Last Updated: 16 Sep 2024
Executive Summary
Arm Holdings plc American Depositary Shares (ARM) is a leading provider of semiconductor intellectual property (IP) that is used in a wide range of electronic devices, including smartphones, tablets, and servers. The company has a strong track record of innovation and has been a key player in the development of the mobile computing market. ARM's shares have performed well in recent years, and the company is expected to continue to benefit from the growing demand for semiconductors.
Company Overview
Arm Holdings plc is a British multinational semiconductor and software design company. The company was founded in 1990 and is headquartered in Cambridge, England. Arm designs and licenses IP for a variety of electronic devices, including smartphones, tablets, servers, and automotive systems. The company's IP is used by over 1,000 licensees, including Apple, Samsung, and Qualcomm.
Fundamental Analysis
Arm Holdings plc has a strong financial profile. The company has a healthy balance sheet with no debt and a large amount of cash on hand. Arm's revenue has grown steadily in recent years, and the company is expected to continue to grow in the future. The company's profit margins are also healthy, and the company is expected to continue to generate strong cash flow.
Technical Analysis
ARM's stock price has been trending higher in recent years. The stock is currently trading above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also in bullish territory.
Short Term Outlook
ARM's stock price is expected to continue to rise in the short term. The company is expected to benefit from the growing demand for semiconductors. The company's strong financial profile and healthy technical indicators also support a bullish outlook.
Long Term Outlook
ARM's long-term outlook is also positive. The company is expected to continue to benefit from the growing demand for semiconductors. The company's strong intellectual property portfolio and its leadership position in the mobile computing market also support a positive long-term outlook.
Analyst Recommendations
The majority of analysts who cover ARM have a buy rating on the stock. The average analyst target price for the stock is $135.41.
Conclusion
Arm Holdings plc is a leading provider of semiconductor IP. The company has a strong financial profile and a positive technical outlook. ARM's stock is expected to continue to rise in the short and long term.
