Cirrus Logic, Inc. Price & Performance (CRUS)

Stifel has sharply raised its price target for Cirrus Logic to $112, reflecting confidence in the company’s expanded product lineup and robust financial health. The firm’s High-Performance Mixed-Signal segment now makes up 39% of sales, up from 13% in FY20, signaling successful diversification beyond traditional audio markets.12

Cirrus Logic shares recently touched a 52-week low of $80.33, dropping nearly 13% over the past year. Despite this, the company’s fundamentals remain solid, with a 52% gross margin and more cash than debt. Analysts continue to revise earnings estimates upward, highlighting opportunities in PC and automotive sectors.34

Cirrus Logic’s share price has plummeted 29% over the past month, driven by earnings concerns and broader market volatility. However, some institutional investors are increasing their holdings, and analysts maintain a "Moderate Buy" rating with an average price target of $132.86, signaling belief in a potential rebound.56