What do Tipranks analysts say about ARM stock?

TipRanks analysts have a mixed opinion about ARM Holdings PLC (ARM). Here's a detailed analysis:

1. Analyst Ratings and Price Targets:
   • Consensus Rating: ARM has a Moderate Buy rating from 15 analysts, with 11 Buy, 3 Hold, and 1 Sell ratings.
   • Price Targets: The average price target is $126.86, with a high estimate of $200.00 and a low estimate of $65.00.

2. Analyst Recommendations:
   • Guggenheim: Reiterated a Buy rating with a target price of $131.50.
   • Bank of America Securities: Assigned a Buy rating with a target price of $185.00.
   • Susquehanna: Reiterated a Buy rating with a target price of $115.00.
3. Market Performance:
   • Stock Performance: ARM's stock has experienced a significant drop of 9% in the after-trading hours following a weaker-than-expected annual revenue forecast.
   • Industry Impact: The company's stock price has been affected by broader market trends and the growth concerns within the tech industry.
4. Company Fundamentals:
   • Financial Performance: ARM has reported robust demand for AI chips and increased royalty revenue, contributing to a strong quarterly earnings.
   • Strategic Position: ARM remains a leader in the chip architecture market, with 99% of smartphones using its platform.

Conclusion:

• ARM Holdings PLC is viewed differently by analysts, with some maintaining a Buy rating and others suggesting a Hold or Sell. The average price target indicates a range of potential values, reflecting the uncertainty in the market about the company's future performance.