Where Will Arm Holdings Stock Be in 1 Year?
Arm Holdings (NASDAQ: ARM) went public on Sept. 14, 2023, seven years after it was acquired by the Japanese conglomerate SoftBank Group. The British chip designer listed its shares at $51, but they still trade at only $54 as of this writing.
Arm's high valuations, the cyclical slowdown of the smartphone market, and questions about its long-term growth potential all prevented the bulls from rushing in. But could this bellwether of the semiconductor sector rally over the next 12 months?
Image source: Getty Images.
Source Fool.com
SoftBank Group Stock
€48.40
3.630%
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the SoftBank Group stock is not clear.
As a result the target price of 50 € shows a slightly positive potential of 3.31% compared to the current price of 48.4 € for SoftBank Group.
