Arm Holdings Stock Poised for Expansion in AI and Auto Markets, Valuation Raises Concerns, Analysts Say
GS maintains Buy rating on Arm Holdings with $144 PT, citing strong Q1 results (+39% YoY revenue) and potential for royalty rate increases. Needham holds Hold rating, citing high valuation and potential slowdown in licensing revenue. JPMorgan stays Overweight with $140 PT, confident in sustained 20%+ revenue growth driven by licensing and data center expansion.