<p>Arm Holdings（納斯達克代碼：ARM）上週股價下跌了 18%。這一負面走勢可能受到關税緊張引發的更廣泛市場動盪的影響，因為以科技股為主的納斯達克指數跌入了熊市區域。儘管該公司最近探索收購 Alphawave IP Group，但 Arm 最終決定不繼續進行，這突顯了在如此動盪時期併購環境的挑戰。整體市場下跌了 9%，受到對潛在貿易戰經濟影響的廣泛擔憂的影響，進一步加重了半導體行業的情緒。</p>
<p>買入、持有還是賣出 Arm Holdings？查看我們的完整分析和公允價值估計，然後由你來決定。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/f359a8f5-684b-4f4d-bb33-f655632655be/chart/revenue-and-expenses-breakdown?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/f359a8f5-684b-4f4d-bb33-f655632655be/chart/revenue-and-expenses-breakdown"/></p>
<p>截至 2025 年 4 月的納斯達克代碼：ARM 收入與支出明細</p>
<p>最新的 GPU 需要一種叫做鏑的稀土金屬，而全球只有 19 家公司在探索或生產這種金屬。免費獲取名單。</p>
<p>Arm Holdings 股價下跌 18% 的最新消息，在更廣泛的市場對關税緊張和潛在貿易戰的擔憂中，引入了對公司增長敍事的不確定性。這種外部市場干擾對半導體行業產生了重大影響，可能會對 Arm 雄心勃勃的擴張計劃和來自其 AI 及數據中心部門的預期收入增長造成壓力。在這些市場條件下，Arm 決定停止收購 Alphawave IP Group 的決定，可能反映了在動盪時期併購領域的普遍猶豫。</p>
<p>在過去一年中，Arm 的總股東回報，包括股價變動和股息，下降了 29.73%。與同期科技股重挫和美國半導體行業 10.7% 的下降相比，Arm 的表現不佳，突顯了公司特有的挑戰以及行業整體壓力。此外，與美國市場整體 3.4% 的下跌相比，Arm 的表現顯著低於市場。</p>
<p>最近的市場發展可能會顯著影響分析師的收入和盈利預測，使得實現未來幾年年均 22.5% 的預期收入增長率充滿疑問。Arm 當前的股價為 106.98 美元，相較於分析師共識目標價 157.68 美元，折價 32.2%。然而，不確定的經濟背景可能會影響投資者信心以及到 2028 年 4 月實現 23 億美元預期盈利的可能性。</p>
<p>根據我們最近的估值報告，Arm Holdings 似乎交易價格超出了其估計價值。</p>
<p><em>這篇文章由 Simply Wall St 撰寫，性質為一般性。<strong>我們僅基於歷史數據和分析師預測提供評論，採用無偏見的方法，我們的文章並不構成財務建議。</strong> 它不構成買入或賣出任何股票的推薦，也未考慮您的目標或財務狀況。我們旨在為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>
<p>如果您想交易 Arm Holdings，請在專業人士信賴的最低成本平台 Interactive Brokers 開設賬户。</p>
<p>IBKR 在 200 多個國家和地區擁有客户，並可訪問 160 個市場，讓您可以通過一個集成賬户交易股票、期權、期貨、外匯、債券和基金。</p>
<p>享受無隱藏費用、無賬户最低限額，外匯轉換率低至 0.03%，遠低於大多數經紀商提供的費用。</p>
<p>贊助內容</p>

<p>Arm Holdings（納斯達克代碼：ARM）上週股價下跌了 18%，受到關税緊張局勢和更廣泛的 9% 市場下跌的影響。該公司決定不收購 Alphawave IP Group，反映出併購環境中的挑戰。在過去一年中，Arm 的總股東回報下降了 29.73%，表現不及科技指數。目前股價為 106.98 美元，低於分析師目標價 157.68 美元的 32.2%，在經濟不確定性中引發了對未來收入增長的擔憂</p>

