FY2025 EPS Estimates for Cirrus Logic Raised by Analyst

Cirrus Logic, Inc. (NASDAQ:CRUS - Free Report) - Research analysts at Zacks Research upped their FY2025 earnings per share estimates for Cirrus Logic in a note issued to investors on Tuesday, February 25th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings of $5.79 per share for the year, up from their previous estimate 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 equities research analysts also recently issued reports on CRUS. Loop Capital assumed coverage on 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 lifted their price target on Cirrus Logic from $105.00 to $115.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 5th. StockNews.com raised Cirrus Logic from a "hold" rating to a "buy" rating in a report on Tuesday, December 3rd. Stifel Nicolaus lowered their target price on shares of Cirrus Logic from $165.00 to $140.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Finally, Susquehanna boosted their price target on shares of Cirrus Logic from $135.00 to $140.00 and gave the stock 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 given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $132.86.

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Cirrus Logic Price Performance

NASDAQ:CRUS traded up $1.49 during trading hours on Friday, hitting $103.17. The stock had a trading volume of 566,251 shares, compared to its average volume of 558,147. The company has a 50 day simple moving average of $103.43 and a two-hundred day simple moving average of $113.26. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of 18.72 and a beta of 0.91. Cirrus Logic has a one year low of $81.30 and a one year high of $147.46.

Cirrus Logic (NASDAQ:CRUS - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The semiconductor company reported $2.15 EPS for the quarter, missing analysts' consensus estimates of $2.36 by ($0.21). Cirrus Logic had a net margin of 16.55% and a return on equity of 16.60%.

Institutional Investors Weigh In On Cirrus Logic

A number of large investors have recently modified their holdings of CRUS. Huntington National Bank boosted its position in shares of Cirrus Logic by 10,500.0% during the third quarter. Huntington National Bank now owns 212 shares of the semiconductor company's stock valued at $26,000 after purchasing an additional 210 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Cirrus Logic during the fourth quarter valued at $28,000. Nisa Investment Advisors LLC boosted its holdings in shares of Cirrus Logic by 98.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 242 shares of the semiconductor company's stock valued at $30,000 after buying an additional 120 shares in the last quarter. Westside Investment Management Inc. purchased a new stake in shares of Cirrus Logic in the 3rd quarter worth about $35,000. Finally, Headlands Technologies LLC bought a new position in shares of Cirrus Logic in the 4th quarter worth about $39,000. Institutional investors own 87.96% of the company's stock.

Insider Buying and Selling at Cirrus Logic

In other Cirrus Logic news, EVP Jeffrey W. Baumgartner sold 2,051 shares of the company's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $100.00, for a total value of $205,100.00. Following the completion of the transaction, the executive vice president now directly owns 8,330 shares in the company, valued at approximately $833,000. This represents a 19.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.02% of the stock is currently owned by corporate insiders.

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.