Cirrus Logic (CRUS) to Release Quarterly Earnings on Tuesday

Cirrus Logic (NASDAQ:CRUS - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Tuesday, February 4th. Analysts expect Cirrus Logic to post earnings of $2.36 per share and revenue of $510.30 million for the quarter. Cirrus Logic has set its Q3 2025 guidance at EPS.Individual that are interested in registering for the company's earnings conference call can do so using this link.

Cirrus Logic (NASDAQ:CRUS - Get Free Report) last issued its earnings results on Monday, November 4th. The semiconductor company reported $2.25 EPS for the quarter, beating analysts' consensus estimates of $2.02 by $0.23. The firm had revenue of $541.90 million for the quarter, compared to analyst estimates of $520.53 million. Cirrus Logic had a return on equity of 18.15% and a net margin of 17.19%. Cirrus Logic's revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.43 earnings per share. On average, analysts expect Cirrus Logic to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Cirrus Logic Trading Up 1.0 %

Shares of CRUS stock traded up $1.01 during trading hours on Friday, hitting $100.30. The company's stock had a trading volume of 511,966 shares, compared to its average volume of 631,577. The company has a 50 day moving average of $102.83 and a 200 day moving average of $117.33. Cirrus Logic has a 12-month low of $75.92 and a 12-month high of $147.46. The stock has a market cap of $5.33 billion, a PE ratio of 16.93 and a beta of 0.92.

Analyst Ratings Changes

Several research analysts recently weighed in on CRUS shares. Susquehanna lifted their price target on Cirrus Logic from $135.00 to $140.00 and gave the company a "positive" rating in a research report on Monday, November 18th. Barclays reduced their price target on Cirrus Logic from $120.00 to $105.00 and set an "equal weight" rating for the company in a report on Tuesday, November 5th. StockNews.com raised shares of Cirrus Logic from a "hold" rating to a "buy" rating in a report on Tuesday, December 3rd. Stifel Nicolaus decreased their price objective on shares of Cirrus Logic from $165.00 to $140.00 and set a "buy" rating on the stock in a report on Tuesday, November 5th. Finally, Loop Capital initiated coverage on shares of Cirrus Logic in a research note on Tuesday, November 12th. They set a "buy" rating and a $130.00 target price for the company. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $132.50.

About Cirrus Logic

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.