<p>Arm Holdings (NasdaqGS:ARM) experienced an 18% decline in its share price last week. This negative movement was likely influenced by the broader market turmoil caused by tariff tensions, as tech-heavy indexes such as Nasdaq plummeted into bear market territory. Despite the company's recent exploration of an acquisition of Alphawave IP Group, Arm ultimately decided not to proceed, underscoring the challenging environment for mergers and acquisitions during such volatile periods. The overall market fell by 9%, impacted by widespread concerns over the economic implications of a potential trade war, further weighing on sentiment across the semiconductor sector.</p>
<div class="lb-trans"><p>Arm Holdings（納斯達克代碼：ARM）上週股價下跌了 18%。這一負面走勢可能受到關税緊張引發的更廣泛市場動盪的影響，因為以科技股為主的納斯達克指數跌入了熊市區域。儘管該公司最近探索收購 Alphawave IP Group，但 Arm 最終決定不繼續進行，這突顯了在如此動盪時期併購環境的挑戰。整體市場下跌了 9%，受到對潛在貿易戰經濟影響的廣泛擔憂的影響，進一步加重了半導體行業的情緒。</p>
</div><p>Buy, Hold or Sell Arm Holdings? View our complete analysis and fair value estimate and you decide.</p>
<div class="lb-trans"><p>買入、持有還是賣出 Arm Holdings？查看我們的完整分析和公允價值估計，然後由你來決定。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/f359a8f5-684b-4f4d-bb33-f655632655be/chart/revenue-and-expenses-breakdown" alt="" original-src="https://images.simplywall.st/company/f359a8f5-684b-4f4d-bb33-f655632655be/chart/revenue-and-expenses-breakdown"/></p>
<p>NasdaqGS:ARM Revenue &amp; Expenses Breakdown as at Apr 2025</p>
<div class="lb-trans"><p>截至 2025 年 4 月的納斯達克代碼：ARM 收入與支出明細</p>
</div><p>The latest GPUs need a type of rare earth metal called Dysprosium and there are only 19 companies in the world exploring or producing it. Find the list for free.</p>
<div class="lb-trans"><p>最新的 GPU 需要一種叫做鏑的稀土金屬，而全球只有 19 家公司在探索或生產這種金屬。免費獲取名單。</p>
</div><p>The recent news of Arm Holdings’ share price falling by 18%, amid broader market concerns over tariff tensions and potential trade wars, has introduced uncertainties into the company's growth narrative. This external market disruption, impacting the semiconductor sector substantially, could strain Arm's ambitious expansion plans and the predicted revenue upticks from its AI and data center segments. Amid these market conditions, Arm's decision to stop pursuing an acquisition of Alphawave IP Group may reflect the broader hesitation in the M&amp;A landscape during periods of volatility.</p>
<div class="lb-trans"><p>Arm Holdings 股價下跌 18% 的最新消息，在更廣泛的市場對關税緊張和潛在貿易戰的擔憂中，引入了對公司增長敍事的不確定性。這種外部市場干擾對半導體行業產生了重大影響，可能會對 Arm 雄心勃勃的擴張計劃和來自其 AI 及數據中心部門的預期收入增長造成壓力。在這些市場條件下，Arm 決定停止收購 Alphawave IP Group 的決定，可能反映了在動盪時期併購領域的普遍猶豫。</p>
</div><p>Over the past year, Arm's total shareholder return, including share price movement and dividends, reached a decline of 29.73%. Compared to the dip in tech-heavy indices and the US semiconductor industry’s 10.7% decrease over the same period, Arm has underperformed, highlighting the firm-specific challenges alongside sector-wide pressures. Furthermore, in comparison to the overall US market's 3.4% drop during the year, Arm's performance remains significantly lower.</p>
<div class="lb-trans"><p>在過去一年中，Arm 的總股東回報，包括股價變動和股息，下降了 29.73%。與同期科技股重挫和美國半導體行業 10.7% 的下降相比，Arm 的表現不佳，突顯了公司特有的挑戰以及行業整體壓力。此外，與美國市場整體 3.4% 的下跌相比，Arm 的表現顯著低於市場。</p>
</div><p>The recent market developments may influence analyst revenue and earnings forecasts significantly, casting doubt on meeting the anticipated revenue growth rate of 22.5% annually over the next few years. Arm's current share price of US$106.98 illustrates a 32.2% discount compared to the consensus analyst price target of US$157.68. However, the uncertain economic backdrop could affect investor confidence and realization of the projected earnings of $2.3 billion by April 2028.</p>
<div class="lb-trans"><p>最近的市場發展可能會顯著影響分析師的收入和盈利預測，使得實現未來幾年年均 22.5% 的預期收入增長率充滿疑問。Arm 當前的股價為 106.98 美元，相較於分析師共識目標價 157.68 美元，折價 32.2%。然而，不確定的經濟背景可能會影響投資者信心以及到 2028 年 4 月實現 23 億美元預期盈利的可能性。</p>
</div><p>In light of our recent valuation report, it seems possible that Arm Holdings is trading beyond its estimated value.</p>
<div class="lb-trans"><p>根據我們最近的估值報告，Arm Holdings 似乎交易價格超出了其估計價值。</p>
</div><p><em>This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.</em></p>
<div class="lb-trans"><p><em>這篇文章由 Simply Wall St 撰寫，性質為一般性。<strong>我們僅基於歷史數據和分析師預測提供評論，採用無偏見的方法，我們的文章並不構成財務建議。</strong> 它不構成買入或賣出任何股票的推薦，也未考慮您的目標或財務狀況。我們旨在為您提供以基本數據驅動的長期分析。請注意，我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St 在提到的任何股票中沒有持倉。</em></p>
</div><p>If you're looking to trade Arm Holdings, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.</p>
<div class="lb-trans"><p>如果您想交易 Arm Holdings，請在專業人士信賴的最低成本平台 Interactive Brokers 開設賬户。</p>
</div><p>With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.</p>
<div class="lb-trans"><p>IBKR 在 200 多個國家和地區擁有客户，並可訪問 160 個市場，讓您可以通過一個集成賬户交易股票、期權、期貨、外匯、債券和基金。</p>
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<div class="lb-trans"><p>享受無隱藏費用、無賬户最低限額，外匯轉換率低至 0.03%，遠低於大多數經紀商提供的費用。</p>
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<div class="lb-trans"><p>贊助內容</p>
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Arm Holdings (NasdaqGS:ARM) Declines 18% Amid Acquisition Decision

- Arm Holdings 股價上週下跌 18%，受市場動盪影響。  
- 公司放棄收購 Alphawave IP Group，反映併購環境挑戰。  
- Arm 過去一年股東回報下降 29.73%，低於行業平均水平。  

由於收購決定，Arm Holdings（納斯達克股票代碼：ARM）下跌了 18%