Cirrus Logic, Inc. (CRUS)
| Market Cap | 4.55B |
| Revenue (ttm) | 1.78B |
| Net Income (ttm) | 326.36M |
| Shares Out | 56.11M |
| EPS (ttm) | 5.52 |
| PE Ratio | 14.68 |
| Forward PE | 14.88 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 115,350 |
| Open | 80.48 |
| Previous Close | 79.51 |
| Day's Range | 79.96 - 81.23 |
| 52-Week Range | 73.45 - 95.84 |
| Beta | 0.91 |
| Analysts | Buy |
| Price Target | 108.12 (+33.4%) |
| Earnings Date | May 3, 2022 |
About CRUS
Cirrus Logic, Inc., a fabless semiconductor company, provides low-power and high-precision mixed-signal processing solutions in the United States and internationally. It offers portable products, including 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 digital signal processer; boosted amplifiers; digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that...
Financial Performance
In 2021, Cirrus Logic's revenue was $1.78 billion, an increase of 30.11% compared to the previous year's $1.37 billion. Earnings were $326.36 million, an increase of 50.16%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for CRUS stock is "Buy." The 12-month stock price forecast is 108.12, which is an increase of 33.44% from the latest price.
News
Cirrus Logic to Present at Upcoming Conferences
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that the company will be presenting at the following investor conferences: New York, June 1 – Cirrus Logic President and...
This Beaten-Down Tech Stock Could Go Parabolic After Crushing Wall Street's Expectations
Investors seeking to buy a fast-growing company on the cheap should take a closer look at this chipmaker.
Cirrus Logic (CRUS) Q4 Earnings & Revenues Beat, Rise Y/Y
Cirrus Logic's (CRUS) Q4 results gain from the increasing demand for its high-performance mixed-signal segment.
Cirrus Logic (CRUS) Surpasses Q4 Earnings and Revenue Estimates
Cirrus Logic (CRUS) delivered earnings and revenue surprises of 42.55% and 16.55%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Cirrus Logic Reports Fourth Quarter Revenue of $490.0 Million and Full Fiscal Year 2022 Revenue of $1.78 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 the...
This Mid-Cap Stock Could Deliver Blockbuster Growth This Earnings Season
This chipmaker is sitting on a huge tailwind.
Cirrus Aircraft Continues Global Expansion with New European Locations
FRIEDRICHSHAFEN, Germany--(BUSINESS WIRE)-- #Aviation--During the AERO Friedrichshafen press conference, Cirrus Aircraft announced its continued global expansion with investment in two new European loca...
Venk Nathamuni Named Cirrus Logic Chief Financial Officer
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic Inc. (Nasdaq: CRUS) today announced the appointment of Venk Nathamuni as chief financial officer, effective April 18, 2022. Venk brings more than 30 years of...
Cirrus Logic to Announce Q4 Results May 3
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic Inc. (Nasdaq: CRUS) today announced that the company will post its fourth quarter and full fiscal year 2022 financial results and business outlook on the inv...
Denise Grodé Joins Cirrus Logic as Chief Human Resources Officer
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic today announced that Denise Grodé has joined its executive team as Chief Human Resources Officer.
Why You Should Keep an Eye on Cirrus Logic (CRUS) Stock?
Cirrus Logic (CRUS) is benefiting from strong demand for high-performance mixed-signal content shipping for smartphones, fast-charging ICs and haptic solutions.
Cirrus Logic (CRUS) Gains But Lags Market: What You Should Know
Cirrus Logic (CRUS) closed at $79.91 in the latest trading session, marking a +0.76% move from the prior day.
Cirrus Logic (CRUS) Moves to Strong Buy: Rationale Behind the Upgrade
Cirrus Logic (CRUS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ASX vs. CRUS: Which Stock Is the Better Value Option?
ASX vs. CRUS: Which Stock Is the Better Value Option?
Why Is Cirrus Logic (CRUS) Up 2.5% Since Last Earnings Report?
Cirrus Logic (CRUS) reported earnings 30 days ago. What's next for the stock?
Cirrus Logic to Present at Upcoming Conference
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today announced that Cirrus Logic President and Chief Executive Officer John Forsyth will present at the Morgan Stanley Technology, Medi...
Wall Street Analysts Believe Cirrus Logic (CRUS) Could Rally 25%: Here's is How to Trade
The average of price targets set by Wall Street analysts indicates a potential upside of 25.2% in Cirrus Logic (CRUS). While the effectiveness of this highly sought-after metric is questionable, the pos...
This Tech Stock Could Soar 42%, and It Is a Terrific Bargain Right Now
This semiconductor supplier is projected to have a big 2022.
Bull Of The Day: Cirrus Logic (CRUS)
This chip stock recently posted a solid beat and raise quarter which got my attention.
Cirrus Logic's (CRUS) Q3 Earnings & Revenues Beat Estimates
Cirrus Logic's (CRUS) Q3 performance benefits from solid demand for its portfolio of solutions.
Cirrus Logic (CRUS) Tops Q3 Earnings and Revenue Estimates
Cirrus Logic (CRUS) delivered earnings and revenue surprises of 18.14% and 7.28%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Why Cirrus Logic Shares Are Surging In After-Hours Trading Today
Cirrus Logic Inc CRUS is trading higher in Monday's after-hours session after the company announced better-than-expected fiscal third-quarter financial results and issued guidance above estimates. Cirr...
Cirrus Logic stock jumps 10% after quarterly results top views
Shares of Cirrus Logic Inc. CRUS, +4.91% jumped more than 10% in the extended session Monday after the chip supplier reported fiscal third-quarter earnings and sales well above Wall Street expectations....
Cirrus Logic Reports Q3 FY22 Revenue of $548.3 Million
AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (Nasdaq: CRUS) today posted on its website at http://investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results ...