Cirrus Logic (CRUS) Stock

Cirrus Logic reported record revenue for September, but December guidance fell short, causing a negative market reaction despite upbeat management. Key reasons for the guidance shortfall include a shifted revenue pattern, a shorter December quarter, and an earlier Android ramp. Future growth expected from new PC and Android products, with potential earnings boost from lower corporate tax rates.

DULUTH, Minn. & TORONTO--(BUSINESS WIRE)-- #Aviation--The Cirrus SR Series G7 and G2+ Vision Jet have successfully achieved Transport Canada Civil Aviation (TCCA) certification. This certification confirms that Cirrus aircraft adhere to stringent regulatory standards set by Transport Canada concerning aviation safety, performance and operational requirements. Zean Nielsen, CEO of Cirrus, stated, “Pursuing TCCA certification for the newest Cirrus aircraft models, the SR Series G7 and G2+ Vision Jet, undersc.

Reliance on a single customer for a huge chunk of revenue is weighing on this company, but that could turn into an advantage in the future.

The heavy selling pressure might have exhausted for Cirrus Logic (CRUS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

CRUS' fiscal Q2 2025 performance benefits from the continued momentum of Audio and High-performance mixed-signal products.

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.