Cirrus Logic (CRUS) Stock Forecast, Price Target & Predictions


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CRUS Stock Forecast


Cirrus Logic stock forecast is as follows: an average price target of $132.80 (represents a 32.06% upside from CRUS’s last price of $100.56) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

CRUS Price Target


The average price target for Cirrus Logic (CRUS) is $132.80 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $165.00 to $109.00. This represents a potential 32.06% upside from CRUS's last price of $100.56.

CRUS Analyst Ratings


Buy

According to 8 Wall Street analysts, Cirrus Logic's rating consensus is 'Buy'. The analyst rating breakdown for CRUS stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 4 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Cirrus Logic Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 12, 2024Gary MobleyLoop Capital Markets$130.00$102.7526.52%29.28%
Nov 05, 2024Angelo ZinoCFRA$109.00$102.756.08%8.39%
Nov 05, 2024Tore SvanbergStifel Nicolaus$140.00$102.7536.25%39.22%
Oct 10, 2024Tom O'MalleyBarclays$120.00$121.21-1.00%19.33%
Aug 07, 2024John VinhKeyBanc$165.00$115.3143.09%64.08%
Aug 07, 2024Tom O'MalleyBarclays$140.00$115.3121.41%39.22%
Jul 09, 2024John VinhKeyBanc$155.00$130.4318.84%54.14%
May 17, 2024Tore SvanbergStifel Nicolaus$110.00$109.230.70%9.39%
May 08, 2023David WilliamsWilliams Trading$95.00$78.3121.30%-5.53%
Feb 03, 2023Susquehanna$110.00$102.537.29%9.39%
Feb 03, 2023Needham$110.00$94.8915.92%9.39%
Sep 09, 2022John VinhLoop Capital Markets$185.00$75.43145.26%83.97%
Sep 09, 2022Laura MartinNeedham$170.00$75.43125.37%69.05%
Feb 02, 2022Vivek AryaBank of America Securities$92.00$85.327.83%-8.51%
Jun 09, 2021Ruben RoyWestpark Capital$95.00$77.9621.86%-5.53%
Apr 30, 2021Weston TwiggPiper Sandler$100.00$74.4134.39%-0.56%

The latest Cirrus Logic stock forecast, released on Nov 12, 2024 by Gary Mobley from Loop Capital Markets, set a price target of $130.00, which represents a 26.52% increase from the stock price at the time of the forecast ($102.75), and a 29.28% increase from CRUS last price ($100.56).

Cirrus Logic Price Target by Period


1M3M12M
# Anlaysts-48
Avg Price Target-$124.75$133.63
Last Closing Price$100.56$100.56$100.56
Upside/Downside-100.00%24.06%32.89%

In the current month, the average price target of Cirrus Logic stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cirrus Logic's last price of $100.56. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 12, 2024Loop Capital MarketsBuyBuyInitialise
Nov 05, 2024CFRAHoldHoldHold
Oct 10, 2024BarclaysOverweightEqual-WeightDowngrade
Aug 07, 2024KeyBancOverweightOverweightHold
Aug 07, 2024BarclaysOverweightOverweightHold
Jul 17, 2024SusquehannaPositivePositiveHold
Jul 09, 2024KeyBancOverweightOverweightHold
May 16, 2024BenchmarkBuyHoldDowngrade
May 09, 2024Loop Capital MarketsBuyBuyHold
May 08, 2024Cowen & Co.BuyBuyHold
Nov 01, 2023Loop Capital MarketsBuyUpgrade
May 08, 2023BenchmarkBuyBuyHold
Feb 03, 2023SusquehannaPositivePositiveHold
Feb 03, 2023Cowen & Co.OutperformOutperformHold
Feb 03, 2023BenchmarkBuyBuyHold
Nov 17, 2022BarclaysOverweightOverweightHold
Apr 26, 2022Zacks Investment ResearchHoldDowngrade

Cirrus Logic's last stock rating was published by Loop Capital Markets on Nov 12, 2024. The company gave CRUS a "Buy" rating, the same as its previous rate.

