ARM Holdings plc (ARMH) has an average broker rating of 2.57, which is interpreted as a Hold, as rated by 14 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 11 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
ARM Holdings plc (ARMH) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $68 and the lowest price target forecast is $40. The average forecast of all the analysts is $53.98 and the expected standard deviation is $11.88.
Shares of ARM Holdings plc rose by 1.41% in the last five trading days and 0.94% for the last 4 weeks. ARM Holdings plc is up 56.34% in the last 3-month period. Year-to-Date the stock performance stands at 48.54%. ARM Holdings plc (NASDAQ:ARMH): stock turned positive on Tuesday. Though the stock opened at $66.84, the bulls momentum made the stock top out at $66.91 level for the day. The stock recorded a low of $66.64 and closed the trading day at $66.82, in the green by 0.54%. The total traded volume for the day was 1,146,086. The stock had closed at $66.46 in the previous days trading.
ARM Holdings plc (ARM) is a United Kingdom-based company engaged in designing of microprocessors, physical intellectual property (IP) and related technology and software, and sale of development tools. The Companys offers products, such as 16/32/64-bit RISC microprocessors, data engines, graphics processors, digital libraries, embedded memories, peripherals, software and development tools, as well as analog functions and high-speed connectivity products. The Companys product offering includes microprocessor Cores, physical IP, development tools and support and maintenance services. ARM licenses and sells its technology and products to international electronics companies, which in turn manufacture, market and sell microprocessors, application-specific integrated circuits (ASICs), application-specific standard processors (ASSPs) and microcontrollers (MCUs) based on ARMs technology to systems companies for incorporation into a variety of end products.