The average of price targets set by Wall Street analysts indicates a potential upside of 29.3% in Cirrus Logic (CRUS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Explore how Cirrus Logic's (CRUS) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Mid-cap fabless semiconductor company Cirrus Logic, Inc. NASDAQ: CRUS saw its stock climb nearly 7% on Wednesday following an impressive earnings beat reported in the after-hours on Tuesday. The strong results prompted multiple analyst upgrades, including one from Benchmark, which cited a solid Q3 performance and a promising outlook.
Shares of semiconductor company Cirrus Logic (CRUS 6.60%) jumped on Wednesday after the company reported financial results for its fiscal third quarter of 2025. As of 12:30 p.m.
CRUS' fiscal Q3 2025 performance is powered by solid momentum in the smartphone and laptop markets and a diversified market footprint.
Cirrus Logic, Inc. (NASDAQ:CRUS ) Q3 2025 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Chelsea Heffernan - VP, IR John Forsyth - President and CEO Ulf Habermann - Interim CFO Conference Call Participants Tore Svanberg - Stifel Thomas O'Malley - Barclays David Williams - The Benchmark Company Christopher Rolland - Susquehanna Gary Mobley - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Third Quarter Fiscal Year 2025 Financial Results Q&A Session.
Cirrus Logic (CRUS) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.89 per share a year ago.
Cirrus Logic (CRUS 2.10%), a leading provider of low-power, high-precision mixed-signal processing solutions, recently announced its earnings for the third quarter of fiscal year 2025 on February 4, 2025.
Cirrus Logic's December quarter revenue is estimated at $550 million, driven by reasonable Apple iPhone sales and ASP increases from new amplifiers and codecs. Risks include potential declines in iPhone sales in China and uncertainties in future ASP gains, but Cirrus remains a buy at current prices. March quarter guidance is challenging due to possible weak China sales and other issues, but new parts and partnerships with Samsung and Intel could boost revenue.
Cirrus Logic and Intel collaborate on advanced PC audio solutions for Intel Core Ultra processors.
CRUS' freshly launched timing solutions are set to bolster audio performance in professional audio and automotive environments.
Cirrus Logic (CRUS) reported earnings 30 days ago. What's next for the stock?