Cirrus Logic (NASDAQ:CRUS) Hits New 1-Year High Following Analyst Upgrade

Cirrus Logic, Inc. (NASDAQ:CRUS) shares hit a new 52-week high during mid-day trading on Thursday after Barclays raised their price target on the stock from $120.00 to $140.00. Barclays currently has an equal weight rating on the stock. Cirrus Logic traded as high as $178.01 and last traded at $177.4350, with a volume of 102273 shares. The stock had previously closed at $167.69.

Other equities analysts have also recently issued research reports about the company. Benchmark lifted their price objective on Cirrus Logic from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. KeyCorp lifted their price objective on Cirrus Logic from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday. Loop Capital cut Cirrus Logic from a “buy” rating to a “hold” rating and set a $130.00 price objective for the company. in a research note on Monday, February 2nd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Cirrus Logic in a research note on Friday, March 27th. Finally, Zacks Research downgraded Cirrus Logic from a “strong-buy” rating to a “hold” rating in a report on Monday, April 27th. Four equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Cirrus Logic presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.71.

Insider Buying and Selling at Cirrus Logic

In other Cirrus Logic news, EVP Justin E. Dougherty sold 3,000 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $143.16, for a total value of $429,480.00. Following the sale, the executive vice president owned 5,876 shares of the company’s stock, valued at approximately $841,208.16. This represents a 33.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Scott Thomas sold 9,942 shares of the company’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $160.11, for a total value of $1,591,813.62. Following the completion of the sale, the executive vice president directly owned 30,393 shares in the company, valued at $4,866,223.23. This trade represents a 24.65% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 16,181 shares of company stock worth $2,480,033 in the last three months. 1.16% of the stock is owned by corporate insiders.

Cirrus Logic News Summary

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

• Positive Sentiment: Q4 results: Cirrus posted EPS and revenue beats (EPS ~ $1.95 vs. consensus $1.76; revenue $448.5M vs. ~$442M) with net margin and ROE staying healthy — the core driver of the upside in the stock. CRUS Tops Q4 Earnings and Revenue Estimates
• Positive Sentiment: Revenue drivers and diversification: Management highlighted smartphone demand, PC growth and expansion into new silicon categories as contributors to FY2026 revenue growth, supporting a more diversified end-market exposure. CRUS Q4 Earnings & Sales Top, Up Y/Y as Diversification Gains Momentum
• Positive Sentiment: Q1 revenue guide above Street: Cirrus gave Q1 FY2027 revenue guidance of $430M–$490M versus a consensus near $412.7M, signaling upside to near-term top-line expectations (EPS guide number not specified in the release). This guidance lift is supporting investor optimism. Press Release / Slide Deck
• Neutral Sentiment: Earnings materials available: The earnings transcript, slide deck and call recording are posted for deeper color on product cycles, supply and customer commentary — useful for confirming management’s tone but not new headline news. Cirrus Logic (CRUS) Q4 2026 Earnings Transcript
• Neutral Sentiment: Analyst write-ups and snapshots from outlets (Statesman, Seeking Alpha) summarize results and slides; they help investors dig into product/category trends but don’t add new surprises. Earnings Call Presentation
• Negative Sentiment: Barclays raised its price target to $140 but kept an “equal weight” rating — that PT implies material downside from the current share level and signals some analyst skepticism on further near-term upside despite the beat. Barclays Raises Price Target

Institutional Trading of Cirrus Logic

A number of large investors have recently made changes to their positions in CRUS. Caitong International Asset Management Co. Ltd lifted its position in Cirrus Logic by 7,333.3% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 223 shares of the semiconductor company’s stock worth $26,000 after buying an additional 220 shares during the period. Geneos Wealth Management Inc. lifted its position in Cirrus Logic by 120.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the semiconductor company’s stock worth $32,000 after buying an additional 120 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in Cirrus Logic during the fourth quarter worth about $33,000. Torren Management LLC purchased a new position in Cirrus Logic during the fourth quarter worth about $35,000. Finally, Kestra Advisory Services LLC purchased a new position in Cirrus Logic during the fourth quarter worth about $36,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Cirrus Logic Price Performance

The company has a 50-day moving average of $149.53 and a two-hundred day moving average of $134.50. The stock has a market capitalization of $8.78 billion, a PE ratio of 22.66 and a beta of 1.16.

Cirrus Logic (NASDAQ:CRUS) last released its earnings results on Tuesday, February 3rd. The semiconductor company reported $2.97 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.60. Cirrus Logic had a return on equity of 20.41% and a net margin of 20.47%.The firm had revenue of $580.62 million for the quarter, compared to the consensus estimate of $531.43 million. During the same period in the prior year, the business posted $2.51 earnings per share. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, research analysts forecast that Cirrus Logic, Inc. will post 7.76 EPS for the current fiscal year.

About Cirrus Logic

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.