Tearsheet

Cirrus Logic (CRUS)

Market Price (12/23/2025): $120.55 | Market Cap: $6.2 Bil
Sector: Information Technology | Industry: Semiconductors

Cirrus Logic (CRUS)

Market Price (12/23/2025): $120.55
Market Cap: $6.2 Bil
Sector: Information Technology
Industry: Semiconductors

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.2%, FCF Yield is 8.7%	Weak multi-year price returns 2Y Excs Rtn is -0.7%, 3Y Excs Rtn is -21%	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.1%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 23%		Key risks CRUS key risks include [1] an extreme over-reliance on its single largest customer, Show more.
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%
3	Low stock price volatility Vol 12M is 40%
4	Megatrend and thematic drivers Megatrends include Artificial Intelligence, Digital Health & Telemedicine, and Digital Content & Streaming. Themes include Edge AI, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.2%, FCF Yield is 8.7%
1	Attractive operating margins Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 23%
2	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 29%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27%
3	Low stock price volatility Vol 12M is 40%
4	Megatrend and thematic drivers Megatrends include Artificial Intelligence, Digital Health & Telemedicine, and Digital Content & Streaming. Themes include Edge AI, Show more.
5	Weak multi-year price returns 2Y Excs Rtn is -0.7%, 3Y Excs Rtn is -21%
6	Weak revenue growth Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.1%
7	Key risks CRUS key risks include [1] an extreme over-reliance on its single largest customer, Show more.

Valuation, Metrics & Events

	12/23/25	2024	2023	2022
Share Price CYE	$120.55	$99.58	$83.19	$74.48
Market Cap CYE ($ Bil)	6.2	5.3	4.5	4.1
Total Debt ($ Bil)	0.1	0.1	0.2	0.1
Total Cash ($ Bil)	0.6	0.6	0.5	0.5
Enterprise Value ($ Bil)	5.7	5.4	4.7	4.2
Valuation Ratios
P/S TTM	3.2	2.8	2.5	2.2
P/EBIT TTM	12.8	11.9	12.4	16.2
P/E TTM	16.3	16.0	16.4	23.4
P/FCF TTM	11.5	12.7	11.8	13.7
Sector Ratios
P/S TTM (Sector)	3.2	3.2	2.9	2.6
P/EBIT TTM (Sector)	3.1	2.3	-0.2	-0.7
P/E TTM (Sector)	-0.2	-0.3	-0.5	-0.8
P/FCF TTM (Sector)	12.4	13.7	12.2	6.9

	12/23/25	2024	2023
Share Price CYE	$120.55	$99.58	$83.19
Market Cap CYE ($ Bil)	6.2	5.3	4.5
Total Debt ($ Bil)	0.1	0.1	0.2
Total Cash ($ Bil)	0.6	0.6	0.5
Enterprise Value ($ Bil)	5.7	5.4	4.7
Valuation Ratios
P/S TTM	3.2	2.8	2.5
P/EBIT TTM	12.8	11.9	12.4
P/E TTM	16.3	16.0	16.4
P/FCF TTM	11.5	12.7	11.8
Sector Ratios
P/S TTM (Sector)	3.2	3.2	2.9
P/EBIT TTM (Sector)	3.1	2.3	-0.2
P/E TTM (Sector)	-0.2	-0.3	-0.5
P/FCF TTM (Sector)	12.4	13.7	12.2

	CRUS	S&P 500
REVENUE GROWTH
Rev LTM ($ Bil)	1.9
Rev Chg Q	3.5%	7.3%
Rev Chg LTM	2.2%	6.0%
Rev Chg 3Y Avg	-0.1%	5.5%
PROFITABILITY	GOOD
Op Inc LTM ($ Bil)	0.4
CFO LTM ($ Bil)	0.6
Net Inc LTM ($ Bil)	0.4
Op Mgn LTM	23.0%	18.8%
CFO/Rev LTM	28.6%	20.4%
Net Inc Mgn	19.5%	13.1%
VALUATION	MODERATE
P/S	3.2	3.2
P/CFO	11.1	15.5
P/FCF	11.5	20.7
P/E	16.3	23.5
STABILITY	VERY GOOD
Debt/Equity	0.02	0.21
Cash/Assets	0.27	0.07

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Metric	Value	Date	Source
Customer Concentration	One end customer accounted for approximately 90% of quarterly net sales.	11042025	Link
Product Mix	High-performance mixed-signal (HPMS) products represented 43% of total revenue in Q2 FY26.	11052025	Link
Pending and Issued Patents	Approximately 4,260 pending and issued patents worldwide.	11042025	Link

Upcoming
2/03/2026	Earnings Release	Rev: $531 Mil (E) EPS: $2.37 (E)

CRUS Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

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Here are five key points explaining the approximate 5.6% movement in Cirrus Logic (CRUS) stock: 1. Strong Fiscal Second Quarter 2026 Earnings Performance. Cirrus Logic reported fiscal second quarter 2026 earnings per share (EPS) of $2.83, significantly surpassing forecasts by 36.71%, with revenues reaching $561 million, marking a 4% year-over-year increase and exceeding expectations by 3.8%. This strong financial performance, announced around early November 2025, contributed to a positive investor sentiment.

2. Analyst Price Target Upgrade. On November 5, 2025, Benchmark raised its price target for Cirrus Logic to $150.00 from $125.00, signaling increased confidence from analysts in the company's future prospects.

Show more Here are five key points explaining the approximate 5.6% movement in Cirrus Logic (CRUS) stock: 1. Strong Fiscal Second Quarter 2026 Earnings Performance. Cirrus Logic reported fiscal second quarter 2026 earnings per share (EPS) of $2.83, significantly surpassing forecasts by 36.71%, with revenues reaching $561 million, marking a 4% year-over-year increase and exceeding expectations by 3.8%. This strong financial performance, announced around early November 2025, contributed to a positive investor sentiment.

2. Analyst Price Target Upgrade. On November 5, 2025, Benchmark raised its price target for Cirrus Logic to $150.00 from $125.00, signaling increased confidence from analysts in the company's future prospects.

3. Strategic Diversification and Expansion into New Markets. The company's CEO, John Forsyth, highlighted progress in the expansion into the PC market, as Cirrus Logic continues to diversify its business beyond smartphone audio into the PC and automotive sectors. This strategic move is seen as a driver for sustained top-line growth and long-term margin expansion.

4. Expanded Strategic Investment in Semiconductor Manufacturing. Cirrus Logic and GlobalFoundries announced an expanded strategic investment to advance next-generation mixed-signal semiconductor manufacturing in the U.S. This collaboration, reported in mid-August 2025, underscores the company's commitment to strengthening its manufacturing capabilities and technological advancements.

