Cirrus Logic (NASDAQ:CRUS) Stock

Cirrus Logic

Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and HPMS Products. These products include aAmplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters and standalone digital signal processors, Camera controllers, haptics and sensing solutions, and battery and power ICs. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.

Cirrus Logic Inc

Crust Network

Barclays analyst Tom O'Malley maintains Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) with a Equal-Weight and lowers the price target from $115 to $80.

News

Price Target

Analyst Ratings

CRUS

Barclays Maintains Equal-Weight on Cirrus Logic, Lowers Price Target to $80

Analysts' ratings for Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) over the last quarter vary from bullish to bearish, as provided by 4 analysts.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $119.25, a high estimate of $125.00, and a low estimate of $112.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 3.64%. 
<img src="https://www.benzinga.com/files/images/story/2025/1744898453_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
The standing of Cirrus Logic among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Tore Svanberg &#x7C;Stifel &#x7C;Lowers &#x7C;Buy &#x7C; $112.00&#x7C;$140.00 &#x7C; 
&#x7C;David Williams &#x7C;Benchmark &#x7C;Maintains &#x7C;Buy &#x7C; $125.00&#x7C;$125.00 &#x7C; 
&#x7C;David Williams &#x7C;Benchmark &#x7C;Maintains &#x7C;Buy &#x7C; $125.00&#x7C;$125.00 &#x7C; 
&#x7C;Tom O'Malley &#x7C;Barclays &#x7C;Raises &#x7C;Equal-Weight &#x7C; $115.00&#x7C;$105.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Cirrus Logic. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Cirrus Logic compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Cirrus Logic's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/CRUS/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Cirrus Logic analyst ratings.</a>
<h2>Unveiling the Story Behind Cirrus Logic</h2>
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and HPMS Products. These products include aAmplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters and standalone digital signal processors, Camera controllers, haptics and sensing solutions, and battery and power ICs. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.
<h3>Financial Insights: Cirrus Logic</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Decline in Revenue: Over the 3M period, Cirrus Logic faced challenges, resulting in a decline of approximately -10.22% in revenue growth as of 31 December, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Cirrus Logic's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 20.87% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Cirrus Logic's ROE stands out, surpassing industry averages. With an impressive ROE of 5.96%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 4.92%, the company showcases effective utilization of assets.
Debt Management: With a below-average debt-to-equity ratio of 0.07, Cirrus Logic adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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What Analysts Are Saying About Cirrus Logic Stock

Stifel analyst Tore Svanberg maintains Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) with a Buy and lowers the price target from $140 to $112.

Stifel Maintains Buy on Cirrus Logic, Lowers Price Target to $112

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Shares of companies within the broader tech sector are trading lower amid an overall market reversal on US-China trade tensions.

Benchmark analyst David Williams reiterates Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) with a Buy and maintains $125 price target.

Reiteration

Benchmark Reiterates Buy on Cirrus Logic, Maintains $125 Price Target

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Shares of semiconductor companies are trading higher amid ongoing volatility, possibly related to tariff delays.