Cirrus Logic Financial Forecast


Cirrus Logic Revenue Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Revenue-------------$618.98M-$317.02M$372.82M$590.58M$540.57M$393.64M$489.97M$548.35M$465.89M$277.25M$293.54M$485.80M$347.32M$242.57M$279.29M$374.67M
Avg Forecast$492.60M$735.23M$574.39M$393.27M$413.44M$603.20M$503.47M$344.08M$360.39M$510.27M$520.44M$318.41M$315.58M$551.31M$457.13M$286.53M$367.32M$543.94M$465.91M$365.95M$420.20M$510.21M$450.38M$260.50M$302.34M$460.93M$310.20M$225.21M$258.73M$345.33M
High Forecast$502.84M$750.51M$586.34M$401.45M$422.04M$615.74M$513.94M$351.23M$360.50M$510.28M$524.45M$318.41M$315.58M$552.59M$462.33M$292.48M$374.96M$555.25M$465.91M$365.95M$420.20M$510.21M$450.38M$260.50M$302.34M$460.93M$310.20M$225.21M$258.73M$345.33M
Low Forecast$486.03M$725.42M$566.73M$388.03M$407.93M$595.15M$496.76M$339.49M$360.34M$503.47M$516.44M$318.41M$315.58M$549.11M$434.56M$282.71M$362.42M$536.69M$465.91M$365.95M$420.20M$510.21M$450.38M$260.50M$302.34M$460.93M$310.20M$225.21M$258.73M$345.33M
# Analysts33333222443334847333344444158107
Surprise %-------------1.12%-1.11%1.01%1.09%1.16%1.08%1.17%1.07%1.03%1.06%0.97%1.05%1.12%1.08%1.08%1.08%

Cirrus Logic's average Quarter revenue forecast for Mar 24 based on 3 analysts is $315.58M, with a low forecast of $315.58M, and a high forecast of $315.58M. CRUS's average Quarter revenue forecast represents a -49.02% decrease compared to the company's last Quarter revenue of $618.98M (Dec 23).

Cirrus Logic EBITDA Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts33333222443334847333344444158107
EBITDA-------------$167.55M-$17.79M$148.79M$141.38M$135.26M$71.82M$124.95M$161.67M$113.16M$31.78M$39.78M$142.54M$78.69M$32.37M$25.47M$92.23M
Avg Forecast$101.19M$151.03M$117.99M$80.78M$84.93M$123.91M$103.42M$70.68M$74.03M$104.82M$106.91M$65.41M$93.85M$113.25M$93.90M$58.86M$85.31M$144.60M$103.10M$80.98M$77.56M$112.90M$99.66M$57.64M$42.59M$102.00M$68.64M$49.83M$16.81M$76.42M
High Forecast$103.29M$154.17M$120.44M$82.46M$86.69M$126.48M$105.57M$72.15M$74.05M$104.82M$107.73M$65.41M$112.61M$113.51M$94.97M$60.08M$102.38M$173.52M$103.10M$80.98M$93.07M$112.90M$99.66M$57.64M$51.10M$102.00M$68.64M$49.83M$20.17M$76.42M
Low Forecast$99.84M$149.01M$116.42M$79.71M$83.80M$122.26M$102.04M$69.74M$74.02M$103.42M$106.09M$65.41M$75.08M$112.80M$89.27M$58.07M$68.25M$115.68M$103.10M$80.98M$62.05M$112.90M$99.66M$57.64M$34.07M$102.00M$68.64M$49.83M$13.45M$76.42M
Surprise %-------------1.48%-0.30%1.74%0.98%1.31%0.89%1.61%1.43%1.14%0.55%0.93%1.40%1.15%0.65%1.52%1.21%

3 analysts predict CRUS's average Quarter EBITDA for Mar 24 to be $93.85M, with a high of $112.61M and a low of $75.08M. This is -43.99% lower than Cirrus Logic's previous annual EBITDA (Dec 23) of $167.55M.

