ARM Set to Release Q3 2026 Earnings with Analyst Expectations

ARM Holdings is scheduled to release its earnings report for the third quarter of 2026 on February 4, 2026, following the market’s closure. Analysts anticipate that the company will report earnings of $0.41 per share and revenue of approximately $1.2272 billion for the quarter. The guidance for this period has been set by ARM at earnings per share (EPS) between $0.370 and $0.450. Investors can follow the details of the earnings call, which is set to begin at 5:00 PM ET.

In its previous quarterly earnings report on November 5, 2025, ARM reported EPS of $0.39, exceeding analysts’ expectations of $0.33 by $0.06. The company achieved a net margin of 18.81% and a return on equity of 15.03%. Revenue for that quarter reached $1.14 billion, surpassing forecasts of $1.06 billion and showcasing a substantial year-over-year increase of 34.5%.

### Stock Performance and Market Reactions

As of Monday, ARM’s stock opened at $105.36, reflecting a decline of 2.8%. The company’s fifty-day moving average stands at $119.45, while its two-hundred-day moving average is $139.48. With a market capitalization of $111.31 billion, ARM has a price-to-earnings (P/E) ratio of 135.08, a PEG ratio of 6.31, and a beta of 4.35. Over the past year, the stock has fluctuated between a low of $80.00 and a high of $183.16.

Investor sentiment around ARM is influenced by various analyst ratings. Recently, Morgan Stanley revised its price target for ARM from $180.00 to $135.00 while maintaining an “overweight” rating. Conversely, Citigroup downgraded ARM from a “buy” to a “hold” rating, indicating a more cautious outlook. Raymond James Financial initiated coverage on the stock with a “hold” rating, while KeyCorp raised its price target from $190.00 to $200.00.

On the more bearish side, The Goldman Sachs Group downgraded ARM from “neutral” to “sell,” reducing its target price from $160.00 to $120.00. According to MarketBeat, the overall consensus among analysts includes sixteen ratings for “Buy,” eight for “Hold,” and one for “Sell,” resulting in an average rating of “Moderate Buy” with a target price of $169.52.

### Company Overview

Founded in 1990 as a joint venture among Acorn Computers, Apple, and VLSI Technology, ARM Holdings is headquartered in Cambridge, England. The company is recognized globally for its development of energy-efficient semiconductor intellectual property (IP). ARM specializes in designing processor architectures that are integral to a wide range of computing devices.

Operating under a licensing and royalty business model, ARM does not manufacture chips directly but instead licenses its technology to chipmakers. Its product offerings include CPU core families such as the Cortex and Neoverse lines, GPU and multimedia IP (Mali), and neural processing units (Ethos), as well as a suite of system and physical IP blocks.

In anticipation of the upcoming earnings report, the market will be closely monitoring ARM’s performance indicators, particularly in light of the mixed analyst sentiments and current trading metrics. The results could provide insight into ARM’s growth trajectory and strategic direction in the competitive semiconductor landscape.