--- title: "What Is Going on With Arm Holdings Stock on Tuesday?" type: "News" locale: "en" url: "https://longbridge.com/en/news/294097940.md" description: "Arm Holdings stock fell over 9% on Tuesday, driven by AI trade jitters and concerns regarding hyperscaler spending and crowded positioning. This selloff coincided with declines in SK hynix and Micron. Technically, ARM is below its 20-day and 50-day SMAs but remains above the 200-day SMA. The company reports earnings on July 29, 2026, with analysts maintaining a Buy consensus despite premium valuation." datetime: "2026-07-28T17:22:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294097940.md) - [en](https://longbridge.com/en/news/294097940.md) - [zh-HK](https://longbridge.com/zh-HK/news/294097940.md) --- # What Is Going on With Arm Holdings Stock on Tuesday? **Arm Holdings plc** (NASDAQ:ARM) stock lost as much as 9% on Tuesday as the AI-chip supply chain is back in focus. Hyperscaler spending weighs concerns, and "crowded positioning" is pressuring high-multiple names even while the S&P 500 futures are up 0.34% and the NASDAQ futures are down 0.76%. A fresh bout of caution around the AI memory trade is weighing on sentiment after **SK hynix Inc** (NASDAQ:SKHY) and **Micron Technology, Inc** (NASDAQ:MU) stocks fell by 8%-9%, with investors debating whether memory makers are capturing too much of the AI supply-chain economics and whether hyperscalers keep raising capital spending. The AI industry extends its losses amid a selloff in South Korean markets, spurred by concerns about AI infrastructure and Chinese competition. ## Technical Analysis From a trend perspective, ARM is trading 16.3% below its 20-day SMA ($293.32) and 24.1% below its 50-day SMA ($323.51), which tells you the intermediate trend has been under pressure. At the same time, it’s still 30.1% above its 200-day SMA ($188.84) and just 0.4% above its 100-day SMA ($244.77), so the longer-term uptrend hasn’t fully broken—but it’s now leaning on a key "line in the sand" area. ## Earnings & Analyst Outlook The countdown is on: Arm Holdings plc American Depositary Shares is set to report earnings 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 313.3x (Indicates premium valuation relative to peers) **Analyst Consensus & Recent Actions:** The stock carries a Buy rating with an average price forecast of $306.74 (high target $500.00, low target $140.00) across 50 analysts. Recent analyst moves include: - **Wells Fargo**: Overweight (Lowers Forecast to $350.00) (July 22) - **Susquehanna**: Positive (Raises Forecast to $320.00) (July 21) - **UBS**: Buy (Lowers Forecast to $360.00) (July 20) ## Top ETF Exposure - **First Trust NASDAQ-100-Technology Sector Index Fund** (NASDAQ:QTEC): 4.57% Weight - **First Trust Nasdaq-100 Select Equal Weight ETF** (NASDAQ:QQEW): 5.06% Weight - **VanEck Fabless Semiconductor ETF** (NASDAQ:SMHX): 5.92% Weight **Significance:** Because ARM carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock. **ARM Price Action:** ARM Holdings shares were down 7.41% at $246.60 at the time of publication on Tuesday, according to Benzinga Pro data. _Photo via Shutterstock_ **Read Next:** - Why Is Micron Technology Stock Falling Tuesday? - Sandisk Stock Extends Losses As AI Memory Trade Unravels ### Related Stocks - [MU.US](https://longbridge.com/en/quote/MU.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [ARM.US](https://longbridge.com/en/quote/ARM.US.md) - [ARMG.US](https://longbridge.com/en/quote/ARMG.US.md) - [MUD.US](https://longbridge.com/en/quote/MUD.US.md) - [ARMU.US](https://longbridge.com/en/quote/ARMU.US.md) - [MUU.US](https://longbridge.com/en/quote/MUU.US.md) - [ARMW.US](https://longbridge.com/en/quote/ARMW.US.md) - [MULL.US](https://longbridge.com/en/quote/MULL.US.md) - [MUYY.US](https://longbridge.com/en/quote/MUYY.US.md) - [MUZ.US](https://longbridge.com/en/quote/MUZ.US.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [WFC.US](https://longbridge.com/en/quote/WFC.US.md) - [UBS.US](https://longbridge.com/en/quote/UBS.US.md) - [QTEC.US](https://longbridge.com/en/quote/QTEC.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [SMHX.US](https://longbridge.com/en/quote/SMHX.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) - [WFC-D.US](https://longbridge.com/en/quote/WFC-D.US.md) - [WFC-L.US](https://longbridge.com/en/quote/WFC-L.US.md) - [WFC-Y.US](https://longbridge.com/en/quote/WFC-Y.US.md) - [WFC-C.US](https://longbridge.com/en/quote/WFC-C.US.md) - [WFC-Z.US](https://longbridge.com/en/quote/WFC-Z.US.md) - [WFC-A.US](https://longbridge.com/en/quote/WFC-A.US.md) ## Related News & Research - [Arm Holdings' Next Earnings Report on July 29 Could Send the Stock Soaring. 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