Arm (ARM)

• Market cap: $153B
• 1 day: -3.98%
• 5 days: -9.57%
• 1 month: -6.68%
• 3 months: 8.79%
• 6 months: 10.40%
• Year to date: 12.98%
• 1 year: 17.38%
• 5 years: 127.77%
• 10 years: 127.77%

About: Arm Holdings is the intellectual property owner and developer of the ARM architecture, which is used in 99% of the world's smartphone CPU cores, and it also has high market share in other battery-powered devices like wearables, tablets, or sensors. Arm licenses its architecture for a fee, offering different types of licenses depending on the flexibility the customer needs. Customers like Apple or Qualcomm buy architectural licenses, which allow them to modify the architecture and add or delete instructions to tailor the chips to their specific needs. Other clients directly buy off-the-shelf designs from Arm. Both off-the-shelf and architectural customers pay a royalty fee per chip shipped.

Employees: 6,629

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

49% more repeat investments, than reductions

Existing positions increased: 239 | Existing positions reduced: 160

35% more first-time investments, than exits

New positions opened: 109 | Existing positions closed: 81

9% more call options, than puts

Call options by funds: $4.46B | Put options by funds: $4.09B

0.21% more ownership

Funds ownership: 5.8% [Q3] → 6.01% (+0.21%) [Q4]

0% less funds holding

Funds holding: 603 [Q3] → 602 (-1) [Q4]

10% less capital invested

Capital invested by funds: $8.61B [Q3] → $7.79B (-$827M) [Q4]

30% less funds holding in top 10

Funds holding in top 10: 20 [Q3] → 14 (-6) [Q4]

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $140 3% downside
• Avg. target: $182 25% upside
• High target: $225 55% upside

13 analyst ratings

• positive: 12 92%
• neutral: 1 8%
• negative: 0 0%

Loop Capital Ananda Baruah 68% 1-year accuracy 23 / 34 met price target	35% upside $195	Buy Maintained	10 Feb 2025
Wells Fargo Joe Quatrochi 44% 1-year accuracy 4 / 9 met price target	28% upside $185	Overweight Maintained	6 Feb 2025
Citigroup Andrew Gardiner 50% 1-year accuracy 1 / 2 met price target	38% upside $200	Buy Maintained	6 Feb 2025
Raymond James Srini Pajjuri 53% 1-year accuracy 9 / 17 met price target	21% upside $175	Outperform Maintained	6 Feb 2025
Evercore ISI Group Mark Lipacis 62% 1-year accuracy 32 / 52 met price target	39% upside $202	Outperform Maintained	6 Feb 2025