Cirrus Logic (NASDAQ:CRUS) Posts Earnings Results, Misses Estimates By $0.21 EPS

Cirrus Logic (NASDAQ:CRUSGet Free Report) announced its quarterly earnings data on Tuesday. The semiconductor company reported $2.15 earnings per share for the quarter, missing analysts’ consensus estimates of $2.36 by ($0.21), Zacks reports. Cirrus Logic had a net margin of 17.19% and a return on equity of 18.15%. Cirrus Logic updated its Q4 2025 guidance to EPS.

Cirrus Logic Trading Down 6.3 %

Shares of Cirrus Logic stock traded down $6.85 during trading hours on Thursday, reaching $102.49. 192,740 shares of the company’s stock were exchanged, compared to its average volume of 718,085. Cirrus Logic has a 52-week low of $81.30 and a 52-week high of $147.46. The firm has a market capitalization of $5.45 billion, a price-to-earnings ratio of 17.46 and a beta of 0.91. The company has a fifty day moving average of $102.51 and a 200-day moving average of $116.16.

Insider Activity at Cirrus Logic

In related news, EVP Jeffrey W. Baumgartner sold 2,051 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $100.00, for a total value of $205,100.00. Following the completion of the sale, the executive vice president now directly owns 8,330 shares in the company, valued at approximately $833,000. This represents a 19.76 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.02% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on CRUS shares. Susquehanna lifted their price objective on Cirrus Logic from $135.00 to $140.00 and gave the company a “positive” rating in a report on Monday, November 18th. StockNews.com raised Cirrus Logic from a “hold” rating to a “buy” rating in a research note on Tuesday, December 3rd. Benchmark raised Cirrus Logic from a “hold” rating to a “buy” rating and set a $125.00 price target on the stock in a research note on Wednesday. Loop Capital started coverage on Cirrus Logic in a research report on Tuesday, November 12th. They set a “buy” rating and a $130.00 price objective for the company. Finally, Barclays lifted their price objective on Cirrus Logic from $105.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $132.86.

Get Our Latest Analysis on CRUS

Cirrus Logic Company Profile

(Get Free Report)

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.

See Also

Earnings History for Cirrus Logic (NASDAQ:CRUS)

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