Will Arm Holdings Reach $100 in 2024? – Spaxton School

Article Coverage: ARM Stock Performance, Latest ARM News, Aggregated Forecasts, ARM Latest Production Update, Reasons to Buy or Sell ARM Stock, ARM Investor Day Analysis, FAQs and Other Detailed Analysis.

Arm Holdings plc is a British multinational semiconductor design company. It designs the Arm architecture, which is a family of instruction sets that are used in a wide range of consumer and industrial products, including smartphones, tablets, laptops, servers, and networking equipment. In September 2023, Arm Holdings went public again, listing its shares on the Nasdaq stock exchange under the ticker symbol “ARM”.

Arm Holdings Stock Performance in the Last 12 Months

Last 5 Days	+33.8%
Last 1 Month	+84.5%
Last 6 Months	+98.7%
Last 12 Months	+98.7%

Arm Holdings Latest News

• Arm announces two initiatives aimed at advancing the chiplet market, signaling a commitment to shaping the future of silicon design. The initiatives include investments in Arm Chiplet System Architecture (CSA) and updates to AMBA standards, aiming to empower next-generation silicon designers. This move underscores Arm’s dedication to innovation and its pivotal role in driving the evolution of computing technology.
• Arm shares insights into the future of computing, emphasizing their commitment to addressing complex challenges as pioneers in the field. Kevork Kechichian highlights three key challenges the team is prioritizing, indicating Arm’s ongoing dedication to advancing foundational technology and shaping the future of computing.

Arm Holdings Last 7 Days Performance

Arm Holdings’ performance in the last 7 days has been positive.

Potential Reasons for the Performance:

Several factors might have contributed to ARMH’s recent surge:

• Strong Earnings Report: Beating analyst expectations on both revenue and earnings per share (EPS) likely boosted investor confidence.
• AI Optimism: Highlighting AI-powered growth potential resonated well with investors as AI adoption is on the rise.
• Positive Analyst Ratings: Several analysts issued positive reports after the earnings release, further fueling the rally.
• Market Sentiment: The overall semiconductor sector has been performing well, contributing to positive sentiment towards ARMH.

Arm Holdings Stock Analyst Forecast

Average Price Target	$69.4
KeyBanc	$65
Daiwa Capital	$63
Loop Capital	$69
Rosenblatt	$85
Bank of America	$65

Arm Stock Forecast 2024 and 2025

• ARM Holdings PLC Price Prediction 2023 is $123
• ARM Holdings PLC Price Prediction 2024 is $144
• ARM Holdings PLC Price Prediction 2025 is $168

UTC: Feb 23rd, 2024 12:05 AM

• ARM Holdings PLC Price Prediction in the next 24 hours is between $125 and $135
• ARM Holdings PLC Price Prediction this week is between $117 and $139

Why did Arm Holdings stock price fall recently?

ARM Holdings’ stock price skyrocketed after its listing. The stock was initially offered at $51 but soon after the listing, ARM was trading close to $70. However, the gain was short-lived and now the stock is trading close to its initial offering price.

One of the main reasons for the price pullback is the concern related to the company’s valuation which stands at over 100 times earnings and nearly 20 times sales, are far from being considered inexpensive.

ARM Holdings set its initial public offering price at $51 on September 13, resulting in a post-IPO market capitalization of $62 billion. Some analysts view this $62 billion market valuation as unsustainable, raising concerns about potential significant selling pressure on Arm’s shares in the near future.

Investors are apprehensive about an inflated valuation for Arm Holdings, exacerbated by the notable absence of top-line growth. Notably, the company exhibited minimal top-line growth in the last fiscal year, which concluded on March 31, 2023.

Furthermore, the China connection raises additional concerns. ARM Holdings’ subsidiary in China, known as ARM China, could be considered a potential red flag. Last year, Arm generated 25% of its revenue from China, primarily driven by licensing revenue from its subsidiary, Arm China.

Company Highlights

• Arm-based chips shipped to date: 250 Bn+
• 70% of the world’s population uses Arm-based products.
• 50% of all chips with processors are Arm-based.
• 99% of smartphones run on Arm-based processors.

