In today’s recent session, 1.15 million shares of the Arm Holdings plc. ADR (NASDAQ:ARM) have been traded, and its beta is 4.58. Most recently the company’s share price was $118.48, and it changed around -$5.8 or -4.67% from the last close, which brings the market valuation of the company to $124.88B. ARM at last check was trading at a discount to its 52-week high of $188.75, offering almost -59.31% off that amount. The share price’s 52-week low was $85.61, which indicates that the recent value has risen by an impressive 27.74% since then. We note from Arm Holdings plc. ADR’s average daily trading volume that its 10-day average is 3.57 million shares, with the 3-month average coming to 5.70 million.
Arm Holdings plc. ADR stock received a consensus recommendation rating of Buy, based on a mean score of 2.10. If we narrow it down even further, the data shows that 3 out of 39 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 13 recommended ARM as a Hold, whereas 17 deemed it a Buy, and 1 rated it as Underweight. Arm Holdings plc. ADR is expected to report earnings per share of 0.53 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 -4.67% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 126.27 on recent trading dayincreased the stock’s daily price by 6.17%. The company’s shares are currently down -3.96% year-to-date, but still up 0.48% over the last five days. On the other hand, Arm Holdings plc. ADR (NASDAQ:ARM) is -13.33% down in the 30-day period. We can see from the shorts that 13.23 million shares have been sold at a short interest cover period of 2.45 day(s).
The consensus price target as assigned by Wall Street analysts is $175, which translates to bulls needing to increase their stock price by 32.3% from its current value. Analyst projections state that ARM is forecast to be at a low of $170 and a high of $180.
Arm Holdings plc. ADR (ARM) estimates and forecasts
The year-over-year growth rate is expected to be 23.73%, up from the previous year.
Consensus estimates provided by 25 financial analysts predict the company will bring in an average of 1.23B in revenue for the current quarter. 21 analysts expect Arm Holdings plc. ADR to make 1.1B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 928M and 939M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 32.21%. Forecasts for the next quarter put sales growth at 17.20%.
Arm Holdings plc. ADR earnings are expected to increase by 27.22% in 2025, but the outlook is positive 27.84% per year for the next five years.
Arm Holdings plc. ADR (NASDAQ:ARM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 87.56% of Arm Holdings plc. ADR shares, and 6.74% of them are in the hands of institutional investors. The stock currently has a share float of 54.17%. Arm Holdings plc. ADR stock is held by 881.0 institutions, with AUSTIN PRIVATE WEALTH, LLC being the largest institutional investor. By 2024-06-30, it held 1.9157% of the shares, which is about 20.0 million shares worth $328.0.
SUSQUEHANNA INTERNATIONAL GROUP, LLP, with 0.6156% or 6.43 million shares worth $1.05 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
Goldman Sachs GQG Partners International Opportunities Fund and Invesco QQQ Trust, Series 1 were the top two Mutual Funds as of Jan 31, 2025. The former held 3.2 shares worth $380.09 million, making up 0.31% of all outstanding shares. On the other hand, Invesco QQQ Trust, Series 1 held roughly 2.63 shares worth around $311.95 million, which represents about 0.25% of the total shares outstanding.
