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Cirrus Logic (CRUS) Stock Price, News & Analysis

+0.73 (+0.65%)
(As of 05:26 PM ET)
Today's Range
50-Day Range
52-Week Range
413,400 shs
Average Volume
439,877 shs
Market Capitalization
$6.13 billion
P/E Ratio
Dividend Yield
Price Target

Cirrus Logic MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
4.9% Downside
$107.86 Price Target
Short Interest
1.42% of Float Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.35mentions of Cirrus Logic in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$731,192 Sold Last Quarter
Proj. Earnings Growth
From $4.73 to $5.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.20 out of 5 stars

Computer And Technology Sector

136th out of 590 stocks

Semiconductors & Related Devices Industry

25th out of 87 stocks

CRUS stock logo

About Cirrus Logic Stock (NASDAQ:CRUS)

Cirrus Logic, Inc., a fabless semiconductor company, develops low-power, high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with digital signal processing; boosted amplifiers; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation. Its audio products are used in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also provides high-performance mixed-signal products comprising camera controllers, haptic and sensing solutions, and battery and power ICs for use in legacy industrial and energy applications, such as digital utility meters, power supplies, energy control, energy measurement, and energy exploration. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.

CRUS Stock Price History

CRUS Stock News Headlines

Cirrus Logic (NASDAQ:CRUS) Shares Gap Down to $112.22
Cirrus Logic (NASDAQ:CRUS) Stock Rating Lowered by Benchmark
3 Breakout Stocks to Transform $5,000 Into $50,000
Jacobs Appoints Venk Nathamuni As CFO
Cirrus Logic CFO Venk Nathamuni Resigns
Cirrus Logic Announces CFO Transition
Cracking The Code: Understanding Analyst Reviews For Cirrus Logic Lowers Cirrus Logic (NASDAQ:CRUS) to Buy
Cirrus Logic Beats Wall Street Again And More
Why Cirrus Logic Stock Soared Today
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Semiconductors & related devices
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
7 Analysts


Net Income
$274.57 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.79 billion
Cash Flow
$8.49 per share
Book Value
$33.71 per share


Free Float
Market Cap
$6.11 billion

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CRUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cirrus Logic stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cirrus Logic in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CRUS shares.
View CRUS analyst ratings
or view top-rated stocks.

What is Cirrus Logic's stock price target for 2024?

7 equities research analysts have issued twelve-month price targets for Cirrus Logic's stock. Their CRUS share price targets range from $80.00 to $120.00. On average, they expect the company's share price to reach $107.86 in the next twelve months. This suggests that the stock has a possible downside of 4.9%.
View analysts price targets for CRUS
or view top-rated stocks among Wall Street analysts.

How have CRUS shares performed in 2024?

Cirrus Logic's stock was trading at $83.19 at the beginning of the year. Since then, CRUS shares have increased by 36.3% and is now trading at $113.40.
View the best growth stocks for 2024 here

When is Cirrus Logic's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our CRUS earnings forecast

How were Cirrus Logic's earnings last quarter?

Cirrus Logic, Inc. (NASDAQ:CRUS) announced its quarterly earnings results on Thursday, February, 2nd. The semiconductor company reported $2.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.99 by $0.41. The semiconductor company had revenue of $590.58 million for the quarter, compared to analysts' expectations of $543.55 million. Cirrus Logic had a net margin of 15.35% and a trailing twelve-month return on equity of 16.49%. The firm's revenue was up 7.7% on a year-over-year basis. During the same period last year, the company posted $2.28 earnings per share.

How will Cirrus Logic's stock buyback program work?

Cirrus Logic declared that its Board of Directors has approved a share buyback plan on Tuesday, August 2nd 2022, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its stock is undervalued.

What guidance has Cirrus Logic issued on next quarter's earnings?

Cirrus Logic issued an update on its first quarter 2025 earnings guidance on Wednesday, May, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $290.0 million-$350.0 million, compared to the consensus revenue estimate of $302.7 million.

What is John Forsyth's approval rating as Cirrus Logic's CEO?

25 employees have rated Cirrus Logic Chief Executive Officer John Forsyth on John Forsyth has an approval rating of 92% among the company's employees. This puts John Forsyth in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 85.0% of employees surveyed would recommend working at Cirrus Logic to a friend.

What other stocks do shareholders of Cirrus Logic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cirrus Logic investors own include Hawkins (HWKN), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), QUALCOMM (QCOM), Netflix (NFLX), Walt Disney (DIS), Skyworks Solutions (SWKS), Advanced Micro Devices (AMD) and Cisco Systems (CSCO).

Who are Cirrus Logic's major shareholders?

Cirrus Logic's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (11.81%), LSV Asset Management (2.61%), Earnest Partners LLC (2.45%), Sei Investments Co. (1.29%), Acadian Asset Management LLC (0.85%) and Jacobs Levy Equity Management Inc. (0.78%). Insiders that own company stock include Alan R Schuele, Alan R Schuele, Alexander M Davern, Allan Hughes, Andrew Brannan, Carl Jackson Alberty, Jeffrey W Baumgartner, Jodee Benson, John Forsyth, Justin E Dougherty, Scott Arnold Anderson, Scott Thomas, Thurman K Case, Timothy R Dehne and Venkatesh Nathamuni.
View institutional ownership trends

How do I buy shares of Cirrus Logic?

Shares of CRUS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Cirrus Logic have any subsidiaries?
The following companies are subsidiares of Cirrus Logic: Acoustic Technologies Inc, Acumos Incorporated, Apex Microtechnology, AudioLogic Inc., Caretta Integrated Circuits Inc, Cirrus Logic International (UK) Ltd., Cirrus Logic International Holdings Ltd., Cirrus Logic International Semiconductor Ltd., Cirrus Logic UK International Holding Co. Ltd., Crystal Semiconductor, Data Systems Technology Inc, LuxSonor Semiconductors Inc, Pacific Communication Sciences Inc, PicoPower Technology Inc, Pixel Semiconductor, R. Scott Associates Inc, ShareWave Inc, Stream Machine Company, and Wolfson Microelectronics.
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This page (NASDAQ:CRUS) was last updated on 5/21/2024 by Staff

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