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ARMArm Holdings plc American Depositary Shares
$333.20$354.5B
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Arm Holdings plc American Depositary Shares (ARM) Research Brief

Wall Street consensus, price target range, and equity research thesis

Buy27 Analyst Coverage
Consensus Target
$363+9.0% Upside
Current: $333.20
Analyst Range
Low $210High $641
12-Month High/Low Spread
Ratings Mix
19 Buy·6 Hold·2 Sell
Earnings & Valuation
EPS Beat 12.5%
Forward P/E: 149.5x

Executive Summary & Research Take

Wall Street currently rates ARM buy with a 12-month price target of $363 (+9.0% upside). The sections below cover the bull case, key risks, and latest earnings context for Arm Holdings plc American Depositary Shares.

Recent Analyst Actions

ARM Analyst Upgrades & Price Target Changes

7 of 7 analysts raised targets. Recent price target changes and ratings for ARM.

Updated Jun 2026
FirmActionRatingPrice Target
B of A SecuritiesRaisedNeutral$245$335
MizuhoRaisedOutperform$425$500
BarclaysRaisedOverweight$250$360
Wells FargoRaisedOverweight$255$410
MizuhoRaisedOutperform$360$425
MizuhoRaisedOutperform$290$360
BernsteinInitiatedOutperform$300

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Analyst Research Summary

Investment Thesis: Bull Case & Risk Factors

A structured look at the bull case, the risks, and the most recent earnings execution for ARM.

Current setup

ARM beat estimates last quarter. Below are the key reasons analysts remain constructive and the risks that could change that view.

Bull Case

What keeps the long thesis intact

  • AI-driven growthArm's compute platforms are integral to advanced AI applications, with Armv9 adoption and AI-specific IP momentum driving demand.
  • Strong revenue growthQ3 FY2026 revenue surged 26% to $1.242B, with royalty revenue up 27% to $737M, highlighting robust financial performance.
  • High-margin licensingArm's high-margin licensing business and secular growth remain intact, supporting long-term profitability.
  • Market leadershipArm powers over 350 billion chips, trusted by leading tech firms like AWS, Microsoft, Google, Meta, and NVIDIA.
  • Consistent EPS outperformanceArm has beaten EPS estimates 8 times in a row, reflecting strong operational execution.
  • Diversification beyond mobileArm's expansion into cloud, edge, and AI markets reduces reliance on mobile and drives new growth opportunities.
  • Technical consolidation potentialAnalysts suggest disciplined entry points around $140-$145 for medium- to long-term upside.
  • Bullish price targetsSome forecasts project ARM stock surpassing $250-$350, driven by AI surge and Armv9 adoption.

Wall Street rates ARM buy, giving the bull case institutional backing from 27 analysts.

Watch Out For

What can break the setup quickly

No AI-generated risk factors available for ARM yet.

Watch whether new negative commentary on ARM points to these structural risks or is simply reacting to short-term price moves.

ARM Earnings Reaction — What the Last Quarter Showed

Last Quarter

EPS
$0.45 vs $0.40 est.Beat 12.5%
Revenue
$1.3B vs $1.3B est.Beat 2.1%
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ARM — Frequently Asked Questions

Quick answers to the most common questions about buying ARM stock.

What is the analyst consensus on ARM?
Verdict

ARM appears fairly valued near today's $333.20 — the consensus rating is "Buy" with a $363 target (+9.0%). This is informational only — verify the data and consider your own risk tolerance before deciding.

What are recent analyst rating changes for ARM?
Timing

Timing depends on your horizon, but the data signals are: consensus rating "Buy" with +9.0% upside to the $363 target. In the past 30 days, 7 of 7 covering analysts raised their price targets — a bullish signal.

What is the price target for ARM stock?
Price Target

ARM's consensus 12-month price target is $363, set by 27 Wall Street analysts. The bull case high is $641 and the bear case low is $210. From the current price of $333.20, this implies +9.0% upside.

Is ARM overvalued or undervalued?
Valuation

ARM appears fairly valued — the $363 consensus target is roughly in line with today's $333.20 (+9.0%). It trades at a forward P/E of 149.5x. Targets range from $210 (bear) to $641 (bull), reflecting different assumptions about growth and margins.

What were ARM's latest earnings results?
Earnings

ARM reports next quarter. Earnings-week moves are volatile — historically, analyst targets revise upward after a beat and downward after a miss. The current consensus is "Buy" with a $363 target. Consider position sizing rather than going all-in pre-print.

What is the bull case for ARM?
Coverage

Of 27 analysts covering Arm Holdings plc American Depositary Shares (ARM): 0 Strong Buy, 19 Buy, 6 Hold, 2 Sell, 0 Strong Sell — a "Buy" consensus. The 12-month price target is $363 (range $210–$641). Bullish analysts outnumber bearish by more than 2-to-1.

What are the risks of investing in ARM?
Risks

2 of the 27 analysts covering ARM rate it Sell or Strong Sell. Common concerns include valuation stretch, slowing growth, and sector-specific headwinds — see the Bull vs. Risk cards above for the specific theses on Arm Holdings plc American Depositary Shares.

Financial Data & Software Notice: VCP Scanner is an educational financial research database and stock screening software platform. VCP Scanner does not generate, recommend, or package trade decisions, buy/sell signals, or personalized investment advice. Consensus ratings and price targets reflect aggregated third-party Wall Street analyst research from public SEC filings. See our Terms of Service and Privacy Policy.