Cirrus Logic, Inc. (CRUS)
NASDAQ: CRUS · Real-Time Price · USD
102.55
+2.34 (2.33%)
Nov 21, 2024, 4:00 PM EST - Market closed
Cirrus Logic Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Cirrus Logic stock have an average target of 133, with a low estimate of 105 and a high estimate of 165. The average target predicts an increase of 29.69% from the current stock price of 102.55.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Cirrus Logic stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 3 | 3 | 3 | 3 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Buy Maintains $135 → $140 | Buy | Maintains | $135 → $140 | +36.52% | Nov 18, 2024 |
| Stifel | Stifel | Strong Buy Maintains $165 → $140 | Strong Buy | Maintains | $165 → $140 | +36.52% | Nov 5, 2024 |
| Barclays | Barclays | Hold Maintains $120 → $105 | Hold | Maintains | $120 → $105 | +2.39% | Nov 5, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $160 → $135 | Buy | Maintains | $160 → $135 | +31.64% | Nov 5, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $175 → $160 | Buy | Maintains | $175 → $160 | +56.02% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
1.83B
from 1.79B
Increased by 2.35%
Revenue Next Year
1.90B
from 1.83B
Increased by 3.66%
EPS This Year
6.52
from 4.90
Increased by 32.99%
EPS Next Year
6.79
from 6.52
Increased by 4.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0B | 2.0B | 2.3B |
| Avg | 1.8B | 1.9B | 2.1B |
| Low | 1.7B | 1.8B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.4% | 7.8% | 21.4% |
| Avg | 2.4% | 3.7% | 10.7% |
| Low | -3.0% | -1.7% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.02 | 7.12 | 8.83 |
| Avg | 6.52 | 6.79 | 7.83 |
| Low | 6.04 | 6.26 | 6.80 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 43.4% | 9.2% | 30.0% |
| Avg | 33.0% | 4.3% | 15.2% |
| Low | 23.2% | -3.9% | 0.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.