Arm Holdings (ARM) Price Target Increased to $475 by TD Cowen

AI Summary

On June 24, 2026, TD Cowen raised its price target on Arm Holdings plc (NASDAQ:ARM) to $475 from $265 while maintaining a Buy rating. Similarly, UBS also raised its price target to $470 from $260. BofA analyst Vivek Arya increased the firm's price target on Arm to $460 from $335, maintaining a Neutral rating. The adjustments reflect an updated forecast for the semiconductor industry's addressable market, now estimated at $2.7 trillion for 2030, up from $2.3 trillion, driven mainly by growth in memory and data centers.