Cirrus Logic, Inc. (CRUS) Stock Forecast & Predictions

Cirrus Logic, Inc. CRUS: $94.3

800 W 6th St, Austin, Texas, US. | Sector: Manufacturing | Exchange: NASDAQ | Web: www.cirrus.com

  • Market Cap$5.39B
  • Change (52 Weeks)-4.52%
  • Low (52 Weeks)$71.11
  • Cirrus Logic, Inc. (CRUS) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Cirrus Logic, Inc. (CRUS) is based on 20 Institutional Analyst Ratings where 60.00% are on Strong Buy, 20.00% on Moderate Buy, 15.00% remains on Hold, 0.00% are on Moderate Sell and 5.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended CRUS stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Cirrus Logic, Inc..

    Cirrus Logic, Inc. (CRUS) Stock Price Prediction By Analysts


    HighLowAverage
    $126.00$92.92$111.35
    $111.3518.08% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for CRUS set by the institutional analysts is $111.35 where High Estimate is $126.00, Median $112.71000000000001 and Low $92.92.

    The average price target for CRUS by Institutional Analysts is $111.35, which is 18.08% Upside from the current price. So according to the Institutional Analysts, CRUS Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Cirrus Logic, Inc. (CRUS) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    BarclaysOverweightMaintained
    KeybancOverweightMaintained
    B of A SecuritiesUnderperformDowngraded
    BarclaysOverweightUpgraded
    NeedhamBuyMaintained
    KeybancOverweightMaintained
    Craig-HallumBuyUpgraded
    B of A SecuritiesNeutralDowngraded
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Loop CapitalBuyInitiated
    WestPark CapitalBuyInitiated
    NeedhamBuyUpgraded
    KeybancOverweightMaintained
    KeyBancOverweightMaintained
    Craig-HallumHoldDowngraded
    Cowen & Co.OutperformMaintained
    BenchmarkBuyMaintained
    KeyBancOverweightUpgraded
    Craig-HallumBuyMaintained
    BarclaysEqual-WeightUpgraded
    Craig-HallumBuyUpgraded
    BarclaysUnderweightDowngraded
    B of A SecuritiesBuyUpgraded
    Cowen & Co.OutperformUpgraded
    StifelBuyMaintained
    BenchmarkBuyMaintained
    B of A SecuritiesUnderperformMaintained
    Bank of AmericaUnderperformMaintained
    BenchmarkMarket WeightMaintained
    Stifel NicolausBuyMaintained
    BenchmarkBuyMaintained
    BarclaysEqual-WeightUpgraded
    BenchmarkBuyInitiated
    Stifel NicolausBuyMaintained
    BarclaysUnderweightMaintained
    SusquehannaPositiveMaintained
    Bank of AmericaUnderperformMaintained
    Cowen & Co.Market PerformInitiated
    BarclaysUnderweightMaintained
    Craig-HallumBuyUpgraded
    Stifel NicolausBuyMaintained
    Stifel NicolausBuyMaintained
    NeedhamHoldDowngraded
    BarclaysUnderweightMaintained
    Bank of AmericaUnderperformMaintained
    KeyBancSector WeightDowngraded
    Bank of AmericaUnderperformInitiated
    BarclaysUnderweightDowngraded
    Pacific CrestOverweightUpgraded
    OppenheimerPerformDowngraded
    SusquehannaPositiveInitiated
    Stifel NicolausBuyMaintained
    OppenheimerOutperformMaintained
    BarclaysEqual-WeightMaintained
    Pacific CrestSector WeightDowngraded
    Canaccord GenuityBuyInitiated
    BarclaysEqual-WeightDowngraded
    NeedhamBuyInitiated
    TopekaBuyInitiated
    BarclaysOverweightMaintained
    OppenheimerOutperformUpgraded
    BarclaysOverweightMaintained
    Pacific CrestOverweightUpgraded
    DoughertyBuyInitiated
    Stifel NicolausBuyUpgraded
    BarclaysOverweightMaintained
    Northland SecuritiesOutperformMaintained
    BarclaysOverweightMaintained
    PiperJaffrayOverweightInitiated
    BarclaysOverweightMaintained
    OppenheimerPerformUpgraded
    BarclaysOverweightUpgraded
    BarclaysUnderweightMaintained
    Northland SecuritiesOutperformUpgraded
    Feltl & Co.HoldDowngraded
    Pacific CrestUnderperformDowngraded
    OppenheimerUnderperformDowngraded
    BarclaysUnderweightMaintained
    Sidoti & Co.NeutralDowngraded
    BarclaysUnderweightDowngraded
    Northland SecuritiesMarket PerformInitiated
    Feltl & Co.BuyUpgraded
    Canaccord GenuityUpgraded
    Stifel NicolausHoldDowngraded
    BarclaysEqual-WeightDowngraded
    Sterne AgeeBuyMaintained
    NeedhamBuyDowngraded
    Canaccord GenuityBuyMaintained
    Canaccord GenuityBuyMaintained
    Sterne AgeeBuyMaintained
    Stifel NicolausBuyMaintained
    Pacific CrestSector PerformInitiated
    BarclaysOverweightMaintained
    CapstoneBuyInitiated
    Stifel NicolausBuyMaintained
    NeedhamStrong BuyUpgraded
    Feltl & Co.HoldDowngraded
    Canaccord GenuitybuyMaintained
    Stifel NicolausBuyMaintained
    Feltl & Co.Strong BuyUpgraded
    Feltl & Co.BuyMaintained
    Canaccord GenuityBuyMaintained
    Stifel NicolausBuyMaintained
    BarclaysOverweightInitiated
    Feltl & Co.BuyInitiated
    Stifel NicolausBuyMaintained
    Canaccord GenuityBuyMaintained
    Canaccord GenuityBuyInitiated
    OppenheimerPerformDowngraded
    Stifel NicolausBuyMaintained
    OppenheimerOutperformMaintained
    Sterne AgeeBuyInitiated

