On July 31, ARM Holdings rose 3.01% in after-hours trading, trading at 248.22 USD/share, with turnover of approximately $33.66 million.
On the news front, ARM released its FY2027 fiscal Q1 results, with adjusted EPS of $0.45 beating the consensus estimate of $0.40, representing 29% year-over-year growth. Revenue came in at $1.29 billion, above the $1.262 billion estimate, reflecting approximately 22.7% year-over-year growth. Although multiple institutions cut their target prices post-earnings and the stock initially fell over 7%, the market reassessed the magnitude of the beat and quickly recovered. The broader semiconductor sector provided additional support, with Lam Research up over 13%, Micron Technology up 7.54%, and SK Hynix up 8.91%, generating sector-wide momentum that extended upward trajectory.
(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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