Cirrus Logic (CRUS) Set to Post Quarterly Earnings on Wednesday

Cirrus Logic (NASDAQ:CRUS) will likely be issuing its Q2 2027 results after the market closes on Wednesday, November 4th. Analysts expect Cirrus Logic to post earnings of $2.42 per share and revenue of $540.37 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2027 earnings results page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Cirrus Logic (NASDAQ:CRUS) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $1.84 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.03. The firm had revenue of $459.72 million during the quarter, compared to the consensus estimate of $460.32 million. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.51 earnings per share. On average, analysts expect Cirrus Logic to post $7.20 EPS for the current fiscal year and $7.30 EPS for the next fiscal year.

Cirrus Logic Stock Performance

CRUS stock opened at $114.27 on Wednesday. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of 13.99 and a beta of 1.17. The firm has a 50-day simple moving average of $114.47 and a two-hundred day simple moving average of $138.60. Cirrus Logic has a one year low of $105.10 and a one year high of $180.42.

Insider Transactions at Cirrus Logic

In other Cirrus Logic news, EVP Jeffrey Baumgartner sold 1,166 shares of the stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $107.75, for a total value of $125,636.50. Following the completion of the sale, the executive vice president directly owned 11,741 shares in the company, valued at approximately $1,265,092.75. This trade represents a 9.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 3,498 shares of company stock worth $401,850. Corporate insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on CRUS shares. KeyCorp downgraded shares of Cirrus Logic from an “overweight” rating to a “sector weight” rating in a research report on Thursday, October 15th. Wall Street Zen lowered shares of Cirrus Logic from a “buy” rating to a “hold” rating in a research note on Sunday, October 18th. Zacks Research cut shares of Cirrus Logic from a “hold” rating to a “strong sell” rating in a research report on Friday, August 14th. Susquehanna lowered their target price on shares of Cirrus Logic from $200.00 to $170.00 and set a “positive” rating for the company in a research note on Wednesday, October 21st. Finally, Stifel Nicolaus lowered their target price on shares of Cirrus Logic from $197.00 to $160.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $147.86.

Cirrus Logic Company Profile

Cirrus Logic, Inc is a fabless semiconductor company that designs high-performance, low-power analog and mixed-signal integrated circuits. Its products are used to process, manage and enhance audio and other signals in electronic devices, including smartphones, tablets, laptops, headphones, smart speakers and automotive systems.

The company’s product portfolio includes audio codecs, digital-to-analog and analog-to-digital converters, amplifiers, haptic controllers, sensing solutions and power-management components.