Goldman Sachs has started its evaluation of Arm (ARM, Financial) by assigning it a Neutral rating with a price target set at $160. The firm highlights its positive outlook on companies involved in merchant silicon and electronic design automation (EDA) linked to capital spending in artificial intelligence. According to the analysis, while the AI investment cycle is evolving, it has the potential to maintain growth from its present state.
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 $135.05 with a high estimate of $180.00 and a low estimate of $76.54. The average target implies an downside of 8.76% from the current price of $148.02. More detailed estimate data can be found on the ARM Holdings PLC (ARM) Forecast page.
Based on the consensus recommendation from 37 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.
