Arm Holdings Rises As JP Morgan Starts With Overweight Rating

Seeking Alpha2023-10-09

Arm Holdings (NASDAQ:ARM) shares rose 2% in morning trading on Monday as investment firm J.P. Morgan started coverage on the British chip design firm with an overweight rating.Analyst Harlan Sur, who ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

MysticMel
2023-10-28
MysticMel
Good read

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2374172515?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-10-09 22:03","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2374172515","market":"us","top_or_hot":-1,"title":"Arm Holdings Rises As JP Morgan Starts With Overweight Rating","media":"Seeking Alpha","content":"<div>\n<p>Arm Holdings (NASDAQ:ARM) shares rose 2% in morning trading on Monday as investment firm J.P. Morgan started coverage on the British chip design firm with an overweight rating.Analyst Harlan Sur, who ...</p>\n\n<a href=\"https://seekingalpha.com/news/4019065-arm-holdings-rises-jp-morgan-overweight-rating\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Arm Holdings Rises As JP Morgan Starts With Overweight Rating</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nArm Holdings Rises As JP Morgan Starts With Overweight Rating\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-09 22:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4019065-arm-holdings-rises-jp-morgan-overweight-rating><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Arm Holdings (NASDAQ:ARM) shares rose 2% in morning trading on Monday as investment firm J.P. Morgan started coverage on the British chip design firm with an overweight rating.Analyst Harlan Sur, who ...</p>\n\n<a href=\"https://seekingalpha.com/news/4019065-arm-holdings-rises-jp-morgan-overweight-rating\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BJTD4N35.SGD","symbol_name":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","start_time":0,"source_url":"https://seekingalpha.com/news/4019065-arm-holdings-rises-jp-morgan-overweight-rating","article_id":"2374172515","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2374172515","pubTimestamp":1696860216,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Arm Holdings (NASDAQ:ARM) shares rose fractionally in pre-market trading on Monday as investment firm J.P. Morgan started coverage on the British chip design firm with an overweight rating. Analyst Ha","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4505":"高瓴资本持仓","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4504":"桥水持仓","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","ARM":"ARM Holdings Ltd","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4514":"搜索引擎","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1046421795.USD":"富达环球科技A-ACC","LU1691799644.USD":"Amundi Funds Polen Capital Global Growth A2 (C) USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","BK4501":"段永平概念","BK4543":"AI","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","LU0557290698.USD":"施罗德环球可持续增长基金","BK4141":"半导体产品","LU0149725797.USD":"汇丰美国股市经济规模基金","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BK4503":"景林资产持仓"},"translate_title":"摩根大通开始给予跑赢大盘评级，Arm持股上升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARM":1.1},"content_text":"Arm Holdings (NASDAQ:ARM) shares rose 2% in morning trading on Monday as investment firm J.P. Morgan started coverage on the British chip design firm with an overweight rating.Analyst Harlan Sur, who also put a $70 price target on Arm, said the company has near 100% market share in smartphones, with Apple (AAPL) and Android (GOOG) (GOOGL) devices using Arm architecture, but the company is focusing on getting more intellectual property into total compute platforms, including integrated CPUs, GPUs, networking and memory, along with memory.Companies such as AMD (AMD), Nvidia (NVDA), Qualcomm (QCOM) and others use Arm architecture.\"We see Arm driving an 18%+ revenue [compound annual growth rate] (40% EPS CAGR) for the next three years on higher IP content (driving higher royalty rates), market share gains against proprietary/legacy compute architectures, and ARM's growing market penetration into the highest growth segments of the market like auto, IoT, and datacenter compute,\" Sur wrote in an investor note.\"The team has 90%+ visibility on customer chip design programs and therefore two- to three-year visibility on royalty rates/per chip, which, combined with three-year visibility on its licensing business, drives strong predictability on its total revenue profile,\" Sur added.Sur said the stock should approach the $70 price target over the next nine to 12 months as the company continues to execute and there is the positive to deliver upside to consensus estimates.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":235290889121960,"gmtCreate":1698476759724,"gmtModify":1698476765187,"author":{"id":"4106377793708060","authorId":"4106377793708060","name":"MysticMel","avatar":"https://community-static.tradeup.com/news/16a9345f18a7b542d07a1097ce84bc5f","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4106377793708060","authorIdStr":"4106377793708060"},"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235290889121960","repostId":2374172515,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":7,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2374172515"}