Cirrus Logic FY2026 EPS Forecast Raised by Zacks Research

Cirrus Logic, Inc. (NASDAQ:CRUS) – Investment analysts at Zacks Research raised their FY2026 earnings per share (EPS) estimates for Cirrus Logic in a research note issued to investors on Tuesday, February 24th. Zacks Research analyst Team now forecasts that the semiconductor company will post earnings of $7.75 per share for the year, up from their previous forecast of $6.31. The consensus estimate for Cirrus Logic’s current full-year earnings is $5.63 per share. Zacks Research also issued estimates for Cirrus Logic’s Q4 2026 earnings at $1.41 EPS, Q1 2027 earnings at $1.15 EPS, Q2 2027 earnings at $2.56 EPS, Q3 2027 earnings at $2.79 EPS, Q4 2027 earnings at $1.47 EPS, FY2027 earnings at $7.97 EPS, Q1 2028 earnings at $1.10 EPS, Q2 2028 earnings at $2.65 EPS, Q3 2028 earnings at $2.72 EPS and FY2028 earnings at $7.95 EPS.

Several other analysts also recently weighed in on CRUS. Stifel Nicolaus lifted their price objective on Cirrus Logic from $150.00 to $163.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Barclays increased their price target on Cirrus Logic from $100.00 to $110.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Williams Trading set a $150.00 price objective on shares of Cirrus Logic in a research note on Wednesday, November 5th. Loop Capital downgraded Cirrus Logic from a “buy” rating to a “hold” rating and set a $130.00 target price for the company. in a report on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cirrus Logic in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.43.

Cirrus Logic Stock Performance

Shares of NASDAQ:CRUS opened at $141.12 on Friday. The firm’s 50 day simple moving average is $130.58 and its 200-day simple moving average is $124.35. The firm has a market cap of $7.20 billion, a PE ratio of 18.59 and a beta of 1.12. Cirrus Logic has a one year low of $75.83 and a one year high of $146.88.

Cirrus Logic (NASDAQ:CRUS) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor company reported $2.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $531.43 million. During the same period last year, the company earned $2.51 EPS. Cirrus Logic’s quarterly revenue was up 4.5% compared to the same quarter last year.

Insider Transactions at Cirrus Logic

In other news, EVP Scott Thomas sold 3,239 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $141.63, for a total value of $458,739.57. Following the completion of the sale, the executive vice president directly owned 30,393 shares in the company, valued at $4,304,560.59. This represents a 9.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO John Forsyth sold 21,806 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $135.15, for a total transaction of $2,947,080.90. Following the completion of the sale, the chief executive officer owned 50,723 shares of the company’s stock, valued at approximately $6,855,213.45. The trade was a 30.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 28,045 shares of company stock valued at $3,835,300 over the last 90 days. 1.16% of the stock is currently owned by corporate insiders.

Institutional Trading of Cirrus Logic

A number of hedge funds and other institutional investors have recently made changes to their positions in CRUS. Diversified Trust Co increased its stake in Cirrus Logic by 0.9% during the third quarter. Diversified Trust Co now owns 8,974 shares of the semiconductor company’s stock worth $1,124,000 after acquiring an additional 78 shares during the last quarter. Parallel Advisors LLC increased its stake in Cirrus Logic by 6.2% during the 4th quarter. Parallel Advisors LLC now owns 1,368 shares of the semiconductor company’s stock worth $162,000 after buying an additional 80 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of Cirrus Logic by 29.2% in the fourth quarter. CIBC Private Wealth Group LLC now owns 389 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 88 shares in the last quarter. Kendall Capital Management raised its position in Cirrus Logic by 0.9% in the 4th quarter. Kendall Capital Management now owns 10,600 shares of the semiconductor company’s stock valued at $1,256,000 after purchasing an additional 90 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in Cirrus Logic by 1.7% in the second quarter. EP Wealth Advisors LLC now owns 5,739 shares of the semiconductor company’s stock valued at $598,000 after acquiring an additional 95 shares in the last quarter. Institutional investors and hedge funds own 87.96% of the company’s stock.

More Cirrus Logic News

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

• Positive Sentiment: Zacks Research sharply raised near‑term and multi‑year EPS forecasts for CRUS, lifting multiple quarterly and full‑year estimates (examples: Q4 FY2026 to $1.41 from $0.69; Q1 FY2027 to $1.15 from $0.70; Q2 FY2027 to $2.56 from $2.08; Q3 FY2027 to $2.79 from $2.07). Zacks also raised FY2026 to $7.75 (from $6.31), FY2027 to $7.97 (from $6.08) and FY2028 to $7.95 (from $6.39) — a clear upgrade to the company’s forward earnings trajectory.
• Positive Sentiment: Zacks published a bullish style‑score/growth piece highlighting Cirrus Logic as a strong growth stock, which reinforces the analyst upgrade narrative and could support longer‑term investor interest. Read More.
• Neutral Sentiment: Reported short‑interest data for late Feb shows 0 shares and an implausible NaN increase (days‑to‑cover reported as 0.0). The data appears unreliable or incomplete and is unlikely to meaningfully explain price moves until corrected or corroborated by exchange filings.

Cirrus Logic Company Profile

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.