ARM (NASDAQ:ARM) Releases Q3 Earnings Guidance

ARM (NASDAQ:ARM) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.32-0.36 for the period, compared to the consensus EPS estimate of $0.33. The company issued revenue guidance of $920-970 million, compared to the consensus revenue estimate of $939.31 million. ARM also updated its FY 2025 guidance to 1.450-1.650 EPS.

Analyst Ratings Changes

A number of brokerages have recently commented on ARM. Daiwa America raised shares of ARM from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 8th. Loop Capital upped their price objective on ARM from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, August 6th. TD Cowen boosted their target price on ARM from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday. Needham & Company LLC reaffirmed a “hold” rating on shares of ARM in a report on Thursday. Finally, William Blair initiated coverage on shares of ARM in a research report on Wednesday, September 18th. They set an “outperform” rating for the company. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ARM has an average rating of “Moderate Buy” and an average target price of $145.57.

ARM Stock Down 2.1 %

Shares of ARM traded down $3.17 during trading hours on Friday, hitting $147.48. 6,391,084 shares of the company were exchanged, compared to its average volume of 10,921,943. ARM has a fifty-two week low of $49.82 and a fifty-two week high of $188.75. The company has a market cap of $154.53 billion, a price-to-earnings ratio of 377.73, a P/E/G ratio of 6.27 and a beta of 5.40. The firm’s fifty day moving average is $142.03 and its 200 day moving average is $137.63.

ARM (NASDAQ:ARM) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.04. The firm had revenue of $844.00 million for the quarter, compared to the consensus estimate of $810.03 million. ARM had a net margin of 12.12% and a return on equity of 18.97%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.36 earnings per share. Analysts anticipate that ARM will post 0.86 EPS for the current year.

ARM Company Profile

Arm Holdings plc architects, develops, and licenses central processing unit products and related technologies for semiconductor companies and original equipment manufacturers rely on to develop products. It offers microprocessors, systems intellectual property (IPs), graphics processing units, physical IP and associated systems IPs, software, tools, and other related services.