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 $1.54. The company issued revenue guidance of $3.8-4.1 billion, compared to the consensus revenue estimate of $3.98 billion. ARM also updated its FY 2025 guidance to 1.450-1.650 EPS.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Evercore ISI assumed coverage on ARM in a report on Tuesday, April 16th. They set an outperform rating and a $156.00 price target for the company. Susquehanna reiterated a neutral rating and issued a $85.00 target price on shares of ARM in a report on Thursday, April 4th. New Street Research reiterated a neutral rating and issued a $110.00 target price on shares of ARM in a report on Tuesday, February 27th. Rosenblatt Securities reiterated a buy rating and issued a $180.00 target price on shares of ARM in a report on Monday. Finally, TD Cowen lifted their target price on ARM from $80.00 to $95.00 and gave the stock an outperform rating in a report on Thursday, February 8th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of Hold and a consensus price target of 92.08.

ARM Trading Down 1.6 %

NASDAQ:ARM traded down 1.73 during mid-day trading on Wednesday, hitting 106.07. 13,108,866 shares of the company’s stock traded hands, compared to its average volume of 13,879,556. The company has a fifty day moving average of 121.56 and a 200 day moving average of 90.46. ARM has a twelve month low of 46.50 and a twelve month high of 164.00.

ARM (NASDAQ:ARM) last posted its quarterly earnings results on Wednesday, February 7th. The company reported 0.29 earnings per share for the quarter, beating the consensus estimate of 0.25 by 0.04. The firm had revenue of 824.00 million for the quarter, compared to analysts’ expectations of 762.50 million. The company’s revenue was up 13.8% on a year-over-year basis. On average, research analysts predict that ARM will post 0.36 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.