Arm Holdings (ARM, Financial) is experiencing a notable increase in option activity, with 29,394 call contracts traded, surpassing the expected volume by a factor of 1.1. This heightened activity has led to a rise in the implied volatility, now standing at 53.70%. The June 25th 160 calls and the May 30th weekly 140 calls are the most actively traded options, together accounting for roughly 5,200 contracts. The current Put/Call Ratio is 0.29, indicating a bullish sentiment. Investors are also eyeing the upcoming earnings report, scheduled for July 30th.
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 $133.88 with a high estimate of $180.00 and a low estimate of $76.54. The average target implies an downside of 2.78% from the current price of $137.71. 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.
