Arm Holdings (ARM) Soars 41% as Analyst Turns Bullish on CPU Market

Arm Holdings PLC (NASDAQ:ARM) is one of the 10 Stocks With Double-, Triple-Digit Returns.

Arm Holdings soared by 40.8 percent week-on-week, as investors increased their positions thanks to an investment firm’s bullish outlook for the broader CPU market.

In Friday’s session alone, shares of Arm Holdings PLC (NASDAQ:ARM) climbed by 14.76 percent to close at $234.81 apiece, after DA Davidson posted optimism for the CPU market, thanks to stronger-than-expected results from Intel Corp., which signaled that the industry is reaccelerating.

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Another competitor, Advanced Micro Devices Inc., also surged following the news.

DA Davidson said that the CPU market “reinserting itself as an indispensable foundation of the AI era,” as workloads now shift to agentic AI, which could spark demand growth for the CPU players.

In other news, Arm Holdings plc (NASDAQ:ARM) said that it is scheduled to release the results of its earnings performance for the fourth quarter of fiscal year 2026 after market close on Wednesday, May 6. A conference call will be held to elaborate on the results.

For the period, Arm Holdings plc (NASDAQ:ARM) is targeting a revenue growth of 18.45 percent to $1.47 billion, plus or minus $50 million, versus the $1.24 billion in the same period last year.

Meanwhile, non-GAAP fully diluted earnings per share are pegged at $0.58, plus or minus $0.04, or an implied growth of 5.45 percent from the $0.55 year-on-year.

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