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Arm HoldingsARM

Semiconductors
High qualityPricier than peers
$205.97−9.97%After hours: $206.89 (+0.45%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 20.9% over 1 year
Arm Holdings over 1 yearDaily close, $, to 30 Oct 2026
$100$300$400Nov2026MarMayJulSep$205.97$400NovMarJul$205.97
Source: Nasdaq daily closes
Market value$220B
Price to earnings211.3x
Forward P/E86.3x
Dividend yield–
Year to date+88.4%
One year+20.9%
Next earningsWed 4 Nov, after the close
SectorInformation Technology
52-week range (closes)
$104.55$439.46

Quality and valuation

How Arm Holdings compares with other information technology stocks. A description, not a recommendation.

Arm Holdings and 6 semiconductors peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most information technology companies, priced above most of them.

Arm Holdings trades at 86.3 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew faster than the sector median: +25.1% vs +20.6%
  • Keeps more of each sale (gross margin): 97.5% vs 61.5%
  • Less profitable (operating margin): 17.0% vs 17.0%
  • Turns more of its sales into cash: 29.2% vs 21.7%
ARM trades at 86.3x forward earnings, above the sector medianForward p/e, Semiconductors peers
MU5.0xNVDA16.9xAVGO18.8xTSM19.8xTXN28.7xINTC38.4xAMD44.8xARM86.3xSector median 22.2xMU5.0xNVDA16.9xAVGO18.8xTSM19.8xTXN28.7xINTC38.4xAMD44.8xARM86.3xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 212.3x earnings, ARM is cheaper than its average since Aug 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
400xAverage 240.8x20252026212.3x400xAverage 240.8x20252026212.3x
Source: Nasdaq prices; SEC filings

Financials

From Arm Holdings's SEC filings, through the quarter ending 30 Jun 2026. Hover or tap a bar for its value.

Revenue grew 22.4% from a year earlierQuarterly revenue, $bn, latest Q1 ’27
$0.0bn$0.5bn$1.0bnQ2 ’25Q4 ’25Q2 ’26$1.3bnQ1 ’27$0.0bn$0.5bn$1.0bnQ2 ’25Q4 ’25Q2 ’26$1.3bnQ1 ’27
Source: SEC filings
Growth sped up to +22.4% last quarterRevenue growth, year on year, %
0%10%20%30%Q2 ’25Q4 ’25Q2 ’2622.4%Q1 ’270%20%Q2 ’25Q4 ’25Q2 ’2622.4%Q1 ’27
Source: SEC filings
Operating margin was 7.1% last quarterOperating income as a share of revenue, %
0%10%20%30%Q2 ’25Q4 ’25Q2 ’267.1%Q1 ’270%20%Q2 ’25Q4 ’25Q2 ’267.1%Q1 ’27
Source: SEC filings
Free cash flow was $1.5 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $m
$0m$200m$400m$600mQ2 ’25Q4 ’25Q2 ’26$705mQ1 ’27$0m$500mQ2 ’25Q4 ’25Q2 ’26$705mQ1 ’27
Source: SEC filings
Last 12 monthsARMSector median
Revenue growth+25.1%+20.6%
Gross margin97.5%61.5%
Operating margin17.0%17.0%
Free cash flow margin29.2%21.7%
Price to earnings211.3x33.1x

Stories on Arm Holdings

Friday, 30 October
Why it moved

AMD, Arm and Qualcomm Shares Slide After Intel's Forecast: What Happened

AMD, Arm and Qualcomm each fell more than 12% on Friday as Intel's weak forecast and new worries about AI spending set off a broad chip selloff.

AMD▼ 12.8%
Three computer chips sliding down an icy slope

Similar companies

Semiconductors, by market value.

CompanyPriceTodayYTDValue
NVDANvidia$204.64−4.22%+9.7%$4.93T
TSMTaiwan Semiconductor$406.13−5.95%+33.6%$2.11T
AVGOBroadcom$326.08−5.48%−5.8%$1.56T
MUMicron Technology$884.74−5.30%+210.0%$1.00T
AMDAMD$504.80−10.88%+135.7%$824B
INTCIntel$65.76−28.58%+78.2%$348B
TXNTexas Instruments$300.84−3.40%+80.4%$275B
ADIAnalog Devices$417.11−3.73%+53.8%$202B