On July 30, ARM Holdings surged 17.79% in regular trading, trading at approximately $259.25 per share, with turnover of $490 million. The stock reversed from a pre-market decline of over 7% to post a significant intraday rally.
On the news front, ARM reported FY2027 Q1 adjusted EPS of $0.45, beating the consensus estimate of $0.40 by 12.5%; revenue came in at $1.289 billion, above the $1.262 billion estimate, representing 22.7% year-over-year growth. Q2 revenue guidance of approximately $1.38 billion also exceeded the FactSet consensus of $1.34 billion. Although the company flagged smartphone industry softness and multiple institutions cut price targets — UBS to $320, RBC to $340, Bank of America to $260, Wells Fargo to $280 — the market reassessed the magnitude of the earnings beat and reversed sharply. The broader semiconductor sector rallied in tandem, with Lam Research up over 13%, SK Hynix up 8.91%, AMD up 8%, and Micron up 7.49%, amplifying sector-wide momentum.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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