What the analyst said

Needham analyst Charles Shi raised the price target on Arm Holdings (NASDAQ: ARM) to $255.00 (from $200.00) while maintaining a Buy rating.

“Arm reported C1Q26 results slightly ahead of guidance mid-point on both revenue and non-GAAP EPS, with licensing revenue showing significant strength sequentially into the quarter.

C2Q26 guidance was slightly ahead of our/consensus estimates, with both licensing and royalties resuming growth (both +20% YoY).

Looking out further, FY27 (Mar’27) is expected at +20% YoY, with sequential growth expected each quarter.

In March of this year ARM revealed it is entering the CPU market, and it had received $2B of customer interest through FY28 (2x prior expectations).

At the moment, ARM is not committing to delivering the full $2B demand as the company is still working to secure CY27 foundry wafers.

Our CY27 estimates remain largely unchanged, but our PT is raised to $255 as we believe in the strong upside to the $1B CPU revenue forecast.”

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Where the price stands

ARM trades at $197. The 2 analysts who set a target in the last 3 months range from $320 to $641, with a median of $481. This $255 target is 47% below the median, the lowest on the Street.

Since the note ARM has moved −17% (from $237). 12-month window: day 179 of 365, closes on May 7, 2027.

Track record

This call✓ Target reached on May 20, 2026, 13 days after the note.

Firm track recordNeedham: 100% of its 6 targets at least a year old were reached within 12 months. Accuracy ranking →

Earnings reactionOne of 13 notes after Arm’s May 6 results: 13 raised · 0 cut · 0 kept. See every call →

Needham on Arm

Needham price targets on Arm

4 calls from February 5, 2026 to June 16, 2026. The target went from $200 to $400 (+100%). The rating moved from Hold to Buy.

Needham targetARM share price
  1. June 16, 2026Target raised from $255 (+57%)Buy$400
  2. May 7, 2026 This noteTarget raised from $200 (+28%)Buy$255
  3. March 26, 2026Upgraded to Buy, set a $200 targetBuy$200
  4. February 5, 2026Earliest call shownHoldNo target
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Other analysts on Arm

StoneXHold Kept rating Oct 26 Piper SandlerBuy Initiated coverage Sep 10 $320 Raymond JamesBuy Raised price target +13%, kept rating Aug 25 $641from $565 RosenblattBuy Cut price target −7%, kept rating Jul 31 $250from $270 UBSBuy Cut price target −11%, kept rating Jul 30 $320from $360
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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.