5. Positive Analyst Consensus and Undervalued Valuation. Analysts maintained a "Moderate Buy" consensus rating for Cirrus Logic, with an average price target of $141.67, suggesting an upside potential of approximately 16.9% from its recent trading price. This positive sentiment was further supported by analysis in late September 2025, highlighting the stock's strong fundamentals, high return on invested capital, and debt-free balance sheet, indicating it was potentially undervalued. Show less

Stock Movement Drivers

Fundamental Drivers

The -5.3% change in CRUS stock from 9/22/2025 to 12/22/2025 was primarily driven by a -13.6% change in the company's P/E Multiple.

	9222025	12222025	Change
Stock Price ($)	127.28	120.55	-5.29%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1929.32	1948.43	0.99%
Net Income Margin (%)	18.15%	19.48%	7.35%
P/E Multiple	18.81	16.25	-13.57%
Shares Outstanding (Mil)	51.73	51.17	1.07%
Cumulative Contribution			-5.30%

LTM = Last Twelve Months as of date shown

Market Drivers

9/22/2025 to 12/22/2025

	Return	Correlation
CRUS	-5.3%
Market (SPY)	2.7%	56.4%
Sector (XLK)	2.7%	50.3%

Fundamental Drivers

The 14.1% change in CRUS stock from 6/23/2025 to 12/22/2025 was primarily driven by a 11.4% change in the company's Net Income Margin (%).

	6232025	12222025	Change
Stock Price ($)	105.66	120.55	14.09%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1896.08	1948.43	2.76%
Net Income Margin (%)	17.48%	19.48%	11.42%
P/E Multiple	16.81	16.25	-3.33%
Shares Outstanding (Mil)	52.75	51.17	2.99%
Cumulative Contribution			13.99%

LTM = Last Twelve Months as of date shown

Market Drivers

6/23/2025 to 12/22/2025

	Return	Correlation
CRUS	14.1%
Market (SPY)	14.4%	41.5%
Sector (XLK)	19.7%	35.7%

Fundamental Drivers

The 19.9% change in CRUS stock from 12/22/2024 to 12/22/2025 was primarily driven by a 13.3% change in the company's Net Income Margin (%).

	12222024	12222025	Change
Stock Price ($)	100.56	120.55	19.88%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1906.69	1948.43	2.19%
Net Income Margin (%)	17.19%	19.48%	13.31%
P/E Multiple	16.34	16.25	-0.55%
Shares Outstanding (Mil)	53.27	51.17	3.94%
Cumulative Contribution			19.69%

LTM = Last Twelve Months as of date shown

Market Drivers

12/22/2024 to 12/22/2025

	Return	Correlation
CRUS	19.9%
Market (SPY)	16.9%	66.6%
Sector (XLK)	23.8%	65.6%

Fundamental Drivers

The 60.8% change in CRUS stock from 12/23/2022 to 12/22/2025 was primarily driven by a 36.5% change in the company's P/E Multiple.

	12232022	12222025	Change
Stock Price ($)	74.97	120.55	60.80%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	1972.53	1948.43	-1.22%
Net Income Margin (%)	17.79%	19.48%	9.49%
P/E Multiple	11.90	16.25	36.53%
Shares Outstanding (Mil)	55.73	51.17	8.17%
Cumulative Contribution			59.73%

LTM = Last Twelve Months as of date shown

Market Drivers

12/23/2023 to 12/22/2025

	Return	Correlation
CRUS	43.4%
Market (SPY)	47.7%	60.0%
Sector (XLK)	52.9%	61.2%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
CRUS Return	-0%	12%	-19%	12%	20%	22%	47%
Peers Return	39%	27%	-20%	29%	-3%	15%	102%
S&P 500 Return	16%	27%	-19%	24%	23%	17%	113%
Monthly Win Rates [3]
CRUS Win Rate	50%	50%	25%	58%	50%	67%
Peers Win Rate	63%	60%	37%	58%	35%	47%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
CRUS Max Drawdown	-39%	-12%	-31%	-11%	-8%	-22%
Peers Max Drawdown	-37%	-5%	-31%	-5%	-14%	-25%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: ADI, QCOM, TXN, NXPI, MCHP. See CRUS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/22/2025 (YTD)

How Low Can It Go

Unique Key	Event	CRUS	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-39.7%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	66.0%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	197 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-41.2%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	70.2%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	293 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-55.9%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	127.0%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	302 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-75.1%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	302.3%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	440 days	1,480 days

Compare to AMAT, TXN, ADI, SLAB, SHLS

In The Past

Cirrus Logic's stock fell -39.7% during the 2022 Inflation Shock from a high on 3/30/2023. A -39.7% loss requires a 66.0% gain to breakeven.

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About Cirrus Logic (CRUS)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

Cirrus Logic, Inc., a fabless semiconductor company, provides low-power, high-precision mixed-signal processing solutions in the United States and internationally. It offers portable products, including codecs-chips that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single IC; smart codecs, a codec with digital signal processer; boosted amplifiers; micro-electromechanical systems microphones; haptic drivers; digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that offer enhanced voice quality, voice capture, and audio playback features. The company's audio products are used in smartphones, tablets, wireless headsets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems. It also offers high-performance mixed-signal products, such as haptic driver and sensing solutions, camera controllers, and power-related components used in various industrial and energy applications comprising digital utility meters, power supplies, energy control, energy measurement, and energy exploration. The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.

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Think of them as the Intel for high-quality audio and haptic capabilities inside consumer electronics, especially known for their chips in Apple products.
A specialized Skyworks Solutions, but for advanced audio, haptics, and power management chips rather than radio frequency components for mobile devices.

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Audio Products: Cirrus Logic designs high-performance audio codecs, smart amplifiers, and digital signal processors used in smartphones, tablets, laptops, and smart home devices.
Haptic Drivers: These integrated circuits enable sophisticated tactile feedback experiences in consumer electronics and automotive applications.
Power Management ICs (PMICs): The company provides specialized power management solutions, including fast-charging and adaptive power delivery for various high-performance applications.

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Major Customers of Cirrus Logic (CRUS)

Cirrus Logic (CRUS) is a fabless semiconductor company that primarily sells its integrated circuits (chips) to other companies that incorporate these components into their final products, such as smartphones, tablets, laptops, and various audio devices.

The company has a highly concentrated customer base, with one customer accounting for a very significant portion of its revenue.

Customer Company:

Apple Inc. (Symbol: AAPL)

According to Cirrus Logic's most recent 10-K filing for the fiscal year ended March 30, 2024, sales to Apple Inc. (primarily through its contract manufacturers) accounted for 75% of Cirrus Logic's total revenue. This makes Apple Inc. the overwhelmingly dominant major customer for Cirrus Logic.

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Taiwan Semiconductor Manufacturing Company Limited (TSM)
Lapis Semiconductor Co., Ltd.

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John Forsyth, President, Chief Executive Officer, and Director

John Forsyth became chief executive officer of Cirrus Logic in January 2021. He joined Cirrus Logic in 2014 through the acquisition of Wolfson Microelectronics. Prior to joining Wolfson in 2012, Forsyth led product development and strategy in several technology companies, including serving as chief technical officer of the Symbian Foundation and as vice president of strategy at Symbian Software. He began his career working in handheld device development for Psion in London and has more than 20 years' experience in embedded technology.

Jeff Woolard, Chief Financial Officer

Jeff Woolard joined Cirrus Logic as chief financial officer in 2025. He oversees the team responsible for the company's overall financial management, including accounting, financial planning and analysis, corporate treasury, investor relations, facilities, and tax. Previously, Woolard served as CFO at Velocity Global, where he was responsible for financial execution, strategic planning, and developing a financial growth strategy.

Carl Alberty, EVP, Mixed-Signal Products

Carl Alberty oversees development of Cirrus Logic's analog and mixed-signal products, such as smart codecs and boosted amplifiers. Alberty joined Cirrus Logic in 1999 in an engineering role supporting audio products and progressed into various audio product marketing leadership roles, including vice president of marketing for audio products.

Jeff Baumgartner, EVP, Research and Development

Jeff Baumgartner began his career at Cirrus Logic in 1998 as a design engineer. In 2006, he transitioned to engineering management, holding several R&D leadership positions, including key strategic management roles.

Justin Dougherty, Senior Vice President of Global Operations

Justin Dougherty oversees product and test engineering, validation, quality, silicon technology, assembly technology, and information technology for Cirrus Logic. He joined Cirrus Logic in 2013 after previously serving as director of applications and systems engineering at Javelin Semiconductor for five years. Prior to Javelin, he held various product engineering roles at Silicon Labs and Advanced Micro Devices.

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Here are the key business risks for Cirrus Logic (CRUS):

Customer Concentration: Cirrus Logic is heavily reliant on a single large customer, identified as Apple Inc., which accounted for approximately 87% of its total sales in fiscal year 2024, 83% in fiscal year 2023, and 79% in fiscal year 2022. This high degree of customer concentration makes Cirrus Logic vulnerable to any decline in iPhone sales, increased competition faced by Apple, or Apple's potential decision to insource chip production, which could significantly impact Cirrus Logic's revenue and financial performance.
Highly Competitive Semiconductor Market: The company operates in an intensely competitive semiconductor market characterized by rapid innovation, aggressive pricing, and the constant threat of new product introductions from rivals. Key competitors include large and diversified semiconductor manufacturers such as Qualcomm, Texas Instruments, Analog Devices, NXP Semiconductors, and Realtek. Larger competitors with greater resources pose a risk of outpacing Cirrus Logic in product development, potentially leading to a decline in market share, net sales, and margins. Furthermore, there is a trend among customers to produce integrated circuits (ICs) in-house, adding another layer of competitive pressure.
IT System Vulnerabilities: Cirrus Logic faces significant risks from potential disruptions to its information technology (IT) systems, which are critical for its core operations, including human capital, financial management, and customer relationship management. These systems, whether managed internally or by third parties, are susceptible to various threats such as cyber-attacks, natural disasters, or other catastrophic events. Such disruptions could lead to data loss, errors in transaction processing, reputational damage, and potential legal liabilities, thereby compromising the company's financial stability and operational continuity.

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Cirrus Logic (CRUS) operates in several addressable markets for its main products and services, with an expanding serviceable addressable market (SAM) globally.

The company's overall serviceable addressable market (SAM) is projected to increase from $6.8 billion in 2025 to $8.5 billion by 2029. This market size is global.
This expansion is driven by both audio products, such as smart codecs and amplifiers, and high-performance mixed-signal solutions, which include battery and power ICs, camera controllers, and haptic and sensing solutions.
Specifically, Cirrus Logic is targeting a serviceable addressable market of approximately $1.2 billion in the PC market by 2029. This market size is global.
Cirrus Logic's products are utilized in a variety of mobile and consumer applications, including smartphones, tablets, wearables, laptops, and augmented reality/virtual reality (AR/VR) headsets. The company is also expanding into professional audio, industrial, automotive, and imaging end markets.

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Here are 3-5 expected drivers of future revenue growth for Cirrus Logic (CRUS) over the next 2-3 years:

Expansion of High-Performance Mixed-Signal (HPMS) Content in Smartphones: Cirrus Logic continues to focus on increasing its share of high-performance mixed-signal solutions within the smartphone market. This includes not only maintaining its leadership in smartphone audio but also expanding the adoption of its HPMS products, such as battery and power integrated circuits (ICs), camera controllers, and haptic and sensing solutions. This strategic push is evidenced by HPMS products growing to represent 43% of total revenue in Q2 FY26, up from 42% in Q2 FY25. The company consistently engages with customers on next-generation flagship smartphone products, expecting additional designs from various customers.
Diversification and Expansion into New Markets, Particularly PCs: A significant driver of future revenue growth is Cirrus Logic's strategy to diversify beyond its traditional smartphone reliance and expand into new markets. The PC market represents a particularly significant growth opportunity, with Cirrus Logic targeting a serviceable addressable market (SAM) of approximately $1.2 billion by 2029. The company has reported continued momentum in the PC market, securing its first mainstream consumer laptop design and expanding collaborations with leading PC platform vendors. Furthermore, strategic investments are being made in developing products for the PC market and in battery and voice technologies.
Introduction and Growth of New Products and Technologies: The launch and increasing adoption of Cirrus Logic's latest generation products are expected to fuel revenue growth. This includes the latest generation of their boosted amplifier and their first 22-nanometer smart codec, which began shipping in FY25. The company's rich portfolio of products and an exciting pipeline of innovations are aimed at broadening its technology and market reach. This also encompasses developing new products with enhanced audio and voice capture capabilities for the PC market.
Growth in General Market Components and New Applications: Beyond smartphones and PCs, Cirrus Logic is actively targeting growth in other applications and markets through its general market components. The company has introduced a series of general market components that expand its product portfolio and revenue opportunities across industrial, automotive, and professional audio end markets. Increased customer interest in these latest general market products indicates potential for revenue contribution from these diversified segments.

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Share Repurchases

Cirrus Logic utilized $40 million to repurchase approximately 362,000 shares in the second quarter of fiscal year 2026 (ended September 27, 2025), with $414 million remaining in its repurchase authorization at quarter's end.
In fiscal year 2025, the company repurchased 2.3 million shares for approximately $261.0 million.
In August 2022, an additional $500 million share repurchase program was authorized, supplementing the $136.1 million remaining from a January 2021 authorization.

Share Issuance

The number of shares outstanding for Cirrus Logic has consistently declined, from 57.17 million in 2021 to 51.72 million in November 2025, indicating that share repurchases have outpaced any share issuances.

Outbound Investments

In July 2021, Cirrus Logic acquired Lion Semiconductor, a developer of power management ICs, for $335 million.
The company made a later-stage venture capital investment in Biolinq, a monitoring equipment company, in October 2022, for an undisclosed amount.

Capital Expenditures

Capital expenditures in the second quarter of fiscal year 2026 (ended September 27, 2025) were $4.5 million.
For the first nine months of fiscal year 2024, capital expenditures and technology investments totaled $30.7 million.
Capital expenditures primarily focus on purchases of property, equipment, software, and investments in technology.

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UNH (11.4% | 11.2x)

UnitedHealth

MRK (2.9% | 11.7x)

Merck

TMUS (2.4% | 11.3x)

T-Mobile US

T (1.1% | 7.2x)

AT&T

VZ (0.5% | 5.3x)

Verizon Communications

Higher Rev Chg LTM (Value for CRUS: 2.2%)

LLY (36.8%)

Eli Lilly

META (21.3%)

Meta Platforms

GOOGL (13.4%)

Alphabet

AMZN (10.9%)

Amazon.com

WMT (4.3%)

Walmart

Higher Rev Chg 3Y Avg (Value for CRUS: -0.1%)

BRK-B (19.8%)

Berkshire Hathaway

META (17.3%)

Meta Platforms

AMZN (11.3%)

Amazon.com

GOOGL (11.0%)

Alphabet

TSLA (9.3%)

Tesla

Higher Op Mgn LTM (Value for CRUS: 23.0%)

MA (58.3%)

Mastercard

META (43.2%)

Meta Platforms

LLY (43.0%)

Eli Lilly

GOOGL (32.2%)

Alphabet

JNJ (26.2%)

Johnson & Johnson

Higher CFO/Rev LTM (Value for CRUS: 28.6%)

V (57.6%)

Visa

BAC (57.3%)

Bank of America

META (56.8%)

Meta Platforms

MA (56.1%)

Mastercard

GOOGL (39.3%)

Alphabet

Higher FCF/Rev LTM (Value for CRUS: 27.4%)

RY (79.6%)

Royal Bank of Canada

BAC (57.3%)

Bank of America

V (53.9%)

Visa

MA (52.5%)

Mastercard

ABBV (33.0%)

AbbVie

Higher Total Yield (Value for CRUS: 6.2%)

XOM (9.3%)

Exxon Mobil

JNJ (7.5%)

Johnson & Johnson

BAC (7.1%)

Bank of America

JPM (6.5%)

JPMorgan Chase

BRK-B (6.3%)

Berkshire Hathaway

		Best Bets In Information Technology Sector
	CRUS	VRSN	IDCC	NVDA	RMBS	GEN	ZM	DBX	YOU	MPWR	DAVE
What You Pay
P/E	16.3	28.3	17.2	45.0	44.8	30.0	16.9	14.8	19.6	23.9	20.0
P/EBIT	12.8	20.5	14.0	38.4	38.2	10.6	24.5	12.0	21.4	65.4	22.8
What You Get
Rev Chg Q	3.5%	7.3%	28.0%	62.5%	22.7%	25.3%	4.4%	-0.7%	15.5%	18.9%	63.0%
Rev Chg LTM	2.2%	5.5%	28.8%	65.2%	31.0%	16.2%	3.8%	-0.4%	17.8%	30.5%	53.8%
Rev Chg 3Y Avg	-0.1%	5.2%	27.1%	91.6%	17.3%	16.5%	3.4%	3.4%	31.0%	17.2%	38.6%
FCF/Rev 3Y Avg	21.1%	57.4%	54.2%	43.4%	39.3%	36.7%	36.1%	33.4%	32.5%	28.6%	26.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 24%, alpha of 2.9%, and sharpe of 1.04

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Cirrus Logic Earnings Notes
2	How Low Can Cirrus Logic Stock Really Go?	Return
3	How Does Cirrus Logic Stock Stack Up Against Its Peers?	Peer Comparison
4	Better Bet Than CRUS Stock: Pay Less Than Cirrus Logic To Get More From OKE, CCL
5	Better Bet Than CRUS Stock: Pay Less Than Cirrus Logic To Get More From ACIW
6	CRUS Dip Buy Analysis
7	Cirrus Logic Total Shareholder Return (TSR): 7.5% in 2025 and 4.3% 3-yr compounded annual returns (below peer average)
8	Cirrus Logic (CRUS) Operating Cash Flow Comparison	Financials
9	Cirrus Logic (CRUS) Net Income Comparison	Financials
10	Cirrus Logic (CRUS) Operating Income Comparison	Financials
11	ARTICLES
12	Cirrus Logic Stock: A Smart Semiconductor Bet?		June 28th, 2021

	Title
0	DASHBOARDS
1	Cirrus Logic Earnings Notes
2	How Low Can Cirrus Logic Stock Really Go?
3	How Does Cirrus Logic Stock Stack Up Against Its Peers?
4	Better Bet Than CRUS Stock: Pay Less Than Cirrus Logic To Get More From OKE, CCL
5	Better Bet Than CRUS Stock: Pay Less Than Cirrus Logic To Get More From ACIW
6	CRUS Dip Buy Analysis
7	Cirrus Logic Total Shareholder Return (TSR): 7.5% in 2025 and 4.3% 3-yr compounded annual returns (below peer average)
8	Cirrus Logic (CRUS) Operating Cash Flow Comparison
9	Cirrus Logic (CRUS) Net Income Comparison
10	Cirrus Logic (CRUS) Operating Income Comparison
11	ARTICLES
12	Cirrus Logic Stock: A Smart Semiconductor Bet?

