Cirrus Logic

At the Technology Leadership Forum 2026, Cirrus Logic presented a strategy shifting from smartphone audio to broader mixed‑signal markets such as voice‑controlled AI PCs, power ICs for 3D sensing, physical/edge AI and smart metering. In the short term the business is weighed down by OSAT bottlenecks, memory shortages and delayed PC platform launches, but gross margins are expected to remain resilient. The company does not plan any new customer‑specific silicon this year; instead it will pursue content expansion, greater integration into existing platforms and targeted investments in IP validation and R&D. » Mere på de.investing.com

Cirrus Logic reported adjusted earnings of $1.84 per share (expectation $1.82) on revenue of $459.7 million, which narrowly missed estimates but was a record for the first fiscal quarter. The stock fell about 4.9% from the prior close after the results as investors focused on the slight revenue shortfall and the mixed outlook. Management highlighted a strong pipeline for high‑performance mixed‑signal products, increased R&D spending, and warned of near‑term headwinds in the PC business. For the next quarter Cirrus Logic forecasts revenue between $510 million and $570 million (midpoint $540 million). » Mere på de.investing.com

Cirrus Logic introduced a new family of nine ADCs, DACs and CODECs targeted at professional and prosumer audio products, including musical instruments, podcast interfaces, mixing consoles and studio gear. The devices emphasize enhanced analog capabilities such as hybrid gain control to reduce input-referred noise while keeping system complexity and costs down. The expanded converter portfolio lets manufacturers scale advanced audio features across mid-tier, price-sensitive professional applications and complements Cirrus Logic's existing high-performance product lines. » Mere på finance.yahoo.com

Analysts expect Cirrus Logic to report earnings per share of $1.76 on May 6, an increase of 34.35% from $1.31 in the year-ago quarter. Estimated revenues average $442.1 million, up 4.16% from $424.5 million a year earlier. For the most recent fiscal year, analysts forecast a median EPS of $9.06 and revenues of about $1.99 billion. » Mere på finanzen.net

Cirrus Logic stock rose to a record high of $162.79 and is up about 89.6% year-to-date. The company surprised in the third fiscal quarter with earnings per share roughly 22% higher and revenue of $580.6 million, beating expectations. Valuation metrics (P/E 21.47, PEG 0.53) signal relative attractiveness, and analysts raised price targets (Benchmark $160, Stifel $163, KeyBanc $175). Apple named Cirrus Logic as a partner in the expansion of its American Manufacturing Program, which foresees $400 million of investments through 2030. » Mere på de.investing.com