Cirrus Logic, Inc. (CRUS) AI Stock Analysis

Cirrus Logic, Inc. operates as a fabless semiconductor company providing low-power and high-precision mixed-signal processing solutions. Headquartered in Austin, Texas, the company supplies portable device markets with codecs integrating analog-to-digital converters and digital-to-analog converters, smart codecs, and boosted amplifiers. Its proprietary SoundClear technology delivers audio features like high-fidelity playback, voice capture, and active noise cancellation for smartphones, tablets, laptops, and AR/VR headsets. Beyond audio, Cirrus Logic develops mixed-signal products for industrial and energy applications, including haptic drivers, camera controllers, power conversion ICs, and fast-charging ICs for power supplies, digital utility meters, and energy exploration systems.

Cirrus Logic grew its revenue from $1.78B in FY2022 to $2.00B in FY2026, reflecting a 5-year revenue CAGR of 7.8%. Annual revenue rose 5.3% in FY2026 after expanding 6.0% in FY2025 and declining 5.7% in FY2024. Profitability expanded concurrently, with gross margin rising from 51.8% in FY2022 to 52.8% in FY2026, and operating margin reaching 23.0% in FY2026 compared to 13.1% in FY2023. Net income rose to $414.4M in FY2026, yielding EPS of $9.26. In the latest quarter ended June 30, 2026, momentum continued with quarterly revenue growth of 12.9% year-over-year and quarterly earnings growth of 28.9%.

As of June 30, 2026, Cirrus Logic held $891.3M in cash and short-term investments against total debt of $172.4M, resulting in net cash of $718.9M. The company shows strong liquidity with a current ratio of 7.58 and a debt-to-equity ratio of 0.08 on shareholders' equity of $2.19B. In FY2026, operating cash flow reached $650.6M and free cash flow was $636.6M. Capital expenditures totaled $14.0M, while $318.0M was directed toward share buybacks, reducing share count by 11.3% over 5 years.

At a closing price of $107.87, Cirrus Logic holds a market cap of $5.41B and trades at a trailing P/E of 13.1x and forward P/E of 13.8x. Both multiples sit below the median of its US-listed Technology peers, which post a trailing P/E of 28.1x and forward P/E of 18.8x. Its EV-to-EBITDA stands at 9.4x versus the peer median of 16.6x. Over the past year, the stock dropped 12.5%, underperforming the S&P 500 return of 16.8%, and is down 22.6% versus its 200-day average.

Wall Street coverage consists of 2 Strong Buy ratings, 0 Buy ratings, and 3 Hold ratings. The mean price target is $163.33, implying an upside of 51.4% from the last close of $107.87. For the fiscal year ending March 31, 2027, consensus estimates forecast revenue of $2.01B and EPS of $8.38, representing an EPS decline of 9.5%. Cirrus Logic has beaten EPS estimates in each of the last 4 quarters, and its next earnings date is November 4, 2026.

This page is an AI-written research summary of Cirrus Logic, Inc. (CRUS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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