Cirrus Logic (CRUS) Stock Forecast, Price Target & Predictions
CRUS Stock Forecast
Cirrus Logic stock forecast is as follows: an average price target of $120.20 (represents a -2.91% downside from CRUS’s last price of $123.80) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
CRUS Price Target
The average price target for Cirrus Logic (CRUS) is $120.20 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $185.00 to $92.00. This represents a potential -2.91% downside from CRUS's last price of $123.80.
CRUS Analyst Ratings
According to 7 Wall Street analysts, Cirrus Logic's rating consensus is 'Buy'. The analyst rating breakdown for CRUS stock is 0 'Strong Buy' (0.00%), 5 'Buy' (71.43%), 2 'Hold' (28.57%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Cirrus Logic Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 07, 2024 | John Vinh | KeyBanc | $165.00 | $115.31 | 43.09% | 33.28% |
| Aug 07, 2024 | Tom O'Malley | Barclays | $140.00 | $115.31 | 21.41% | 13.09% |
| Jul 09, 2024 | John Vinh | KeyBanc | $155.00 | $130.43 | 18.84% | 25.20% |
| May 17, 2024 | Tore Svanberg | Stifel Nicolaus | $110.00 | $109.23 | 0.70% | -11.15% |
| May 08, 2023 | David Williams | Williams Trading | $95.00 | $78.31 | 21.30% | -23.26% |
| Feb 03, 2023 | - | Susquehanna | $110.00 | $102.53 | 7.29% | -11.15% |
| Feb 03, 2023 | - | Needham | $110.00 | $94.89 | 15.92% | -11.15% |
| Sep 09, 2022 | Laura Martin | Needham | $170.00 | $75.43 | 125.37% | 37.32% |
| Sep 09, 2022 | John Vinh | Loop Capital Markets | $185.00 | $75.43 | 145.26% | 49.43% |
| Feb 02, 2022 | Vivek Arya | Bank of America Securities | $92.00 | $85.32 | 7.83% | -25.69% |
The latest Cirrus Logic stock forecast, released on Aug 07, 2024 by John Vinh from KeyBanc, set a price target of $165.00, which represents a 43.09% increase from the stock price at the time of the forecast ($115.31), and a 33.28% increase from CRUS last price ($123.80).
Cirrus Logic Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 3 | 4 |
| Avg Price Target | - | $153.33 | $142.50 |
| Last Closing Price | $123.80 | $123.80 | $123.80 |
| Upside/Downside | -100.00% | 23.85% | 15.11% |
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 $123.80. 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
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 07, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Aug 07, 2024 | Barclays | Overweight | Overweight | Hold |
| Jul 17, 2024 | Susquehanna | Positive | Positive | Hold |
| Jul 09, 2024 | KeyBanc | Overweight | Overweight | Hold |
| May 16, 2024 | Benchmark | Buy | Hold | Downgrade |
| May 09, 2024 | Loop Capital Markets | Buy | Buy | Hold |
| May 08, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Nov 01, 2023 | Loop Capital Markets | - | Buy | Upgrade |
| May 08, 2023 | Benchmark | Buy | Buy | Hold |
| Feb 03, 2023 | Susquehanna | Positive | Positive | Hold |
Cirrus Logic's last stock rating was published by KeyBanc on Aug 07, 2024. The company gave CRUS a "Overweight" rating, the same as its previous rate.
Cirrus Logic Financial Forecast
Cirrus Logic Revenue Forecast
| Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $388.91M | $238.25M | $240.44M | $303.17M |
| Avg Forecast | $445.34M | $668.97M | $538.59M | $366.05M | $397.96M | $583.21M | $520.61M | $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 | $320.37M | $221.08M | $219.67M | $344.82M |
| High Forecast | $447.67M | $672.48M | $541.42M | $367.96M | $400.05M | $586.27M | $520.62M | $320.08M | $317.23M | $552.59M | $462.33M | $288.03M | $369.25M | $546.79M | $468.35M | $366.91M | $421.30M | $511.55M | $451.56M | $261.19M | $303.13M | $462.14M | $311.01M | $225.80M | $259.41M | $346.24M | $321.21M | $221.66M | $220.25M | $413.78M |
| Low Forecast | $444.51M | $667.73M | $537.59M | $365.37M | $397.22M | $582.12M | $519.65M | $317.82M | $314.99M | $549.11M | $434.56M | $285.99M | $366.64M | $542.93M | $465.04M | $365.61M | $419.81M | $509.74M | $449.96M | $260.26M | $302.05M | $460.50M | $309.91M | $225.00M | $258.49M | $345.01M | $320.07M | $220.87M | $219.47M | $275.85M |
| # Analysts | 3 | 2 | 2 | 2 | 2 | 3 | 5 | 3 | 2 | 4 | 8 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 | 10 | 7 | 7 | 17 |
