Cirrus Logic, Inc. (CRUS)
Market Cap | 5.78B |
Revenue (ttm) | 1.84B |
Net Income (ttm) | 305.08M |
Shares Out | 53.14M |
EPS (ttm) | 5.50 |
PE Ratio | 19.81 |
Forward PE | 16.22 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 369,022 |
Open | 111.99 |
Previous Close | 111.30 |
Day's Range | 109.04 - 111.54 |
52-Week Range | 81.30 - 147.46 |
Beta | 0.91 |
Analysts | Strong Buy |
Price Target | 133.33 (+22.57%) |
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]
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 StatementsAnalyst 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 22.57% from the latest price.
News
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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...
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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 ...
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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 ...
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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...
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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...
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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...
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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...
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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 ...
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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...
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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 ...
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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...
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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...
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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...
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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...
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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.
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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 ...
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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...
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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 ...
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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 ...
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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.
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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 ...
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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...
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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...
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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...
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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...