<img alt="Cirrus Logic semiconductors" class="article-image-one" src="https://www.marketbeat.com/logos/articles/med_20250205135623_cirrus-logic-upgraded-after-q3-earnings-beatmore-g.png" style="height:488px; width:1200px" />
Mid-cap fabless <a href="https://www.marketbeat.com/compare-stocks/semiconductor-stocks/">semiconductor</a> company&nbsp;<a href="https://www.marketbeat.com/stocks/NASDAQ/CRUS/">Cirrus Logic, Inc. (NASDAQ: </a><a class="ticker" href="https://www.benzinga.com/stock/crus#NASDAQ">CRUS</a>) saw its stock climb nearly 7% on Wednesday following an impressive <a href="https://www.marketbeat.com/stocks/NASDAQ/CRUS/earnings/">earnings beat</a> reported in the after-hours on Tuesday. The strong results prompted multiple analyst upgrades, including one from Benchmark, which cited a solid Q3 performance and a promising outlook. After a steep decline from its 52-week highs, Cirrus Logic appears to be regaining momentum, raising the question, does this mark an opportune time to invest?
<h2>Getting to Know Cirrus Logic</h2>
Cirrus Logic, Inc. develops low-power, high-precision mixed-signal processing solutions for markets in China, the United States, and internationally. The company specializes in audio products, including amplifiers and codecs that integrate analog-to-digital and digital-to-analog converters into a single integrated circuit.
The company&#39;s innovations serve a wide range of applications, including smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. Beyond audio, the <a href="https://www.marketbeat.com/stocks/sectors/computer-and-technology/">technology</a> company offers high-performance mixed-signal products such as camera controllers, haptic and sensing solutions, and battery and power ICs, catering to both consumer electronics and industrial applications. Founded in 1984 in Austin, Texas, Cirrus Logic, headquartered in Austin, markets its products through direct sales, external representatives, and distributors.
<h2>CRUS Posted an Impressive Earnings Beat</h2>
The company&#39;s <a href="https://www.marketbeat.com/stocks/NASDAQ/CRUS/news/">latest earnings release</a> revealed strong financial performance. Revenue for Q3 was $555.7 million, surpassing analyst expectations of $510 million and exceeding the upper end of the company&#39;s guidance of $540 million. Non-GAAP earnings per share stood at $2.51, well above the consensus estimate of $2.04.&nbsp;
While revenue declined from the $619 million reported in Q3 the previous year, gross margins improved to 53.6% from 51.4%, reflecting operational efficiency gains. Demand for Cirrus Logic&#39;s smartphone audio components, particularly the custom boosted amplifier and 22-nanometer smart codec, played a crucial role in the quarter&#39;s performance. Additionally, the company&#39;s inclusion in Intel&#39;s Arrow Lake design for laptops signals progress in diversifying beyond mobile devices.
<h2>CRUS Remains Heavily Reliant on Apple</h2>
Despite these positives, Cirrus Logic relies heavily on <a href="https://www.marketbeat.com/stocks/NASDAQ/AAPL/">Apple</a>, which accounts for 87% of its sales. Any shift in Apple&#39;s procurement strategy could pose a significant revenue risk. The company also faces challenges tied to its fabless semiconductor model, including supply chain vulnerabilities. However, its expansion efforts in high-performance mixed-signal (HPMS) solutions could help mitigate such risks over time. Inventory levels rose to $271.8 million, largely due to wafer contract commitments, highlighting a key area of operational focus moving forward.
<h2>Management Is Optimistic About Q4&nbsp;</h2>
Looking ahead, Cirrus Logic&#39;s management remains <a href="https://www.marketbeat.com/stocks/NASDAQ/AAPL/news/">cautiously optimistic</a> about Q4 FY25, forecasting revenue between $350 million and $410 million, in line with seasonal trends. Gross margins are expected to remain within the 51%-53% range, while operating expenses are projected between $141 million and $147 million, including $20 million in stock-based compensation.
<h2>Benchmark and Barclays Upgrade CRUS&nbsp;</h2>
The earnings beat and improving outlook have led to <a href="https://www.marketbeat.com/stocks/NASDAQ/AAPL/forecast/">favorable analyst sentiment</a>.
Benchmark upgraded CRUS from Hold to Buy with a $125 price target, citing the company&#39;s strong quarter and progress in customer and end-market diversification.&nbsp;
Barclays also raised its price target from $105 to $115, reinforcing a positive outlook for the stock.
Seven analysts currently rate CRUS a Moderate Buy, and the consensus price target is $134.17, representing a potential 24.13% upside from current levels.
<h2>Cirrus Logic Shows Resilience with Strong Earnings Performance</h2>
With its latest earnings signaling resilience and ongoing efforts to diversify beyond its key customer, Cirrus Logic is regaining investor confidence. However, risks tied to customer concentration and supply chain management remain factors to consider. As the company navigates these challenges while expanding into new markets, investors will be watching closely to see whether CRUS can sustain its recent momentum.
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The article &quot;<a href="https://www.marketbeat.com/originals/cirrus-logic-upgraded-after-q3-earnings-beatmore-gains-ahead/">Cirrus Logic Upgraded After Q3 Earnings Beat&mdash;More Gains Ahead?</a>&quot; first appeared on MarketBeat.

