ARM (NASDAQ:ARM – Get Free Report) announced its earnings results on Wednesday. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.19), Zacks reports. ARM had a net margin of 16.96% and a return on equity of 15.56%. ARM updated its Q3 2026 guidance to 0.370-0.450 EPS.
ARM Stock Performance
ARM traded down $0.54 on Wednesday, hitting $160.19. 6,804,027 shares of the company were exchanged, compared to its average volume of 5,310,469. ARM has a 12 month low of $80.00 and a 12 month high of $183.16. The company has a market cap of $169.24 billion, a PE ratio of 242.71, a PEG ratio of 10.60 and a beta of 4.11. The stock’s fifty day moving average is $154.40 and its 200-day moving average is $143.85.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on ARM shares. Needham & Company LLC restated a “hold” rating on shares of ARM in a research note on Thursday, July 31st. BNP Paribas raised ARM from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $110.00 to $210.00 in a research report on Wednesday, July 16th. TD Cowen boosted their price objective on ARM from $155.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st. KeyCorp reiterated an “overweight” rating and issued a $190.00 price objective (up previously from $175.00) on shares of ARM in a research report on Thursday, July 31st. Finally, Raymond James Financial increased their target price on ARM from $140.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, ARM currently has an average rating of “Moderate Buy” and an average price target of $172.80.
Hedge Funds Weigh In On ARM
A number of large investors have recently made changes to their positions in the company. FWL Investment Management LLC bought a new position in ARM during the 2nd quarter worth $34,000. WFA of San Diego LLC bought a new position in shares of ARM in the 2nd quarter valued at $49,000. State of Wyoming acquired a new stake in shares of ARM during the 2nd quarter valued at $102,000. Tower Research Capital LLC TRC boosted its holdings in shares of ARM by 25.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,793 shares of the company’s stock valued at $452,000 after acquiring an additional 566 shares in the last quarter. Finally, IHT Wealth Management LLC boosted its holdings in shares of ARM by 14.2% during the 2nd quarter. IHT Wealth Management LLC now owns 2,974 shares of the company’s stock valued at $481,000 after acquiring an additional 370 shares in the last quarter. Institutional investors own 7.53% of the company’s stock.
ARM Company Profile
Arm Holdings Plc engages in the licensing, marketing, research, and development of microprocessors, systems IP, graphics processing units, physical IP and associated systems IP, software, and tools. It operates through the following geographical segments: United Kingdom, United States, and Other Countries.
Featured Stories
- Five stocks we like better than ARM
- How Can Investors Benefit From After-Hours Trading
- Amazon: Breakout Confirmed—Here’s Where It Could Go Next
- Health Care Stocks Explained: Why You Might Want to Invest
- AI Stocks Are Surging—But Volatility Could Be the Next Big Test
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Seagate’s Record Earnings Prove Its Role as a Core AI Player
Receive News & Ratings for ARM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ARM and related companies with MarketBeat.com's FREE daily email newsletter.
