Cirrus Logic, Inc. (CRUS)

NASDAQ: CRUS · Real-Time Price · USD
101.00
+0.15 (0.15%)
At close: Jan 17, 2025, 4:00 PM
101.30
+0.30 (0.30%)
After-hours: Jan 17, 2025, 6:21 PM EST
0.15%
Market Cap 5.37B
Revenue (ttm) 1.91B
Net Income (ttm) 327.80M
Shares Out 53.14M
EPS (ttm) 5.89
PE Ratio 17.14
Forward PE 17.38
Dividend n/a
Ex-Dividend Date n/a
Volume 620,640
Open 102.78
Previous Close 100.85
Day's Range 100.00 - 103.07
52-Week Range 75.92 - 147.46
Beta 0.92
Analysts Buy
Price Target 133.00 (+31.68%)
Earnings Date Feb 4, 2025

About CRUS

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, soft... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Jun 9, 1989
Employees 1,625
Stock Exchange NASDAQ
Ticker Symbol CRUS
Full Company Profile

Financial Performance

In 2023, Cirrus Logic's revenue was $1.79 billion, a decrease of -5.73% compared to the previous year's $1.90 billion. Earnings were $274.57 million, an increase of 55.39%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CRUS stock is "Buy." The 12-month stock price forecast is $133.0, which is an increase of 31.68% from the latest price.

Price Target
$133.0
(31.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cirrus Logic to Report Third Quarter Fiscal Year 2025 Results

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its third quarter fiscal year 2025 financial results and business outlook on the Investor R...

5 days ago - Business Wire

Cirrus Approach Flight Training App Relaunches with Augmented Reality Pre-Flight

DULUTH, Minn. & KNOXVILLE, Tenn.--(BUSINESS WIRE)-- #Aviation--Cirrus, the innovator in personal aviation, today announced the relaunch of the Cirrus Approach app, the premier digital mobile tool for ...

12 days ago - Business Wire

Cirrus Logic Unveils Flexible Audio Solution for Intel Core Ultra Processors, Enabling Enhanced Audio from Mainstream to Premium PCs

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (Nasdaq: CRUS) today announced collaboration with Intel to launch a reference design based on the new Intel® Core™ Ultra processors (series 2), formerly co...

13 days ago - Business Wire

Cirrus Celebrates 600 Vision Jet Deliveries

DULUTH, Minn. & KNOXVILLE, Tenn.--(BUSINESS WIRE)-- #Aircraft--Cirrus today announced the delivery of its 600th Vision Jet, a major milestone for the company and a defining moment in the evolution of ...

4 weeks ago - Business Wire

Cirrus Logic Redefines Timing for Automotive Audio and Pro Audio Systems

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (Nasdaq: CRUS), a leader in audio engineering and semiconductor innovation, today announced the launch of its new range of timing products, designed to del...

6 weeks ago - Business Wire

Cirrus Logic to Present at Upcoming Conference

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) announced that President and Chief Executive Officer John Forsyth and Interim Chief Financial Officer Ulf Habermann will present at th...

6 weeks ago - Business Wire

Cirrus Logic's Record Quarter Followed With Strange Guidance

Cirrus Logic reported record revenue for September, but December guidance fell short, causing a negative market reaction despite upbeat management. Key reasons for the guidance shortfall include a shi...

2 months ago - Seeking Alpha

Cirrus SR Series and Vision Jet Receive Transport Canada Civil Aviation Certification

DULUTH, Minn. & TORONTO--(BUSINESS WIRE)-- #Aviation--The Cirrus SR Series G7 and G2+ Vision Jet have successfully achieved Transport Canada Civil Aviation (TCCA) certification. This certification con...

2 months ago - Business Wire

Celanese Posts Downbeat Results, Joins Cirrus Logic, Teradata And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 0.1% on Tuesday.

