ARM (NASDAQ:ARM) Updates FY25 Earnings Guidance

ARM (NASDAQ:ARM) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $1.45-1.65 for the period, compared to the consensus earnings per share estimate of $1.56. The company issued revenue guidance of $3.8-4.1 billion, compared to the consensus revenue estimate of $3.97 billion. ARM also updated its FY 2025 guidance to 1.450-1.650 EPS.

Analyst Ratings Changes

Several brokerages have recently commented on ARM. Raymond James began coverage on ARM in a research note on Friday, September 13th. They set an “outperform” rating and a $160.00 price target on the stock. Citigroup upped their target price on ARM from $150.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Benchmark began coverage on ARM in a research note on Monday, September 16th. They issued a “hold” rating on the stock. The Goldman Sachs Group upped their target price on ARM from $144.00 to $159.00 and gave the company a “buy” rating in a research note on Thursday. Finally, HSBC lowered ARM from a “hold” rating to a “reduce” rating in a research note on Monday, July 29th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, ARM has a consensus rating of “Moderate Buy” and a consensus target price of $145.57.

ARM Stock Down 2.1 %

Shares of ARM stock traded down $3.17 on Friday, reaching $147.48. 6,469,780 shares of the stock were exchanged, compared to its average volume of 10,921,943. The stock has a market cap of $154.53 billion, a P/E ratio of 378.16, a price-to-earnings-growth ratio of 6.27 and a beta of 5.40. The firm has a 50 day moving average of $142.03 and a two-hundred day moving average of $137.63. ARM has a 1-year low of $49.82 and a 1-year high of $188.75.

ARM (NASDAQ:ARM) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.04. ARM had a net margin of 12.12% and a return on equity of 18.97%. The firm had revenue of $844.00 million during the quarter, compared to analysts’ expectations of $810.03 million. During the same period in the prior year, the company earned $0.36 EPS. The firm’s revenue was up 4.7% on a year-over-year basis. On average, equities research analysts predict that ARM will post 0.86 EPS for the current fiscal 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.