Cirrus Logic (NASDAQ:CRUS) Posts Quarterly Earnings Results, Beats Estimates By $0.23 EPS

Cirrus Logic (NASDAQ:CRUS) released its quarterly earnings data on Monday. The semiconductor company reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.23, Briefing.com reports. Cirrus Logic had a net margin of 16.31% and a return on equity of 17.42%. The company had revenue of $541.90 million for the quarter, compared to analysts’ expectations of $520.53 million. During the same quarter in the prior year, the firm earned $1.43 EPS. The business’s revenue was up 12.6% on a year-over-year basis. Cirrus Logic updated its Q3 2025 guidance to EPS.

Cirrus Logic Price Performance

Shares of NASDAQ CRUS traded up $1.32 during trading on Wednesday, hitting $104.11. The stock had a trading volume of 1,085,050 shares, compared to its average volume of 506,333. The company has a market capitalization of $5.56 billion, a PE ratio of 19.24 and a beta of 0.96. The firm has a fifty day moving average of $124.88 and a two-hundred day moving average of $122.24. Cirrus Logic has a 12 month low of $69.23 and a 12 month high of $147.46.

Analysts Set New Price Targets

CRUS has been the topic of several recent research reports. KeyCorp increased their price target on Cirrus Logic from $155.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, August 7th. StockNews.com cut Cirrus Logic from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th. Barclays decreased their price target on shares of Cirrus Logic from $120.00 to $105.00 and set an “equal weight” rating for the company in a research note on Tuesday. Stifel Nicolaus dropped their price objective 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. Finally, Susquehanna decreased their target price on shares of Cirrus Logic from $160.00 to $135.00 and set a “positive” rating for the company in a research report on Tuesday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.00.

Insider Activity at Cirrus Logic

In other Cirrus Logic news, VP Andrew Brannan sold 4,350 shares of the business’s stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $136.04, for a total value of $591,774.00. Following the transaction, the vice president now owns 4,004 shares of the company’s stock, valued at approximately $544,704.16. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Cirrus Logic news, VP Andrew Brannan sold 4,350 shares of Cirrus Logic stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $136.04, for a total value of $591,774.00. Following the sale, the vice president now owns 4,004 shares of the company’s stock, valued at approximately $544,704.16. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Justin E. Dougherty sold 10,203 shares of the stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $131.71, for a total transaction of $1,343,837.13. Following the transaction, the senior vice president now directly owns 4,838 shares of the company’s stock, valued at $637,212.98. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.02% of the stock is currently owned by company insiders.

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.