| 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% | 1.21% | 1.08% | 1.09% | 0.88% |
Cirrus Logic's average Quarter revenue forecast for Mar 24 based on 2 analysts is $315.58M, with a low forecast of $314.99M, and a high forecast of $317.23M. 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 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 2 | 2 | 2 | 3 | 5 | 3 | 2 | 4 | 8 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 | 10 | 7 | 7 | 17 |
| 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 | $106.80M | $26.05M | $26.65M | $44.47M |
| Avg Forecast | $98.54M | $148.03M | $119.18M | $81.00M | $88.06M | $129.05M | $115.20M | $70.46M | $93.85M | $121.99M | $101.15M | $63.40M | $85.31M | $120.36M | $105.93M | $80.98M | $77.56M | $112.90M | $99.66M | $57.64M | $42.59M | $102.00M | $68.64M | $49.83M | $16.81M | $76.42M | $70.89M | $48.92M | $29.74M | $49.84M |
| High Forecast | $99.06M | $148.81M | $119.80M | $81.42M | $88.52M | $129.73M | $115.20M | $70.83M | $112.61M | $122.28M | $102.31M | $63.73M | $102.38M | $120.99M | $127.12M | $81.19M | $93.07M | $113.20M | $99.92M | $57.80M | $51.10M | $102.26M | $68.82M | $49.96M | $20.17M | $76.62M | $71.08M | $49.05M | $35.69M | $59.80M |
| Low Forecast | $98.36M | $147.75M | $118.96M | $80.85M | $87.90M | $128.81M | $114.99M | $70.33M | $75.08M | $121.51M | $96.16M | $63.28M | $68.25M | $120.14M | $84.75M | $80.90M | $62.05M | $112.79M | $99.57M | $57.59M | $34.07M | $101.90M | $68.58M | $49.79M | $13.45M | $76.34M | $70.83M | $48.87M | $23.79M | $39.87M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.37% | - | 0.28% | 1.74% | 1.17% | 1.28% | 0.89% | 1.61% | 1.43% | 1.14% | 0.55% | 0.93% | 1.40% | 1.15% | 0.65% | 1.52% | 1.21% | 1.51% | 0.53% | 0.90% | 0.89% |
2 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 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 2 | 2 | 2 | 3 | 5 | 3 | 2 | 4 | 8 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 | 10 | 7 | 7 | 17 |
| 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 | $76.21M | $4.62M | $6.16M | $12.00M |
| Avg Forecast | $77.56M | $161.86M | $117.33M | $54.38M | $67.36M | $135.62M | $112.64M | $34.23M | $72.41M | $130.18M | $85.93M | $22.64M | $65.83M | $110.81M | $79.66M | $46.00M | $59.85M | $118.98M | $90.54M | $21.52M | $27.06M | $103.42M | $49.93M | $16.79M | $6.50M | $63.22M | $52.56M | $8.13M | $6.67M | $13.45M |
| High Forecast | $78.09M | $162.97M | $118.13M | $54.75M | $67.81M | $136.54M | $114.33M | $34.46M | $86.90M | $130.82M | $87.61M | $22.79M | $79.00M | $111.56M | $95.60M | $46.15M | $71.81M | $119.39M | $90.85M | $21.60M | $32.47M | $103.78M | $50.10M | $16.84M | $7.80M | $63.44M | $52.74M | $8.15M | $8.00M | $16.14M |
| Low Forecast | $77.37M | $161.47M | $117.04M | $54.25M | $67.19M | $135.29M | $108.14M | $34.15M | $57.93M | $129.53M | $79.24M | $22.58M | $52.66M | $110.54M | $63.73M | $45.94M | $47.88M | $118.84M | $90.44M | $21.50M | $21.65M | $103.30M | $49.87M | $16.77M | $5.20M | $63.14M | $52.50M | $8.12M | $5.34M | $10.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.07% | - | 0.69% | -0.82% | 0.93% | 1.09% | 0.86% | 1.61% | 1.07% | 0.94% | 0.80% | 0.93% | 1.11% | 1.19% | 1.08% | 1.56% | 1.08% | 1.45% | 0.57% | 0.92% | 0.89% |
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 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 2 | 2 | 2 | 3 | 5 | 3 | 2 | 4 | 8 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 | 10 | 7 | 7 | 17 |
| 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 | $33.02M | $29.52M | $30.19M | $36.31M |
| Avg Forecast | $39.29M | $59.02M | $47.52M | $32.30M | $35.11M | $51.46M | $45.93M | $28.09M | $29.64M | $48.64M | $40.33M | $25.28M | $26.95M | $47.99M | $35.70M | $32.29M | $24.50M | $45.02M | $39.74M | $22.98M | $36.01M | $40.67M | $27.37M | $19.87M | $20.78M | $30.47M | $28.27M | $19.51M | $32.71M | $40.69M |
| High Forecast | $39.50M | $59.33M | $47.77M | $32.47M | $35.30M | $51.73M | $45.94M | $28.24M | $35.57M | $48.76M | $40.79M | $25.41M | $32.34M | $48.24M | $42.84M | $32.37M | $29.40M | $45.13M | $39.84M | $23.04M | $43.21M | $40.78M | $27.44M | $19.92M | $24.93M | $30.55M | $28.34M | $19.56M | $39.25M | $48.83M |
