Cirrus Logic (CRUS) Expected to Announce Quarterly Earnings on Tuesday

Cirrus Logic (NASDAQ:CRUSGet Free Report) is expected to announce its Q3 2026 results after the market closes on Tuesday, February 3rd. Analysts expect Cirrus Logic to post earnings of $2.37 per share and revenue of $531.4260 million for the quarter. Investors can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Tuesday, February 3, 2026 at 5:00 PM ET.

Cirrus Logic (NASDAQ:CRUSGet Free Report) last released its earnings results on Tuesday, November 4th. The semiconductor company reported $2.83 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.51. Cirrus Logic had a return on equity of 19.59% and a net margin of 19.48%.The company had revenue of $560.96 million for the quarter, compared to the consensus estimate of $540.45 million. During the same quarter last year, the business posted $2.25 EPS. Cirrus Logic’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, analysts expect Cirrus Logic to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Cirrus Logic Trading Up 0.7%

Shares of NASDAQ CRUS opened at $128.26 on Tuesday. The company has a market capitalization of $6.55 billion, a price-to-earnings ratio of 18.22 and a beta of 1.09. Cirrus Logic has a twelve month low of $75.83 and a twelve month high of $136.92. The business has a 50 day simple moving average of $121.68 and a 200-day simple moving average of $118.54.

Analyst Ratings Changes

Several analysts have weighed in on CRUS shares. Stifel Nicolaus boosted their target price on shares of Cirrus Logic from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cirrus Logic in a research report on Monday, December 29th. Wall Street Zen lowered shares of Cirrus Logic from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Williams Trading set a $150.00 target price on Cirrus Logic in a research note on Wednesday, November 5th. Finally, KeyCorp upped their target price on Cirrus Logic from $135.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $142.50.

Read Our Latest Analysis on Cirrus Logic

Insiders Place Their Bets

In other Cirrus Logic news, EVP Andrew Brannan sold 8,913 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $119.06, for a total transaction of $1,061,181.78. Following the completion of the transaction, the executive vice president owned 5,950 shares in the company, valued at approximately $708,407. The trade was a 59.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.16% of the stock is owned by insiders.

Institutional Investors Weigh In On Cirrus Logic

Institutional investors have recently bought and sold shares of the stock. Sei Investments Co. grew its position in Cirrus Logic by 2.2% in the 3rd quarter. Sei Investments Co. now owns 926,958 shares of the semiconductor company’s stock valued at $116,140,000 after buying an additional 20,381 shares in the last quarter. Caisse de depot et placement du Quebec lifted its stake in shares of Cirrus Logic by 2.1% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 524,969 shares of the semiconductor company’s stock worth $65,773,000 after acquiring an additional 11,006 shares during the period. UBS Group AG boosted its holdings in shares of Cirrus Logic by 50.1% in the third quarter. UBS Group AG now owns 342,189 shares of the semiconductor company’s stock valued at $42,873,000 after acquiring an additional 114,172 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in shares of Cirrus Logic by 1.2% during the third quarter. Jacobs Levy Equity Management Inc. now owns 301,378 shares of the semiconductor company’s stock valued at $37,760,000 after acquiring an additional 3,517 shares during the period. Finally, Lazard Asset Management LLC increased its stake in shares of Cirrus Logic by 6.0% during the third quarter. Lazard Asset Management LLC now owns 262,695 shares of the semiconductor company’s stock valued at $32,913,000 after acquiring an additional 14,843 shares during the period. Institutional investors and hedge funds own 87.96% of the company’s stock.

Cirrus Logic Company Profile

(Get Free Report)

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.

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Earnings History for Cirrus Logic (NASDAQ:CRUS)

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