Streetbeat News

ARM

Arm Holdings plc American Depositary Shares

https://www.arm.com

Industry

Semiconductors

Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products. It offers microprocessors, systems intellectual property (IPs), graphics processing units, physical IP and associated systems IPs, software, tools, and other related services. Its products are used in various markets, such as automotive, computing infrastructure, consumer technologies, and Internet of things. The company operates in the United States, the People's Republic of China, Taiwan, South Korea, and internationally. The company was founded in 1990 and is headquartered in Cambridge, the United Kingdom. Arm Holdings plc operates as a subsidiary of Kronos II LLC.

Open

115.48

Mkt cap

124B

Volume

4.5M

High

118.62

P/E Ratio

157.25

52-wk high

188.75

Low

115.21

Div yield

N/A

52-wk low

85.61

Several top Wall Street analysts have updated their price targets and ratings for various US-listed companies. Darden Restaurants, Prologis, TrueCar, Intel, Equifax, Exelon, Snap, Berry Global Group, Micron Technology, and Arm Holdings have all seen changes in their analyst forecasts. Notably, Snap Inc. could rally around 36% according to Guggenheim, which upgraded the stock from Neutral to Buy with a new price target of $23.

Portfolio Pulse from Avi Kapoor

December 18, 2023 | 1:15 pm

Deutsche Bank analyst Ross Seymore downgraded ARM Holdings from Buy to Hold while increasing the price target from $60 to $70.

Portfolio Pulse from Benzinga Newsdesk

December 18, 2023 | 12:18 pm

Arm Holdings Plc has laid off over 70 software engineers in China, reflecting the semiconductor industry's downturn. The layoffs at Arm, which is backed by SoftBank Group Corp., are part of a broader trend as companies like Qualcomm Inc. have also reduced their workforce. Arm's global sales share from China has decreased from 25% to 20%, and the company faces challenges from U.S. technology export restrictions to Chinese firms. Arm is also dealing with disputes with the former head of Arm China, which previously laid off over 100 employees.

Portfolio Pulse from Benzinga Neuro

December 18, 2023 | 11:00 am

ARM Holdings (NASDAQ:ARM) is evaluated against its competitors in the Semiconductors & Semiconductor Equipment industry. ARM's financial metrics such as P/E, P/B, P/S ratios are significantly higher than the industry average, indicating a premium stock price. However, its ROE is negative and EBITDA is lower, suggesting potential inefficiencies. ARM's revenue growth outperforms the industry average, showing strong demand for its products. The company's low debt-to-equity ratio indicates a strong financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

December 14, 2023 | 4:00 pm

Intel Corp (INTC) is struggling to maintain its dominance in the semiconductor industry due to competition from companies like Qualcomm (QCOM), Nvidia (NVDA), AMD, and others using ARM-based processors. Apple (AAPL) has been a leader in adopting ARM technology for desktops, influencing other tech giants like Google (GOOG/GOOGL) and Amazon (AMZN) to follow suit. Intel's market share is threatened as its traditional partners like Microsoft (MSFT) explore ARM-based solutions. Despite challenges, Intel plans to compete with new chip generations and aims to match TSMC's (TSM) manufacturing technology by 2025.

Portfolio Pulse from Anusuya Lahiri

December 04, 2023 | 1:12 pm

ARM Holdings (NASDAQ:ARM) is analyzed against competitors in the Semiconductors & Semiconductor Equipment industry. ARM's financial metrics show a high P/E, P/B, and P/S ratios, indicating a premium stock price. However, its ROE is negative, and EBITDA is lower than the industry average, suggesting potential inefficiencies. ARM's revenue growth outperforms the industry, and its low debt-to-equity ratio indicates a strong financial position with less reliance on debt.

Portfolio Pulse from Benzinga Insights

November 30, 2023 | 4:00 pm

Apple Inc. (AAPL) has reportedly refused to increase its payments to Arm Holdings despite Arm's recent IPO and pressure from Arm's parent company, SoftBank. Apple maintains a payment of less than $0.30 per iPhone for Arm's intellectual property, which is significantly lower than what other clients like Qualcomm and MediaTek pay. Despite the push for higher payments, Apple's contribution to Arm's sales remains below 5%, and the contract between the two companies has been extended beyond 2040.

Portfolio Pulse from Benzinga Neuro

November 30, 2023 | 10:12 am

Qualcomm is intensifying its efforts in the PC processor market by promoting the use of Arm chip architecture, according to a DigiTimes Alert.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 2:25 pm

Swaggy Stocks has released data on the top 10 trending stocks on WallStreetBets as of November 22, 2023. The list includes prominent technology and consumer companies that are frequently discussed on the popular subreddit. The companies mentioned are NVIDIA (NVDA), C3.ai (AI), Invesco QQQ Trust (QQQ), Microsoft (MSFT), Cloudflare (NET), Tesla (TSLA), Apple (AAPL), Advanced Micro Devices (AMD), Lululemon Athletica (LULU), and Arm Holdings (ARM).

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 2:07 pm

Wells Fargo analyst Gary Mobley initiated coverage on Arm Holdings Plc (NASDAQ:ARM) with an Overweight rating and a $70 price target. The positive outlook is based on the company's growth potential, with revenue and adjusted EPS CAGR rates of 18% and 35% to 2027, respectively, and expected operating margin expansion to 54%. As a result, ARM shares saw an increase of 5.73% to $58.14.

Portfolio Pulse from Anusuya Lahiri

November 20, 2023 | 6:44 pm

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