This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell.Analyst’s Disclosure: I/we h ...

公司股价表现 - Arm公司股票价格今年迄今大幅上涨134%后在一个月内下跌约16% [3] - 目前股价为129.33美元较前一日上涨0.67美元涨幅0.52%市盈率为215.55价格目标为147.95美元 [3] 公司业务模式 - 公司采用独特的授权模式授权CPU架构而非制造芯片该模式有多项优势包括可预测的收入流减少资本支出利于专注创新使公司在移动市场占主导地位并在人工智能物联网和汽车行业等取得进展 [4] 行业状况 - 半导体行业战略和方向发生重大变化人工智能处理能力需求激增推动多领域增长但供应链限制和全球经济放缓影响消费支出地缘政治因素也增加复杂性不过这些不抵消公司的基本优势 [5] 公司财务状况 - 2025财年第二季度总营收同比增长4.7%达8.44亿美元超过预期其中特许权使用费收入增长23%达5.14亿美元但许可和其他收入下降15%至3.3亿美元 [8] - 非GAAP稀释每股收益达0.30美元超过分析师预期非GAAP运营收入为3.26亿美元运营利润率收缩至38.6%非GAAP运营费用同比增长25% [9] 分析师观点 - 26位华尔街分析师的共识评级为适度买入价格目标从100美元到190美元不等平均目标价为147.95美元较当前价格有16%的上涨潜力 [10] - 公司股票相对于历史收益和行业基准显得昂贵市盈率为213.40市销率为41.67市现率为245.84若收益增长未达预期股价可能大幅修正 [11] 投资建议 - 对于长期投资且风险承受能力高的投资者股价下跌可能是机会公司有强劲基本面和大量现金储备若投资策略为长期持有寻求高回报领域的增长当前价格可考虑持有 [14] - 对于风险承受能力低或寻求短期收益的投资者鉴于高估值倍数预期增长已反映在股价中近期价格波动和半导体市场不确定性可能导致更大幅度的价格修正建议观望等待更好的入场点 [15] - 公司未被顶级分析师推荐为当前应买入股票 [16]

The sellers have not only overshot their targets but have done so at the worst possible time.While the broad market may be uncomfortably near record highs right now, this isn't the case for every stock. Some tickers not only didn't get swept higher by the recent marketwide rally, but they are trading down from their peak prices. Fortunately, it's likely for reasons that won't last.Here are three discounted growth stocks you might want to consider buying while they're still trading at sale prices. Their long ...

关于公司 - 英国芯片制造知识产权公司Arm Holdings (NASDAQ: ARM)是基础设施层人工智能支出增加的有力受益者[1] 关于分析师 - 分析师Uttam主要进行技术领域的股票研究，重点研究半导体、人工智能和云软件等关键行业，也关注医疗技术、国防技术和可再生能源等领域，他与妻子Amrita Roy共同撰写《务实乐观者通讯》，该通讯经常被《华尔街日报》《福布斯》等主要出版物引用，Uttam曾在硅谷工作并领导一些世界大型科技公司的团队[1] - 分析师表示自己在文章提及的公司中没有股票、期权或类似衍生产品头寸，且在未来72小时内无计划建立此类头寸，文章为自己所写表达个人观点，除了从Seeking Alpha获得报酬外无其他报酬，与文章提及股票的公司无业务关系[2] 关于Seeking Alpha - Seeking Alpha声明过去的表现不能保证未来的结果，不提供任何投资是否适合特定投资者的推荐或建议，上述观点可能不反映Seeking Alpha整体的观点，Seeking Alpha不是持牌证券交易商、经纪商、美国投资顾问或投资银行，其分析师包括专业投资者和个人投资者，这些人可能未获得任何机构或监管机构的许可或认证[3]

Nvidia对Arm的持股情况 - Nvidia在2023年第四季度首次披露对Arm的持股价值1.47亿美元当时其股票投资组合为4.33亿美元现在该持股价值超2.8亿美元占其股票投资组合约65%且今年未增持 [1] Arm股票上涨原因及市场预期 - Arm股票因预期将受益于人工智能而上涨过去12个月涨幅超150%英伟达看好其前景且英伟达是全球最具价值的半导体公司其看好应引起投资者重视 [2] - 41位跟踪Arm的分析师给出的目标价中位数为每股160美元较当前股价136美元有18%的上涨空间但只有约一半分析师给予买入评级 [3] Arm的业务情况 - Arm开发CPU架构并将知识产权授权给其他公司像苹果亚马逊微软等都是其客户其产品应用于移动设备笔记本电脑数据中心服务器和工业传感器等 [5] - Arm推出计算子系统并提供软件开发工具 [6] - Arm长期主导智能手机市场其处理器在99%的智能手机中存在且近期在PC和数据中心市场份额有所提升苹果已将MacBook转向Arm处理器其CEO预计到2029年在Windows PC市场份额将从现在的11%提升到50%全球十大超大规模云公司中有10家在数据中心使用基于Arm的CPU Arm在云计算的市场份额在过去三年提高了6个百分点 [7][8] Arm的财务状况及估值 - Arm在截至9月30日的2025财年第二季度超出指引但整体财务表现平淡总销售额增长5%至8.44亿美元受许可协议的正常波动影响许可收入下降但版税收入强劲增长非GAAP净收入每股摊薄收益下降17%至0.3美元 [9] - Arm有望受益于人工智能繁荣华尔街预计到2026年3月结束的2026财年其调整后收益将以每年33%的速度增长当前100倍调整后收益的估值看起来较贵但并非贵得离谱风险承受能力高且能接受波动的投资者可考虑少量买入但未来可能有更具吸引力的买入机会 [11]

