Shares of ARM Holdings PLC (ARM, Financial) fell 5.28% in mid-day trading on Oct 23. The stock reached an intraday low of $142.81, before recovering slightly to $144.53, down from its previous close of $152.59. This places ARM 23.43% below its 52-week high of $188.75 and 206.73% above its 52-week low of $47.12. Trading volume was 4,769,450 shares, 79.1% of the average daily volume of 6,027,590.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 28 analysts, the average target price for ARM Holdings PLC (ARM, Financial) is $138.19 with a high estimate of $200.00 and a low estimate of $75.21. The average target implies an downside of 4.39% from the current price of $144.53. More detailed estimate data can be found on the ARM Holdings PLC (ARM) Forecast page.
Based on the consensus recommendation from 36 brokerage firms, ARM Holdings PLC's (ARM, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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