In the latest trading session, 0.67 million Arm Holdings plc. ADR (NASDAQ:ARM) shares changed hands as the company’s beta touched 4.36. With the company’s most recent per share price at $117.20 changed hands at -$4.17 or -3.44% at last look, the market valuation stands at $123.53B. ARM’s current price is a discount, trading about -61.05% off its 52-week high of $188.75. The share price had its 52-week low at $85.61, which suggests the last value was 26.95% up since then. When we look at Arm Holdings plc. ADR’s average trading volume, we note the 10-day average is 5.74 million shares, with the 3-month average coming to 5.97 million.
Analysts gave the Arm Holdings plc. ADR (ARM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.10. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ARM as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Arm Holdings plc. ADR’s EPS for the current quarter is expected to be 0.53.
Arm Holdings plc. ADR (NASDAQ:ARM) trade information
Instantly ARM was in red as seen in intraday trades today. With action 5.12%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -4.99%, with the 5-day performance at 5.12% in the green. However, in the 30-day time frame, Arm Holdings plc. ADR (NASDAQ:ARM) is -26.54% down. Looking at the short shares, we see there were 14.83 million shares sold at short interest cover period of 2.63 days.
The consensus price target for the stock as assigned by Wall Street analysts is 175, meaning bulls need an upside of 33.03% from its recent market value. According to analyst projections, ARM’s forecast low is 170 with 180 as the target high. To hit the forecast high, the stock’s price needs a -53.58% plunge from its current level, while the stock would need to soar -45.05% for it to hit the projected low.
Arm Holdings plc. ADR (ARM) estimates and forecasts
Year-over-year growth is forecast to reach 23.73% up from the last financial year.
Consensus estimates given by 25 financial analysts project the company’s revenue in the current quarter to hit an average of 1.23B. 21 analysts are of the opinion that Arm Holdings plc. ADR’s revenue for the current quarter will be 1.1B. The company’s revenue for the corresponding quarters a year ago was 928M and 939M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 32.21%. The estimates for the next quarter sales put growth at 17.20%.
Arm Holdings plc. ADR (NASDAQ:ARM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 87.56% of Arm Holdings plc. ADR shares while 6.74% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 54.16%. There are 6.74% institutions holding the Arm Holdings plc. ADR stock share, with AUSTIN PRIVATE WEALTH, LLC the top institutional holder. As of 2024-06-30, the company held 1.9157% of the shares, roughly 20.0 million ARM shares worth $328.0.
SUSQUEHANNA INTERNATIONAL GROUP, LLP holds the second largest percentage of outstanding shares, with 0.6156% or 6.43 million shares worth $1.05 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF and Artisan Developing World Fund. With 2.6 shares estimated at $304.89 million under it, the former controlled 0.25% of total outstanding shares. On the other hand, Artisan Developing World Fund held about 0.07% of the shares, roughly 733.68 shares worth around $86.06 million.