Trade Ideas

Select ideas related to CRUS. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
ENPH_11302025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11302025	ENPH	Enphase Energy	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	16.1%	16.1%	-0.9%
PD_11262025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11262025	PD	PagerDuty	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	12.0%	12.0%	0.0%
CRM_11212025_Dip_Buyer_FCFYield	11212025	CRM	Salesforce	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	16.7%	16.7%	-0.1%
HUBS_11212025_Dip_Buyer_High_CFO_Margins_ExInd_DE	11212025	HUBS	HubSpot	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	12.8%	12.8%	0.0%
FIVN_11212025_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG	11212025	FIVN	Five9	Dip Buy	DB \| FCF Yield \| Low D/EDip Buy with High Free Cash Flow Yield Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap	7.8%	7.8%	0.0%
CRUS_9302022_Dip_Buyer_FCFYield	09302022	CRUS	Cirrus Logic	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	59.0%	7.5%	-7.2%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ADEA	Adeia	1.8	30.5%	21.0%
AAOI	Applied Optoelectronics	2.5	24.8%	6.1%
QBTS	D-Wave Quantum	11.0	20.0%	283.2%
ZBIO	Zenas BioPharma	1.8	17.1%	416.8%
UNF	UniFirst	3.6	16.1%	16.4%
FLY	Firefly Aerospace	4.0	16.0%
UAMY	United States Antimony	0.7	16.0%	215.8%
RZLT	Rezolute	0.2	15.8%	-58.2%
RCAT	Red Cat	0.8	14.5%	-28.2%
KURA	Kura Oncology	1.0	14.5%	29.4%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
TPL	Texas Pacific Land	7.0	-66.3%	-72.5%
EWTX	Edgewise Therapeutics	2.2	-18.0%	-21.6%
DJT	Trump Media & Technology	4.0	-10.4%	-57.7%
AVO	Mission Produce	0.8	-9.7%	-17.0%
GTN-A	Gray Media	1.0	-8.0%	43.1%
ANGX	Angel Studios	0.8	-8.0%
DDS	Dillard's	9.6	-7.7%	48.3%
NKTR	Nektar Therapeutics	0.6	-7.2%	211.7%
MPLT	MapLight Therapeutics	0.8	-6.7%
TLRY	Tilray Brands	11.0	-6.6%	-21.7%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
LUNR	Intuitive Machines	2.0	50.1%	-8.1%
FBYD	Falcons Beyond Global	0.7	46.4%	129.2%
TE	T1 Energy	1.1	44.3%
HUT	Hut 8	5.3	42.2%	145.9%
FLY	Firefly Aerospace	4.0	40.5%
RKLB	Rocket Lab	39.9	40.0%	204.5%
DJT	Trump Media & Technology	4.0	37.8%	-57.7%
QBTS	D-Wave Quantum	11.0	35.6%	283.2%
EEX	Emerald	0.9	34.2%	-0.1%
AAOI	Applied Optoelectronics	2.5	30.8%	6.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.5	-79.5%	-26.1%
TPL	Texas Pacific Land	7.0	-63.9%	-72.5%
LW	Lamb Weston	6.0	-28.0%	-34.3%
OLMA	Olema Pharmaceuticals	2.4	-21.4%	383.4%
FDMT	4D Molecular Therapeutics	0.5	-20.5%	56.4%
NKTR	Nektar Therapeutics	0.6	-18.4%	211.7%
INSP	Inspire Medical Systems	2.9	-17.9%	-47.2%
PLAY	Dave & Buster's Entertainment	0.6	-17.9%	-45.0%
NKE	Nike	84.5	-15.6%	-22.6%
HPP	Hudson Pacific Properties	4.6	-14.9%	-51.6%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
TE	T1 Energy	1.1	168.4%
WVE	WAVE Life Sciences	2.9	166.0%	45.3%
LUNR	Intuitive Machines	2.0	107.3%	-8.1%
AAOI	Applied Optoelectronics	2.5	100.6%	6.1%
RKLB	Rocket Lab	39.9	96.4%	204.5%
VERA	Vera Therapeutics	3.4	93.0%	27.2%
ANF	Abercrombie & Fitch	5.9	83.9%	-16.6%
PL	Planet Labs PBC	6.3	83.4%	409.9%
ARWR	Arrowhead Pharmaceuticals	9.6	81.1%	267.0%
FTRE	Fortrea	1.6	76.2%	-5.1%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.2	-78.8%	-58.2%
TPL	Texas Pacific Land	7.0	-65.7%	-72.5%
JANX	Janux Therapeutics	0.9	-50.7%	-73.7%
FRMI	Fermi	6.2	-42.4%
LENZ	LENZ Therapeutics	0.5	-36.4%	-39.0%
GOGO	Gogo	0.6	-30.3%	-41.9%
UP	Wheels Up Experience	0.4	-27.4%	-62.1%
ACLX	Arcellx	3.7	-27.2%	-15.0%
ORIC	ORIC Pharmaceuticals	0.7	-26.8%	4.1%
KOS	Kosmos Energy	0.5	-26.5%	-71.8%

Peer Comparisons for Cirrus Logic

Peers to compare with:

Financials

	CRUS	ADI	QCOM	TXN	NXPI	MCHP	Median
Name	Cirrus L.	Analog D.	Qualcomm	Texas In.	NXP Semi.	Microchi.
Mkt Price	120.55	275.82	174.22	178.82	228.94	66.24	176.52
Mkt Cap	6.2	135.4	187.8	162.5	57.7	35.8	96.6
Rev LTM	1,948	11,020	44,284	17,266	12,045	4,212	11,532
Op Inc LTM	449	3,002	12,394	6,012	3,001	155	3,002
FCF LTM	534	4,279	12,820	2,080	1,770	754	1,925
FCF 3Y Avg	403	3,652	11,277	1,732	2,255	1,807	2,031
CFO LTM	557	4,812	14,012	6,897	2,320	841	3,566
CFO 3Y Avg	435	4,494	12,504	6,560	3,100	2,047	3,797

Growth & Margins

	CRUS	ADI	QCOM	TXN	NXPI	MCHP	Median
Name	Cirrus L.	Analog D.	Qualcomm	Texas In.	NXP Semi.	Microchi.
Rev Chg LTM	2.2%	16.9%	13.7%	9.9%	-6.8%	-23.4%	6.0%
Rev Chg 3Y Avg	-0.1%	-1.4%	1.2%	-4.6%	-2.3%	-14.9%	-1.8%
Rev Chg Q	3.5%	25.9%	10.0%	14.2%	-2.4%	-2.0%	6.8%
QoQ Delta Rev Chg LTM	1.0%	6.1%	2.4%	3.5%	-0.6%	-0.6%	1.7%
Op Mgn LTM	23.0%	27.2%	28.0%	34.8%	24.9%	3.7%	26.1%
Op Mgn 3Y Avg	20.3%	27.2%	25.9%	38.0%	27.2%	21.0%	26.5%
QoQ Delta Op Mgn LTM	0.4%	1.9%	-0.2%	-0.1%	-0.7%	-1.2%	-0.1%
CFO/Rev LTM	28.6%	43.7%	31.6%	39.9%	19.3%	20.0%	30.1%
CFO/Rev 3Y Avg	22.8%	41.2%	31.5%	38.6%	24.3%	30.4%	30.9%
FCF/Rev LTM	27.4%	38.8%	28.9%	12.0%	14.7%	17.9%	22.7%
FCF/Rev 3Y Avg	21.1%	33.6%	28.4%	10.2%	17.7%	26.9%	24.0%

Valuation

	CRUS	ADI	QCOM	TXN	NXPI	MCHP	Median
Name	Cirrus L.	Analog D.	Qualcomm	Texas In.	NXP Semi.	Microchi.
Mkt Cap	6.2	135.4	187.8	162.5	57.7	35.8	96.6
P/S	3.2	12.3	4.2	9.4	4.8	8.5	6.6
P/EBIT	12.8	44.7	14.1	26.1	18.9	754.6	22.5
P/E	16.3	59.7	33.9	32.2	28.0	-193.2	30.1
P/CFO	11.1	28.1	13.4	23.6	24.9	42.5	24.2
Total Yield	6.2%	3.1%	5.0%	6.1%	5.4%	1.5%	5.2%
Dividend Yield	0.0%	1.4%	2.0%	3.0%	1.8%	2.1%	1.9%
FCF Yield 3Y Avg	6.6%	3.5%	7.0%	1.1%	4.0%	4.4%	4.2%
D/E	0.0	0.1	0.1	0.1	0.2	0.2	0.1
Net D/E	-0.1	0.0	0.0	0.1	0.1	0.1	0.0

Returns

	CRUS	ADI	QCOM	TXN	NXPI	MCHP	Median
Name	Cirrus L.	Analog D.	Qualcomm	Texas In.	NXP Semi.	Microchi.
1M Rtn	2.1%	19.1%	7.2%	12.2%	20.2%	30.1%	15.7%
3M Rtn	-5.3%	11.9%	3.2%	0.4%	1.9%	2.2%	2.0%
6M Rtn	14.1%	20.3%	15.0%	-9.8%	10.1%	-1.9%	12.1%
12M Rtn	19.9%	32.4%	16.5%	-1.2%	10.9%	23.1%	18.2%
3Y Rtn	60.8%	77.3%	68.3%	19.1%	53.6%	1.9%	57.2%
1M Excs Rtn	1.0%	17.7%	4.5%	11.4%	19.7%	29.9%	14.6%
3M Excs Rtn	-8.7%	8.8%	-0.0%	-4.2%	-1.4%	-0.0%	-0.7%
6M Excs Rtn	0.1%	5.4%	0.2%	-24.6%	-6.7%	-17.3%	-3.3%
12M Excs Rtn	2.7%	17.8%	-0.8%	-17.3%	-6.2%	4.6%	1.0%
3Y Excs Rtn	-20.8%	-1.6%	-16.7%	-61.4%	-29.9%	-78.6%	-25.4%

Comparison Analyses

	Title
0	How Does Cirrus Logic Stock Stack Up Against Its Peers?
1	Cirrus Logic vs. Texas Instruments: With Return Forecast Of 28%, Cirrus Logic Is A Better Bet
2	Why SMTC With 13% Upside May Beat CRUS?
3	Cirrus Logic vs. Applied Materials: Both Seem Similar Bets
4	Cirrus Logic vs. Amkor Technology: With Return Forecast Of 11%, Cirrus Logic Is A Better Bet
5	Cirrus Logic vs. Tyler Technologies: With Return Forecast Of 40%, Tyler Technologies Is A Better Bet
6	Cirrus Logic vs. FactSet Research Systems: With Return Forecast Of 13%, FactSet Research Systems Is A Better Bet
7	Cirrus Logic vs. Enphase Energy: With Return Forecast Of -0.7%, Cirrus Logic Is A Better Bet
8	Cirrus Logic vs. MDU Resources Group: Similar Market Cap, But MDU Resources Group Is A Better Bet
9	Cirrus Logic vs. Curtiss: Similar Market Cap, But Cirrus Logic Is A Better Bet

FDIC Bank Data

$ Mil \| FY: 3/29	LTM	2025	2024	2023	2022	2021	2020
Period End	9/27/2025	3/29/2025	3/30/2024	3/25/2023	3/26/2022	3/27/2021	3/28/2020
Filing Date	11/4/2025	5/23/2025	5/24/2024	5/19/2023	5/20/2022	5/21/2021	5/20/2020
Key Financials
Total Revenue	1,948	1,896	1,789	1,898	1,781	1,369	1,281
EBITDA	535	497	413	327	432	293	251
Operating Income	449	410	345	345	366	238	195
Net Income	380	332	275	177	326	217	159
EPS	7.28	6.24	5.06	3.18	5.70	3.74	2.74
Growth Rates
Total Revenue Growth	2.2%	6.0%	-5.7%	6.5%	30.1%	6.9%	8.1%
EBITDA Growth	11.7%	20.2%	26.4%	-24.3%	47.1%	17.1%	43.5%
Operating Income Growth	12.7%	18.8%	0.0%	-5.7%	54.2%	21.6%	103.9%
Net Income Growth	15.8%	20.7%	55.4%	-45.9%	50.2%	36.3%	77.2%
Margins
EBITDA Margin	27.5%	26.2%	23.1%	17.2%	24.2%	21.4%	19.6%
Operating Income Margin	23.0%	21.6%	19.3%	18.2%	20.6%	17.3%	15.3%
Net Income Margin	19.5%	17.5%	15.3%	9.3%	18.3%	15.9%	12.4%
Cash & Debt
Total Cash	646	596	527	481	380	498	314
Total Debt	140	144	155	141	178	142	143
Net Debt / (Cash)	-505	-452	-371	-340	-203	-355	-171
Cash Flows
Net Cash from Operations	557	444	422	340	125	349	296
Free Cash from Operations	534	416	383	303	95	328	274
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	-0	-0
Share Repurchases	346	299	205	209	190	128	138

$ Mil \| FY: 3/29	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3
Period End	9/27/2025	6/28/2025	3/29/2025	12/28/2024	9/28/2024	6/29/2024	3/30/2024	12/30/2023	9/23/2023	6/24/2023	3/25/2023	12/24/2022
Filing Date	11/4/2025	8/5/2025	5/23/2025	2/4/2025	11/4/2024	8/6/2024	5/24/2024	2/6/2024	11/2/2023	8/3/2023	5/19/2023	2/2/2023
Key Financials Quarterly
Total Revenue	561	407	424	556	542	374	372	619	481	317	373	591
Ebitda	166	94	108	167	153	69	72	185	121	35	-40	159
Operating Income	145	72	86	146	132	47	52	167	108	18	34	141
Net Income	132	61	71	116	102	42	45	139	75	16	-54	103
EPS	2.57	1.17	1.35	2.19	1.92	0.79	0.83	2.57	1.38	0.28	-0.97	1.87
Key Financials TTM
Total Revenue TTM	1,948	1,929	1,896	1,843	1,907	1,846	1,789	1,790	1,761	1,821	1,898	2,015
Ebitda TTM	535	522	497	461	479	447	413	302	276	290	327	491
Operating Income TTM	449	436	410	377	398	374	345	327	301	309	345	420
Net Income TTM	380	350	332	305	328	301	275	176	141	153	177	327
Growth Rates Quarterly
Total Revenue Growth	3.5%	8.9%	14.2%	-10.2%	12.6%	18.0%	-0.3%	4.8%	-11.0%	-19.5%	-23.9%	7.7%
EBITDA Growth	8.8%	35.9%	50.2%	-9.9%	26.1%	98.1%	281.9%	16.2%	-10.3%	-51.4%	-131.6%	-1.5%
Operating Income Growth	9.8%	54.7%	64.1%	-12.8%	22.0%	163.0%	56.1%	18.3%	-7.0%	-67.2%	-68.9%	-1.9%
Net Income Growth	28.8%	44.2%	58.9%	-16.4%	35.5%	169.8%	183.6%	34.1%	-13.5%	-60.7%	-155.7%	-18.9%
Margins Quarterly
EBITDA Margin	29.7%	23.1%	25.4%	30.0%	28.2%	18.5%	19.3%	29.9%	25.2%	11.0%	-10.6%	27.0%
Operating Income Margin	25.8%	17.8%	20.2%	26.2%	24.3%	12.5%	14.1%	27.0%	22.5%	5.6%	9.0%	23.9%
Net Income Margin	23.5%	14.9%	16.8%	20.9%	18.8%	11.3%	12.1%	22.4%	15.7%	4.9%	-14.4%	17.5%
Cash & Debt
Total Cash	646	615	596	564	478	517	527	517	312	388	481	463
Total Debt	140	141	144	146	153	154	155	158	156	145	141	157
Net Debt / (Cash)	-505	-473	-452	-417	-326	-363	-371	-358	-157	-243	-340	-306
Cash Flows Quarterly
FCF from Operations	92	116	130	219	8	87	171	314	-23	-40	48	181
Cash Flows TTM
FCF from Operations TTM	557	473	444	485	580	549	422	299	167	225	340	550
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	41	101	104	99	53	42	52	71	43	40	37	64
Return on Invested Capital (ROIC) Quarterly
ROIC	35.5%	15.5%	18.4%	31.0%	25.7%	9.8%	11.4%	39.2%	19.2%	3.4%	9.3%	31.3%
Return on Invested Capital (ROIC) TTM
ROIC TTM	25.3%	23.1%	21.7%	19.7%	20.4%	19.9%	18.8%	17.0%	12.7%	14.6%	18.0%	24.5%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Audio Products	1,084	1,172	1,187	1,104
High-Performance Mixed-Signal (HPMS) Products	705	726	594	265
Non-Portable and Other Products					134
Portable Products					1,147
Total	1,789	1,898	1,781	1,369	1,281

Price Behavior

Price Behavior

Market Price	$120.55
Market Cap ($ Bil)	6.2
First Trading Date	03/26/1990
Distance from 52W High	-10.7%
	50 Days	200 Days
DMA Price	$123.15	$109.86
DMA Trend	up	indeterminate
Distance from DMA	-2.1%	9.7%
	3M	1YR
Volatility	33.3%	39.9%
Downside Capture	153.39	102.88
Upside Capture	107.37	104.98
Correlation (SPY)	55.8%	66.6%

CRUS Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	0.78	1.54	1.54	1.33	1.33	1.36
Up Beta	0.90	1.75	2.04	1.80	1.52	1.40
Down Beta	0.92	1.81	2.03	2.00	1.51	1.23
Up Capture	-16%	109%	115%	97%	104%	269%
Bmk +ve Days	12	25	38	73	141	426
Stock +ve Days	10	25	37	72	138	392
Down Capture	121%	153%	119%	79%	101%	108%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	9	16	25	51	107	354

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

		Comparison of CRUS With Other Asset Classes (Last 1Y)
	CRUS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	16.7%	21.7%	14.7%	67.3%	6.8%	-0.5%	-16.6%
Annualized Volatility	39.7%	27.8%	19.7%	19.3%	15.2%	17.6%	35.4%
Sharpe Ratio	0.48	0.69	0.57	2.54	0.23	-0.18	-0.25
Correlation With Other Assets		65.8%	66.6%	11.4%	28.7%	49.6%	22.8%

ETFs used for asset classes: Sector ETF = XLK, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of CRUS With Other Asset Classes (Last 5Y)
	CRUS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	9.0%	19.4%	15.0%	18.9%	11.8%	5.1%	35.8%
Annualized Volatility	36.5%	24.7%	17.1%	15.5%	18.7%	18.9%	48.9%
Sharpe Ratio	0.33	0.71	0.71	0.98	0.51	0.18	0.63
Correlation With Other Assets		62.5%	59.2%	9.6%	14.3%	38.9%	21.4%

Based On 10-Year Data

		Comparison of CRUS With Other Asset Classes (Last 10Y)
	CRUS	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	13.9%	22.4%	14.9%	14.9%	6.7%	5.5%	69.9%
Annualized Volatility	40.7%	24.2%	18.0%	14.8%	17.6%	20.8%	55.8%
Sharpe Ratio	0.46	0.85	0.71	0.84	0.30	0.23	0.90
Correlation With Other Assets		61.9%	58.6%	1.6%	18.4%	39.6%	13.0%

Short Interest

Short Interest: As Of Date	11282025
Short Interest: Shares Quantity	2,002,355
Short Interest: % Change Since 11152025	11.2%
Average Daily Volume	443,862
Days-to-Cover Short Interest	4.51
Basic Shares Quantity	51,175,000
Short % of Basic Shares	3.9%

