Is Arm Holdings Stock Going to $145? 1 Wall Street Firm Thinks So.
Arm plc(ARM) The Motley Fool·2024-05-10 07:47
The company's outlook points to growing demand for its chip technology, but will it be enough to send the stock higher?Heading into the company's recent earnings report, Arm Holdings (ARM -2.34%) stock had risen sharply, as investors anticipated strong increases in revenue. Arm delivered on those expectations by reporting record revenues in the March-ending fiscal fourth quarter.However, the stock still fell after the earnings release, as the results weren't quite good enough to justify the company's expens ...