ARM (NASDAQ:ARM) Updates Q1 Earnings Guidance

ARM (NASDAQ:ARM) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.32-0.36 for the period, compared to the consensus estimate of $0.31. The company issued revenue guidance of $875-925 million, compared to the consensus revenue estimate of $866.44 million. ARM also updated its FY 2025 guidance to 1.450-1.650 EPS.

ARM Stock Down 1.6 %

NASDAQ:ARM traded down 1.73 during trading hours on Wednesday, reaching 106.07. 13,108,866 shares of the stock were exchanged, compared to its average volume of 13,879,556. ARM has a twelve month low of 46.50 and a twelve month high of 164.00. The business has a 50-day moving average of 121.56 and a two-hundred day moving average of 90.46.

ARM (NASDAQ:ARM) last released its earnings results on Wednesday, February 7th. The company reported 0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of 0.25 by 0.04. The business had revenue of 824.00 million for the quarter, compared to analyst estimates of 762.50 million. The company’s revenue was up 13.8% on a year-over-year basis. Research analysts anticipate that ARM will post 0.36 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Daiwa Capital Markets lowered ARM from a buy rating to a neutral rating and increased their price target for the company from $63.00 to $130.00 in a research report on Friday, February 16th. BNP Paribas downgraded shares of ARM from an outperform rating to a neutral rating and set a $100.00 target price for the company. in a research note on Friday, April 19th. Evercore ISI initiated coverage on ARM in a report on Tuesday, April 16th. They issued an outperform rating and a $156.00 target price on the stock. Rosenblatt Securities reiterated a buy rating and issued a $180.00 price objective on shares of ARM in a report on Monday. Finally, Mizuho upped their price target on ARM from $100.00 to $160.00 and gave the company a buy rating in a report on Thursday, March 7th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat.com, ARM has an average rating of Hold and an average target price of 92.08.

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.