Arm Holdings plc (ARM)
NASDAQ: ARM · IEX Real-Time Price · USD
103.96
-2.11 (-1.99%)
May 9, 2024, 10:35 AM EDT - Market open
Arm Holdings Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for Arm Holdings stock have an average target of 94.55, with a low estimate of 46 and a high estimate of 180. The average target predicts a decrease of -9.05% from the current stock price of 103.96.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Arm Holdings stock from 24 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 9 | 9 | 8 | 8 | 7 | 7 |
| Buy | 5 | 5 | 5 | 5 | 6 | 6 |
| Hold | 7 | 7 | 9 | 9 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 22 | 22 | 23 | 23 | 24 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 9, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $156 → $145 | Buy | Maintains | $156 → $145 | +39.48% | May 9, 2024 |
| Rosenblatt | Rosenblatt | Strong Buy Maintains $180 | Strong Buy | Maintains | $180 | +73.14% | May 6, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $100 → $115 | Buy | Maintains | $100 → $115 | +10.62% | Apr 29, 2024 |
| Exane BNP Paribas | Exane BNP Paribas | Buy → Hold Downgrades $100 | Buy → Hold | Downgrades | $100 | -3.81% | Apr 19, 2024 |
Financial Forecast
Revenue This Year
3.22B
from 2.68B
Increased by 20.16%
Revenue Next Year
4.02B
from 3.22B
Increased by 24.95%
EPS This Year
1.21
from 0.51
Increased by 136.55%
EPS Next Year
1.55
from 1.21
Increased by 28.37%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 3.4B | 4.6B | 6.0B | 6.4B | 8.4B | 10.5B |
| Avg | 3.2B | 4.0B | 4.9B | 5.8B | 6.8B | 8.0B |
| Low | 3.1B | 3.6B | 4.0B | 5.2B | 6.3B | 7.0B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 27.4% | 41.3% | 50.3% | 31.8% | 45.3% | 53.7% |
| Avg | 20.2% | 24.9% | 21.2% | 17.9% | 19.0% | 17.1% |
| Low | 15.4% | 12.8% | -0.3% | 7.6% | 8.9% | 2.4% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 1.28 | 1.98 | 2.55 | 3.00 | 3.70 | 3.79 |
| Avg | 1.21 | 1.55 | 2.01 | 2.45 | 3.06 | 3.45 |
| Low | 0.97 | 1.32 | 1.52 | 2.09 | 2.57 | 3.06 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|
| High | 151.2% | 64.5% | 64.8% | 49.4% | 50.9% | 23.8% |
| Avg | 136.5% | 28.4% | 29.8% | 21.8% | 25.1% | 12.6% |
| Low | 90.2% | 9.7% | -2.0% | 3.9% | 4.9% | -0.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.