Wells Fargo & Company Lowers ARM (NASDAQ:ARM) Price Target to $160.00

ARM (NASDAQ:ARM) had its target price lowered by equities research analysts at Wells Fargo & Company from $195.00 to $160.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 39.28% from the stock’s current price.

Several other analysts also recently issued reports on ARM. Mizuho raised their price target on ARM from $180.00 to $190.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Raymond James Financial assumed coverage on ARM in a research report on Friday, November 21st. They issued a “hold” rating on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $180.00 price objective on shares of ARM in a report on Thursday, November 6th. Barclays raised their target price on ARM from $115.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Finally, TD Cowen reiterated a “buy” rating on shares of ARM in a research report on Thursday, November 6th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, ARM presently has an average rating of “Moderate Buy” and an average target price of $169.52.

ARM Price Performance

Shares of ARM opened at $114.88 on Monday. ARM has a 12-month low of $80.00 and a 12-month high of $183.16. The business’s fifty day moving average price is $121.00 and its 200 day moving average price is $140.34. The stock has a market capitalization of $121.37 billion, a PE ratio of 147.28, a price-to-earnings-growth ratio of 6.87 and a beta of 4.34.

ARM (NASDAQ:ARM) last issued its earnings results on Wednesday, November 5th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. ARM had a net margin of 18.81% and a return on equity of 15.03%. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the prior year, the company earned $0.30 earnings per share. The firm’s revenue was up 34.5% compared to the same quarter last year. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. As a group, research analysts anticipate that ARM will post 0.9 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ARM

A number of institutional investors and hedge funds have recently bought and sold shares of ARM. Compound Planning Inc. grew its stake in shares of ARM by 4.6% in the 3rd quarter. Compound Planning Inc. now owns 1,569 shares of the company’s stock worth $222,000 after purchasing an additional 69 shares during the last quarter. Ritholtz Wealth Management increased its holdings in shares of ARM by 3.0% in the third quarter. Ritholtz Wealth Management now owns 2,439 shares of the company’s stock valued at $345,000 after buying an additional 70 shares in the last quarter. Rathbones Group PLC lifted its position in shares of ARM by 0.7% during the 3rd quarter. Rathbones Group PLC now owns 10,552 shares of the company’s stock valued at $1,493,000 after acquiring an additional 70 shares during the last quarter. Nwam LLC grew its holdings in shares of ARM by 4.3% in the 3rd quarter. Nwam LLC now owns 1,711 shares of the company’s stock worth $242,000 after acquiring an additional 71 shares during the last quarter. Finally, Kovack Advisors Inc. raised its position in shares of ARM by 2.0% during the third quarter. Kovack Advisors Inc. now owns 3,602 shares of the company’s stock worth $510,000 after purchasing an additional 72 shares during the period. 7.53% of the stock is owned by institutional investors and hedge funds.

ARM Company Profile

Arm Limited (NASDAQ: ARM) is a global semiconductor IP company best known for designing energy-efficient processor architectures and related technologies that underpin a wide range of computing devices. Founded in 1990 as a joint venture between Acorn Computers, Apple and VLSI Technology and headquartered in Cambridge, England, Arm develops the ARM instruction set architectures and core processor designs that chipmakers license and integrate into custom system-on-chip (SoC) products. The company operates a licensing and royalty business model rather than manufacturing chips itself.

Arm’s product portfolio includes CPU core families (such as Cortex and Neoverse lines), GPU and multimedia IP (Mali), neural processing units (Ethos) and a suite of system and physical IP blocks.