Top Wall Street Forecasters Revamp Arm Holdings Price Expectations Ahead Of Q3 Earnings
1. Arm expects Q3 earnings to rise to 34 cents per share from 29 cents. 2. Projected revenue for Q3 is $948 million, up from $824 million year-over-year. 3. Shares gained 4.2% closing at $162.20 on positive analyst sentiment. 4. Barclays and UBS raised price targets, indicating strong future performance expected. 5. New CEO for Arm's Chinese venture could influence operational strategies.