Susquehanna raised the firm’s price target on Arm (ARM) to $140 from $118 and keeps a Neutral rating on the shares. The firm updated its semiconductor models to reflect 2025 wafer fab equipment spending of $94B, down 6% year-over-year, while forecasting 6% growth in 2026. It expects wafer fab equipment to remain in the $90B-$100B range through 2026. However, increased test time and end-market demand diversification are expected to help, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ARM:
- Trump Launches Monumental $100B “Stargate” AI Venture with Tech Titans
- Project Stargate potentially adds growth runway for Nvidia beyond 2026, says UBS
- Arm Holdings PLC call volume above normal and directionally bullish
- Arm price target raised to $155 from $145 at Barclays
- Arm names Eric Hayes as executive vice president of operations