80/100BArm Holdings stock forecast 2027–2031What is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Analysts' average 12-month price target for Arm Holdings is 331.73, 79.7% above the current price of 184.57. Their targets range from 160.00 to 641.00.
Of the 22 firms that rated Arm Holdings in the past 12 months, 15 rate it buy or strong buy, 6 hold and 1 sell or strong sell (each firm at its latest rating): a Buy consensus.
Analysts' 1-year price targets range from 160.00 to 641.00, with an average of 331.73.
| Buy | 15 | |
| Hold | 6 | |
| Sell | 1 |
12-month price target
| Highest target | 641.00 |
| Average target | 331.73 |
| Lowest target | 160.00 |
| Current price | 184.57 |
Arm Holdings price target historyWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
Have analysts recently raised or lowered their Arm Holdings price target and rating?
How analysts rate Arm Holdings, month by monthWhat is the analyst rating? The analyst rating sums up what the analysts covering a stock recommend, from strong buy to strong sell, by the share of them rating it a buy.
15 of 22 firms rate it buy now, against 17 of 21 in December 2025.
Each month: every firm at its latest rating from the 12 months before. Strong buys count as buys, strong sells as sells.
Arm Holdings analyst upgrades, downgrades and price targets
The latest rating change came on 14 July 2026, when HSBC downgraded Arm Holdings from Buy to Hold. Its price target is 315.00. The most recent new target came from RBC Capital on 5 November 2026: 300.00.
| Date | Firm | Rating | Price target | Change | Price then |
|---|---|---|---|---|---|
| 5 Nov 2026 | RBC Capital Srini Pajjuri | Reiterated · Outperform | 130.00 → 300.00 | +130.8% | 165.07 |
| 5 Nov 2026 | Piper Sandler David O'Connor | Reiterated · Overweight | 320.00 → 270.00 | -15.6% | 164.74 |
| 5 Nov 2026 | Needham Charles Shi | — | 400.00 → 255.00 | -36.3% | 191.80 |
| 5 Nov 2026 | Wells Fargo Joe Quatrochi | Reiterated · Overweight | 280.00 → 255.00 | -8.9% | 191.80 |
| 5 Nov 2026 | Barclays Tom O\'Malley | Reiterated · Overweight | 325.00 | — | 191.80 |
| 5 Nov 2026 | Goldman Sachs James Schneider | — | 120.00 → 160.00 | +33.3% | 191.80 |
| 5 Nov 2026 | HSBC Frank Lee | — | 315.00 → 215.00 | -31.7% | 191.80 |
| 9 Sept 2026 | Piper Sandler | — | 320.00 | — | 264.23 |
| 25 Aug 2026 | Raymond James | — | 641.00 | — | 238.78 |
| 31 Jul 2026 | Rosenblatt Securities Kevin Cassidy | Reiterated · Buy | 250.00 | — | 241.54 |
| 30 Jul 2026 | New Street | — | 260.00 | — | 241.92 |
| 30 Jul 2026 | Guggenheim John DiFucci | Reiterated · Buy | 255.00 | — | 224.89 |
| 30 Jul 2026 | Wells Fargo Joe Quatrochi | Reiterated · Overweight | 280.00 | — | 224.89 |
| 20 Jul 2026 | Jefferies Janardan Menon | — | 290.00 → 320.00 | +10.3% | 267.19 |
| 14 Jul 2026 | HSBC Frank Lee | Downgraded · Buy → Hold | 315.00 | — | 298.99 |
| 24 Jun 2026 | UBS Timothy Arcuri | Reiterated · Buy | 170.00 → 470.00 | +176.5% | 366.39 |
| 18 Jun 2026 | New Street Research | Downgraded · Buy → Neutral | — | — | — |
| 17 Jun 2026 | Bernstein David Dai | — | 300.00 → 500.00 | +66.7% | 424.16 |
| 16 Jun 2026 | Needham Charles Shi | — | 400.00 | — | 412.55 |
| 8 Jun 2026 | Mizuho Securities Vijay Rakesh | — | 425.00 → 500.00 | +17.6% | 349.17 |
| 1 Jun 2026 | Mizuho Securities Vijay Rakesh | Reiterated · Outperform | 425.00 | — | 353.29 |
| 21 May 2026 | Jefferies Janardan Menon | — | 170.00 → 290.00 | +70.6% | 256.73 |
| 18 May 2026 | Bernstein David Dai | — | 300.00 | — | 209.16 |
