ARM (NASDAQ:ARM) Trading Down 3.3% – What’s Next?

ARM Holdings PLC Sponsored ADR (NASDAQ:ARM)’s stock price dropped 3.3% during trading on Tuesday . The stock traded as low as $146.70 and last traded at $149.74. Approximately 4,016,083 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 5,307,200 shares. The stock had previously closed at $154.84.

Analyst Ratings Changes

A number of equities analysts recently commented on ARM shares. Needham & Company LLC reissued a “hold” rating on shares of ARM in a research note on Thursday, November 6th. Benchmark restated a “hold” rating on shares of ARM in a research note on Thursday, November 6th. Raymond James Financial upped their price objective on shares of ARM from $140.00 to $165.00 and gave the company an “outperform” rating in a report on Thursday, July 31st. KeyCorp lifted their target price on shares of ARM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Finally, Seaport Res Ptn upgraded shares of ARM to a “strong-buy” rating in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, ARM currently has an average rating of “Moderate Buy” and an average price target of $178.55.

ARM Stock Down 3.3%

The stock has a market cap of $158.20 billion, a PE ratio of 191.97, a P/E/G ratio of 9.40 and a beta of 4.11. The business has a 50 day moving average price of $155.71 and a 200 day moving average price of $145.34.

ARM (NASDAQ:ARM) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. ARM had a net margin of 18.81% and a return on equity of 15.03%. The business had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the company earned $0.30 EPS. The business’s revenue was up 34.5% on a year-over-year basis. ARM has set its Q3 2026 guidance at 0.370-0.450 EPS. On average, research analysts predict that ARM Holdings PLC Sponsored ADR will post 0.9 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ARM

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cerity Partners LLC raised its position in shares of ARM by 19.2% during the 1st quarter. Cerity Partners LLC now owns 14,671 shares of the company’s stock worth $1,567,000 after purchasing an additional 2,358 shares during the last quarter. Stephens Inc. AR raised its holdings in shares of ARM by 12.8% during the first quarter. Stephens Inc. AR now owns 4,510 shares of the company’s stock valued at $482,000 after acquiring an additional 510 shares during the last quarter. Louisiana State Employees Retirement System lifted its position in shares of ARM by 2.1% in the first quarter. Louisiana State Employees Retirement System now owns 9,600 shares of the company’s stock valued at $1,025,000 after acquiring an additional 200 shares in the last quarter. CWM LLC increased its position in shares of ARM by 8.1% during the first quarter. CWM LLC now owns 127,737 shares of the company’s stock worth $13,641,000 after purchasing an additional 9,621 shares in the last quarter. Finally, Sigma Planning Corp raised its stake in ARM by 7.3% in the 1st quarter. Sigma Planning Corp now owns 2,409 shares of the company’s stock valued at $257,000 after purchasing an additional 163 shares during the last quarter. Hedge funds and other institutional investors own 7.53% of the company’s stock.

About ARM

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.