    Cirrus Logic, Inc. (CRUS) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.914
    The average consensus EPS for CRUS is $0.914 with a high estimate of $1.039 and Low of $0.676 for the period 2022-03-31 and based on 15 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.82$1.65952022-06-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2.17832022-09-30
    $1.82$1.65952022-06-30
    $0.54$0.40412022-03-31
    $0.66$0.72422021-12-31
    $2.13$1.89532021-09-30
    $1.26$0.91432021-06-30
    $0.53$0.30792021-03-31
    $0.68$0.50542020-12-31
    $1.41$1.15812020-09-30
    $1.55$0.96362020-06-30
    $0.35$0.14932020-03-31
    $0.37$0.11872019-12-31
    $0.91$0.8142019-09-30
    $1.08$0.75292019-06-30
    $0.28$0.06632019-03-31
    $0.51$0.59362018-12-31
    $1.59$1.8112018-09-30
    $1.36$1.22912018-06-30
    $0.81$0.67512018-03-31
    $0.85$0.71312017-12-31
    $1.87$1.65852017-09-30
    $1.35$1.0712017-06-30
    $0.44$0.28182017-03-31
    $0.38$0.21292016-12-31
    $0.82$0.82282016-09-30
    $0.65$0.60182016-06-30
    $0.54$0.43712016-03-31
    $0.66$0.47652015-12-31
    $0.97$0.77012015-09-30
    $0.68$0.55492015-06-30
    $0.37$0.30472015-03-31
    $0.41$0.33022014-12-31
    $0.89$0.78092014-09-30
    $0.84$0.61542014-06-30
    $0.56$0.50242014-03-31
    $0.59$0.59162013-12-31
    $1.64$1.43822013-09-30
    $0.79$0.72712013-06-30
    $0.22$0.21622013-03-31
    $0.36$0.35092012-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).