Cirrus Logic, Inc. (CRUS)

NASDAQ: CRUS · Real-Time Price · USD
86.95
-0.46 (-0.53%)
Apr 15, 2025, 4:00 PM EDT - Market closed
-0.53%
Market Cap 4.62B
Revenue (ttm) 1.84B
Net Income (ttm) 305.08M
Shares Out 53.14M
EPS (ttm) 5.50
PE Ratio 15.82
Forward PE 12.96
Dividend n/a
Ex-Dividend Date n/a
Volume 458,247
Open 88.36
Previous Close 87.41
Day's Range 86.88 - 88.36
52-Week Range 75.83 - 147.46
Beta 0.95
Analysts Strong Buy
Price Target 133.33 (+53.34%)
Earnings Date May 6, 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 "Strong Buy." The 12-month stock price forecast is $133.33, which is an increase of 53.34% from the latest price.

Price Target
$133.33
(53.34% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

GBI's Green Globes & Green Globes Journey to Net Zero Certifications Provide Access to CIRRUS C-PACE Financing for Commercial Real Estate

GBI announces the inclusion of both Green Globes® and Green Globes Journey to Net Zero™ certification systems in PACE Equity's CIRRUS C-PACE program.

5 days ago - GlobeNewsWire

Cirrus Launches All-New Cirrus IQ™ App with IQ PRO™ Premium Subscription

DULUTH, Minn. & KNOXVILLE, Tenn.--(BUSINESS WIRE)-- #Cirrus--Cirrus (Cirrus Aircraft Ltd), the recognized global leader in Personal Aviation™ and the manufacturer of the best-selling SR Series piston ...

15 days ago - Business Wire

Cirrus Logic's Financial Future: Always A Roll Of The Dice, But

Cirrus Logic's future potential, especially as a proprietary supplier for Apple, involves significant guesswork and isn't for the faint of heart. CEO John Forsyth provided unique insights during the D...

7 weeks ago - Seeking Alpha

Cirrus Reveals 2025 SR Series G7 Australis® Edition Aircraft

DULUTH, Minn. & BRISBANE, Australia--(BUSINESS WIRE)-- #Australis--Cirrus (Cirrus Aircraft Ltd) revealed the 2025 SR Series G7 Australis® Edition aircraft. This third release of the Australis Edition ...

2 months ago - Business Wire

Cirrus Logic, Inc. (CRUS) Q3 2025 Earnings Conference Call Transcript

Cirrus Logic, Inc. (NASDAQ:CRUS) Q3 2025 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Chelsea Heffernan - VP, IR John Forsyth - President and CEO Ulf Habermann - Interim ...

2 months ago - Seeking Alpha

Jeff Woolard Named Cirrus Logic Chief Financial Officer

AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced the appointment of Jeff Woolard as chief financial officer, effective February 24, 2025. Jeff has more than 30 years o...

2 months ago - Business Wire

Cirrus Logic Reports Fiscal Third Quarter Revenue of $555.7 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

Estimating Cirrus Logic's December Quarter

Cirrus Logic's December quarter revenue is estimated at $550 million, driven by reasonable Apple iPhone sales and ASP increases from new amplifiers and codecs. Risks include potential declines in iPho...

2 months ago - Seeking Alpha

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...

3 months 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 ...

3 months 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...

3 months 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 months 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...

4 months 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...

4 months 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...

5 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...

5 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
5 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 ...

5 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...

5 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 ...

6 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 ...

6 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.

7 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 ...

7 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...

8 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...

9 months ago - Seeking Alpha