ARM Holdings (ARM) Stock Surges 15% Following Cramer’s Endorsement and Record Earnings
Key Takeaways ARM Holdings stock hovers around $223, climbing approximately 15% in recent trading, nearing its 52-week peak of $239.50 with a market capitalization exceeding $235 billion. CNBC’s Jim Cramer tweeted “ARM what a horse” on X, revealing his charitable trust maintains a position and believes the stock remains undervalued. Fiscal 2026 results showed revenue reaching $4.92 billion, representing 23% year-over-year growth, while non-GAAP earnings per share touched a record $0.60 in Q4, exceeding analyst expectations. In March 2026, CEO Rene Haas introduced ARM’s inaugural chip, the AGI CPU, with projections of $15 billion in annual revenue by 2031, triggering a 16% single-day stock surge. Wall Street remains optimistic, with Sanford C. Bernstein establishing coverage at Outperform and a $300 target, despite ongoing antitrust scrutiny that could pose headwinds. When Jim Cramer took to X this week with a succinct message about ARM Holdings — “ARM what a horse” — the mark...