Cirrus Logic Net Income Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts33333222443334847333344444158107
Net Income-------------$138.72M-$15.60M$-53.67M$103.48M$87.19M$39.71M$96.41M$127.64M$85.10M$17.21M$25.28M$114.37M$59.49M$18.21M$10.16M$68.51M
Avg Forecast$93.74M$189.72M$127.78M$57.47M$70.79M$147.23M$110.72M$46.19M$54.47M$113.51M$112.56M$34.31M$72.41M$130.49M$86.14M$22.69M$65.83M$114.16M$80.49M$46.00M$59.85M$118.98M$90.54M$21.52M$27.06M$103.42M$49.93M$16.79M$6.50M$63.22M
High Forecast$96.28M$194.85M$131.24M$59.03M$72.71M$151.21M$113.71M$47.44M$56.65M$116.58M$113.65M$34.32M$86.90M$131.14M$87.82M$23.31M$79.00M$136.99M$80.49M$46.00M$71.81M$118.98M$90.54M$21.52M$32.47M$103.42M$49.93M$16.79M$7.80M$63.22M
Low Forecast$92.12M$186.43M$125.57M$56.48M$69.57M$144.68M$108.80M$45.39M$53.38M$111.54M$111.46M$34.31M$57.93M$129.84M$79.43M$22.30M$52.66M$91.33M$80.49M$46.00M$47.88M$118.98M$90.54M$21.52M$21.65M$103.42M$49.93M$16.79M$5.20M$63.22M
Surprise %-------------1.06%-0.69%-0.82%0.91%1.08%0.86%1.61%1.07%0.94%0.80%0.93%1.11%1.19%1.08%1.56%1.08%

Cirrus Logic's average Quarter net income forecast for Mar 24 is $72.41M, with a range of $57.93M to $86.90M. CRUS's average Quarter net income forecast represents a -47.80% decrease compared to the company's last Quarter net income of $138.72M (Dec 23).

Cirrus Logic SG&A Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts33333222443334847333344444158107
SG&A-------------$37.60M-$35.38M$37.64M$37.26M$39.60M$38.64M$39.47M$38.25M$38.13M$35.15M$33.64M$32.41M$31.25M$29.70M$32.46M$36.11M
Avg Forecast$43.46M$64.87M$50.68M$34.70M$36.48M$53.22M$44.42M$30.36M$31.80M$45.02M$45.92M$28.09M$29.64M$48.64M$40.33M$25.28M$26.95M$34.21M$41.11M$32.29M$24.50M$45.02M$39.74M$22.98M$36.01M$40.67M$27.37M$19.87M$20.78M$30.47M
High Forecast$44.37M$66.22M$51.73M$35.42M$37.24M$54.33M$45.35M$30.99M$31.81M$45.02M$46.27M$28.09M$35.57M$48.76M$40.79M$25.81M$32.34M$41.05M$41.11M$32.29M$29.40M$45.02M$39.74M$22.98M$43.21M$40.67M$27.37M$19.87M$24.93M$30.47M
Low Forecast$42.88M$64.01M$50.00M$34.24M$35.99M$52.51M$43.83M$29.95M$31.79M$44.42M$45.57M$28.09M$23.72M$48.45M$38.34M$24.94M$21.56M$27.37M$41.11M$32.29M$19.60M$45.02M$39.74M$22.98M$28.81M$40.67M$27.37M$19.87M$16.62M$30.47M
Surprise %-------------0.77%-1.40%1.40%1.09%0.96%1.20%1.61%0.85%0.96%1.53%0.93%0.80%1.14%1.49%1.56%1.19%

Cirrus Logic's average Quarter SG&A projection for Mar 24 is $29.64M, based on 3 Wall Street analysts, with a range of $23.72M to $35.57M. The forecast indicates a -21.17% fall compared to CRUS last annual SG&A of $37.60M (Dec 23).

