What the analyst said
StoneX analyst Gary Mobley reiterated a Hold rating on Arm Holdings (NASDAQ: ARM).
“As we highlighted in our Arm Holdings (ARM) initiation as well as a our EDA/IP industry primer, ARM is among the best positioned to take advantage of the rapidly expanding opportunity for data center CPUs as well as deeper penetration for ARM CPUs in automotive, PCs and other markets previously dominated by competing processor architectures.
However, as it relates to the FY27-FY28 consensus revenue view, we see limited upside in the near-term due mostly to continued fab capacity constraints (e.g., the limiting constraint to ARM AGI CPU revenue).
Given that ARM shares are trading at >100.0x NTM non-GAAP EPS, this creates a difficult set up for ARM shares until Dec-Q results are reported in Feb, or until management updates investors on supply.”
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.
Track record
Firm track recordStoneX: 50% of its 4 targets at least a year old were reached within 12 months. Accuracy ranking →
Other analysts on Arm
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
New Street ResearchBuy
Upgraded · Jul 30
$260