ARM Holdings PLC ADR ( (ARM) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
ARM Holdings PLC ADR’s stock has experienced a downturn due to concerns over potential tariff impacts that could affect sales and earnings for U.S. chip vendors. Analyst Vivek Arya from BofA has lowered the price target from $180 to $144, while maintaining a Buy rating, in light of these anticipated challenges. Additionally, KGI Securities has initiated coverage with a Neutral rating and a price target of $130, reflecting caution amid market uncertainties and ARM’s strategic decision to withdraw from a U.K. semiconductor deal, which has dampened investor confidence.
More about ARM Holdings PLC ADR
YTD Price Performance: -19.03%
Average Trading Volume: 6,296,846
Technical Sentiment Signal: Buy
Current Market Cap: $110.7B
For further insights into ARM stock on TipRanks’ Stock Analysis page.
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