Cirrus Logic (NASDAQ:CRUS) Issues Earnings Results

Cirrus Logic (NASDAQ:CRUSGet Free Report) announced its earnings results on Monday. The semiconductor company reported $2.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.23, Briefing.com reports. The firm had revenue of $541.90 million for the quarter, compared to analyst estimates of $520.53 million. Cirrus Logic had a net margin of 16.31% and a return on equity of 17.42%. The business’s revenue was up 12.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.43 EPS. Cirrus Logic updated its Q3 2025 guidance to EPS.

Cirrus Logic Stock Performance

NASDAQ:CRUS traded down $6.95 during trading hours on Tuesday, reaching $103.68. The stock had a trading volume of 880,709 shares, compared to its average volume of 498,640. The company has a 50 day moving average price of $125.69 and a two-hundred day moving average price of $122.09. Cirrus Logic has a 52 week low of $69.23 and a 52 week high of $147.46. The stock has a market capitalization of $5.54 billion, a PE ratio of 19.42 and a beta of 0.96.

Insider Transactions at Cirrus Logic

In related news, VP Andrew Brannan sold 4,350 shares of the stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $136.04, for a total value of $591,774.00. Following the sale, the vice president now directly owns 4,004 shares of the company’s stock, valued at $544,704.16. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Cirrus Logic news, VP Andrew Brannan sold 4,350 shares of the stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $136.04, for a total transaction of $591,774.00. Following the transaction, the vice president now directly owns 4,004 shares in the company, valued at $544,704.16. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Justin E. Dougherty sold 10,203 shares of the stock in a transaction on Friday, August 9th. The shares were sold at an average price of $131.71, for a total value of $1,343,837.13. Following the sale, the senior vice president now directly owns 4,838 shares in the company, valued at $637,212.98. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Barclays reduced their target price on shares of Cirrus Logic from $120.00 to $105.00 and set an “equal weight” rating on the stock in a report on Tuesday. KeyCorp upped their target price on Cirrus Logic from $155.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 7th. Susquehanna cut their target price on Cirrus Logic from $160.00 to $135.00 and set a “positive” rating on the stock in a research report on Tuesday. Stifel Nicolaus lowered their price target on shares of Cirrus Logic from $165.00 to $140.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, StockNews.com downgraded shares of Cirrus Logic from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 9th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Cirrus Logic currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.00.

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Cirrus Logic Company Profile

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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, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation for use in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems.

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Earnings History for Cirrus Logic (NASDAQ:CRUS)

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