u/Ill-Competition-2222

ARM is sitting at a 300 billion market cap with a P/E over 300. The whole chip industry trades around 36. Stock is up like 119% this year and even the bulls have price targets below where it sits right now. Fair value estimates put it 60% lower. Free cash flow growth actually went negative. Yeah it's a good company but the price is just nuts.

Anyone else shorting this? I really think it can come down