Why Arm Holdings PLC - ADR’s (ARM) Stock Is Up 5.28%

By Cynthia McLaughlin
November 22, 2023
Featured Tickers:
ARM

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Arm Holdings PLC - ADR before investing.

In this article, we go over a few key elements for understanding Arm Holdings PLC - ADR’s stock price such as:

  • Arm Holdings PLC - ADR’s current stock price and volume
  • Why Arm Holdings PLC - ADR’s stock price changed recently
  • Upgrades and downgrades for ARM from analysts
  • ARM’s stock price momentum as measured by its relative strength

About Arm Holdings PLC - ADR (ARM)

Before we jump into Arm Holdings PLC - ADR’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Arm Holdings plc is a semiconductor intellectual property (IP) company. The Company develops and licenses IP for various devices worldwide, and it provides development tools that accelerate product development, from sensors to smartphones to servers. Its central processing unit (CPUs) and nomenclature for properties and units (NPUs) include Cortex-A, Cortex-M, Cortex-R, Neoverse, Ethos and SecurCore. It provides processor IP, offering a range of cores to address the performance, power and cost requirements of every device, from Internet of things sensors to supercomputers, and from smartphones and laptops to autonomous vehicles. Its graphics and camera technology drives the visual experience across a range of devices, including mass-market to high-performance smartphones, Android OS-based tablets, and digital televisions. It provides foundation physical IP and processor implementation solutions to address the performance, power and cost requirements for all application markets.

Want to learn more about Arm Holdings PLC - ADR’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Arm Holdings PLC - ADR.

Learn More About A+ Investor

Arm Holdings PLC - ADR’s Stock Price as of Market Close

As of November 22, 2023, 4:00 PM, CST, Arm Holdings PLC - ADR’s stock price was $61.76.

Arm Holdings PLC - ADR is up 5.28% from its previous closing price of $58.66.

During the last market session, Arm Holdings PLC - ADR’s stock traded between $56.43 and $58.90. Currently, there are 1,025.31 million shares of Arm Holdings PLC - ADR stock available for purchase.

Arm Holdings PLC - ADR’s price-earnings (P/E) ratio is currently at 114.9, which is high compared to the Semiconductors industry median of 19.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Arm Holdings PLC - ADR Stock Price History

Arm Holdings PLC - ADR’s (ARM) price is currently up 25.3% so far this month.

During the month of November, Arm Holdings PLC - ADR’s stock price has reached a high of $64.92 and a low of $48.30.

Over the last year, Arm Holdings PLC - ADR has hit prices as high as $69.00 and as low as $46.50.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Arm Holdings PLC - ADR Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 21, 2023, there were 11 analysts who downgraded Arm Holdings PLC - ADR’s stock and 2 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Arm Holdings PLC - ADR’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Arm Holdings PLC - ADR’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Arm Holdings PLC - ADR’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Arm Holdings PLC - ADR (ARM) by visiting AAII Stock Evaluator.

Relative Price Strength of Arm Holdings PLC - ADR

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 21, 2023, Arm Holdings PLC - ADR has a weighted four-quarter relative price strength of %, which translates to a Momentum Score of and is considered to be NA.

Want to learn more about how Arm Holdings PLC - ADR is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Arm Holdings PLC - ADR Stock Price: Bottom Line

As of November 22, 2023, Arm Holdings PLC - ADR’s stock price is $61.76, which is up 5.28% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Arm Holdings PLC - ADR stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.

Learn More About A+ Investor

Find New Stock Opportunities With Included With AAII Platinum
O'Neil CAN SLIM Screen: 38.3% Compared to S&P 500
at only 23.3%

Since Inception. Data as of 12/31/2024.




Try AAII Platinum and get full access to
769.3% Stock Superstars Portfolio Total Return Since Inception
Compare to:
710.3% iShare DOW Jones
U.S. Index ETF (IYY)

SSR Group 3 O'Shaughnessy portfolio has a 411.2% gain since inception performance compared to IYY at only 119.1%% Performance as of 11/29/24.

Get your free copy of our special report analyzing the tech stocks most likely to outperform the market.

Download the FREE Report Here:

BECOME A MEMBER FOR ONLY $2

Get access to powerful investment discovery tools and a wealth of investment education to help you achieve your financial goals.