Upgrades

Tech

Cirrus Logic Upgraded After Q3 Earnings Beat—More Gains Ahead?

<h3>Gainers</h3>
<ul>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) shares rose 30.8% to $0.09 during Wednesday's pre-market session. The company's market cap stands at $1.9 million. </li>
<li>Aviat Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVNW#NASDAQ">AVNW</a>) stock increased by 19.22% to $24.5. The market value of their outstanding shares is at $310.9 million. The company's, Q2 earnings came out yesterday. </li>
<li>BigBear.ai Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) stock increased by 11.4% to $5.47. The company's market cap stands at $1.3 billion. </li>
<li>CDW (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDW#NASDAQ">CDW</a>) shares increased by 10.8% to $220.87. The market value of their outstanding shares is at $29.4 billion. As per the news, the Q4 earnings report came out today. </li>
<li>Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) stock moved upwards by 9.47% to $111.0. The company's market cap stands at $5.8 billion. The company's, Q3 earnings came out yesterday. </li>
<li>Nvni Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNI#NASDAQ">NVNI</a>) stock increased by 8.36% to $6.22. The market value of their outstanding shares is at $225.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Cohu (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COHU#NASDAQ">COHU</a>) stock declined by 12.1% to $20.12 during Wednesday's pre-market session. The company's market cap stands at $937.8 million. </li>
<li>Intapp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTA#NASDAQ">INTA</a>) shares decreased by 11.43% to $65.11. The market value of their outstanding shares is at $5.0 billion. As per the press release, Q2 earnings came out yesterday. </li>
<li>Advanced Micro Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) stock declined by 9.93% to $107.64. The market value of their outstanding shares is at $174.6 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>A10 Networks (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ATEN#NYSE">ATEN</a>) stock decreased by 8.44% to $18.57. The market value of their outstanding shares is at $1.3 billion. As per the press release, Q4 earnings came out yesterday. </li>
<li>Vislink Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VISL#NASDAQ">VISL</a>) shares declined by 7.97% to $2.31. The company's market cap stands at $5.6 million. </li>
<li>Fair Isaac (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>) stock declined by 7.36% to $1676.62. The company's market cap stands at $40.9 billion. As per the news, the Q1 earnings report came out yesterday. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Wednesday's Pre-Market Session

Benchmark analyst David Williams upgrades Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) from Hold to Buy and maintains the price target from $125 to $125.

Benchmark Upgrades Cirrus Logic to Buy, Maintains Price Target to $125

Barclays analyst Tom O'Malley maintains Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) with a Equal-Weight and raises the price target from $105 to $115.

Barclays Maintains Equal-Weight on Cirrus Logic, Raises Price Target to $115

Cirrus Logic shares are trading higher after the company reported better-than-expected Q3 financial results and issued Q4 revenue guidance with its midpoint above estimates.

Cirrus Logic shares are trading hgiher after the company reported better-than-expected Q3 financial results and issued Q4 revenue guidance with its midpoint above estimates.

Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) released its Q3 earnings on Tuesday, February 4, 2025 at 04:00 PM.
Here's what's important from the earnings announcement.
<h3>Earnings</h3>
Cirrus Logic beat estimated earnings by 23.0%, reporting an EPS of $2.51 versus an estimate of $2.04.
Revenue was down $63.25 million from the same period last year.
<h3>Overview of Past Earnings</h3>
In the previous quarter, the company beat on EPS by $0.23, resulting in a 7.000000000000001% drop change in the share price the following day.
Here's a look at Cirrus Logic's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2025</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.02</td>
<td>0.61</td>
<td>0.64</td>
<td>2.01</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.25</td>
<td>1.12</td>
<td>1.24</td>
<td>2.89</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>520.48M</td>
<td>317.82M</td>
<td>316.98M</td>
<td>540.06M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>541.86M</td>
<td>374.03M</td>
<td>371.83M</td>
<td>618.98M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Cirrus Logic <a href="https://www.benzinga.com/quote/CRUS/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings

