What the analyst said
HSBC analyst Frank Lee downgraded Arm Holdings (NASDAQ: ARM) from Buy to Hold with a price target of $315.
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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 $315 target is 34% below the median, the lowest on the Street.
Since the note ARM has moved −32% (from $299). 12-month window: day 112 of 365, closes on July 14, 2027.
Track record
This call✓ Target reached on September 21, 2026, 2 months after the note.
Firm track recordHSBC: 60% of its 20 targets at least a year old were reached within 12 months (#24 of 26 firms). Accuracy ranking →
HSBC on Arm
HSBC price targets on Arm
3 calls from March 20, 2026 to July 14, 2026. The target went from $205 to $315 (+54%). The rating moved from Buy to Hold.
- July 14, 2026 This noteDowngraded to Hold, target raised from $245 (+29%)Hold$315
- May 5, 2026Target raised from $205 (+20%)Buy$245
- March 20, 2026Earliest call shownBuy$205
