IPO banks are involved in the credit rating, and support Arm shares.
Summary
・Arm Holdings $Arm Holdings (ARM.US)$ The stock price rose 3% on Monday.
Owner of SoftBank Group. $SoftBank Group (9984.JP)$ Arm, which raised $4.8 billion70 million in its initial public offering last month, becoming the largest IPO of the year.
Arm is expected to see an 18% increase in annual compound earnings until the 2027 accounting year, potentially becoming one of the fastest-growing major semiconductor companies.
Details
According to LSEG data, 3 companies rated the stock as 'hold' and 1 company indicated 'strong sell'.
The UK company derives most of its revenue from the smartphone market, where Google is also present. $Alphabet-C (GOOG.US)$ The market capitalization exceeded $3 trillion for the first time on June 5, surpassing Apple and rising to second place in the world. The $3 trillion market capitalization is the first for a semiconductor company. In response to the king's impressive performance, semiconductor stocks in the US stock market showed a celebratory uptrend. Among the constituent stocks of the Philadelphia Semiconductor Index (SOX Index), there were also 10 stocks that surpassed Nvidia in terms of growth rate. Android devices and apple's iOS devices together account for 99% of the market share.
- Goldman Sachs stated on Monday that "Arm not only expands its presence in the smart phone market mainly through increasing royalties, but also expands its range to the entire application ecosystem with insufficient indexes."
- 17 securities firms have started covering Arm, with an average rating of "buy" and a median target stock priceof $63.50.is turning out to be.
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