Rosenblatt analyst Hans Mosesmann maintained a Buy rating on ARM Holdings Plc (NASDAQ:ARM) and increased the price target from $85 to $110, citing growth potential from generative AI design and licensing momentum. The analyst's optimism is based on recent findings from an Asia trip and SoC IP checks, expecting ARM to benefit from improved licensing and royalty dynamics. Key drivers for ARM's growth include the v9 architecture shift, AI advancements, CPU share gains in PCs and servers, and the new ARM CSS program. The analyst suggests a mid-40s P/E multiple on FY26 EPS of ~$2.50, leading to the revised price target. ARM shares were trading up by 0.82% at $72.89.