Earnings Breakdown: Cirrus Logic Q3

The earnings results for Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) for Q3 were made public on Tuesday, February 4, 2025 at 04:00 PM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
Cirrus Logic beat estimated earnings by 23.0%, reporting an EPS of $2.51 versus an estimate of $2.04.
Revenue was down $63.25 million from the same period last year.
<h3>Performance in Previous Earnings</h3>
In the previous quarter, the company beat on EPS by $0.23, resulting in a 7.000000000000001% drop change in the share price the following day.
Here's a look at Cirrus Logic's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2025</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>2.02</td>
<td>0.61</td>
<td>0.64</td>
<td>2.01</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>2.25</td>
<td>1.12</td>
<td>1.24</td>
<td>2.89</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>520.48M</td>
<td>317.82M</td>
<td>316.98M</td>
<td>540.06M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>541.86M</td>
<td>374.03M</td>
<td>371.83M</td>
<td>618.98M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Cirrus Logic <a href="https://www.benzinga.com/quote/CRUS/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Summary: Cirrus Logic Q3

Business Outlook – Fourth Quarter FY25
<ul>
<li>Revenue is expected to range between $350 million and $410 million;</li>
<li>GAAP gross margin is forecasted to be between 51 percent and 53 percent; and</li>
<li>Combined GAAP R&amp;D and SG&amp;A expenses are anticipated to range between $141 million and $147 million, including approximately $20 million in stock-based compensation expense and $2 million in amortization of acquired intangibles, resulting in a non-GAAP operating expense range between $119 million and $125 million.</li>
</ul>

Guidance

Cirrus Logic Sees Q4 2025 Revenue $350M-$410M Vs $359.87M Estimate

Cirrus Logic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRUS#NASDAQ">CRUS</a>) reported quarterly earnings of $2.51 per share which beat the analyst consensus estimate of $2.12 by 18.4 percent. This is a 13.15 percent decrease over earnings of $2.89 per share from the same period last year. The company reported quarterly sales of $555.70 million which beat the analyst consensus estimate of $510.31 million by 8.89 percent. This is a 10.22 percent decrease over sales of $618.98 million the same period last year.

Earnings Beats

Cirrus Logic Q3 2025 Adj EPS $2.51 Beats $2.12 Estimate, Sales $555.70M Beat $510.31M Estimate

Management

Cirrus Logic Appoints Jeff Woolard As CFO, Effective February 24, 2025

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Earnings Scheduled For February 4, 2025

Press Releases

Cirrus Logic Celebrates 40 Years of Innovation and Excellence

Cirrus Logic to Report Second Quarter Fiscal Year 2025 Results

Cirrus Logic Reports Fiscal Second Quarter Revenue of $541.9 Million

Cirrus Logic to Present at Upcoming Conference

Cirrus Logic Redefines Timing for Automotive Audio and Pro Audio Systems

Cirrus Logic Unveils Flexible Audio Solution for Intel Core Ultra Processors, Enabling Enhanced Audio from Mainstream to Premium PCs

Cirrus Logic to Report Third Quarter Fiscal Year 2025 Results

Cirrus Logic Reports Fiscal Third Quarter Revenue of $555.7 Million

Jeff Woolard Named Cirrus Logic Chief Financial Officer

Cirrus Logic to Report Fourth Quarter and Full Fiscal Year 2025 Results

Astera Labs

Allegro MicroSystems, Inc. - Common Stock

Allegro Microsystems

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Credo Technology Group

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First Solar

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Himax Technologies, Inc. - American depositary shares, each of which represents two ordinary shares.

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BENZINGA MONDIAL