Cirrus Logic EPS Forecast

Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
# Analysts33333222443334847333344444158107
EPS-------------$2.57-$0.28$-0.97$1.87$1.56$0.71$1.69$2.23$1.48$0.30$0.44$1.97$1.02$0.31$0.17$1.18
Avg Forecast$1.68$3.40$2.29$1.03$1.27$2.64$1.98$0.83$0.98$2.03$2.02$0.61$0.64$2.34$1.54$0.41$0.84$1.99$1.45$0.83$1.37$2.14$1.63$0.39$0.71$1.86$0.90$0.30$0.50$1.14
High Forecast$1.73$3.49$2.35$1.06$1.30$2.71$2.04$0.85$1.02$2.09$2.04$0.61$0.64$2.35$1.57$0.42$0.86$2.01$1.45$0.83$1.40$2.14$1.63$0.39$0.71$1.86$0.90$0.30$0.50$1.14
Low Forecast$1.65$3.34$2.25$1.01$1.25$2.59$1.95$0.81$0.96$2.00$2.00$0.61$0.64$2.33$1.42$0.40$0.82$1.97$1.45$0.83$1.34$2.14$1.63$0.39$0.71$1.86$0.90$0.30$0.50$1.14
Surprise %-------------1.10%-0.69%-1.16%0.94%1.08%0.86%1.24%1.04%0.91%0.78%0.62%1.06%1.14%1.03%0.34%1.04%

According to 3 Wall Street analysts, Cirrus Logic's projected average Quarter EPS for Mar 24 is $0.64, with a low estimate of $0.64 and a high estimate of $0.64. This represents a -75.06% decrease compared to CRUS previous annual EPS of $2.57 (Dec 23).

Cirrus Logic Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
MCHPMicrochip$58.29$89.1352.91%Buy
QRVOQorvo$70.95$101.5643.14%Hold
CRUSCirrus Logic$103.31$132.8028.55%Buy
SWKSSkyworks Solutions$90.74$104.2914.93%Hold
ADIAnalog Devices$213.82$240.0012.24%Buy
LSCCLattice Semiconductor$62.77$52.78-15.92%Buy

CRUS Forecast FAQ


Is Cirrus Logic a good buy?

Yes, according to 8 Wall Street analysts, Cirrus Logic (CRUS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 50.00% of CRUS's total ratings.

What is CRUS's price target?

Cirrus Logic (CRUS) average price target is $132.8 with a range of $109 to $165, implying a 32.06% from its last price of $100.56. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Cirrus Logic stock go up soon?

According to Wall Street analysts' prediction for CRUS stock, the company can go up by 32.06% (from the last price of $100.56 to the average price target of $132.8), up by 64.08% based on the highest stock price target, and up by 8.39% based on the lowest stock price target.

Can Cirrus Logic stock reach $200?

CRUS's average twelve months analyst stock price target of $132.8 does not support the claim that Cirrus Logic can reach $200 in the near future.

What are Cirrus Logic's analysts' financial forecasts?

Cirrus Logic's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $1.86B (high $1.9B, low $1.84B), average EBITDA is $382.94M (high $390.9M, low $377.83M), average net income is $374.94M (high $385.08M, low $368.44M), average SG&A $164.48M (high $167.9M, low $162.29M), and average EPS is $6.72 (high $6.9, low $6.6). CRUS's analysts financial forecasts for the fiscal year (Mar 2027) are as follows: average revenue is $2.2B (high $2.24B, low $2.17B), average EBITDA is $450.99M (high $460.37M, low $444.98M), average net income is $468.72M (high $481.39M, low $460.59M), average SG&A $193.71M (high $197.74M, low $191.13M), and average EPS is $8.4 (high $8.63, low $8.25).

Did the CRUS's actual financial results beat the analysts' financial forecasts?

Based on Cirrus Logic's last annual report (Mar 2023), the company's revenue was $1.9B, beating the average analysts forecast of $1.74B by 8.86%. Apple's EBITDA was $513.02M, beating the average prediction of $413.99M by 23.92%. The company's net income was $176.7M, missing the average estimation of $306.47M by -42.34%. Apple's SG&A was $153.14M, beating the average forecast of $134.55M by 13.82%. Lastly, the company's EPS was $3.18, missing the average prediction of $5.1 by -37.66%. In terms of the last quarterly report (Dec 2023), Cirrus Logic's revenue was $618.98M, beating the average analysts' forecast of $551.31M by 12.27%. The company's EBITDA was $167.55M, beating the average prediction of $113.25M by 47.95%. Cirrus Logic's net income was $138.72M, beating the average estimation of $130.49M by 6.31%. The company's SG&A was $37.6M, missing the average forecast of $48.64M by -22.69%. Lastly, the company's EPS was $2.57, beating the average prediction of $2.34 by 9.90%