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Arm Holdings vs Nordic Semiconductor A: Which Stock Looks Stronger in 2026?

Arm leads structurally, with profitability as the clearest single gap between the two profiles. Nordic Semiconductor ASA still has the edge on growth, which keeps the comparison from looking entirely one-sided. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (ARM: Nasdaq 100, NOD.OL: STOXX 600).

Updated 2026-07-05

The comparison is mainly decided in profitability, while growth remains the main counterforce.

INDUSTRY COMPARISON

Both operate in: Semiconductors

This comparison is based on industry proximity, not on functional trajectory similarity. ARM and NOD.OL share the same industry classification.

For a similarity-based comparison, see how Arm and Nordic Semiconductor ASA each position within their functional peer groups in AssetNext.

Peer-Relative Score
ARM
Arm Holdings plc
31
Peer-Score
Signal qualityHigh
Peer basis: Nasdaq 100
vs
NOD.OL
Nordic Semiconductor ASA
25
Peer-Score
Signal qualityHigh
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The clearest separation appears in profitability.

Dimension spread: ARM vs NOD.OL Profitability 44 0 Stability 42 47 Valuation 10 10 Growth 32 66 ARM NOD.OL
Gap Ranking
#1 Profitability +44
#2 Growth +34
#3 Stability +5
#4 Valuation
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ARM and NOD.OL Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ARMNOD.OL Relative valuation Structural strength

The setup stays mixed because structure and the price setup do not align cleanly in one direction.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Profitability
Profitability also leans toward Arm Holdings plc, reinforcing the broader structural lead.
Growth
On growth, Nordic Semiconductor ASA ranks near the top of the group; Arm Holdings plc sits in the weaker half.
Profitability — Dominant Gap
ARM
44
NOD.OL
0
Gap+44in favour of ARM

The profitability lead is mainly driven by a 24.3-point operating margin advantage.

What keeps the gap from being one-sided

Earnings growth also leans toward NOD.OL, which keeps the score lead from reading as a full growth sweep.

What this means for the comparison

Profitability gives Arm Holdings plc the clearer edge, even though growth and the price setup keep the overall picture from looking clean.

Explore full peer positioning in AssetNext

Break down the ARM vs NOD.OL comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how ARM and NOD.OL each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.