| 16 Apr 2026 | Susquehanna | Reiterated · Positive | 150.00 → 210.00 | +40.0% | 159.34 |
| 7 Apr 2026 | Morgan Stanley | Downgraded · Overweight → Equal Weight | — | — | — |
| 26 Mar 2026 | Needham | Upgraded · Hold → Buy | — | — | — |
| 25 Mar 2026 | Raymond James | Upgraded · Market Perform → Outperform | — | — | — |
| 20 Mar 2026 | HSBC | Upgraded · Reduce → Buy | — | — | — |
| 5 Feb 2026 | RBC Capital Srini Pajjuri | Reiterated · Outperform | 140.00 → 130.00 | -7.1% | 110.11 |
| 5 Feb 2026 | UBS Timothy Arcuri | Reiterated · Buy | 170.00 | — | 104.90 |
| 5 Feb 2026 | KeyBanc | — | 190.00 → 170.00 | -10.5% | 104.90 |
| 5 Feb 2026 | Evercore ISI | Reiterated · Outperform | 170.00 | — | 104.90 |
| 5 Feb 2026 | Jefferies | — | 170.00 | — | 104.90 |
| 21 Jan 2026 | Susquehanna | Upgraded · Neutral → Positive | 150.00 | — | 107.17 |
| 14 Jan 2026 | RBC Capital Srini Pajjuri | — | 140.00 | — | 104.99 |
| 13 Jan 2026 | B of A Securities | Downgraded · Buy → Neutral | — | — | — |
| 5 Jan 2026 | Oddo BHF Stephanie Houri | — | 170.00 | — | 114.73 |
| 15 Dec 2025 | Goldman Sachs | Downgraded · Neutral → Sell | 120.00 | — | 130.89 |
Arm Holdings EPS and revenue estimatesWhat are estimate revisions? Estimate revisions are the changes analysts make to their EPS and revenue forecasts for the years ahead. They show whether expectations are rising or falling.
Analysts expect Arm Holdings's EPS to grow 67.4% a year until 2029, faster than over the last 5 years (17.5% a year) and the last 3 years (18.6%).
Analysts expect Arm Holdings's revenue to grow 31.3% a year until 2029, faster than over the last 5 years (19.4% a year) and the last 3 years (22.5%).
Revenue
EPS
Does Arm Holdings beat earnings estimates?What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
On average, analysts' EPS estimate was 15.7% off the result, either way, and their revenue estimate 3.6%, over the last 12 quarters.
- EPS beats
- 12 / 13
- Revenue beats
- 12 / 13
- Average EPS surprise, last 12What is an earnings surprise? An earnings surprise is how far a company's reported EPS or revenue came above or below the analysts' average estimate, in percent.
- +5.7%
- Since
- November 2023
| Quarter | Report date | EPS estimate | Reported EPS | Surprise | Revenue estimate | Reported revenue | Surprise |
|---|---|---|---|---|---|---|---|
| Q2 FY2027 | 4 Nov 2026 | 0.48 | 0.52 | +8.3% | 1.38B | 1.44B | +4.7% |
| Q1 FY2027 | 29 Jul 2026 | 0.40 | 0.45 | +12.5% | 1.26B | 1.29B | +2.1% |
| Q4 FY2026 | 6 May 2026 | 0.58 | 0.60 | +3.4% | 1.47B | 1.49B | +1.1% |
| Q3 FY2026 | 4 Feb 2026 | 0.41 | 0.43 | +4.9% | 1.23B | 1.24B | +1.2% |
| Q2 FY2026 | 5 Nov 2025 | 0.33 | 0.39 | +18.6% | 1.06B | 1.14B | +7.0% |
| Q1 FY2026 | 30 Jul 2025 | 0.34 | 0.35 | +2.9% | 1.05B | 1.05B | -0.2% |
| Q4 FY2025 | 7 May 2025 | 0.52 | 0.55 | +5.8% | 1.23B | 1.24B | +0.5% |
| Q3 FY2025 | 5 Feb 2025 | 0.34 | 0.40 | +17.6% | 949.27M | 983.00M | +3.6% |
| Q2 FY2025 | 6 Nov 2024 | 0.25 | 0.10 | -60.0% | 808.37M | 844.00M | +4.4% |
| Q1 FY2025 | 31 Jul 2024 | 0.34 | 0.40 | +17.6% | 905.53M | 939.00M | +3.7% |
| Q4 FY2024 | 8 May 2024 | 0.30 | 0.36 | +20.0% | 865.94M | 928.00M | +7.2% |
| Q3 FY2024 | 7 Feb 2024 | 0.25 | 0.29 | +16.0% | 762.50M | 824.00M | +8.1% |
Arm Holdings stock price 2027–2031: scenariosHow are the stock price scenarios calculated? Bear, base and bull prices for the years ahead: the analysts' EPS estimates times the lowest, average and highest P/E of the stock today and at its last five year ends, or of its peers.