| Low Forecast | $39.22M | $58.91M | $47.43M | $32.24M | $35.05M | $51.36M | $45.85M | $28.04M | $23.72M | $48.45M | $38.34M | $25.23M | $21.56M | $47.90M | $28.56M | $32.26M | $19.60M | $44.97M | $39.70M | $22.96M | $28.81M | $40.63M | $27.34M | $19.85M | $16.62M | $30.44M | $28.24M | $19.49M | $26.17M | $32.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.77% | - | 1.40% | 1.40% | 0.78% | 1.11% | 1.20% | 1.61% | 0.85% | 0.96% | 1.53% | 0.93% | 0.80% | 1.14% | 1.49% | 1.56% | 1.19% | 1.17% | 1.51% | 0.92% | 0.89% |
Cirrus Logic's average Quarter SG&A projection for Mar 24 is $29.64M, based on 2 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 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 2 | 2 | 2 | 2 | 3 | 5 | 3 | 2 | 4 | 8 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 | 10 | 7 | 7 | 17 |
| 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 | $1.31 | $0.08 | $0.10 | $0.19 |
| Avg Forecast | $1.39 | $2.91 | $2.11 | $0.98 | $1.21 | $2.44 | $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 | $0.94 | $0.15 | $0.12 | $0.65 |
| High Forecast | $1.40 | $2.93 | $2.12 | $0.98 | $1.22 | $2.45 | $2.05 | $0.62 | $0.65 | $2.35 | $1.57 | $0.41 | $0.84 | $2.00 | $1.46 | $0.83 | $1.37 | $2.14 | $1.63 | $0.39 | $0.71 | $1.86 | $0.90 | $0.30 | $0.50 | $1.14 | $0.95 | $0.15 | $0.12 | $0.78 |
| Low Forecast | $1.39 | $2.90 | $2.10 | $0.97 | $1.21 | $2.43 | $1.94 | $0.61 | $0.64 | $2.33 | $1.42 | $0.41 | $0.84 | $1.99 | $1.44 | $0.83 | $1.37 | $2.13 | $1.62 | $0.39 | $0.71 | $1.86 | $0.90 | $0.30 | $0.49 | $1.13 | $0.94 | $0.15 | $0.12 | $0.52 |
| 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% | 1.39% | 0.55% | 0.86% | 0.29% |
According to 2 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 $0.65. This represents a -75.06% decrease compared to CRUS previous annual EPS of $2.57 (Dec 23).
Cirrus Logic Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SWKS | Skyworks Solutions | $96.75 | $133.74 | 38.23% | Hold |
| QRVO | Qorvo | $100.00 | $126.80 | 26.80% | Buy |
| LSCC | Lattice Semiconductor | $51.22 | $62.11 | 21.26% | Buy |
| MCHP | Microchip | $77.00 | $92.32 | 19.90% | Buy |
| ADI | Analog Devices | $225.35 | $225.96 | 0.27% | Buy |
| CRUS | Cirrus Logic | $123.80 | $120.20 | -2.91% | Buy |
CRUS Forecast FAQ
Is Cirrus Logic a good buy?
Yes, according to 7 Wall Street analysts, Cirrus Logic (CRUS) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 71.43% of CRUS's total ratings.
What is CRUS's price target?
Cirrus Logic (CRUS) average price target is $120.2 with a range of $92 to $185, implying a -2.91% from its last price of $123.8. The data is based on 7 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 down by -2.91% (from the last price of $123.8 to the average price target of $120.2), up by 49.43% based on the highest stock price target, and down by -25.69% based on the lowest stock price target.
Can Cirrus Logic stock reach $200?
CRUS's average twelve months analyst stock price target of $120.2 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 2025) are as follows: average revenue is $1.82B (high $1.83B, low $1.82B), average EBITDA is $402.77M (high $404.28M, low $402.02M), average net income is $349.85M (high $353.15M, low $344.77M), average SG&A $160.6M (high $161.2M, low $160.3M), and average EPS is $6.28 (high $6.34, low $6.19). CRUS's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $2.02B (high $2.03B, low $2.02B), average EBITDA is $446.75M (high $449.09M, low $445.92M), average net income is $411.13M (high $413.93M, low $410.14M), average SG&A $178.14M (high $179.07M, low $177.8M), and average EPS is $7.39 (high $7.44, low $7.37).
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 $392.59M by 30.68%. The company's net income was $176.7M, missing the average estimation of $302.3M by -41.55%. Apple's SG&A was $153.14M, beating the average forecast of $142.93M by 7.15%. 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 $121.99M by 37.34%. Cirrus Logic's net income was $138.72M, beating the average estimation of $130.18M by 6.57%. 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%