Cirrus Logic, Inc. (CRUS)

NASDAQ: CRUS · Real-Time Price · USD
100.56
+0.40 (0.40%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.40%
Market Cap 5.34B
Revenue (ttm) 1.91B
Net Income (ttm) 327.80M
Shares Out 53.14M
EPS (ttm) 5.89
PE Ratio 17.07
Forward PE 17.27
Dividend n/a
Ex-Dividend Date n/a
Volume 1,647,641
Open 100.09
Previous Close 100.16
Day's Range 99.07 - 101.85
52-Week Range 75.92 - 147.46
Beta 0.92
Analysts Buy
Price Target 133.00 (+32.26%)
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 32.26% from the latest price.

Price Target
$133.0
(32.26% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

16 days 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...

16 days 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...

4 weeks 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...

5 weeks 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
6 weeks 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 ...

6 weeks 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...

6 weeks 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 ...

2 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 ...

2 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.

3 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 ...

3 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...

4 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...

4 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...

4 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...

5 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...

5 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...

6 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.

6 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,...

6 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
7 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...

7 months ago - Business Wire

Cirrus Logic Nominates William D. Mosley for Election to Board of Directors

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic (NASDAQ: CRUS) today announced that its board of directors nominated William D. Mosley to stand for election at the company's 2024 Annual Meeting, currentl...

7 months ago - Business Wire

Cirrus Logic Announces CFO Transition

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced the resignation of its Chief Financial Officer (CFO), Venk Nathamuni, effective May 24, 2024, to pursue an opportunity...

7 months ago - Business Wire

Cirrus Logic, Inc. (CRUS) Q4 2024 Earnings Call Transcript

Cirrus Logic, Inc. (NASDAQ:CRUS) Q4 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Chelsea Heffernan - Vice President, Investor Relations John Forsyth - President & Chief E...

8 months ago - Seeking Alpha

Cirrus Logic Reports Fiscal Fourth Quarter Revenue of $371.8 Million and Full Fiscal Year 2024 Revenue of $1.79 Billion

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...

8 months ago - Business Wire