Cirrus Logic, Inc. (NASDAQ:CRUS) Stock Has Average Price Target of $150.71

Posted by George Bondi on Oct 22nd, 2026

Cirrus Logic, Inc. (NASDAQ:CRUS – Get Free Report) has received a consensus rating of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $147.86.

CRUS has been the subject of a number of analyst reports. Barclays downgraded shares of Cirrus Logic from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $130.00 to $95.00 in a research report on Tuesday. Zacks Research cut shares of Cirrus Logic from a “hold” rating to a “strong sell” rating in a research note on Friday, August 14th. Stifel Nicolaus lowered their target price on shares of Cirrus Logic from $197.00 to $160.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Susquehanna dropped their price target on shares of Cirrus Logic from $200.00 to $170.00 and set a “positive” rating on the stock in a research note on Wednesday. Finally, KeyCorp cut shares of Cirrus Logic from an “overweight” rating to a “sector weight” rating in a report on Thursday, October 15th.

Check Out Our Latest Analysis on CRUS

Insider Buying and Selling

In other Cirrus Logic news, EVP Jeffrey Baumgartner sold 1,166 shares of the firm’s stock in a transaction on 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 owned 11,741 shares of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 3,498 shares of company stock valued at $401,850 over the last three months. 1.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Cirrus Logic

A number of institutional investors and hedge funds have recently modified their holdings of the company. Coppell Advisory Solutions LLC acquired a new stake in shares of Cirrus Logic in the second quarter worth approximately $39,000. Public Employees Retirement System of Ohio purchased a new stake in Cirrus Logic in the second quarter valued at approximately $2,859,000. Assenagon Asset Management S.A. grew its holdings in Cirrus Logic by 37.6% in the second quarter. Assenagon Asset Management S.A. now owns 213,871 shares of the semiconductor company’s stock valued at $31,766,000 after purchasing an additional 58,446 shares during the period. Bank of America Corp DE purchased a new stake in Cirrus Logic in the second quarter valued at approximately $168,329,000. Finally, Quantinno Capital Management LP increased its position in Cirrus Logic by 21.1% during the first quarter. Quantinno Capital Management LP now owns 942,207 shares of the semiconductor company’s stock worth $136,262,000 after purchasing an additional 163,979 shares during the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

Cirrus Logic Stock Performance

Cirrus Logic stock opened at $110.64 on Thursday. Cirrus Logic has a fifty-two week low of $105.10 and a fifty-two week high of $180.42. The company has a market capitalization of $5.55 billion, a P/E ratio of 13.54 and a beta of 1.17. The stock has a 50-day simple moving average of $114.98 and a 200-day simple moving average of $140.79.

Cirrus Logic (NASDAQ:CRUS – Get Free Report) last announced its earnings results on Wednesday, August 5th. The semiconductor company reported $1.84 EPS for the quarter, beating analysts’ consensus estimates of $1.81 by $0.03. The business had revenue of $459.72 million for the quarter, compared to analysts’ expectations of $460.32 million. Cirrus Logic had a net margin of 21.00% and a return on equity of 20.61%. The company’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.51 EPS. As a group, analysts forecast that Cirrus Logic will post 7.20 earnings per share for the current year.

Cirrus Logic Company Profile

(Get Free Report)

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.