Arm Holdings PLC (ARM, Financial) experienced a dip in its stock price, falling by $1.39 to approximately $147.16. The options market activity showed a balanced sentiment, with 46,000 contracts traded. In this market, call options are more popular than put options, seen in a put/call ratio of 0.45, which is lower than the usual 0.64.
The implied volatility over a 30-day period (IV30) decreased by 0.63 to 60.01, falling below the median level over the past 52 weeks. This indicates that investors are anticipating a daily stock price movement of about $5.56. Furthermore, the flattening of the put-call skew suggests a slightly optimistic outlook for ARM.
Looking forward, Arm Holdings PLC is expected to announce its earnings, with the specific timing yet to be disclosed. Currently, the options market is estimating a 50% chance of the stock moving more than 0.0% in price.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for ARM Holdings PLC (ARM, Financial) is $135.86 with a high estimate of $180.00 and a low estimate of $76.54. The average target implies an downside of 7.49% from the current price of $146.86. 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.
