Profile
Sector:
TechnologyIndustry:
SemiconductorsCountry:
United StatesIPO:
09 June 1989Website:
http://www.cirrus.comNext earnings report:
04 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:23:49 GMTDividend
Analysts recommendations
Institutional Ownership
CRUS Latest News
Cirrus Logic (CRUS) possesses solid growth attributes, which could help it handily outperform the market.
Cirrus Logic (CRUS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
CRUS' performance benefits from the increasing demand for its solutions. However, a weak macro backdrop, volatile forex and higher costs are concerns.
Cirrus Logic's stock dropped due to mixed news, but savvy investors should discern between real and misleading reports, presenting a buying opportunity. Despite Barclays' downgrade, Cirrus has strong future prospects with potential earnings growth from new iPhone components and smart power conversion. Cirrus' earnings could grow towards $11 per share, making the stock extremely cheap with a P/E under 10 and a price target of $120.
Cirrus Logic (CRUS) reported earnings 30 days ago. What's next for the stock?
Cirrus Logic recently delivered stronger-than-expected results, a trend that's likely to continue. The company is expected to win more business from its largest customer, which is all set to dive into the AI smartphone market next month.
Review Cirrus Logic's (CRUS) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
Cirrus Logic's (CRUS) fiscal first-quarter performance benefits from robust sales of Audio and High-performance mixed-signal products.
Cirrus Logic (CRUS) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.67 per share a year ago.
Semiconductor providers like TSM, PI, CRUS and MU are riding on strong year-over-year sales growth, driven by strong demand for semiconductor components.
What type of business is Cirrus Logic?
Cirrus Logic, Inc. offers integrated circuits (ICs) for audio and voice signal processing applications. The company develops analog and mixed-signal ICs for a wide range of customers. The Company's main facility, where departments for design, sales, marketing, and administrative matters are located, is in Austin, Texas. The Company's portable audio products include components of analog and mixed-signal ICs designed for mobile devices, including smartphones, tablets, digital headsets, wearable devices, smart accessories, and portable media players. The Company's stationary audio products and other items include components of analog and mixed-signal ICs. Cirrus Logic, Inc. was founded in 1984 and is headquartered in Austin, Texas.
What sector is Cirrus Logic in?
Cirrus Logic is in the Technology sector
What industry is Cirrus Logic in?
Cirrus Logic is in the Semiconductors industry
What country is Cirrus Logic from?
Cirrus Logic is headquartered in United States
When did Cirrus Logic go public?
Cirrus Logic initial public offering (IPO) was on 09 June 1989
What is Cirrus Logic website?
https://www.cirrus.com
Is Cirrus Logic in the S&P 500?
No, Cirrus Logic is not included in the S&P 500 index
Is Cirrus Logic in the NASDAQ 100?
No, Cirrus Logic is not included in the NASDAQ 100 index
Is Cirrus Logic in the Dow Jones?
No, Cirrus Logic is not included in the Dow Jones index
When was Cirrus Logic the previous earnings report?
No data
When does Cirrus Logic earnings report?
The next expected earnings date for Cirrus Logic is 04 November 2024