Shares of ARM Holdings PLC (ARM, Financial) surged 3.81% in mid-day trading on Dec 2. The stock reached an intraday high of $139.60, before settling at $139.41, up from its previous close of $134.29. This places ARM 26.14% below its 52-week high of $188.75 and 130.93% above its 52-week low of $60.37. Trading volume was 1,505,691 shares, 28.0% of the average daily volume of 5,378,842.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for ARM Holdings PLC (ARM, Financial) is $147.05 with a high estimate of $200.00 and a low estimate of $80.00. The average target implies an upside of 5.48% from the current price of $139.41. More detailed estimate data can be found on the ARM Holdings PLC (ARM) Forecast page.
Based on the consensus recommendation from 38 brokerage firms, ARM Holdings PLC's (ARM, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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