Is Arm Holdings' High Valuation Testing Market Patience?

Key Takeaways ARM is under pressure as its premium valuation demands clearer near-term operating momentum.ARM's licensing model delays revenue from design wins, muting earnings leverage despite solid execution.ARM trades at 21.89x forward P/S versus 8.25x industry, after a 30% stock drop in three months.Arm Holdings (ARM) is facing mounting pressure not because its technology has lost relevance, but because its valuation is demanding faster, clearer proof of payoff. The market has reached a stage where long ...