Cirrus Logic (CRUS) Stock Forecast, Price Target & Predictions
CRUS Stock Forecast
Cirrus Logic stock forecast is as follows: an average price target of $115.09 (represents a 14.84% upside from CRUS’s last price of $100.22) 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 $115.09 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 $92.00. This represents a potential 14.84% upside from CRUS's last price of $100.22.
CRUS Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 12, 2024 | Gary Mobley | Loop Capital Markets | $130.00 | $102.75 | 26.52% | 29.71% |
| Nov 05, 2024 | Angelo Zino | CFRA | $109.00 | $102.75 | 6.08% | 8.76% |
| Nov 05, 2024 | Tore Svanberg | Stifel Nicolaus | $140.00 | $102.75 | 36.25% | 39.69% |
| Oct 10, 2024 | Tom O'Malley | Barclays | $120.00 | $121.21 | -1.00% | 19.74% |
| Aug 07, 2024 | John Vinh | KeyBanc | $165.00 | $115.31 | 43.09% | 64.64% |
| Aug 07, 2024 | Tom O'Malley | Barclays | $140.00 | $115.31 | 21.41% | 39.69% |
| Jul 09, 2024 | John Vinh | KeyBanc | $155.00 | $130.43 | 18.84% | 54.66% |
| May 17, 2024 | Tore Svanberg | Stifel Nicolaus | $110.00 | $109.23 | 0.70% | 9.76% |
| May 08, 2023 | David Williams | Williams Trading | $95.00 | $78.31 | 21.30% | -5.21% |
| Feb 03, 2023 | - | Susquehanna | $110.00 | $102.53 | 7.29% | 9.76% |
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 29.71% increase from CRUS last price ($100.22).
Cirrus Logic Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 4 | 8 |
| Avg Price Target | $126.33 | $124.75 | $133.63 |
| Last Closing Price | $100.22 | $100.22 | $100.22 |
| Upside/Downside | 26.05% | 24.48% | 33.34% |
In the current month, the average price target of Cirrus Logic stock is $126.33, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 26.05% increase as opposed to Cirrus Logic's last price of $100.22. This month's average price target is up 1.27% compared to last quarter, and down -5.46% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 12, 2024 | Loop Capital Markets | Buy | Buy | Initialise |
| Nov 05, 2024 | CFRA | Hold | Hold | Hold |
| Oct 10, 2024 | Barclays | Overweight | Equal-Weight | Downgrade |
| 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 |
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 27 | Dec 26 | Sep 26 | Jun 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $497.71M | $742.86M | $580.36M | $397.35M | $417.74M | $609.46M | $508.70M | $347.65M | $370.69M | $515.57M | $524.45M | $318.41M | $315.58M | $552.59M | $462.33M | $289.50M | $371.14M | $549.59M | $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 | $487.89M | $728.19M | $568.90M | $389.51M | $409.49M | $597.43M | $498.66M | $340.79M | $355.25M | $505.39M | $516.44M | $318.41M | $315.58M | $549.11M | $434.56M | $283.78M | $363.81M | $538.74M | $465.91M | $365.95M | $420.20M | $510.21M | $450.38M | $260.50M | $302.34M | $460.93M | $310.20M | $225.21M | $258.73M | $345.33M |
| # Analysts | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 4 | 4 | 3 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 |
| 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 27 | Dec 26 | Sep 26 | Jun 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 4 | 4 | 3 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 |
| 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 | $100.12M | $149.43M | $116.74M | $79.93M | $84.03M | $122.60M | $102.33M | $69.93M | $73.25M | $103.71M | $105.78M | $64.72M | $93.85M | $112.05M | $92.91M | $58.24M | $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 | $101.16M | $150.98M | $117.96M | $80.76M | $84.90M | $123.87M | $103.39M | $70.66M | $75.34M | $104.79M | $106.59M | $64.72M | $112.61M | $112.31M | $93.97M | $58.84M | $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 | $99.16M | $148.00M | $115.63M | $79.17M | $83.23M | $121.42M | $101.35M | $69.26M | $72.20M | $102.72M | $104.96M | $64.72M | $75.08M | $111.60M | $88.32M | $57.68M | $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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.50% | - | 0.31% | 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 27 | Dec 26 | Sep 26 | Jun 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 4 | 4 | 3 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 |
| 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 | $46.15M | $54.44M | $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 | $95.01M | $192.28M | $129.51M | $58.25M | $71.74M | $149.22M | $112.22M | $46.78M | $56.03M | $119.52M | $113.65M | $34.32M | $86.90M | $131.14M | $87.82M | $23.00M | $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 | $92.58M | $187.36M | $126.19M | $56.76M | $69.91M | $145.40M | $109.35M | $45.58M | $51.80M | $110.78M | $111.46M | $34.31M | $57.93M | $129.84M | $79.43M | $22.41M | $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 27 | Dec 26 | Sep 26 | Jun 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 4 | 4 | 3 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 |
| 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 | $43.91M | $65.54M | $51.21M | $35.06M | $36.86M | $53.77M | $44.88M | $30.67M | $32.71M | $45.49M | $46.27M | $28.09M | $35.57M | $48.76M | $40.79M | $25.54M | $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 | $43.05M | $64.25M | $50.19M | $34.37M | $36.13M | $52.71M | $44.00M | $30.07M | $31.34M | $44.59M | $45.57M | $28.09M | $23.72M | $48.45M | $38.34M | $25.04M | $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 27 | Dec 26 | Sep 26 | Jun 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 2 | 4 | 4 | 3 | 3 | 3 | 4 | 8 | 4 | 7 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 15 | 8 | 10 | 7 |
| 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 | $1.70 | $3.45 | $2.32 | $1.04 | $1.29 | $2.67 | $2.01 | $0.84 | $1.00 | $2.14 | $2.04 | $0.61 | $0.64 | $2.35 | $1.57 | $0.41 | $0.85 | $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 | $1.66 | $3.36 | $2.26 | $1.02 | $1.25 | $2.61 | $1.96 | $0.82 | $0.93 | $1.99 | $2.00 | $0.61 | $0.64 | $2.33 | $1.42 | $0.40 | $0.83 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| QRVO | Qorvo | $65.66 | $115.55 | 75.98% | Hold |
| SWKS | Skyworks Solutions | $83.43 | $129.04 | 54.67% | Hold |
| MCHP | Microchip | $65.12 | $87.89 | 34.97% | Buy |
| CRUS | Cirrus Logic | $100.22 | $115.09 | 14.84% | Buy |
| LSCC | Lattice Semiconductor | $50.75 | $57.27 | 12.85% | Buy |
| ADI | Analog Devices | $211.01 | $224.64 | 6.46% | Buy |