Behind the Scenes of ARM Holdings's Latest Options Trends
Portfolio Pulse from Benzinga Insights
ARM Holdings (NASDAQ:ARM) has seen a significant bearish trend in its options trading, with 66% of trades showing bearish sentiment. The trading window is expected between $75.0 to $180.0. The company, a major player in smartphone CPU cores, has seen its stock price increase by 11.69% to $134.0. Analysts have set an average price target of $95.0, with varying ratings from Overweight to Neutral. The next earnings report is expected in 91 days.
February 14, 2024 | 4:46 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
ARM Holdings has seen a bearish trend in options trading but its stock price has increased by 11.69% to $134. Analysts have an average price target of $95.0.
The bearish options trend suggests market skepticism about ARM's short-term growth potential, despite its recent stock price increase. Analysts' lower price targets compared to the current trading price could indicate a potential adjustment in the stock price. However, the company's strong market position in smartphone CPU cores and the upcoming earnings report could influence stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100