Cirrus Logic (CRUS) Expected to Announce Quarterly Earnings on Tuesday

Cirrus Logic (NASDAQ:CRUS) will likely be issuing its quarterly earnings data after the market closes on Tuesday, February 4th. Analysts expect the company to announce earnings of $2.36 per share and revenue of $510,271.50 billion for the quarter. Cirrus Logic has set its Q3 2025 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Cirrus Logic (NASDAQ:CRUS) last posted its quarterly earnings data on Monday, November 4th. The semiconductor company reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.02 by $0.23. Cirrus Logic had a return on equity of 18.15% and a net margin of 17.19%. The business had revenue of $541.90 million for the quarter, compared to analysts’ expectations of $520.53 million. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The business’s revenue was up 12.6% on a year-over-year basis. On average, analysts expect Cirrus Logic to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Cirrus Logic Trading Down 2.0 %

CRUS stock opened at $99.42 on Tuesday. The stock’s fifty day simple moving average is $102.93 and its two-hundred day simple moving average is $117.85. Cirrus Logic has a 1-year low of $75.92 and a 1-year high of $147.46. The stock has a market cap of $5.28 billion, a P/E ratio of 16.85 and a beta of 0.92.

Analysts Set New Price Targets

CRUS has been the topic of several research analyst reports. Stifel Nicolaus cut their price objective on Cirrus Logic from $165.00 to $140.00 and set a “buy” rating on the stock in a research report on Tuesday, November 5th. Barclays lowered their target price on Cirrus Logic from $120.00 to $105.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 5th. Loop Capital assumed coverage on Cirrus Logic in a research note on Tuesday, November 12th. They issued a “buy” rating and a $130.00 target price on the stock. StockNews.com upgraded Cirrus Logic from a “hold” rating to a “buy” rating in a research note on Tuesday, December 3rd. Finally, Susquehanna boosted their target price on Cirrus Logic from $135.00 to $140.00 and gave the company a “positive” rating in a research note on Monday, November 18th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Cirrus Logic currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.50.

Cirrus Logic Company Profile

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.