However, there are a number of reasons to believe that Arm Holdings has the potential to reach $100 in 2023. First, the company is a leader in the semiconductor industry, which is a key driver of the global economy. Second, Arm Holdings is expanding its presence in new markets, such as data centers and the IoT, which are both growing rapidly. Third, the company is developing new technologies, such as AI and ML, which are in high demand.

Additionally, Arm Holdings has a strong track record of growth. The company’s revenue has grown at a compound annual growth rate (CAGR) of over 20% in recent years.

Finally, Arm Holdings is backed by a number of large and influential investors, such as SoftBank Group, Apple, and Qualcomm. These investors are likely to continue to support Arm Holdings and help the company grow.

Of course, there are also some risks to consider. One risk is that the stock market could experience a downturn in 2023. Another risk is that the semiconductor industry could face headwinds, such as a shortage of raw materials or a slowdown in demand. Finally, there is always the risk that Arm Holdings could make a strategic mistake or that its competitors could develop new technologies that make its products less competitive.

Overall, Arm Holdings has the potential to reach $100 in 2023. However, investors should be aware of the risks involved before investing in the stock.

ARM Stock Forecast 2024: How High Will ARM Go in 2024?

It is difficult to predict how high ARM stock will go in 2024, as it depends on a number of factors, including the overall performance of the stock market, the semiconductor industry, and ARM itself. However, analysts are generally bullish on ARM stock, and some believe that it could reach $100 per share in 2024.

ARM is a leader in the semiconductor industry, which is a key driver of the global economy. The company is also expanding its presence in new markets, such as data centers and the IoT, which are both growing rapidly. Additionally, ARM is developing new technologies, such as AI and ML, which are in high demand.

Overall, ARM is a well-positioned company with a strong track record and a bright future. However, investors should be aware of the risks involved before investing in the stock.

Here are some factors that could help ARM stock reach $100 in 2024:

• Strong growth in the semiconductor industry
• Expansion into new markets, such as data centers and the IoT
• Development of new technologies, such as AI and ML

Arm Holdings Stock Forecast 2024: Is ARM a good stock to buy?

Here are some of the reasons to buy ARM stock:

• Leader in the semiconductor industry: ARM is a leading provider of semiconductor intellectual property (IP), which is used by semiconductor companies to design and manufacture chips. ARM’s IP is used in a wide range of devices, including smartphones, tablets, laptops, servers, and networking equipment.
• Strong growth potential: The semiconductor industry is expected to continue to grow in the coming years, driven by the increasing demand for chips in a wide range of products and services. ARM is well-positioned to benefit from this growth, as its IP is essential for designing the chips that power these devices.
• Expansion into new markets: ARM is expanding its presence into new markets, such as data centers and the Internet of Things (IoT). These markets are both growing rapidly, and ARM’s IP is well-suited for these applications.
• Development of new technologies: ARM is developing new technologies, such as artificial intelligence (AI) and machine learning (ML). These technologies are in high demand, and ARM is well-positioned to provide the IP needed to develop chips that can support these applications.
• Support from large and influential investors: ARM is backed by a number of large and influential investors, such as SoftBank Group, Apple, and Qualcomm. These investors are likely to continue to support ARM and help the company grow.

ARM Stock Forecast 2024: Reasons Not to Buy ARM Stock

Here are some reasons not to buy ARM stock:

• High valuation: ARM stock is currently trading at a high valuation, relative to its earnings and growth prospects. This means that investors are paying a premium for the stock, and there is a risk that the stock could underperform the market if the company does not meet expectations.
• Competition: ARM faces increasing competition from other semiconductor companies, such as Intel and Qualcomm. These companies are investing heavily in research and development, and they could develop new technologies that make ARM’s products less competitive.
• Regulatory risks: ARM is subject to a number of regulatory risks, such as antitrust investigations and changes in government policy. These risks could have a negative impact on the company’s business and its stock price.
• Economic risks: ARM is exposed to a number of economic risks, such as a recession or a slowdown in global growth. These risks could have a negative impact on the demand for chips and on ARM’s revenue and earnings.

Overall, ARM is a well-positioned company with a strong track record. However, it is important to weigh the risks and rewards before investing in the stock.

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.