
Cirrus Logic (CRUS) Stock Forecast & Price Target
Cirrus Logic (CRUS) Analyst Ratings
Bulls say
Cirrus Logic Inc. demonstrated strong revenue growth, with audio segment sales increasing 44.6% quarter-over-quarter to $316.6 million and HPMS products rising 45.3% to $225.3 million, highlighting robust demand driven by new smartphone launches and advancements in AI-enabled technology. The company's gross margin reached a record 53.6% due to a favorable product mix and improvements in supply chain efficiencies, while forecasted revenue for the upcoming period is expected to exceed consensus expectations. Furthermore, Cirrus has made substantial progress in diversifying its revenue streams, thereby strengthening its market position and establishing opportunities for future growth across various technology sectors beyond just Smart Codecs.
Bears say
Cirrus Logic's financial outlook appears unfavorable, as the revenue midpoint for F3Q25 is projected at $510 million, representing a 5.9% quarter-over-quarter decline and falling significantly short of previous estimates by approximately 12.4%. The company's reliance on Apple for 91% of its total revenue raises concerns, especially considering Apple's revenue has decreased by 8% year-over-year, indicating potential vulnerability to fluctuations in a key customer’s performance. Additionally, a forecasted decline in gross margins by 160 basis points, despite being at the high end of the company’s long-term target range, suggests headwinds that may impact overall profitability moving forward.
This aggregate rating is based on analysts' research of Cirrus Logic and is not a guaranteed prediction by Public.com or investment advice.
Cirrus Logic (CRUS) Analyst Forecast & Price Prediction
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