What the Options Market Tells Us About ARM Holdings
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors show a divided sentiment towards ARM Holdings (NASDAQ:ARM), with 42% bullish and 57% bearish, based on extraordinary options activity. The options market suggests a price range of $100.0 to $145.0 for ARM. The company, a major player in smartphone CPU cores, is currently trading at $125.0, down by -1.51%. An analyst from Mizuho maintains a Buy rating with a target price of $160.0.
April 02, 2024 | 2:01 pm
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NEUTRAL IMPACT
Mixed sentiment in options market with a bearish tilt. Trading at $125, down 1.51%. Mizuho analyst maintains Buy rating, target price $160.
The mixed sentiment among investors, with a slight bearish lean, could introduce volatility in ARM's stock price. However, the analyst's bullish stance and the target price of $160 suggest underlying strength. The current dip might be seen as a buying opportunity, balancing the short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100