Q1 2025 EPS Estimates for Cirrus Logic, Inc. (NASDAQ:CRUS) Lowered by Zacks Research

Cirrus Logic, Inc. (NASDAQ:CRUSFree Report) – Research analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for shares of Cirrus Logic in a note issued to investors on Monday, April 22nd. Zacks Research analyst H. Sadavartia now anticipates that the semiconductor company will earn $0.23 per share for the quarter, down from their previous forecast of $0.32. The consensus estimate for Cirrus Logic’s current full-year earnings is $4.79 per share. Zacks Research also issued estimates for Cirrus Logic’s Q3 2025 earnings at $2.11 EPS, Q4 2025 earnings at $0.73 EPS, FY2025 earnings at $4.36 EPS, Q1 2026 earnings at $0.25 EPS, Q2 2026 earnings at $1.51 EPS, Q3 2026 earnings at $1.79 EPS, Q4 2026 earnings at $0.83 EPS and FY2026 earnings at $4.38 EPS.

Cirrus Logic (NASDAQ:CRUSGet Free Report) last announced its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported $2.53 earnings per share for the quarter, beating the consensus estimate of $1.70 by $0.83. Cirrus Logic had a net margin of 9.84% and a return on equity of 16.13%. The firm had revenue of $618.98 million for the quarter, compared to analysts’ expectations of $539.55 million.

Several other analysts have also commented on CRUS. TD Cowen lifted their price target on shares of Cirrus Logic from $90.00 to $100.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. Susquehanna lifted their target price on Cirrus Logic from $85.00 to $100.00 and gave the company a “positive” rating in a research report on Wednesday, February 7th. Barclays increased their price target on Cirrus Logic from $90.00 to $95.00 and gave the stock an “overweight” rating in a report on Tuesday, January 16th. StockNews.com lowered shares of Cirrus Logic from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Stifel Nicolaus upped their target price on shares of Cirrus Logic from $95.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, February 7th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $96.43.

Check Out Our Latest Stock Report on Cirrus Logic

Cirrus Logic Price Performance

NASDAQ:CRUS opened at $84.25 on Wednesday. The company’s 50-day moving average is $90.22 and its two-hundred day moving average is $81.94. Cirrus Logic has a 1-year low of $65.02 and a 1-year high of $95.87. The firm has a market capitalization of $4.54 billion, a price-to-earnings ratio of 26.75 and a beta of 1.00.

Insider Buying and Selling at Cirrus Logic

In other news, CFO Venkatesh Nathamuni sold 1,000 shares of the stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $95.00, for a total transaction of $95,000.00. Following the sale, the chief financial officer now owns 1,587 shares of the company’s stock, valued at $150,765. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Venkatesh Nathamuni sold 1,000 shares of the company’s stock in a transaction on Thursday, February 8th. The stock was sold at an average price of $95.00, for a total transaction of $95,000.00. Following the sale, the chief financial officer now owns 1,587 shares of the company’s stock, valued at $150,765. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Justin E. Dougherty sold 3,280 shares of the stock in a transaction on Thursday, February 22nd. The shares were sold at an average price of $91.40, for a total value of $299,792.00. Following the completion of the sale, the senior vice president now owns 6,000 shares in the company, valued at $548,400. The disclosure for this sale can be found here. Insiders sold a total of 7,530 shares of company stock valued at $700,292 in the last three months. 0.89% of the stock is owned by corporate insiders.

Institutional Trading of Cirrus Logic

A number of large investors have recently made changes to their positions in the company. Norges Bank acquired a new position in Cirrus Logic during the 4th quarter worth approximately $51,890,000. Balyasny Asset Management L.P. increased its holdings in Cirrus Logic by 307.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 706,536 shares of the semiconductor company’s stock valued at $58,777,000 after buying an additional 533,019 shares during the last quarter. FMR LLC raised its stake in Cirrus Logic by 4.5% in the third quarter. FMR LLC now owns 7,552,630 shares of the semiconductor company’s stock valued at $558,593,000 after buying an additional 327,269 shares in the last quarter. Kodai Capital Management LP purchased a new stake in Cirrus Logic during the 4th quarter worth about $27,072,000. Finally, Kettle Hill Capital Management LLC acquired a new position in shares of Cirrus Logic during the 3rd quarter worth about $14,442,000. 87.96% of the stock is currently owned by hedge funds and other institutional investors.

Cirrus Logic Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Cirrus Logic (NASDAQ:CRUS)

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