Arm Stock Rallies After Revenue Rises, Company Swings to Profit

Group 1 - Arm Holdings' shares rallied after initially dipping, reversing losses following the company's fiscal second-quarter earnings results [1][2] - The company reported a revenue increase of 5% year-over-year to $844 million and a net income of $107 million, compared to a loss of $110 million in the previous year [2] - The full-year revenue forecast of $3.8 billion to $4.1 billion was lower than analysts' expectations, leading to initial declines in share price [2] Group 2 - Barclays analysts raised their price target for Arm Holdings from $125 to $145, anticipating double-digit growth in 2025 due to client growth and price increases for Arm's v9 CPU designs [3] - The stock finished up approximately 4% and has more than doubled in value in 2024 [3]