Arm Holdings gains after Susquehanna upgrades to 'positive'

U.S.-listed shares of Arm Holdings O9Ty.F, ARM.O up 3.7% at $111.11 premarket

Susquehanna upgrades ARM to "positive" from "neutral"

"Despite investor worries about the effects of higher memory prices on the mobile and PC markets, which we note are now well-known, we see several dynamics enabling Arm to capture a higher royalty rate across several of its end markets" - Brokerage

Adds ARM is pursuing several major initiatives that the brokerage believes will 'dramatically' expand total addressable market (TAM) once unveiled

23 of 40 brokerages covering the stock recommend "buy" or higher, 13 "hold" and 4 "sell" or lower; median PT is $165 - data compiled by LSEG

ARM fell 11.4% in 2025