Arm Holdings (ARM) Hits All-Time High on Bernstein Upbeat Rating

Arm Holdings PLC (NASDAQ:ARM) is one of the 10 Stocks With Insane Returns Right Now.

Arm Holdings extended its winning streak to a third straight day on Wednesday to hit a new all-time high, as investors continued to take heart from an investment firm’s highly optimistic stance for its stock, saying that profits are expected to rocket fivefold by 2030.

In intra-day trading, the stock climbed to its highest price of $259.44 before trimming gains to finish the session just up by 15.05 percent at $256.73 apiece.

Photo from Arm Holdings

In a market note, Bernstein assigned an outperform rating on shares of Arm Holdings PLC (NASDAQ:ARM), alongside a price target of $300, or an implied 16.8 percent upside potential from its latest closing price.

The coverage was based on the belief that the company stands to largely benefit from the renaissance of CPUs for agentic AI, given the rapid shift from chatbot to AI agents.

Bernstein also noted that Arm Holdings PLC (NASDAQ:ARM) is expected to capture a fourfold increase in CPU market share over the next four years to hit $137 billion.

“Arm stands out in server CPUs given its unparalleled power efficiency,” Bernstein said.

In other news, Arm Holdings PLC (NASDAQ:ARM) reported a 49 percent jump in its net income in the fourth quarter of fiscal year 2026 to $313 million from $210 million in the same period last year. Revenues also increased by 20 percent to $1.49 billion from $1.241 billion.

For the first quarter of fiscal year 2027 ending June, the company has set a revenue outlook of $1.26 billion, plus or minus $50 million. This would imply a 19.6 percent jump from the $1.053 billion reported in the same period a year earlier.

While we acknowledge the risk and potential of ARM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ARM and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1