ARMN stock is currently trading at $151.91, slightly above the average analyst target of $151.12, indicating potential overvaluation. Bulls argue that ARMN's robust growth in AI, automotive, and mobile chip markets, coupled with a projected 23% CAGR from 2023 to 2025, supports a higher valuation. However, its high P/E ratio of 177.61 compared to the industry average suggests limited upside in the short term.