Zacks Research Raises Earnings Estimates for Cirrus Logic

Cirrus Logic, Inc. (NASDAQ:CRUS) – Research analysts at Zacks Research raised their FY2026 earnings per share estimates for Cirrus Logic in a research report issued to clients and investors on Tuesday, February 24th. Zacks Research analyst Team now expects that the semiconductor company will earn $7.75 per share for the year, up from their prior forecast of $6.31. The consensus estimate for Cirrus Logic’s current full-year earnings is $5.63 per share. Zacks Research also issued estimates for Cirrus Logic’s Q4 2026 earnings at $1.41 EPS, Q1 2027 earnings at $1.15 EPS, Q2 2027 earnings at $2.56 EPS, Q3 2027 earnings at $2.79 EPS, Q4 2027 earnings at $1.47 EPS, FY2027 earnings at $7.97 EPS, Q1 2028 earnings at $1.10 EPS, Q2 2028 earnings at $2.65 EPS, Q3 2028 earnings at $2.72 EPS and FY2028 earnings at $7.95 EPS.

Other equities analysts have also recently issued research reports about the stock. Williams Trading set a $150.00 price target on shares of Cirrus Logic in a research report on Wednesday, November 5th. Barclays boosted their price objective on Cirrus Logic from $100.00 to $110.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 4th. Benchmark raised their target price on Cirrus Logic from $150.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. KeyCorp lifted their target price on Cirrus Logic from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, November 5th. Finally, Wall Street Zen downgraded Cirrus Logic from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cirrus Logic currently has an average rating of “Moderate Buy” and an average price target of $145.43.

Cirrus Logic Price Performance

Shares of NASDAQ CRUS opened at $145.02 on Friday. The stock has a market capitalization of $7.40 billion, a P/E ratio of 19.11 and a beta of 1.12. The company has a 50-day moving average price of $130.18 and a 200-day moving average price of $124.09. Cirrus Logic has a 1 year low of $75.83 and a 1 year high of $146.88.

Cirrus Logic (NASDAQ:CRUS) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor company reported $2.97 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.60. Cirrus Logic had a net margin of 20.47% and a return on equity of 20.41%. The business had revenue of $580.62 million during the quarter, compared to analyst estimates of $531.43 million. During the same quarter in the previous year, the business posted $2.51 EPS. Cirrus Logic’s quarterly revenue was up 4.5% on a year-over-year basis.

Institutional Trading of Cirrus Logic

Several hedge funds have recently added to or reduced their stakes in CRUS. Hantz Financial Services Inc. increased its stake in shares of Cirrus Logic by 1,660.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 264 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 249 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in Cirrus Logic in the fourth quarter valued at approximately $33,000. Torren Management LLC bought a new position in Cirrus Logic during the fourth quarter valued at $35,000. Kestra Advisory Services LLC bought a new position in Cirrus Logic during the fourth quarter valued at $36,000. Finally, Abich Financial Wealth Management LLC bought a new stake in shares of Cirrus Logic in the third quarter valued at $46,000. Institutional investors own 87.96% of the company’s stock.

Insider Buying and Selling

In other news, EVP Scott Thomas sold 3,239 shares of Cirrus Logic stock in a transaction on Friday, February 13th. The stock was sold at an average price of $141.63, for a total transaction of $458,739.57. Following the sale, the executive vice president directly owned 30,393 shares in the company, valued at $4,304,560.59. The trade was a 9.63% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO John Forsyth sold 21,806 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $135.15, for a total transaction of $2,947,080.90. Following the completion of the transaction, the chief executive officer directly owned 50,723 shares in the company, valued at $6,855,213.45. This trade represents a 30.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 28,045 shares of company stock worth $3,835,300. 1.16% of the stock is owned by company insiders.

Cirrus Logic News Summary

Here are the key news stories impacting Cirrus Logic this week:

• Positive Sentiment: Zacks Research substantially raised EPS estimates across multiple quarters and fiscal years — including Q4 FY2026, FY2026, Q1–Q4 FY2027, FY2027, Q1–Q3 FY2028 and FY2028 — signaling an upgraded earnings trajectory that supports higher valuation assumptions. (Multiple Zacks estimate updates)
• Positive Sentiment: Specific quarter upgrades include big bumps to near‑term EPS: Q1 FY2027 to $1.15 (from $0.70 prior), Q2 FY2027 to $2.56 (from $2.08), Q3 FY2027 to $2.79 (from $2.07), Q4 FY2026 to $1.41 (from $0.69), and Q1–Q3 FY2028 increases — these raise confidence in upcoming quarterly results and the year‑over‑year growth profile. (Multiple Zacks estimate updates)
• Positive Sentiment: Zacks also published a bullish writeup highlighting Cirrus as a strong growth stock (style/quality arguments and scores), which can attract style‑focused investors and fund flows. Here’s Why Cirrus Logic (CRUS) is a Strong Growth Stock
• Neutral Sentiment: Short‑interest data reported for late February appears anomalous (shows 0 shares / NaN change). With reported days‑to‑cover at 0.0, the figure is not actionable and should be treated as unreliable until clarified by exchanges or the reporting source.

Cirrus Logic Company Profile

Cirrus Logic, Inc, headquartered in Austin, Texas, is a fabless semiconductor company specializing in high-precision analog and mixed-signal processing solutions. The firm develops low-power, high-performance audio, voice, and power management integrated circuits, serving prominent consumer electronics OEMs. Its semiconductor devices are designed to enhance audio quality, battery life, and system integration in mobile phones, tablets, wireless headsets and other portable devices.

The company’s product portfolio includes digital-to-analog converters (DACs), analog-to-digital converters (ADCs), audio codecs, power management ICs, voice processors and integrated amplifiers.