Cirrus Logic, Inc. Expected to Post Q1 2025 Earnings of $0.23 Per Share (NASDAQ:CRUS)

Cirrus Logic, Inc. (NASDAQ:CRUS) – Equities researchers at Zacks Research dropped their Q1 2025 EPS estimates for Cirrus Logic in a note issued to investors on Monday, April 22nd. Zacks Research analyst H. Sadavartia now expects that the semiconductor company will post earnings of $0.23 per share for the quarter, down from their prior forecast of $0.32. The consensus estimate for Cirrus Logic’s current full-year earnings is $4.79 per share. Zacks Research also issued estimates for Cirrus Logic’s Q3 2025 earnings at $2.11 EPS, Q4 2025 earnings at $0.73 EPS, FY2025 earnings at $4.36 EPS, Q1 2026 earnings at $0.25 EPS, Q2 2026 earnings at $1.51 EPS, Q3 2026 earnings at $1.79 EPS, Q4 2026 earnings at $0.83 EPS and FY2026 earnings at $4.38 EPS.

A number of other brokerages have also weighed in on CRUS. StockNews.com lowered Cirrus Logic from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Stifel Nicolaus increased their price objective on shares of Cirrus Logic from $95.00 to $100.00 and gave the company a “buy” rating in a research note on Wednesday, February 7th. Barclays boosted their target price on shares of Cirrus Logic from $90.00 to $95.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 16th. TheStreet upgraded shares of Cirrus Logic from a “c+” rating to a “b-” rating in a research note on Tuesday, January 23rd. Finally, TD Cowen lifted their price target on Cirrus Logic from $90.00 to $100.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 7th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $96.43.

Cirrus Logic Stock Down 0.3 %

NASDAQ CRUS opened at $84.25 on Wednesday. The business has a 50 day moving average price of $90.22 and a two-hundred day moving average price of $81.94. Cirrus Logic has a fifty-two week low of $65.02 and a fifty-two week high of $95.87. The stock has a market cap of $4.54 billion, a PE ratio of 26.75 and a beta of 1.00.

Cirrus Logic (NASDAQ:CRUS) last announced its quarterly earnings results on Tuesday, February 6th. The semiconductor company reported $2.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.83. Cirrus Logic had a net margin of 9.84% and a return on equity of 16.13%. The firm had revenue of $618.98 million during the quarter, compared to analysts’ expectations of $539.55 million.

Institutional Trading of Cirrus Logic

A number of large investors have recently modified their holdings of the company. MQS Management LLC grew its position in Cirrus Logic by 4.0% in the 3rd quarter. MQS Management LLC now owns 4,298 shares of the semiconductor company’s stock worth $318,000 after purchasing an additional 164 shares during the last quarter. Truvestments Capital LLC grew its holdings in Cirrus Logic by 5.2% in the 3rd quarter. Truvestments Capital LLC now owns 3,462 shares of the semiconductor company’s stock worth $256,000 after buying an additional 171 shares in the last quarter. Massachusetts Financial Services Co. MA increased its position in Cirrus Logic by 0.6% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 26,963 shares of the semiconductor company’s stock valued at $1,994,000 after acquiring an additional 172 shares during the period. Covestor Ltd raised its stake in Cirrus Logic by 13.2% during the 3rd quarter. Covestor Ltd now owns 1,492 shares of the semiconductor company’s stock valued at $110,000 after acquiring an additional 174 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its stake in shares of Cirrus Logic by 93.7% in the fourth quarter. Venturi Wealth Management LLC now owns 368 shares of the semiconductor company’s stock worth $31,000 after purchasing an additional 178 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Insider Activity at Cirrus Logic

In related news, CFO Venkatesh Nathamuni sold 1,000 shares of the stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $95.00, for a total transaction of $95,000.00. Following the sale, the chief financial officer now owns 1,587 shares in the company, valued at $150,765. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, CFO Venkatesh Nathamuni sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $95.00, for a total transaction of $95,000.00. Following the completion of the transaction, the chief financial officer now directly owns 1,587 shares of the company’s stock, valued at $150,765. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Justin E. Dougherty sold 3,280 shares of the business’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $91.40, for a total value of $299,792.00. Following the transaction, the senior vice president now owns 6,000 shares of the company’s stock, valued at approximately $548,400. The disclosure for this sale can be found here. Insiders sold a total of 7,530 shares of company stock valued at $700,292 in the last quarter. Insiders own 0.89% of the company’s stock.

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 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 digital signal processing; boosted amplifiers; 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.