NASDAQ:CY - Cypress Semiconductor Stock Price, Forecast & News

Cypress Semiconductor's stock was trading at $22.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CY stock has increased by 0.9% and is now trading at $23.12. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cypress Semiconductor in the last year. There are currently 9 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cypress Semiconductor.

Cypress Semiconductor is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Cypress Semiconductor.

Cypress Semiconductor Co. (NASDAQ:CY) released its quarterly earnings data on Thursday, January, 30th. The semiconductor company reported $0.28 EPS for the quarter, missing analysts' consensus estimates of $0.29 by $0.01. The semiconductor company earned $559.57 million during the quarter, compared to the consensus estimate of $562.95 million. Cypress Semiconductor had a net margin of 1.83% and a return on equity of 15.83%. View Cypress Semiconductor's earnings history.

Cypress Semiconductor declared a quarterly dividend on Tuesday, February 18th. Stockholders of record on Thursday, March 26th will be given a dividend of $0.11 per share on Thursday, April 16th. This represents a $0.44 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date is Wednesday, March 25th. View Cypress Semiconductor's dividend history.

11 brokers have issued 12-month price objectives for Cypress Semiconductor's shares. Their forecasts range from $15.50 to $24.00. On average, they anticipate Cypress Semiconductor's stock price to reach $21.89 in the next twelve months. This suggests that the stock has a possible downside of 5.3%. View analysts' price targets for Cypress Semiconductor.

News headlines about CY stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cypress Semiconductor earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutCypress Semiconductor.

Cypress Semiconductor saw a decline in short interest in February. As of February 14th, there was short interest totaling 37,560,000 shares, a decline of 7.3% from the January 30th total of 40,510,000 shares. Based on an average trading volume of 4,510,000 shares, the days-to-cover ratio is currently 8.3 days. Approximately 10.2% of the company's stock are short sold. View Cypress Semiconductor's Current Options Chain.

Some companies that are related to Cypress Semiconductor include Intel (INTC), NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Silicon Laboratories (SLAB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cypress Semiconductor investors own include Micron Technology (MU), Bank of America (BAC), Advanced Micro Devices (AMD), Intel (INTC), NVIDIA (NVDA), Cisco Systems (CSCO), Intelsat (I), Alibaba Group (BABA), Netflix (NFLX) and Fossil Group (FOSL).

Cypress Semiconductor trades on the NASDAQ under the ticker symbol "CY."

Cypress Semiconductor's stock is owned by a variety of institutional and retail investors. Top institutional investors include Wealth Quarterback LLC (62.82%), State Street Corp (2.56%), Magnetar Financial LLC (2.06%), TIG Advisors LLC (1.82%), Goldman Sachs Group Inc. (1.74%) and CNH Partners LLC (1.48%). Company insiders that own Cypress Semiconductor stock include Camillo Martino, Hassane El-Khoury, Michael S Wishart, Oc Kwon, Sam Geha, Sudhir Gopalswamy and Trent Thad. View institutional ownership trends for Cypress Semiconductor.

CY stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., Robecosam AG, CNH Partners LLC, TIG Advisors LLC, Man Group plc, Los Angeles Capital Management & Equity Research Inc., Mutual of America Capital Management LLC, and W.E. Donoghue & Co. LLC. Company insiders that have sold Cypress Semiconductor company stock in the last year include Hassane El-Khoury, Oc Kwon, Sam Geha, Sudhir Gopalswamy, and Trent Thad. View insider buying and selling activity for Cypress Semiconductor.

CY stock was bought by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Norges Bank, Credit Suisse AG, MUFG Securities EMEA plc, Segantii Capital Management Ltd, Bank of Montreal Can, Syquant Capital Sas, and Public Sector Pension Investment Board. Company insiders that have bought Cypress Semiconductor stock in the last two years include Camillo Martino, and Hassane El-Khoury. View insider buying and selling activity for Cypress Semiconductor.

Shares of CY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CY stock can currently be purchased for approximately $23.12.

Cypress Semiconductor has a market capitalization of $8.64 billion and generates $2.21 billion in revenue each year. The semiconductor company earns $40.43 million in net income (profit) each year or $0.82 on an earnings per share basis. Cypress Semiconductor employs 5,871 workers across the globe. View additional information about Cypress Semiconductor.

The official website for Cypress Semiconductor is http://www.cypress.com/.

Cypress Semiconductor's mailing address is 198 CHAMPION COURT, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-943-2600 or via email at [email protected]