1 Reason to Buy Arm Holdings Stock and 1 Reason to Stay Away
Arm plc(ARM) The Motley Fool·2024-05-14 19:10
Arm is finally finding its way into the data center, but the stock is priced for perfection.Arm Holdings' (ARM 7.71%) earnings report last week was a bit of a mixed bag. While Arm beat analyst expectations for both revenue and earnings, the chip company's outlook for fiscal 2025 fell a bit short of the consensus estimate. Arm expects to generate revenue of $3.95 billion for the full year, plus or minus $150 million, a hair below the $3.99 billion analysts anticipated.Arm stock initially tumbled following th ...