What the analyst said
Jefferies analyst Janardan Menon raised the price target on Arm Holdings (NASDAQ: ARM) to $210.00 (from $170.00) while maintaining a Buy rating.
“At Arm’s Everywhere event the company unveiled its AGI CPU chip through which it expects to generate $15bn of additional revenue by FY31, within an Agentic AI-led CPU SAM of over $100bn.
An impressive array of confirmed customers led by Meta and OpenAI supported Arm’s revenue guidance.
The chip’s revenue trend is well above our expectations and we expect the stock to price in this significant step up in revenue and earnings. We raise our PT from $170 to $210.”
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Where the price stands
ARM trades at $203. The 2 analysts who set a target in the last 3 months range from $320 to $641, with a median of $481. This $210 target is 56% below the median, the lowest on the Street.
Since the note ARM has moved +51% (from $135). 12-month window: day 223 of 365, closes on March 25, 2027.
Track record
This call✓ Target reached on April 24, 2026, 30 days after the note.
Firm track recordJefferies: 67% of its 18 targets at least a year old were reached within 12 months (#21 of 26 firms). Accuracy ranking →
Jefferies on Arm
Jefferies price targets on Arm
4 calls from February 5, 2026 to July 20, 2026. The target went from $170 to $320 (+88%). The rating stayed Buy.
- July 20, 2026Target raised from $290 (+10%)Buy$320
- May 7, 2026Target raised from $210 (+38%)Buy$290
- March 25, 2026 This noteTarget raised from $170 (+24%)Buy$210
- February 5, 2026Earliest call shownBuy$170
