19 Trending AI Stocks on Latest Analyst Ratings and News

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10. Arm Holdings plc (NASDAQ:ARM)

Number of Hedge Fund Holders: 38

Arm Holdings plc (NASDAQ:ARM) architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers. The shipments of the new iPhones are expected to boost investor interest in the stock as the new phones are powered by chips designed on Arm architecture. The iPhones are powered by V9 chip technology, which boosts royalty revenues and supports strong growth projections for the chip designer. The company has growth potential in several markets, including smartphone, data center, and autos. The revenue of the firm is projected to grow at a 27% CAGR through FY26, with operating margins expanding.

Arm Holdings plc (NASDAQ:ARM) is thus turning heads on Wall Street. Daiwa recently upgraded the stock to Outperform from Neutral with a $130 price target, noting that following a few interesting and volatile quarters, the bad news of a possible recession was out and tech was settling post the big recent selloff, though AI expectations were still strong. The analyst expected Arm shares to trend further upwards in the next few months.

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