Bernstein Raises its Price Target on Arm Holdings (ARM)

Arm Holdings plc (NASDAQ:ARM) is one of the 10 All-Time High Stocks with Legs to Rally Further.

On June 17, 2026, Bernstein analyst David Dai raised the firm’s price target on Arm Holdings plc (NASDAQ:ARM) to $500 from $300 and maintained an Outperform rating. Dai described Arm as a structural beneficiary of the “renaissance of CPUs for agentic AI,” citing the architecture’s power efficiency for agentic AI workloads. Bernstein also pointed to Arm’s shift from an IP provider to a CPU maker. Arm is targeting $15B in revenue by 2030, while Bernstein forecasts $22B after revising its 2030 CPU TAM estimate to $223B.

On June 4, Mizuho raised its price target on Arm to $500 from $425 and maintained an Outperform rating. Mizuho cited accelerating agentic AI tailwinds as Arm’s platform expands with Oracle and ByteDance and estimated that the company could generate $15B in agentic AI infrastructure CPU revenue by fiscal 2031. Mizuho also raised its estimates.

Photo by JESHOOTS.COM on Unsplash

Earlier in June, Reuters’ Max Cherney reported that CEO Rene Haas said the U.S. would have difficulty blocking CPU exports to China because of their widespread use and the challenge of targeting only AI CPUs. Haas said CPUs are “kind of like oil relative to the application space,” referring to their broad use across applications.

Arm Holdings plc (NASDAQ:ARM) researches, develops, licenses, and markets CPU, graphics processing unit, systems, and compute subsystem IP, along with associated software, tools, and services.

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.