ARM
Arm Holdings plc

Arm Holdings plcARM

Technology · Semiconductors
174.62USD
+4.74%
Nov 08, 2026
ARM overview ready
Licensing CPU and GPU IP to semiconductor companies enabling energy-efficient computing
Arm Holdings plc designs and licenses CPU, GPU, and system intellectual property to semiconductor companies and device manufacturers, enabling them to build chips and computing platforms.
Primary theme is lagging
AI Compute Semiconductors is lagging (-28.0pp vs SPY over 21 sessions; 0 of 6 members ahead of SPY).
Price trend is broken
Longer-term context reads new trend, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Demanding valuation
The price embeds expectations that run ahead of what comparable businesses command.
Fundamentals under pressure
Free cash flow yield is weak.
Market Nov 6Price action Nov 7Research Jul 16

Conviction Level

PriceAction3.4BusinessPerformance—BusinessQuality—Valuation0.3ThemeMomentum1.0Business Performance not yet available.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
−28.0pp
Theme return
−33.0%
Beating SPY
0 of 6
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads new trend, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$186.8B
Avg Volume (60D)
5.7M
60 sessions
Revenue Growth YoY
+23.8%
Trailing twelve months
Gross Margin
+97.4%
Operating Margin
+17.0%
Trailing twelve months
Free Cash Flow Yield
+0.6%
Distance from 200DMA
-24.4%
Next Earnings
2027-02-03
P/E
200.7x
EV / EBITDA
163.0x
EV / Sales
33.7x
Market metrics as of Nov 7, 2026

Business Performance

Business Quality

Not assessed

Not assessed — the company files under a regime the financial record does not cover yet.

Fundamentals & Valuation

Both valuation perspectives agree this company is expensive.
Arm Holdings plc has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command. It trades at a 0.6% free-cash-flow yield and 204.0x EBITDA, which require sustained delivery to be justified.

Company Research

Research coverage for this company is in progress.

Economic classification

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Business & Markets

Technology · Semiconductors
What they do

Arm Holdings plc designs and licenses CPU, GPU, and system intellectual property to semiconductor companies and device manufacturers, enabling them to build chips and computing platforms.

How it earns

The company generates revenue primarily through licensing fees and royalties based on the use of its IP in customer products.

Products & services
CPU intellectual property
GPU intellectual property
Neural processing unit accelerators
System IP including interconnects
Compute subsystems
Development tools and software
Customers & end markets
Semiconductor companies
Original equipment manufacturers (OEMs)
Cloud service providers (CSPs)
Market position

Market leader in CPU and GPU IP licensing with broad adoption across semiconductor and device manufacturers.

Demand drivers
Medium cyclicality

Demand for semiconductor IP is influenced by end-market technology cycles and capital expenditure trends in chip manufacturing.