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0 -0.000724521011109235 -0.00338109805184352 -0.0073257124456609 -0.0090162614715826 -0.00209306069876019 -0.00289808404443728 -0.00241507003703105
Stock impact report

Nasdaq Correction: 2 AI Stocks Down 33% and 86% to Buy Before They Soar, According to Wall Street [Yahoo! Finance]

Arm Holdings plc - American Depositary Shares (ARM) 
Company Research Source: Yahoo! Finance
Wall Street analysts see that drawdown an opportunity to buy shares of Arm Holdings (NASDAQ: ARM) and Upstart Holdings (NASDAQ: UPST) Arm is down 33% from its 2024 high due in part to disappointing guidance in the recent quarter. But among the 41 analysts that follow the company, the median target price is $177.50 per share. That implies 42% upside from its current share price around $125. Upstart is down 86% from its 2021 high because high inflation and interest rates have made the lending environment less favorable in recent years. But among the 17 analysts that follow the company, the median target is $86.50 per share. That implies 57% upside from its current share price around $55. Here's what investors should know about Arm and Upstart. Arm designs CPUs and subsystems that let clients develop custom chips for end markets like mobile devices and data centers. Arm does not sell chips directly (at least not yet), but rather licenses intellectual property to other companies. Show less Read more
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