Elliot Management, led by Paul Singer (Trades, Portfolio), has updated its portfolio as of the first quarter ending March 31, 2025. The fund made several adjustments, revealing new investments in Equinix, ORRoyalties, and Sandisk, ranked by investment size.
During this period, Elliott Management decided to exit its positions in NRGEnergy and Bausch Health. Additionally, the fund increased its stake in Phillips 66 while reducing holdings in several companies, including Match Group, Southwest, CorMedix, and Arm Holdings (ARM, Financial).
As of the recent filing date, Elliot Management's major holdings now include Triple Flag, Suncor, Phillips 66, Southwest, and Pinterest, based on their size within the portfolio.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 30 analysts, the average target price for ARM Holdings PLC (ARM, Financial) is $138.14 with a high estimate of $202.00 and a low estimate of $75.34. The average target implies an upside of 3.81% from the current price of $133.07. More detailed estimate data can be found on the ARM Holdings PLC (ARM) Forecast page.
Based on the consensus recommendation from 38 brokerage firms, ARM Holdings PLC's (ARM, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
