Evercore ISI Lowers Arm Holdings Price Target to $170

Analyst: Mark Lipacis 1 min read Reproduced verbatim
Rating
Outperform
Target
$170
from $215 (−21%)
Outcome
Reached
on April 20, 2026
Evercore and Arm logos

What the analyst said

Evercore ISI analyst Mark Lipacis lowered the price target on Arm Holdings (NASDAQ: ARM) to $170.00 (from $215.00) while maintaining an Outperform rating.

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 $204. The 2 analysts who set a target in the last 3 months range from $320 to $641, with a median of $481. This $170 target is 65% below the median, the lowest on the Street.

Since the note ARM has moved +94% (from $105). 12-month window: day 271 of 365, closes on February 5, 2027.

Track record

This call✓ Target reached on April 20, 2026, 2 months after the note.

Firm track recordEvercore: 88% of its 16 targets at least a year old were reached within 12 months (#3 of 26 firms). Accuracy ranking →

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

Evercore on Arm

Evercore price targets on Arm

3 calls from February 5, 2026 to July 30, 2026. The target went from $170 to $326 (+92%). The rating stayed Buy.

Evercore targetARM share price
  1. July 30, 2026Target raised from $227 (+44%)Buy$326
  2. March 25, 2026Target raised from $170 (+34%)Buy$227
  3. February 5, 2026 This noteEarliest call shownBuy$170
Share
Share on
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.