ARM (NASDAQ:ARM – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.450-1.650 for the period, compared to the consensus earnings per share estimate of 1.560. The company issued revenue guidance of $3.8 billion-$4.1 billion, compared to the consensus revenue estimate of $4.0 billion. ARM also updated its FY25 guidance to $1.45-1.65 EPS.
Analysts Set New Price Targets
ARM has been the subject of several research reports. JPMorgan Chase & Co. raised their price objective on shares of ARM from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday. The Goldman Sachs Group boosted their price objective on shares of ARM from $144.00 to $159.00 and gave the stock a “buy” rating in a research report on Thursday. Sanford C. Bernstein cut ARM from a “market perform” rating to an “underperform” rating and set a $100.00 price objective for the company. in a report on Thursday, October 31st. Hsbc Global Res raised shares of ARM to a “moderate sell” rating in a research note on Monday, July 29th. Finally, Susquehanna boosted their price target on shares of ARM from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Thursday. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.57.
ARM Trading Down 2.1 %
ARM (NASDAQ:ARM – Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.26 by $0.04. The business had revenue of $844.00 million for the quarter, compared to analyst estimates of $810.03 million. ARM had a net margin of 18.13% and a return on equity of 14.14%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.36 earnings per share. On average, analysts expect that ARM will post 0.86 earnings per share 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.
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