Cirrus Logic (NASDAQ:CRUS) Posts Quarterly Earnings Results

Cirrus Logic (NASDAQ:CRUS) announced its quarterly earnings results on Tuesday. The semiconductor company reported $2.15 EPS for the quarter, missing analysts’ consensus estimates of $2.36 by ($0.21), Zacks reports. Cirrus Logic had a net margin of 17.19% and a return on equity of 18.15%. Cirrus Logic updated its Q4 2025 guidance to EPS.

Cirrus Logic Trading Up 2.1 %

Shares of NASDAQ:CRUS opened at $101.39 on Wednesday. The business has a 50-day moving average price of $102.43 and a 200 day moving average price of $116.21. Cirrus Logic has a 12-month low of $76.58 and a 12-month high of $147.46. The company has a market capitalization of $5.39 billion, a price-to-earnings ratio of 17.18 and a beta of 0.91.

Analyst Ratings Changes

Several brokerages have recently weighed in on CRUS. StockNews.com upgraded shares of Cirrus Logic from a “hold” rating to a “buy” rating in a report on Tuesday, December 3rd. Barclays dropped their price objective on shares of Cirrus Logic from $120.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 5th. Stifel Nicolaus reduced their price target on Cirrus Logic from $165.00 to $140.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Susquehanna increased their price target on Cirrus Logic from $135.00 to $140.00 and gave the stock a “positive” rating in a research report on Monday, November 18th. Finally, Loop Capital initiated coverage on Cirrus Logic in a research report on Tuesday, November 12th. They set a “buy” rating and a $130.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Cirrus Logic presently has a consensus rating of “Moderate Buy” and a consensus 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.