Other symbols: CETDC
2 months ago - Benzinga

Cirrus Logic, Inc. (CRUS) Q2 2025 Earnings Call Transcript

Cirrus Logic, Inc. (NASDAQ:CRUS) Q2 2025 Earnings Conference Call November 4, 2024 5:00 PM ET Company Participants Chelsea Heffernan - Vice President, Investor Relations John Forsyth - President and ...

2 months ago - Seeking Alpha

Cirrus Logic Reports Fiscal Second Quarter Revenue of $541.9 Million

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for t...

2 months ago - Business Wire

Cirrus Logic to Report Second Quarter Fiscal Year 2025 Results

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its second quarter fiscal year 2025 financial results and business outlook on the Investor ...

3 months ago - Business Wire

Investing In The Recent News-Driven Price Drop With Cirrus Logic

Cirrus Logic's stock dropped due to mixed news, but savvy investors should discern between real and misleading reports, presenting a buying opportunity. Despite Barclays' downgrade, Cirrus has strong ...

3 months ago - Seeking Alpha

Cirrus Shares Drawing Interest

Cirrus Logic, Inc. (CRUS) has long been a leading mobile phone chip provider, but its prospects are growing more thanks to AI-driven mobile devices.

4 months ago - FXEmpire

Cirrus Logic Celebrates 40 Years of Innovation and Excellence

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (Nasdaq: CRUS), a leader in mixed-signal processing, proudly celebrates its 40th birthday today. Over the past four decades, Cirrus Logic has consistently ...

4 months ago - Business Wire

Cirrus Logic's Revenue Growth Right On Target

Future earnings growth for FS-2025 remain on track at $8 per share. Cirrus Logic reported strong revenue and earnings for Q1 fiscal 2025, with revenue gains meeting targets. Unlike Cirrus, Qorvo and S...

5 months ago - Seeking Alpha

Cirrus Logic, Inc. (CRUS) Q1 2025 Earnings Call Transcript

Cirrus Logic, Inc. (NASDAQ:CRUS) Q1 2025 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Chelsea Heffernan - Vice President of Investor Relations John Forsyth - Chief Executiv...

5 months ago - Seeking Alpha

Cirrus Logic Reports Fiscal First Quarter Revenue of $374.0 Million

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today posted on its website at investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for t...

5 months ago - Business Wire

Cirrus Celebrates 10,000 SR Series Deliveries with Limited Edition Aircraft

DULUTH, Minn. & KNOXVILLE, Tenn.--(BUSINESS WIRE)--Cirrus, the world's best-selling high-performance single-engine piston aircraft manufacturer, revealed a one-of-a-kind, Limited-Edition SR Series air...

6 months ago - Business Wire

Cirrus Logic to Report First Quarter Fiscal Year 2025 Results

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its first quarter fiscal year 2025 financial results and business outlook on the Investor R...

6 months ago - Business Wire

Cirrus Logic Unveils Its Latest Additions to Its Family of Professional Audio Converters

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (Nasdaq: CRUS) today unveiled the latest devices in its Pro Audio product family: a series of digital-to-analog converters (DACs) and an ultra-high perform...

7 months ago - Business Wire

Cirrus Logic Shares' Signals Anything But Mixed

Fabless semiconductor company Cirrus Logic, Inc. (CRUS) develops mixed-signal processing solutions, but its stock performance is anything but mixed – it's thriving – especially over time.

7 months ago - FXEmpire

Updating Cirrus Logic Revenue And Price Expectations For 2024 And Beyond

Cirrus Logic confirms ASP increases with new iPhones in September and expects continued ASP growth over the next few years. Revenue for June is expected to range between $290 million and $350 million,...

8 months ago - Seeking Alpha

CMG Announces Appointment of Alex Davern to the Board of Directors

CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. (“CMG” or the “Company”) (TSX: CMG) is pleased to announce that Alex Davern has been appointed to the Board of Director...

Other symbols: FARO
8 months ago - GlobeNewsWire

Cirrus Logic to Present at Upcoming Conferences

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) announced that the company will be presenting at the following investor conferences: New York, May 29 – Cirrus Logic Chief Executive O...

8 months ago - Business Wire