Cirrus Logic (NASDAQ:CRUS) Announces Earnings Results

Cirrus Logic (NASDAQ:CRUS) issued 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. Cirrus Logic had a net margin of 17.19% and a return on equity of 18.42%. The firm had revenue of $541.90 million for the quarter, compared to analysts’ expectations of $520.53 million. During the same quarter last year, the company posted $1.43 earnings per share. Cirrus Logic’s revenue was up 12.6% on a year-over-year basis. Cirrus Logic updated its Q3 2025 guidance to EPS.

Cirrus Logic Price Performance

NASDAQ CRUS traded down $0.10 on Thursday, hitting $104.01. 200,916 shares of the stock were exchanged, compared to its average volume of 504,919. Cirrus Logic has a 52-week low of $69.23 and a 52-week high of $147.46. The company has a market capitalization of $5.56 billion, a price-to-earnings ratio of 17.71 and a beta of 0.96. The company’s 50-day moving average price is $124.13 and its two-hundred day moving average price is $122.11.

Insiders Place Their Bets

In other Cirrus Logic news, VP Andrew Brannan sold 4,350 shares of Cirrus Logic stock in a transaction that occurred on 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 approximately $544,704.16. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Cirrus Logic news, VP Andrew Brannan sold 4,350 shares of Cirrus Logic stock in a transaction that occurred on 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 approximately $544,704.16. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Justin E. Dougherty sold 10,203 shares of Cirrus Logic stock in a transaction on Friday, August 9th. The shares were sold at an average price of $131.71, for a total transaction of $1,343,837.13. Following the sale, the senior vice president now directly owns 4,838 shares of the company’s stock, valued at $637,212.98. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.02% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on CRUS. Stifel Nicolaus cut their price target on Cirrus Logic from $165.00 to $140.00 and set a “buy” rating on the stock in a report on Tuesday. Susquehanna dropped their target price on Cirrus Logic from $160.00 to $135.00 and set a “positive” rating on the stock in a report on Tuesday. Barclays dropped their target price on Cirrus Logic from $120.00 to $105.00 and set an “equal weight” rating on the stock in a report on Tuesday. StockNews.com cut Cirrus Logic from a “buy” rating to a “hold” rating in a report on Wednesday. Finally, KeyCorp boosted their target price on Cirrus Logic from $155.00 to $165.00 and gave the stock an “overweight” rating in a report on Wednesday, August 7th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Cirrus Logic currently has a consensus rating of “Moderate Buy” and an average price target 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.