Cirrus Logic FY2026 EPS Estimate Boosted by Zacks Research

Cirrus Logic, Inc. (NASDAQ:CRUS) – Analysts at Zacks Research lifted their FY2026 earnings estimates for shares of 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 per share of $7.75 for the year, up from their previous estimate 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 research analysts also recently commented on CRUS. Benchmark raised their target price on Cirrus Logic from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Stifel Nicolaus raised their price objective on shares of Cirrus Logic from $150.00 to $163.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cirrus Logic in a research note on Monday, December 29th. Loop Capital lowered shares of Cirrus Logic from a “buy” rating to a “hold” rating and set a $130.00 target price on the stock. in a report on Monday, February 2nd. Finally, KeyCorp raised 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. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Cirrus Logic currently has an average rating of “Moderate Buy” and an average price target of $145.43.

Cirrus Logic Stock Performance

Shares of NASDAQ CRUS opened at $145.02 on Friday. Cirrus Logic has a fifty-two week low of $75.83 and a fifty-two week high of $146.88. The stock has a market cap of $7.40 billion, a PE ratio of 19.11 and a beta of 1.12. The stock has a fifty day moving average of $130.18 and a 200-day moving average of $124.09.

Cirrus Logic (NASDAQ:CRUS) last issued its earnings results on Tuesday, February 3rd. The semiconductor company reported $2.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.60. Cirrus Logic had a net margin of 20.47% and a return on equity of 20.41%. The business had revenue of $580.62 million for the quarter, compared to analysts’ expectations of $531.43 million. During the same quarter in the previous year, the firm posted $2.51 EPS. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of Cirrus Logic by 92.3% in the 1st quarter. Royal Bank of Canada now owns 72,134 shares of the semiconductor company’s stock valued at $7,189,000 after purchasing an additional 34,629 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Cirrus Logic by 24.9% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,320 shares of the semiconductor company’s stock worth $132,000 after purchasing an additional 263 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Cirrus Logic by 4.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,457 shares of the semiconductor company’s stock worth $21,372,000 after purchasing an additional 9,658 shares during the last quarter. Focus Partners Wealth purchased a new stake in Cirrus Logic during the first quarter valued at about $361,000. Finally, Geneos Wealth Management Inc. grew its stake in shares of Cirrus Logic by 95.1% during the first quarter. Geneos Wealth Management Inc. now owns 476 shares of the semiconductor company’s stock valued at $47,000 after buying an additional 232 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors.

Insider Activity at Cirrus Logic

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

Key Headlines Impacting Cirrus Logic

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

• Positive Sentiment: Zacks Research substantially raised EPS estimates across multiple quarters and fiscal years — including Q4 FY2026, FY2026, Q1–Q4 FY2027, FY2027, Q1–Q3 FY2028 and FY2028 — signaling an upgraded earnings trajectory that supports higher valuation assumptions. (Multiple Zacks estimate updates)
• Positive Sentiment: Specific quarter upgrades include big bumps to near‑term EPS: Q1 FY2027 to $1.15 (from $0.70 prior), Q2 FY2027 to $2.56 (from $2.08), Q3 FY2027 to $2.79 (from $2.07), Q4 FY2026 to $1.41 (from $0.69), and Q1–Q3 FY2028 increases — these raise confidence in upcoming quarterly results and the year‑over‑year growth profile. (Multiple Zacks estimate updates)
• Positive Sentiment: Zacks also published a bullish writeup highlighting Cirrus as a strong growth stock (style/quality arguments and scores), which can attract style‑focused investors and fund flows. Here’s Why Cirrus Logic (CRUS) is a Strong Growth Stock
• Neutral Sentiment: Short‑interest data reported for late February appears anomalous (shows 0 shares / NaN change). With reported days‑to‑cover at 0.0, the figure is not actionable and should be treated as unreliable until clarified by exchanges or the reporting source.

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.