TD Cowen Lowers Arm Holdings Price Target to $165

Analyst: Krish Sankar 1 min read Reproduced verbatim
Rating
Unknown
Target
$165
from $190 (−13%)
Outcome
Reached
on April 17, 2026
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What the analyst said

TD Cowen analyst Krish Sankar lowered the price target on Arm Holdings (NASDAQ: ARM) to $165.00 (from $190.00).

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

ARM trades at $206. The 2 analysts who set a target in the last 3 months range from $320 to $641, with a median of $481. This $165 target is 66% below the median, the lowest on the Street.

Since the note ARM has moved +96% (from $105). 12-month window: day 269 of 365, closes on February 5, 2027.

Track record

This call✓ Target reached on April 17, 2026, 2 months after the note.

Firm track recordTD Cowen: 87% of its 31 targets at least a year old were reached within 12 months (#9 of 21 firms). Accuracy ranking →

Earnings reactionOne of 12 notes after Arm’s Feb 4 results: 0 raised · 10 cut · 1 kept. See every call →

TD Cowen on Arm

TD Cowen price targets on Arm

4 calls from February 5, 2026 to July 30, 2026. The target went from $165 to $350 (+112%). The rating stayed Buy.

TD Cowen targetARM share price
  1. July 30, 2026Target cut from $475 (−26%)Buy$350
  2. June 24, 2026Target raised from $265 (+79%)Buy$475
  3. May 7, 2026Target raised from $165 (+61%)Buy$265
  4. February 5, 2026 This noteEarliest call shown$165
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.