Arm Stock Drops 10% in Broad Chip Selloff but Remains Up 235% in 2026

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โดย Yahoo Finance·Read original
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Arm Holdings shares fell 10% to near $367 on Tuesday in a broad, Korean-led chip and AI selloff, pulling back from their June 17 all-time intraday high of $444.8. Even after the drop, the stock remains up 235% in 2026, prompting traders to question whether the pullback is a routine pause or a take-profits signal. The slide was driven by sector-wide de-risking after South Korea's KOSPI dropped 10%, amplified by Arm's beta of 3.79. Bernstein recently raised its Arm price target to a Street-high $500 on an Outperform rating, citing agentic AI demand and the new AGI CPU, while the consensus analyst target sits near $282.93, well below current levels. Arm trades at a trailing P/E of about 431x versus an industry average near 24x, and the company posted record fiscal Q4 2026 revenue of $1.49 billion, up 20% year over year.

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