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Cirrus Logic (CRUS 3.04%) investors were in for a positive surprise after the company released results for its fiscal 2025's third quarter (ended Dec. 28) on Feb. 4, as robust demand for its semiconductors, which are used in smartphones and laptops, helped it exceed the higher end of its guidance range.
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The average of price targets set by Wall Street analysts indicates a potential upside of 29.3% in Cirrus Logic (CRUS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Explore how Cirrus Logic's (CRUS) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.
Mid-cap fabless semiconductor company Cirrus Logic, Inc. NASDAQ: CRUS saw its stock climb nearly 7% on Wednesday following an impressive earnings beat reported in the after-hours on Tuesday. The strong results prompted multiple analyst upgrades, including one from Benchmark, which cited a solid Q3 performance and a promising outlook.
Shares of semiconductor company Cirrus Logic (CRUS 6.60%) jumped on Wednesday after the company reported financial results for its fiscal third quarter of 2025. As of 12:30 p.m.
CRUS' fiscal Q3 2025 performance is powered by solid momentum in the smartphone and laptop markets and a diversified market footprint.
Cirrus Logic, Inc. (NASDAQ:CRUS ) Q3 2025 Earnings Conference Call February 4, 2025 5:00 PM ET Company Participants Chelsea Heffernan - VP, IR John Forsyth - President and CEO Ulf Habermann - Interim CFO Conference Call Participants Tore Svanberg - Stifel Thomas O'Malley - Barclays David Williams - The Benchmark Company Christopher Rolland - Susquehanna Gary Mobley - Loop Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the Cirrus Logic Third Quarter Fiscal Year 2025 Financial Results Q&A Session.
Cirrus Logic (CRUS) came out with quarterly earnings of $2.51 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.89 per share a year ago.