CRUS leverages a $1.2B cash pile and zero debt to fuel diversification beyond smartphones, targeting new markets and long-term growth.
Cirrus Logic (CRUS) delivered record FY26 revenue of $2.0B and robust EPS growth, supported by strong smartphone and PC demand. Apple's inclusion of CRUS for its future vendor lists and green-lighting of battery-enhancing products signals major new product opportunities. Development of smart power ICs for 3D sensing and advanced battery applications positions CRUS for long-term growth beyond core audio.
Cirrus Logic, Inc. is rated Hold with a $154 price target, reflecting limited upside as shares trade near the upper end of historical EV/aEBITDA multiples. CRUS benefits from operational momentum, strong Apple partnership through 2030, and strategic R&D investments targeting industrial automation and AI-enabled devices. Financial flexibility is robust, with $888M in cash, no debt, and active share repurchases, supporting potential R&D expansion or acquisitions.
Cirrus Logic beat fiscal Q4 2026 EPS estimates as smartphone demand, PC growth and expansion into new silicon categories fueled fiscal 2026 revenue growth.
Cirrus Logic, Inc. (CRUS) Q4 2026 Earnings Call Transcript
Cirrus Logic (CRUS) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.76 per share. This compares to earnings of $1.67 per share a year ago.
CRUS gains from a stronger product mix as boosted amplifiers, smart codecs and PC design wins support growth across smartphones, laptops and AI PCs.
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Cirrus Logic (CRUS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
CRUS stands out with strong stock gains, rising estimates and lower valuation, while QCOM faces supply constraints and cautious demand headwinds.
Cirrus Logic, Inc. (NASDAQ: CRUS - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $171.03 and last traded at $169.77, with a volume of 810767 shares changing hands. The stock had previously closed at $168.38. Analysts Set New Price Targets Several brokerages