Arm Holdings Plc (NASDAQ:ARM) stock jumped more than 11% Thursday as investors bought the dip, and chip and AI-linked stocks gained strength across the market.Arm Rallies With AI Chip ReboundThe rally came as the Nasdaq gained 1.49% and the S&P 500 rose 0.68%, reinforcing the stronger tone across technology stocks.Technical AnalysisARM is still in a long-term uptrend, trading 84.3% above its 200-day SMA ($180.46) and 47.7% above its 100-day SMA ($225.16), which keeps the bigger-picture trend firmly pointed higher. The golden cross that formed in April (50-day SMA moving above the 200-day SMA) remains a bullish structural signal for longer-term trend followers.Earnings & Analyst OutlookFollowing last quarter’s results, investors are now tracking the path toward the next reporting date on July 29, 2026 (confirmed).
EPS Estimate: 36 cents (Up from 35 cents YoY)
Revenue Estimate: $1.27 Billion (Up from $1.05 Billion YoY)
Valuation: P/E of 353.2x (Indicates premium valuation)
Analyst Consensus & Recent Actions: The stock carries a Buy rating with an average price forecast of $274.90. Recent analyst moves include:
