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.
IPO Year: 1989
Exchange: NASDAQ
Website: cirrus.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/5/2025 | Hold → Buy | The Benchmark Company | |
| 11/12/2024 | $130.00 | Buy | Loop Capital |
| 10/10/2024 | $140.00 → $120.00 | Overweight → Equal Weight | Barclays |
| 5/16/2024 | Buy → Hold | The Benchmark Company | |
| 5/8/2024 | $100.00 → $115.00 | Buy | TD Cowen |
| 2/7/2024 | $90.00 → $100.00 | Outperform | TD Cowen |
| 11/1/2023 | $83.00 → $100.00 | Hold → Buy | Loop Capital |
| 5/22/2023 | $92.00 → $80.00 | Buy → Hold | Loop Capital |
| 5/5/2023 | $110.00 → $100.00 | Outperform | TD Cowen |
| 4/24/2023 | $120.00 → $110.00 | Overweight | KeyBanc Capital Markets |
The Benchmark Company upgraded Cirrus Logic from Hold to Buy
Loop Capital resumed coverage of Cirrus Logic with a rating of Buy and set a new price target of $130.00
Barclays downgraded Cirrus Logic from Overweight to Equal Weight and set a new price target of $120.00 from $140.00 previously
The Benchmark Company downgraded Cirrus Logic from Buy to Hold
TD Cowen reiterated coverage of Cirrus Logic with a rating of Buy and set a new price target of $115.00 from $100.00 previously
TD Cowen reiterated coverage of Cirrus Logic with a rating of Outperform and set a new price target of $100.00 from $90.00 previously
Loop Capital upgraded Cirrus Logic from Hold to Buy and set a new price target of $100.00 from $83.00 previously
Loop Capital downgraded Cirrus Logic from Buy to Hold and set a new price target of $80.00 from $92.00 previously
TD Cowen reiterated coverage of Cirrus Logic with a rating of Outperform and set a new price target of $100.00 from $110.00 previously
KeyBanc Capital Markets reiterated coverage of Cirrus Logic with a rating of Overweight and set a new price target of $110.00 from $120.00 previously