ARM (NASDAQ:ARM) Issues FY25 Earnings Guidance

ARM (NASDAQ:ARM) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.45-$1.65 for the period, compared to the consensus EPS estimate of $1.57. The company issued revenue guidance of $3.8-$4.1 billion, compared to the consensus revenue estimate of $3.99 billion. ARM also updated its Q2 guidance to $0.23-$0.27 EPS.

Analyst Ratings Changes

A number of research firms recently issued reports on ARM. KeyCorp boosted their target price on shares of ARM from $120.00 to $135.00 and gave the company an overweight rating in a research report on Monday, April 8th. BNP Paribas downgraded ARM from an outperform rating to a neutral rating and set a $100.00 target price on the stock. in a research note on Friday, April 19th. Evercore ISI reduced their price target on ARM from $156.00 to $145.00 and set an outperform rating for the company in a research report on Thursday, May 9th. Sanford C. Bernstein raised their price objective on shares of ARM from $72.00 to $92.00 and gave the stock an underperform rating in a research note on Thursday, May 16th. Finally, Susquehanna reiterated a neutral rating and issued a $85.00 target price on shares of ARM in a research note on Thursday, April 4th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of Hold and an average target price of 109.08.

ARM Trading Up 8.4 %

Shares of ARM traded up 11.21 during mid-day trading on Wednesday, reaching 144.17. The stock had a trading volume of 13,842,892 shares, compared to its average volume of 12,752,352. ARM has a 52-week low of 46.50 and a 52-week high of 188.75. The business’s fifty day moving average is 152.99 and its 200 day moving average is 126.30.

ARM (NASDAQ:ARM) last released its quarterly earnings results on Wednesday, May 8th. The company reported 0.36 EPS for the quarter, beating the consensus estimate of 0.30 by 0.06. The firm had revenue of 928.00 million for the quarter, compared to analyst estimates of 865.94 million. ARM had a net margin of 9.46% and a return on equity of 16.94%. The business’s revenue for the quarter was up 46.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.02 EPS. Sell-side analysts forecast that ARM will post 0.81 EPS for the current year.

About ARM

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.