On July 31, ARM Holdings rose 7.36% in regular trading, trading at approximately $258.89/share, with turnover of $1.57 billion.
On the news front, ARM previously reported FY2027 first fiscal quarter results that beat consensus across the board. Adjusted EPS came in at $0.45, surpassing the $0.40 market estimate by 12.5% and representing 29% year-over-year growth. Revenue reached $1.29 billion, above the $1.262 billion consensus, marking approximately 22.7% year-over-year growth. The company guided Q2 revenue to approximately $1.38 billion, exceeding the FactSet consensus estimate of $1.34 billion. Q2 adjusted EPS guidance of $0.47 also topped the $0.45 analyst average.
The broader semiconductor sector rallied in tandem, with SK Hynix up 8.01%, Intel up 6.91%, AMD up 5.75%, and Micron Technology up 5.0%, providing additional upward momentum through sector-wide strength following multiple chip names posting strong results.
(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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