These Analysts Boost Their Forecasts On Cirrus Logic Following Upbeat Earnings

Benzinga
2025/11/05

Cirrus Logic, Inc. (NASDAQ:CRUS) reported better-than-expected earnings for the second quarter on Tuesday.

The company posted quarterly earnings of $2.83 per share which beat the analyst consensus estimate of $2.37 per share. The company reported quarterly sales of $560.960 million which beat the analyst consensus estimate of $540.385 million.

Cirrus Logic said it sees third-quarter sales of $500.000 million to $560.000 million, versus estimates of $508.763 million.

“Cirrus Logic delivered record revenue for the September quarter driven by demand for components shipping into smartphones,” said John Forsyth, Cirrus Logic president and chief executive officer.

Cirrus Logic shares fell 1.2% to close at $129.63 on Tuesday.

These analysts made changes to their price targets on Cirrus Logic following earnings announcement.

  • Keybanc analyst John Vinh maintained Cirrus Logic with an Overweight rating and raised the price target from $135 to $150.
  • Stifel analyst Tore Svanberg maintained the stock with a Buy and raised the price target from $140 to $150.

Considering buying CRUS stock? Here’s what analysts think:

Read This Next:

  • Jim Cramer Likes SAIC: ‘It’s An Inexpensive Stock’

Photo via Shutterstock

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10