These Analysts Boost Their Forecasts On Arm Holdings After Upbeat Q3 Results

Arm Holdings Plc ARM reported better-than-expected third-quarter financial results for fiscal year 2025 after the market close on Wednesday.

Arm reported third-quarter revenue of $983 million, beating analyst estimates of $946.73 million. The chip designer reported adjusted earnings of 39 cents per share, beating analyst estimates of 34 cents per share, according to Benzinga Pro.

"Arm delivered record third-quarter revenue driven by continued strong adoption of Armv9 and CSS compute platforms," said Rene Haas, CEO of Arm Holdings. "With our high-performance, energy-efficient, flexible technology, Arm is a key enabler in advancing AI innovation and transforming the user experience, from the edge to the cloud."

Arm said it expects fourth-quarter revenue of $1.175 billion to $1.275 billion. The company anticipates fourth-quarter adjusted earnings of 48 cents to 56 cents per share. Arm also narrowed its full-year guidance. The company now expects full-year revenue of $3.94 billion to $4.04 billion and full-year adjusted earnings of $1.56 to $1.64 per share.

Arm shares gained 6.8% to close at $173.26 on Wednesday.

These analysts made changes to their price targets on Arm following earnings announcement.

• Goldman Sachs analyst Toshiya Hari maintained ARM Holdings with a Buy and raised the price target from $159 to $174..
• JP Morgan analyst Harlan Sur maintained ARM with an Overweight and raised the price target from $160 to $175.
• Jefferies analyst Janardan Menon maintained the stock with a Buy and raised the price target from $170 to $195.
• Mizuho analyst Vijay Rakesh maintained the stock with an Outperform and increased the price target from $160 to $180.
• Rosenblatt analyst Hans Mosesmann maintained ARM with a Buy and raised the price target from $180 to $225.
• Evercore ISI Group analyst Mark Lipacis maintained the stock with an Outperform and raised the price target from $176 to $202.
• Raymond James analyst Srini Pajjuri maintained ARM with an Outperform and raised the price target from $160 to $175.

Considering buying ARM stock? Here’s what analysts think: