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 $118.20 (represents a 6.84% upside from CRUS’s last price of $110.63) 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 $118.20 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 6.84% upside from CRUS's last price of $110.63.

CRUS Analyst Ratings


Buy

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%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 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
Oct 10, 2024Tom O'MalleyBarclays$120.00$121.21-1.00%8.47%
Aug 07, 2024John VinhKeyBanc$165.00$115.3143.09%49.15%
Aug 07, 2024Tom O'MalleyBarclays$140.00$115.3121.41%26.55%
Jul 09, 2024John VinhKeyBanc$155.00$130.4318.84%40.11%
May 17, 2024Tore SvanbergStifel Nicolaus$110.00$109.230.70%-0.57%
May 08, 2023David WilliamsWilliams Trading$95.00$78.3121.30%-14.13%
Feb 03, 2023-Susquehanna$110.00$102.537.29%-0.57%
Feb 03, 2023-Needham$110.00$94.8915.92%-0.57%
Sep 09, 2022Laura MartinNeedham$170.00$75.43125.37%53.67%
Sep 09, 2022John VinhLoop Capital Markets$185.00$75.43145.26%67.22%
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The latest Cirrus Logic stock forecast, released on Oct 10, 2024 by Tom O'Malley from Barclays, set a price target of $120.00, which represents a -1.00% decrease from the stock price at the time of the forecast ($121.21), and a 8.47% increase from CRUS last price ($110.63).

Cirrus Logic Price Target by Period


1M3M12M
# Anlaysts135
Avg Price Target$120.00$141.67$138.00
Last Closing Price$110.63$110.63$110.63
Upside/Downside8.47%28.06%24.74%

In the current month, the average price target of Cirrus Logic stock is $120.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 8.47% increase as opposed to Cirrus Logic's last price of $110.63. This month's average price target is down -15.30% compared to last quarter, and down -13.04% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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 Markets-BuyUpgrade
May 08, 2023BenchmarkBuyBuyHold
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Cirrus Logic's last stock rating was published by Barclays on Oct 10, 2024. The company Downgrade its CRUS rating from "Overweight" to "Equal-Weight".

Cirrus Logic Financial Forecast


Cirrus Logic Revenue Forecast

Mar 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 19Sep 19Jun 19Mar 19Mar 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$446.34M$670.49M$538.99M$368.69M$399.16M$595.74M$520.53M$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$446.34M$670.49M$538.99M$368.69M$399.16M$595.74M$520.54M$318.41M$315.58M$552.59M$462.33M$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$413.78M
Low Forecast$446.34M$670.49M$538.99M$368.69M$399.16M$595.74M$520.53M$318.41M$315.58M$549.11M$434.56M$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$275.85M
# Analysts2111124224844333344444158107107717
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 $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 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 19Sep 19Jun 19Mar 19Mar 18
# Analysts2111124224844333344444158107107717
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$98.77M$148.37M$119.27M$81.58M$88.33M$131.83M$115.18M$70.46M$93.85M$121.99M$101.15M$63.40M$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$70.89M$48.92M$29.74M$49.84M
High Forecast$98.77M$148.37M$119.27M$81.58M$88.33M$131.83M$115.19M$70.46M$112.61M$122.28M$102.31M$63.40M$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$70.89M$48.92M$35.69M$59.80M
Low Forecast$98.77M$148.37M$119.27M$81.58M$88.33M$131.83M$115.18M$70.46M$75.08M$121.51M$96.16M$63.40M$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$70.89M$48.92M$23.79M$39.87M
Surprise %---------1.37%-0.28%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%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 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 19Sep 19Jun 19Mar 19Mar 18
# Analysts2111124224844333344444158107107717
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$81.36M$164.18M$119.28M$56.05M$67.54M$139.90M$112.35M$34.23M$72.41M$130.18M$85.93M$22.64M$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$52.56M$8.13M$6.67M$13.45M
High Forecast$81.36M$164.18M$119.28M$56.05M$67.54M$139.90M$112.35M$34.23M$86.90M$130.82M$87.61M$22.64M$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$52.56M$8.13M$8.00M$16.14M
Low Forecast$81.36M$164.18M$119.28M$56.05M$67.54M$139.90M$111.80M$34.23M$57.93M$129.53M$79.24M$22.64M$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$52.56M$8.13M$5.34M$10.76M
Surprise %---------1.07%-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%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 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 19Sep 19Jun 19Mar 19Mar 18
# Analysts2111124224844333344444158107107717
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$39.38M$59.16M$47.56M$32.53M$35.22M$52.56M$45.93M$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$28.27M$19.51M$32.71M$40.69M
High Forecast$39.38M$59.16M$47.56M$32.53M$35.22M$52.56M$45.93M$28.09M$35.57M$48.76M$40.79M$25.28M$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$28.27M$19.51M$39.25M$48.83M
Low Forecast$39.38M$59.16M$47.56M$32.53M$35.22M$52.56M$45.93M$28.09M$23.72M$48.45M$38.34M$25.28M$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$28.27M$19.51M$26.17M$32.55M
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%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 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 19Sep 19Jun 19Mar 19Mar 18
# Analysts2111124224844333344444158107107717
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$1.46$2.95$2.14$1.01$1.21$2.51$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$1.46$2.95$2.14$1.01$1.21$2.51$2.02$0.61$0.64$2.35$1.57$0.41$0.84$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$0.94$0.15$0.12$0.78
Low Forecast$1.46$2.95$2.14$1.01$1.21$2.51$2.01$0.61$0.64$2.33$1.42$0.41$0.84$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$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 $0.64. 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
QRVOQorvo$71.37$117.5764.73%Hold
SWKSSkyworks Solutions$87.95$132.5250.68%Hold
MCHPMicrochip$74.47$90.5321.57%Buy
LSCCLattice Semiconductor$51.89$62.1119.70%Buy
CRUSCirrus Logic$110.63$118.206.84%Buy
ADIAnalog Devices$224.19$224.640.20%Buy

CRUS Forecast FAQ


Yes, according to 7 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 57.14% of CRUS's total ratings.

Cirrus Logic (CRUS) average price target is $118.2 with a range of $92 to $185, implying a 6.84% from its last price of $110.63. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for CRUS stock, the company can go up by 6.84% (from the last price of $110.63 to the average price target of $118.2), up by 67.22% based on the highest stock price target, and down by -16.84% based on the lowest stock price target.

CRUS's average twelve months analyst stock price target of $118.2 does not support the claim that Cirrus Logic can reach $200 in the near future.

1 Wall Street analyst forecast a $120 price target for Cirrus Logic (CRUS) this month, up 8.47% from its last price of $110.63. Compared to the last 3 and 12 months, the average price target increased by 28.06% and increased by 24.74%, respectively.

Cirrus Logic's analysts financial forecasts for the fiscal year (Mar 2025) are as follows: average revenue is $1.83B (high $1.83B, low $1.83B), average EBITDA is $405.79M (high $405.79M, low $405.79M), average net income is $354.03M (high $354.03M, low $353.47M), average SG&A $161.8M (high $161.8M, low $161.8M), and average EPS is $6.36 (high $6.36, low $6.35). CRUS's analysts financial forecasts for the fiscal year (Mar 2026) are as follows: average revenue is $2.02B (high $2.02B, low $2.02B), average EBITDA is $447.98M (high $447.98M, low $447.98M), average net income is $420.87M (high $420.87M, low $420.87M), average SG&A $178.63M (high $178.63M, low $178.63M), and average EPS is $7.56 (high $7.56, low $7.56).

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 $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%