NASDAQ:CYCypress Semiconductor Stock Price, Forecast & News

Cypress Semiconductor's stock was trading at $22.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CY shares have increased by 3.9% and is now trading at $23.82. View which stocks have been most 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, July 23rd 2020. View our earnings forecast for Cypress Semiconductor.

Cypress Semiconductor Co. (NASDAQ:CY) issued its quarterly earnings data on Thursday, January, 30th. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.01. The semiconductor company earned $559.57 million during the quarter, compared to analyst estimates 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 announced 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 annualized dividend and a yield of 1.85%. The ex-dividend date is Wednesday, March 25th. View Cypress Semiconductor's dividend history.

11 analysts have issued 1 year price objectives for Cypress Semiconductor's shares. Their forecasts range from $15.50 to $24.00. On average, they expect Cypress Semiconductor's stock price to reach $22.10 in the next twelve months. This suggests that the stock has a possible downside of 7.2%. View analysts' price targets for Cypress Semiconductor.

News stories about CY stock have trended extremely negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cypress Semiconductor earned a news impact score of -4.0 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutCypress Semiconductor.

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

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), Intelsat (I), Cisco Systems (CSCO), Alibaba Group (BABA), Fossil Group (FOSL) and Energy Transfer LP Unit (ET).

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 shareholders include Pentwater Capital Management LP (2.94%), State Street Corp (2.50%), Magnetar Financial LLC (1.91%), UBS Group AG (1.49%), Alpine Associates Management Inc. (1.41%) and York Capital Management Global Advisors LLC (1.22%). 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 Geode Capital Management LLC, PSquared Asset Management AG, CNH Partners LLC, Gabelli Funds LLC, TCW Group Inc., Grantham Mayo Van Otterloo & Co. LLC, Public Sector Pension Investment Board, and Wellington Management Group LLP. Company insiders that have sold Cypress Semiconductor company stock in the last year include Hassane El-Khoury, Sam Geha, Sudhir Gopalswamy, and Trent Thad. View insider buying and selling activity for Cypress Semiconductor.

CY stock was purchased by a variety of institutional investors in the last quarter, including York Capital Management Global Advisors LLC, Omni Partners LLP, Soros Fund Management LLC, Pentwater Capital Management LP, Maso Capital Partners Ltd, Segantii Capital Management Ltd, ING Groep NV, and Canada Pension Plan Investment Board. 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 $23.82.

Cypress Semiconductor has a market capitalization of $8.90 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.

The official website for Cypress Semiconductor is 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]