If Arm Holdings's earnings grow at the 31.1% a year analysts expect to FY2029, then 15.0% a year, it would earn about 5.28 a share in FY2031. At the P/E of similar companies (Semiconductors, 13.6 to 54.9) that is 71.73 to 289.68 a share, or 209.59 at their average P/E of 39.7. This is arithmetic on the analysts' estimates, not a prediction.
| Fiscal year | EPS | Bear | Base | Bull |
|---|---|---|---|---|
| FY2027 | 2.24 | 30.45 | 88.97 | 122.97 |
| FY2028 | 3.04 | 41.38 | 120.91 | 167.12 |
| FY2029 | 3.99 | 54.24 | 158.48 | 219.04 |
| FY2030 (extrapolated) | 4.59 | 62.38 | 182.25 | 251.89 |
| FY2031 (extrapolated) | 5.28 | 71.73 | 209.59 | 289.68 |
Each year's EPS is the analysts' consensus to FY2029; the years after grow 15.0% a year (the analysts' growth, at most 15%). Its own P/E has been above 60, or from losses, too often in the last five years, so bear, base and bull apply the lowest, average and highest P/E of similar companies (Semiconductors: 13.6, 39.7, 54.9), those up to 60.
Is Arm Holdings stock undervalued or overvalued?How does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
Arm Holdings's P/E of 212.1 is below the middle of its 5-year range (111.5 to 1,919.6, median 246.0). Analysts do not expect slower growth than in recent years, so it is cheaper than its usual level. Buyers pay less for each point of growth than usual: a PEG of 3.1 on expected growth against 14.1 on its median P/E and past five years' growth. Fair value is not a reliable guide for Arm Holdings: analysts expect EPS growth of 67.4% a year against 18.0% before, so its past P/E no longer describes it. Its forward P/E, on the consensus for FY2027, is 82.4.
- Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 212.15
- Five-year median P/EWhat is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.
- 245.96
- Five-year P/E range
- 111.5 – 1,919.6
- Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.
- 82.42
- PEG ratioWhat is the PEG ratio? The PEG ratio divides the P/E by the yearly earnings growth analysts expect, to show how much you pay for each point of growth.
- 6.82
- To the average targetWhat is an analyst price target? A price target is the price an analyst expects a stock to reach in 12 months. Arincen shows the average, high and low targets and the upside to the average.
- +79.7%
Most undervalued US stocksHow does Arincen work out a stock's fair value? Fair value is our estimate of a share's price at the P/E the company usually trades at, with a low to high range around it.
| Stock | Price | Fair value | Upside |
|---|---|---|---|
| 35.850 | 71.4258Price 35.85193 | +99.2% | |
| 29.050 | 56.2634Price 29.0596 | +93.7% | |
| 241.000 | 464.49205Price 241.00627 | +92.7% | |
| 123.590 | 237.24178Price 123.59297 | +92.0% | |
| 161.400 | 305.52159Price 161.40396 | +89.3% | |
| 157.460 | 297.58169Price 157.46471 | +89.0% | |
| 217.560 | 405.38304Price 217.56507 | +86.3% |
Furthest below the fair value on each stock's page, updated every day.