In today’s recent session, 2.18 million shares of the Arm Holdings plc. ADR (NASDAQ:ARM) were traded. Most recently the company’s share price was $127.95, and it changed around -$7.68 or -5.66% from the last close, which brings the market valuation of the company to $139.21B. ARM at last check was trading at a discount to its 52-week high of $188.75, offering almost -47.52% off that amount. The share price’s 52-week low was $46.50, which indicates that the recent value has risen by an impressive 63.66% since then. We note from Arm Holdings plc. ADR’s average daily trading volume that its 10-day average is 7.08 million shares, with the 3-month average coming to 10.70 million.

Arm Holdings plc. ADR stock received a consensus recommendation rating of Hold, based on a mean score of 2.20. If we narrow it down even further, the data shows that 1 out of 31 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 14 recommended ARM as a Hold, whereas 10 deemed it a Buy, and 1 rated it as Underweight. Arm Holdings plc. ADR is expected to report earnings per share of 0.26 for the current quarter.

Arm Holdings plc. ADR (NASDAQ:ARM) trade information

Instantly ARM has been showing red trend so far today with a performance of -5.66% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 138.05 on recent trading dayincreased the stock’s daily price by 7.32%. The company’s shares are currently up 70.27% year-to-date, but still down -3.30% over the last five days. On the other hand, Arm Holdings plc. ADR (NASDAQ:ARM) is -14.13% down in the 30-day period. We can see from the shorts that 15.51 million shares have been sold at a short interest cover period of 1.64 day(s).

The consensus price target as assigned by Wall Street analysts is $132.5, which translates to bulls needing to increase their stock price by 3.43% from its current value. Analyst projections state that ARM is forecast to be at a low of $60 and a high of $190.

Arm Holdings plc. ADR (ARM) estimates and forecasts

Arm Holdings plc. ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -12.48 percent over the past six months and at a 22.83% annual growth rate that is well above the industry average of 16.20%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -27.80% in revenue this quarter, and will report an increase of 17.20% in the next quarter. The year-over-year growth rate is expected to be 22.90%, up from the previous year.

Consensus estimates provided by 17 financial analysts predict the company will bring in an average of 807.93M in revenue for the current quarter. 16 analysts expect Arm Holdings plc. ADR to make 944.22M in revenue for the current ending quarter. Analysts predict that the company’s current quarter sales will jump, forecast at 8.50%.

Arm Holdings plc. ADR earnings are expected to increase by 23.14% in 2024, but the outlook is positive 31.18% per year for the next five years.

ARM Dividends

Arm Holdings plc. ADR’s next quarterly earnings report is expected to be released on 2024-Jul-31.

Arm Holdings plc. ADR (NASDAQ:ARM)’s Major holders

SUSQUEHANNA INTERNATIONAL GROUP, LLP, with 0.6225% or 6.43 million shares worth $1.05 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.

Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF and Vanguard International Growth Fund were the top two Mutual Funds as of Jul 31, 2024. The former held 2.29 shares worth $293.74 million, making up 0.22% of all outstanding shares. On the other hand, Vanguard International Growth Fund held roughly 728.36 shares worth around $93.36 million, which represents about 0.07% of the total shares outstanding.