Returns Analyses

	Title
0	How Low Can Cirrus Logic Stock Really Go?
1	Cirrus Logic Stock Return Comparison
2	[10/15/2021] Cirrus Logic (CRUS) Stock Price Forecast: AI Forecasts CRUS Stock Price To Be Around $82.00 In A Month (Up 2.4%)
3	Cirrus Logic Total Shareholder Return (TSR): 29.0% in 2023 and 18.6% 3-yr returns (above peer average)
4	Cirrus Logic (CRUS) Stock Return: AI Predicts CRUS Average and Excess Return After a Fall or Rise

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/4/2025	-7.9%	-7.1%	-4.5%
8/5/2025	-7.4%	3.5%	9.8%
2/4/2025	7.8%	2.1%	1.5%
11/4/2024	-7.1%	-5.4%	-6.3%
8/6/2024	7.5%	19.4%	19.9%
5/7/2024	12.2%	21.4%	30.4%
2/6/2024	14.6%	13.3%	20.2%
11/2/2023	0.3%	-1.4%	9.5%
...
SUMMARY STATS
# Positive	13	10	11
# Negative	10	13	12
Median Positive	4.5%	7.1%	9.8%
Median Negative	-7.3%	-5.0%	-6.6%
Max Positive	14.6%	21.4%	30.4%
Max Negative	-13.7%	-14.3%	-20.3%

	Forward Returns
11/4/2025	-7.9%	-7.1%	-4.5%
8/5/2025	-7.4%	3.5%	9.8%
2/4/2025	7.8%	2.1%	1.5%
11/4/2024	-7.1%	-5.4%	-6.3%
8/6/2024	7.5%	19.4%	19.9%
5/7/2024	12.2%	21.4%	30.4%
2/6/2024	14.6%	13.3%	20.2%
11/2/2023	0.3%	-1.4%	9.5%
8/3/2023	3.4%	3.1%	3.8%
5/4/2023	-3.5%	-4.9%	-6.9%
2/2/2023	7.9%	10.6%	8.3%
11/1/2022	4.5%	2.3%	10.7%
8/2/2022	5.3%	-1.0%	-8.7%
5/3/2022	4.5%	-1.8%	6.4%
1/31/2022	-7.3%	-8.8%	-1.6%
11/1/2021	-1.0%	-3.8%	-2.3%
7/28/2021	-2.7%	-5.0%	-1.8%
4/29/2021	-13.7%	-11.5%	-9.5%
2/1/2021	-8.1%	-8.6%	-20.3%
11/2/2020	3.9%	13.8%	21.2%
8/3/2020	-8.1%	-14.3%	-17.9%
5/4/2020	0.9%	1.8%	-0.0%
1/29/2020	2.6%	-2.3%	-15.9%
SUMMARY STATS
# Positive	13	10	11
# Negative	10	13	12
Median Positive	4.5%	7.1%	9.8%
Median Negative	-7.3%	-5.0%	-6.6%
Max Positive	14.6%	21.4%	30.4%
Max Negative	-13.7%	-14.3%	-20.3%

SEC Filings

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Report Date	Filing Date	Filing
9302025	11042025	10-Q 9/27/2025
6302025	8052025	10-Q 6/28/2025
3312025	5232025	10-K 3/29/2025
12312024	2042025	10-Q 12/28/2024
9302024	11042024	10-Q 9/28/2024
6302024	8062024	10-Q 6/29/2024
3312024	5242024	10-K 3/30/2024
12312023	2062024	10-Q 12/30/2023
9302023	11022023	10-Q 9/23/2023
6302023	8032023	10-Q 6/24/2023
3312023	5192023	10-K 3/25/2023
12312022	2022023	10-Q 12/24/2022
9302022	11012022	10-Q 9/24/2022
6302022	8022022	10-Q 6/25/2022
3312022	5202022	10-K 3/26/2022
12312021	1312022	10-Q 12/25/2021

Insider Activity

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	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Alberty Carl Jackson	EVP, MSP	11122025	Sell	116.65	1,000	116,650	4,507,939	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Cirrus Logic (CRUS)

Market Price (12/23/2025): $120.55 | Market Cap: $6.2 BilSector: Information Technology | Industry: Semiconductors

Cirrus Logic (CRUS)

Market Price (12/23/2025): $120.55Market Cap: $6.2 BilSector: Information TechnologyIndustry: Semiconductors

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

CRUS Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Cirrus Logic (CRUS)

Major Customers of Cirrus Logic (CRUS)

Customer Company:

Share Repurchases

Share Issuance

Outbound Investments

Capital Expenditures

Interactive Breakdown

Better Bets than Cirrus Logic (CRUS)

INDUSTRY: Semiconductors

Higher Rev Chg 3Y Avg | Lower P/S (Values for CRUS: -0.1% | 3.2x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for CRUS: -0.1% | 13.7x)

Higher Rev Chg LTM (Value for CRUS: 2.2%)

Higher Rev Chg 3Y Avg (Value for CRUS: -0.1%)

Higher Op Mgn LTM (Value for CRUS: 23.0%)

Higher CFO/Rev LTM (Value for CRUS: 28.6%)

Higher FCF/Rev LTM (Value for CRUS: 27.4%)

Higher Total Yield (Value for CRUS: 6.2%)

SECTOR: Information Technology

Higher Rev Chg 3Y Avg | Lower P/S (Values for CRUS: -0.1% | 3.2x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for CRUS: -0.1% | 13.7x)

Higher Rev Chg LTM (Value for CRUS: 2.2%)

Higher Rev Chg 3Y Avg (Value for CRUS: -0.1%)

Higher Op Mgn LTM (Value for CRUS: 23.0%)

Higher CFO/Rev LTM (Value for CRUS: 28.6%)

Higher FCF/Rev LTM (Value for CRUS: 27.4%)

Higher Total Yield (Value for CRUS: 6.2%)

All Other Sectors

Higher Rev Chg 3Y Avg | Lower P/S (Values for CRUS: -0.1% | 3.2x)

Higher Rev Chg 3Y Avg | Lower P/Op Inc (Values for CRUS: -0.1% | 13.7x)

Higher Rev Chg LTM (Value for CRUS: 2.2%)

Higher Rev Chg 3Y Avg (Value for CRUS: -0.1%)

Higher Op Mgn LTM (Value for CRUS: 23.0%)

Higher CFO/Rev LTM (Value for CRUS: 28.6%)

Higher FCF/Rev LTM (Value for CRUS: 27.4%)

Higher Total Yield (Value for CRUS: 6.2%)

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Market Price (12/23/2025): $120.55 | Market Cap: $6.2 Bil
Sector: Information Technology | Industry: Semiconductors

Market Price (12/23/2025): $120.55
Market Cap: $6.2 Bil
Sector: Information Technology
Industry: Semiconductors