公司股价表现 - Arm Holdings公司股价近一个月下跌10.7%而行业整体上涨14.2%最近一次交易收盘价为136.35美元较52周高点188.75美元低28%但今年以来仍上涨81% [1] 公司在行业中的地位 - 在半导体行业尤其是移动设备领域占据主导地位其低功耗架构在智能手机和平板电脑中应用数十年为苹果三星高通等领先制造商提供技术 [3] - 处于人工智能和物联网发展受益的独特地位其芯片被集成到智能设备自主系统和数据中心以满足人工智能计算需求且专注于为人工智能中心业务调整设计有很大增长潜力 [4] 公司商业模式 - 采用授权和版税结构将芯片设计授权给主要科技公司并从每块售出芯片中获取版税无需大量资本支出且与关键行业参与者的合作使其在汽车数据中心和智能设备等领域保持优势 [5] 公司财务状况 - 近期IPO带来大量资金截至9月30日持有24亿美元现金且无债务有助于资助研发战略收购和扩大市场份额增强竞争地位应对市场波动和投资未来增长机会 [6] 公司IPO后的波动 - 自IPO以来股票波动较大尽管资金流入增强了财务状况但估值受市场情绪影响且受全球经济状况和半导体行业周期性影响短期有风险投资者需谨慎对待近期波动 [7] 公司盈利前景 - 2025财年盈利预期为1.55美元较上年增长22%2026财年预计较上年实际增长33.4% [8] - 各季度盈利预期有具体数值且较上年有不同程度增长 [9] 公司销售前景 - 2025财年和2026财年销售额预计分别同比增长21.9%和25.1% [10] 公司股票估值 - 目前股价昂贵约为未来12个月每股盈利的72倍远高于行业平均的44倍过去12个月企业价值与息税折旧摊销前利润比率约为206.6倍远超行业平均的57.8倍 [11] 投资建议 - 尽管公司在半导体行业中是强大参与者且有良好商业模式和财务状况但鉴于当前估值可能仍有下跌空间投资者等待更有吸引力的买入点可能是明智的目前为Zacks排名3（持有） [12][13]

This company plays an important role in the global chip market and recently delivered better-than-expected results.Arm Holdings (ARM 0.93%) stock has been in sizzling form on the stock market in 2024, rising nearly 90% as of this writing thanks to a string of solid results in recent quarters that have bested Wall Street's expectations, and the company's latest quarterly results have further boosted investors' confidence in this British company's growth prospects.Arm released fiscal 2025 second-quarter resul ...

Arm posted modest growth in its recent earnings report, but there's a good reason for that.Arm Holdings (ARM -0.61%) has been one of the biggest winners in the artificial intelligence (AI) boom. The company was late to the party, going public in September 2023, nearly a year after ChatGPT launched, but the stock has tripled from its initial public offering (IPO) price.Arm is a semiconductor company, and it makes money by licensing chip designs, typically for CPUs, to companies like Nvidia, and collects roya ...

The semiconductor industry has surged alongside the rise of artificial intelligence (AI), positioning companies like Arm Holdings (NASDAQ: ARM) to benefit from increased demand. Known for its energy-efficient chip designs, Arm dominates the mobile device market and is now seeing heightened interest in its architectures as power-intensive AI applications continue to rise. ARM stock year-to-date price. Source: Google FinanceARM, currently trading at $148 with a year-to-date gain of 115%, reflects the appeal o ...

Key TakeawaysShares of Arm Holdings rallied Thursday, reversing losses in late-Wednesday trading after the company's results landed.The chip designer beat expectations with its revenue and earnings, but its full-year sales outlook underwhelmed.Analysts at Barclays raised their price target, calling for double-digit growth next year. Arm Holdings (ARM) shares climbed Thursday, reversing course after the stock initially dipped following the company’s fiscal second-quarter earnings results.  The chip designer ...