Shares of ARM Holdings PLC (ARM, Financial) surged 4.29% in mid-day trading on Sep 11. The stock reached an intraday high of $132.81, before settling at $132.68, up from its previous close of $127.22. This places ARM 29.71% below its 52-week high of $188.75 and 185.33% above its 52-week low of $46.50. Trading volume was 4,528,288 shares, 49.9% of the average daily volume of 9,073,592.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for ARM Holdings PLC (ARM, Financial) is $134.50 with a high estimate of $200.00 and a low estimate of $55.40. The average target implies an upside of 1.37% from the current price of $132.68. More detailed estimate data can be found on the Estimates page.
Based on the consensus recommendation from 32 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.
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