Analysts Offer Predictions for Cirrus Logic Q3 Earnings

Cirrus Logic, Inc. (NASDAQ:CRUS) – Stock analysts at KeyCorp issued their Q3 2026 EPS estimates for shares of Cirrus Logic in a report issued on Monday, January 12th. KeyCorp analyst J. Vinh anticipates that the semiconductor company will post earnings per share of $2.23 for the quarter. KeyCorp has a “Overweight” rating and a $150.00 price objective on the stock. The consensus estimate for Cirrus Logic’s current full-year earnings is $5.63 per share. KeyCorp also issued estimates for Cirrus Logic’s Q2 2027 earnings at $2.19 EPS.

Other analysts also recently issued reports about the company. Zacks Research upgraded Cirrus Logic from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Williams Trading set a $150.00 target price on shares of Cirrus Logic in a research note on Wednesday, November 5th. Susquehanna raised their price target on shares of Cirrus Logic from $140.00 to $155.00 and gave the stock a “positive” rating in a research note on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Cirrus Logic in a report on Monday, December 29th. Finally, Stifel Nicolaus upped their price objective on shares of Cirrus Logic from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $141.67.

Cirrus Logic Stock Performance

CRUS stock opened at $124.38 on Thursday. The stock’s 50 day moving average price is $120.47 and its 200 day moving average price is $117.40. The firm has a market cap of $6.35 billion, a P/E ratio of 17.67 and a beta of 1.09. Cirrus Logic has a 1 year low of $75.83 and a 1 year high of $136.92.

Cirrus Logic (NASDAQ:CRUS) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $2.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.51. Cirrus Logic had a net margin of 19.48% and a return on equity of 19.59%. The company had revenue of $560.96 million for the quarter, compared to the consensus estimate of $540.45 million. During the same quarter in the prior year, the firm earned $2.25 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year.

Insider Transactions at Cirrus Logic

In other news, EVP Andrew Brannan sold 8,913 shares of the company’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $119.06, for a total transaction of $1,061,181.78. Following the completion of the transaction, the executive vice president owned 5,950 shares of the company’s stock, valued at $708,407. This represents a 59.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Scott Thomas sold 734 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $131.25, for a total transaction of $96,337.50. Following the completion of the sale, the executive vice president directly owned 26,307 shares in the company, valued at $3,452,793.75. This represents a 2.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.16% of the company’s stock.

Institutional Trading of Cirrus Logic

Several institutional investors have recently made changes to their positions in CRUS. Hantz Financial Services Inc. increased its holdings in shares of Cirrus Logic by 1,660.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 264 shares of the semiconductor company’s stock worth $28,000 after buying an additional 249 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in Cirrus Logic during the second quarter valued at about $30,000. Ameritas Advisory Services LLC acquired a new stake in Cirrus Logic during the second quarter worth about $31,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Cirrus Logic in the 2nd quarter worth about $39,000. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of Cirrus Logic in the 3rd quarter worth about $46,000. 87.96% of the stock is owned by hedge funds and other institutional investors.

Cirrus Logic Company Profile

Cirrus Logic, Inc, headquartered in Austin, Texas, is a fabless semiconductor company specializing in high-precision analog and mixed-signal processing solutions. The firm develops low-power, high-performance audio, voice, and power management integrated circuits, serving prominent consumer electronics OEMs. Its semiconductor devices are designed to enhance audio quality, battery life, and system integration in mobile phones, tablets, wireless headsets and other portable devices.

The company’s product portfolio includes digital-to-analog converters (DACs), analog-to-digital converters (ADCs), audio codecs, power management ICs, voice processors and integrated amplifiers.