratio of 9.55 and a beta of 4.11.

ARM (NASDAQ:ARM) last issued its earnings results on Wednesday, November 5th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.33 by $0.06. The business had revenue of $1.14 billion during 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 firm’s revenue 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. Sell-side analysts forecast that ARM will post 0.9 EPS for the current fiscal year.

Institutional Trading of ARM

Institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in ARM by 126.0% during the 3rd quarter. GAMMA Investing LLC now owns 174 shares of the company’s stock valued at $25,000 after buying an additional 97 shares during the last quarter. Huntington National Bank bought a new stake in shares of ARM in the second quarter worth about $30,000. Grey Fox Wealth Advisors LLC purchased a new position in ARM during the 3rd quarter valued at about $28,000. FWL Investment Management LLC purchased a new position in ARM during the 2nd quarter valued at about $34,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in ARM during the 2nd quarter valued at approximately $39,000. Hedge funds and other institutional investors own 7.53% of the company’s stock.

ARM Company Profile

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.