ARM (NASDAQ:ARM – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.560-1.640 for the period, compared to the consensus estimate of 1.560. The company issued revenue guidance of $4.0 billion-$4.0 billion, compared to the consensus revenue estimate of $4.0 billion.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the stock. Needham & Company LLC reiterated a “hold” rating on shares of ARM in a research note on Thursday. The Goldman Sachs Group raised their target price on shares of ARM from $159.00 to $174.00 and gave the stock a “buy” rating in a research report on Thursday. Raymond James raised their target price on shares of ARM from $160.00 to $175.00 and gave the stock an “outperform” rating in a research report on Thursday. Citigroup increased their price target on ARM from $170.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Benchmark reissued a “hold” rating on shares of ARM in a report on Thursday. Two analysts have rated the stock with a sell rating, six have issued a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $162.17.
Read Our Latest Stock Report on ARM
ARM Stock Performance
ARM (NASDAQ:ARM – Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.30 EPS for the quarter, beating 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 return on equity of 13.69% and a net margin of 18.13%. ARM’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.36 EPS. On average, research analysts forecast that ARM will post 0.84 earnings per share for the current fiscal 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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