Cirrus Logic, Inc. (NASDAQ:CRUS – Free Report) – Stock analysts at Zacks Research upped their FY2025 earnings estimates for Cirrus Logic in a research note issued on Tuesday, February 25th. Zacks Research analyst R. Department now expects that the semiconductor company will post earnings per share of $5.79 for the year, up from their prior forecast of $5.20. The consensus estimate for Cirrus Logic’s current full-year earnings is $5.63 per share. Zacks Research also issued estimates for Cirrus Logic’s Q1 2026 earnings at $0.53 EPS, Q4 2026 earnings at $1.17 EPS, FY2026 earnings at $5.55 EPS, Q1 2027 earnings at $0.68 EPS, Q3 2027 earnings at $2.12 EPS and FY2027 earnings at $6.02 EPS.
A number of other analysts have also recently issued reports on CRUS. Stifel Nicolaus lowered their target price on Cirrus Logic from $165.00 to $140.00 and set a “buy” rating for the company in a research note on Tuesday, November 5th. StockNews.com raised shares of Cirrus Logic from a “hold” rating to a “buy” rating in a research report on Tuesday, December 3rd. Loop Capital assumed coverage on shares of Cirrus Logic in a research report on Tuesday, November 12th. They issued a “buy” rating and a $130.00 price objective on the stock. Barclays upped their target price on shares of Cirrus Logic from $105.00 to $115.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 5th. Finally, Susquehanna lifted their price target on Cirrus Logic from $135.00 to $140.00 and gave the company a “positive” rating in a research note on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Cirrus Logic currently has an average rating of “Moderate Buy” and a consensus price target of $132.86.
Cirrus Logic Price Performance
NASDAQ CRUS opened at $102.49 on Friday. Cirrus Logic has a one year low of $81.30 and a one year high of $147.46. The firm has a market cap of $5.45 billion, a P/E ratio of 18.60 and a beta of 0.91. The stock’s 50-day moving average is $103.38 and its 200-day moving average is $114.06.
Cirrus Logic (NASDAQ:CRUS – Get Free Report) last posted its earnings results on Tuesday, February 4th. The semiconductor company reported $2.15 earnings per share for the quarter, missing the consensus estimate of $2.36 by ($0.21). Cirrus Logic had a return on equity of 16.60% and a net margin of 16.55%.
Hedge Funds Weigh In On Cirrus Logic
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Cirrus Logic in the fourth quarter valued at approximately $9,620,000. Mackenzie Financial Corp raised its stake in Cirrus Logic by 12.0% in the 4th quarter. Mackenzie Financial Corp now owns 1,835,186 shares of the semiconductor company’s stock valued at $182,748,000 after acquiring an additional 196,483 shares during the period. Castlekeep Investment Advisors LLC bought a new stake in Cirrus Logic in the 4th quarter valued at $1,695,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Cirrus Logic by 10.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 204,799 shares of the semiconductor company’s stock valued at $20,394,000 after purchasing an additional 18,754 shares during the last quarter. Finally, Voloridge Investment Management LLC bought a new position in Cirrus Logic during the fourth quarter worth $1,383,000. Institutional investors own 87.96% of the company’s stock.
Insider Transactions at Cirrus Logic
In other news, EVP Jeffrey W. Baumgartner sold 2,051 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $100.00, for a total transaction of $205,100.00. Following the transaction, the executive vice president now directly owns 8,330 shares in the company, valued at $833,000. The trade was a 19.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.02% of the company’s stock.
Cirrus Logic Company Profile
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 amplifiers; 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 integrated digital signal processing; 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 for use in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems.
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