Cirrus Logic (NASDAQ:CRUS) Issues Earnings Results

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

Cirrus Logic Stock Performance

Cirrus Logic stock traded down $6.92 during trading on Tuesday, reaching $103.71. The company had a trading volume of 932,388 shares, compared to its average volume of 498,881. The firm has a market capitalization of $5.54 billion, a PE ratio of 19.42 and a beta of 0.96. Cirrus Logic has a 1-year low of $69.23 and a 1-year high of $147.46. The firm’s 50-day simple moving average is $125.69 and its 200 day simple moving average is $122.09.

Insider Transactions at Cirrus Logic

In related news, VP Andrew Brannan sold 4,350 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $136.04, for a total transaction of $591,774.00. Following the completion of the sale, the vice president now directly owns 4,004 shares in the company, valued at approximately $544,704.16. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, VP Andrew Brannan sold 4,350 shares of the company’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $136.04, for a total value of $591,774.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Justin E. Dougherty sold 10,203 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the senior vice president now owns 4,838 shares in the company, valued at $637,212.98. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.02% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. StockNews.com downgraded shares of Cirrus Logic from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 9th. Susquehanna dropped their price objective on shares of Cirrus Logic from $160.00 to $135.00 and set a “positive” rating on the stock in a report on Tuesday. Barclays reduced their target price on shares of Cirrus Logic from $120.00 to $105.00 and set an “equal weight” rating for the company in a report on Tuesday. Stifel Nicolaus decreased their target price on shares of Cirrus Logic from $165.00 to $140.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, KeyCorp increased their price target on Cirrus Logic from $155.00 to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 7th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $132.00.

About Cirrus Logic

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.