Cirrus Logic (CRUS) Expected to Announce Earnings on Tuesday

Cirrus Logic (NASDAQ:CRUS) is expected to be posting 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. Parties may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Tuesday, February 3, 2026 at 5:00 PM ET.

Cirrus Logic (NASDAQ:CRUS) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.51. Cirrus Logic had a net margin of 19.48% and a return on equity of 19.59%. The business had revenue of $560.96 million for the quarter, compared to analyst estimates of $540.45 million. During the same quarter last year, the business posted $2.25 EPS. The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. 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 Price Performance

Shares of CRUS opened at $130.34 on Friday. The firm has a 50 day simple moving average of $122.84 and a two-hundred day simple moving average of $119.18. Cirrus Logic has a one year low of $75.83 and a one year high of $136.92. The company has a market cap of $6.65 billion, a P/E ratio of 18.51 and a beta of 1.09.

Analyst Ratings Changes

A number of equities analysts have recently commented on CRUS shares. Wall Street Zen cut Cirrus Logic from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Benchmark boosted their target price on Cirrus Logic from $125.00 to $150.00 and gave the stock a “buy” rating in a research note on Wednesday, November 5th. Barclays set a $100.00 target price on shares of Cirrus Logic in a report on Thursday, January 15th. KeyCorp lifted their price target on shares of Cirrus Logic from $135.00 to $150.00 and gave the company an “overweight” rating in a report on Wednesday, November 5th. Finally, Zacks Research raised shares of Cirrus Logic from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $142.50.

Insider Transactions at Cirrus Logic

In related news, EVP Andrew Brannan sold 8,913 shares of Cirrus Logic stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $119.06, for a total transaction of $1,061,181.78. Following the sale, the executive vice president directly owned 5,950 shares in the company, valued at $708,407. This trade represents a 59.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.16% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Cirrus Logic

Several large investors have recently modified their holdings of the business. Voloridge Investment Management LLC bought a new stake in shares of Cirrus Logic in the third quarter worth $19,508,000. UBS Group AG grew its position in shares of Cirrus Logic by 50.1% in the 3rd quarter. UBS Group AG now owns 342,189 shares of the semiconductor company’s stock valued at $42,873,000 after buying an additional 114,172 shares during the last quarter. Treasurer of the State of North Carolina increased its stake in shares of Cirrus Logic by 141.7% in the second quarter. Treasurer of the State of North Carolina now owns 147,760 shares of the semiconductor company’s stock valued at $15,405,000 after buying an additional 86,618 shares during the period. Gotham Asset Management LLC increased its stake in shares of Cirrus Logic by 76.7% in the third quarter. Gotham Asset Management LLC now owns 188,798 shares of the semiconductor company’s stock valued at $23,655,000 after buying an additional 81,929 shares during the period. Finally, Alliancebernstein L.P. raised its position in shares of Cirrus Logic by 83.3% during the third quarter. Alliancebernstein L.P. now owns 158,265 shares of the semiconductor company’s stock worth $19,829,000 after acquiring an additional 71,909 shares during the last quarter. Institutional investors own 87.96% of the company’s stock.

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.