Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessWells Fargo Initiates Coverage on Arm Holdings at Overweight, Shares Surge 5...

Wells Fargo Initiates Coverage on Arm Holdings at Overweight, Shares Surge 5 percent

Add to Favorite
Added to Favorite


Analysts at Wells Fargo started coverage on Arm Holdings (NASDAQ:ARM) with an Overweight rating and a price target of $70.00. The analysts’ commentary underscores Arm’s strong positioning within the $550 billion global semiconductor industry. As a consequence, shares gained more than 5% intra-day today.
They identify several key advantages for Arm, including the company’s engagement in captive chip designs and its potential to benefit from China’s development of a domestic chip industry. Another significant aspect is the market’s general shift from X86 to RISC-based compute IP, alongside the expanding market opportunity in compute resources specific to AI workloads, and the increasing adoption of licensable third-party IP for chip design.
On a more specific level, the analysts pointed out that Arm’s revenue growth and margins are set to benefit from higher royalty rates charged for newer-generation cores, such as Armv9, and from transitioning customer licensing from up-front to time-based models. This transition is expected to increase predictability and visibility into licensing revenue, potentially leading to higher valuation multiples for Arm shares, mirroring the re-rating benefits that EDA stocks have experienced over the past decade and more.

Subscribe to get Latest News Updates

Latest News

You may like more
more

U.S. House Votes to Allocate $3 Billion to Remove Chinese Telecom Equipment

The U.S. House of Representatives is preparing to vote...

ECB December Meeting Preview: Rate Cuts and Revised Projections in Focus

The European Central Bank (ECB) is expected to reduce...

Weekly Upgrade Round-Up: Major Analysts Boost Market Sentiment for Key Stocks

This week saw several prominent companies receive notable upgrades...

Gucci Faces Uphill Battle as 2025 Approaches: UBS Analysts Skeptical

Gucci, the flagship brand of Kering (EPA:PRTP), remains a...