S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
New CBOE “special perk” helps traders target income every weekend (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
All the trading advice you’ve ever received boils down to this (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
New CBOE “special perk” helps traders target income every weekend (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
All the trading advice you’ve ever received boils down to this (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
New CBOE “special perk” helps traders target income every weekend (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
All the trading advice you’ve ever received boils down to this (Ad)
Lacking counselors, US schools turn to the booming business of online therapy
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
New CBOE “special perk” helps traders target income every weekend (Ad)
Chinese developer Evergrande risking liquidation if creditors veto its plan for handling huge debts
British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait
All the trading advice you’ve ever received boils down to this (Ad)
Kiss say farewell to live touring, become first US band to go virtual and become digital avatars
A man fatally stabbed 4 family members before police shot and killed him; 2 officers injured
All the trading advice you’ve ever received boils down to this (Ad)
Lacking counselors, US schools turn to the booming business of online therapy

Cirrus Logic Stock Price, News & Analysis (NASDAQ:CRUS)

$76.18
+0.27 (+0.36%)
(As of 12/1/2023 ET)
Compare
Today's Range
$75.30
$76.50
50-Day Range
$66.01
$76.98
52-Week Range
$65.02
$111.15
Volume
385,732 shs
Average Volume
479,344 shs
Market Capitalization
$4.11 billion
P/E Ratio
30.72
Dividend Yield
N/A
Price Target
$98.50

Cirrus Logic MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
29.3% Upside
$98.50 Price Target
Short Interest
Healthy
2.26% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.54
Upright™ Environmental Score
News Sentiment
0.53mentions of Cirrus Logic in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.02%
From $4.07 to $4.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Computer And Technology Sector

124th out of 593 stocks

Semiconductors & Related Devices Industry

26th out of 89 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

Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
StockNews.com Downgrades Cirrus Logic (NASDAQ:CRUS) to Hold
Cirrus Logic In 2024 And 2025 Continued
Trading Experts Call It “The Perfect Tesla Trade”
Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.
126,895
Cirrus Logic Inc. Q2 Profit Decreases, but beats estimates
Loop Capital Upgrades Cirrus Logic (CRUS)
Cirrus Logic, Inc. (CRU.F)
See More Headlines
Receive CRUS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cirrus Logic and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/02/2023
Today
12/03/2023
Next Earnings (Estimated)
2/01/2024
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:CRUS
CUSIP
17275510
Employees
1,702
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$98.50
High Stock Price Target
$110.00
Low Stock Price Target
$80.00
Potential Upside/Downside
+29.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
9 Analysts

Profitability

Net Income
$176.70 million
Pretax Margin
12.15%

Debt

Sales & Book Value

Annual Sales
$1.90 billion
Cash Flow
$8.27 per share
Book Value
$31.70 per share

Miscellaneous

Free Float
53,418,000
Market Cap
$4.11 billion
Optionable
Optionable
Beta
1.00

Social Links

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report














CRUS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cirrus Logic stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cirrus Logic in the last year. There are currently 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CRUS shares.
View CRUS analyst ratings
or view top-rated stocks.

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

9 brokers have issued 12-month price targets for Cirrus Logic's shares. Their CRUS share price targets range from $80.00 to $110.00. On average, they anticipate the company's share price to reach $98.50 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price.
View analysts price targets for CRUS
or view top-rated stocks among Wall Street analysts.

How have CRUS shares performed in 2023?

Cirrus Logic's stock was trading at $74.48 at the start of the year. Since then, CRUS stock has increased by 2.3% and is now trading at $76.18.
View the best growth stocks for 2023 here
.

When is Cirrus Logic's next earnings date?

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

How were Cirrus Logic's earnings last quarter?

Cirrus Logic, Inc. (NASDAQ:CRUS) posted its quarterly earnings results on Thursday, November, 2nd. The semiconductor company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.25 by $0.18. The semiconductor company had revenue of $481.06 million for the quarter, compared to the consensus estimate of $457.28 million. Cirrus Logic had a net margin of 7.99% and a trailing twelve-month return on equity of 15.11%.

How will Cirrus Logic's stock buyback program work?

Cirrus Logic declared that its board has initiated a stock buyback program on Tuesday, August 2nd 2022, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's leadership believes its shares are undervalued.

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

25 employees have rated Cirrus Logic Chief Executive Officer John Forsyth on Glassdoor.com. 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 many different institutional and retail investors. Top institutional shareholders include FMR LLC (14.01%), Mackenzie Financial Corp (4.48%), Wellington Management Group LLP (2.47%), LSV Asset Management (2.39%), Earnest Partners LLC (2.04%) and AQR Capital Management LLC (1.31%). 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 C Carter, John Forsyth, Justin E Dougherty, Scott Arnold Anderson, Scott Thomas, Thurman K Case and Timothy R Dehne.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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.
Read More
This page (NASDAQ:CRUS) was last updated on 12/3/2023 by MarketBeat.com Staff

My Account -