Arm Holdings plc. ADR (NASDAQ:ARM) has a beta value of 4.11 and has seen 5.57 million shares traded in the last trading session. The company, currently valued at $165.33B, closed the last trade at $156.41 per share which meant it gained $7.08 on the day or 4.74% during that session. The ARM stock price is -20.68% off its 52-week high price of $188.75 and 48.85% above the 52-week low of $80.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.25 million shares traded. The 3-month trading volume is 5.25 million shares.
The consensus among analysts is that Arm Holdings plc. ADR (ARM) is Buy stock at the moment, with a recommendation rating of 1.95. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 11 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight.
Arm Holdings plc. ADR (NASDAQ:ARM) trade information
Sporting 4.74% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ARM stock price touched $156.41 or saw a rise of 0.52%. Year-to-date, Arm Holdings plc. ADR shares have moved -2.71%, while the 5-day performance has seen it change 10.12%. Over the past 30 days, the shares of Arm Holdings plc. ADR (NASDAQ:ARM) have changed 20.99%. Short interest in the company has seen 16.02 million shares shorted with days to cover at 2.71.
Wall Street analysts have a consensus price target for the stock at $144.5, which means that the shares’ value could drop -8.24% from current levels. The projected low price target is $60.0 while the price target rests at a high of $190.0. In that case, then, we find that the current price level is -21.48% off the targeted high while a plunge would see the stock lose 61.64% from current levels.
Arm Holdings plc. ADR (ARM) estimates and forecasts
The company’s shares have gained 14.54% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 18.47% over the past 5 years. Earnings growth for 2025 is a modest 9.42% while over the next 5 years, the company’s earnings are expected to increase by 21.90%.
ARM Dividends
Arm Holdings plc. ADR is expected to release its next earnings report on 2025-May-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Arm Holdings plc. ADR (NASDAQ:ARM)’s Major holders
Insiders own 0.15% of the company shares, while shares held by institutions stand at 95.12% with a share float percentage of 95.26%. Investors are also buoyed by the number of investors in a company, with Arm Holdings plc. ADR having a total of 889.0 institutions that hold shares in the company. The top two institutional holders are AUSTIN PRIVATE WEALTH, LLC with over 20.0 million shares worth more than $328.0. As of 2024-06-30, AUSTIN PRIVATE WEALTH, LLC held 1.9157% of shares outstanding.
The other major institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, with the holding of over 6.43 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.05 billion and represent 0.6156% of shares outstanding.