Loop Capital Downgrades Cirrus Logic (NASDAQ:CRUS) to Hold

Cirrus Logic (NASDAQ:CRUS) was downgraded by stock analysts at Loop Capital from a “buy” rating to a “hold” rating in a report issued on Monday, MarketBeat reports. They currently have a $130.00 price target on the semiconductor company’s stock. Loop Capital’s target price would indicate a potential upside of 4.35% from the company’s previous close.

Other equities analysts also recently issued reports about the company. Zacks Research upgraded Cirrus Logic from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. KeyCorp increased their price objective on shares of Cirrus Logic from $135.00 to $150.00 and gave the stock an “overweight” rating in a report on Wednesday, November 5th. Williams Trading set a $150.00 target price on shares of Cirrus Logic in a research report on Wednesday, November 5th. Wall Street Zen lowered shares of Cirrus Logic from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cirrus Logic in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $140.71.

Cirrus Logic Stock Performance

Shares of NASDAQ CRUS opened at $124.58 on Monday. The firm has a market cap of $6.36 billion, a P/E ratio of 17.70 and a beta of 1.12. Cirrus Logic has a 1 year low of $75.83 and a 1 year high of $136.92. The firm’s 50 day moving average price is $123.23 and its 200 day moving average price is $119.64.

Cirrus Logic (NASDAQ:CRUS) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $2.83 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.51. Cirrus Logic had a return on equity of 19.59% and a net margin of 19.48%.The company had revenue of $560.96 million for the quarter, compared to analyst estimates of $540.45 million. During the same quarter in the prior year, the company posted $2.25 EPS. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. As a group, equities analysts predict that Cirrus Logic will post 5.63 EPS for the current year.

Insider Transactions at Cirrus Logic

In other news, EVP Andrew Brannan sold 8,913 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $119.06, for a total value of $1,061,181.78. Following the completion of the sale, the executive vice president owned 5,950 shares of the company’s stock, valued at $708,407. This represents a 59.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.16% of the stock is currently owned by corporate insiders.

Institutional Trading of Cirrus Logic

Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in Cirrus Logic by 92.3% in the first 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Cirrus Logic by 24.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,320 shares of the semiconductor company’s stock valued at $132,000 after buying an additional 263 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Cirrus Logic by 4.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 214,457 shares of the semiconductor company’s stock valued at $21,372,000 after buying an additional 9,658 shares during the period. Focus Partners Wealth acquired a new position in Cirrus Logic during the 1st quarter worth approximately $361,000. Finally, Geneos Wealth Management Inc. boosted its holdings in Cirrus Logic by 95.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 476 shares of the semiconductor company’s stock worth $47,000 after acquiring an additional 232 shares during the period. 87.96% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Cirrus Logic

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

• Positive Sentiment: Q3 beat on both EPS and revenue — Cirrus reported $2.97 EPS (well above consensus) and $580.6M in revenue, +4.5% year-over-year, showing healthy margins and profitability that materially beat expectations. Earnings Report
• Positive Sentiment: Q4 revenue guide above consensus — management set revenue guidance of $410M–$470M for Q4, which is higher than the street’s cited $383.7M consensus, giving some support to near-term topline expectations. (Company guidance disclosure reported 2/3/2026.)
• Neutral Sentiment: Full earnings call / transcript available — management commentary and the slide deck contain detail on product mix, customer cadence and inventory assumptions; investors should scan the transcript/slides for sales mix and margin drivers. Call Transcript
• Neutral Sentiment: Market previews and analyst commentary signaled the beat before results — several previews highlighted CRUS as positioned to outpace Q4 estimates thanks to smartphone/laptop demand and AI-driven chip demand. Earnings Preview
• Negative Sentiment: Some commentary interpreted the quarter as a cautious look ahead — despite the beat, several outlets and the company’s tone were read as “guiding lower” on near-term momentum, which can weigh on sentiment and drive profit-taking. Guidance Coverage
• Negative Sentiment: Analyst downgrade — Loop Capital cut CRUS from Buy to Hold with a $130 target, adding near-term selling pressure from investors who track sell-side positioning. Analyst Downgrade
• Neutral Sentiment: Short-interest data published appears anomalous/flat (reported zeros); treat as unreliable until updated filings confirm actual short positioning.

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.