Arm price target raised to $187 from $147 at Guggenheim

Guggenheim analyst John DiFucci raised the firm’s price target on Arm (ARM) to $187 from $147 and keeps a Buy rating on the shares. In 2025, software stocks have mostly moved with broad economic sentiment rather than company fundamentals, and while security stocks have outperformed software overall, their underlying growth has lagged except in areas like Identity and Data security, the analyst says. Despite some positive market momentum driven by retail trading and FX tailwinds, corporate IT demand remains weak, and there’s risk to earnings estimates, prompting only a modest price target increase for Arm on higher revenue growth, Guggenheim says.