Stock Price & Analysis

Based on the provided data and recent market activity, here's a comprehensive analysis of CRUS stock:

Technical Analysis

The stock is showing mixed signals in recent trading. CRUS closed at $91.75 on February 22, 2025, with a -2.00% decline during regular trading hours. The stock has been trading in a range between $89-$92 over the past week, indicating some consolidation.

Recent Performance & Catalysts

• Strong Q3 FY2025 Results: The company exceeded revenue guidance with $556 million in revenue
• Positive Apple Relationship: Maintains "outstanding" relationship with largest customer (91% of revenue)
• Product Diversification: Successfully expanded into laptop audio solutions and secured design wins with Android OEMs

Growth Drivers

• AI Integration: Management highlighted strong design activity across product lines
• Apple Device Growth: Potential beneficiary of improving iPad and MacBook sales with AI features
• Component Expansion: Now supplying multiple components including camera controllers and haptics for iPhones

Valuation & Financial Metrics

The stock appears attractively valued:

• Trading at 19x earnings
• Analysts' median price target of $135 suggests 29% upside potential
• Recently upgraded to Buy by Benchmark with $125 price target

Recommendation Based on the technical and fundamental analysis, CRUS presents a compelling buying opportunity at current levels. The company's strong relationship with Apple, product diversification efforts, and attractive valuation make it an appealing investment despite some near-term volatility.

Risk Factors

• High customer concentration (91% Apple dependency)
• Potential supply chain disruptions
• Competitive pressures in the semiconductor industry

Based on the provided data and recent news, here's a price prediction analysis for CRUS stock in 2025:

Technical Analysis

The stock shows a strong technical setup with:

• RSI-14 at 58.31 indicating moderate bullish momentum
• MACD (12,26,9) showing positive divergence with MACD at 2.19 and signal at 1.40
• Price trading above key SMAs (20-day: $104.57, 60-day: $103.67)
• Bollinger Bands showing price near upper band, suggesting strong momentum

Fundamental Drivers

1. Strong Q3 FY25 Performance:

• Revenue of $556 million exceeded guidance range of $480-540 million
• Gross margins improved to 53.6% from 51.4% year-over-year
• EPS of $2.51 beat analyst consensus of $2.04

2. Growth Catalysts:

• Expanding beyond Apple with laptop audio solutions
• New design wins in Android smartphones
• Benefiting from AI features in Apple devices
• iPhone 16 content gains with camera controllers and haptics

Price Target Scenarios

Based on analyst consensus and technical analysis:

• Bullish Case ($135): Supported by multiple analyst upgrades

  • Benchmark: $125 price target
  • Barclays: $115 price target
  • Consensus target: $134.17 (24.13% upside)

• Base Case ($120): Aligned with Fibonacci R3 level of $119.59

  • Driven by continued Apple relationship strength
  • Market share gains in laptops

• Conservative Case ($110): Near current trading levels

  • Accounts for Apple concentration risk (91% of revenue)
  • Potential semiconductor cycle weakness

Most likely scenario: Base Case ($120) by end of 2025, representing about 10% upside from current levels. This is supported by:

• Strong technical momentum
• Improving fundamentals
• Multiple analyst upgrades
• Product diversification efforts

The S1 support level for CRUS Stock is $102.49 ,The R1 resistant level for CRUS Stock is $111.94.

As of the end of day on 2025-02-21, the price of CRUS Stock was $109.07.

The target price for CRUS Stock according to analyst rating is 130.00, with the highest price target at 140.00 and the lowest at 115.00. Analysts have a Strong Buy rating on CRUS Stock overall.

The market cap of CRUS is $5.8B.

Based on the provided data and recent market analysis, here are 5 concise sentences about CRUS's valuation:

CRUS is currently trading at a P/E ratio of 34.2x (FY2023), which appears elevated compared to its historical P/E of 15.89x in FY2022, suggesting some overvaluation from a pure earnings perspective. The stock's EV/EBITDA ratio of 12.85x is relatively reasonable for a semiconductor company, indicating fair operational value despite heavy reliance on Apple which accounts for 91% of revenue. Trading at 3.18x sales and 3.51x book value, CRUS shows moderate valuation metrics compared to the broader semiconductor sector. Technical indicators show the stock is currently trading above its 20-day moving average of 104.57 but below its 200-day moving average of 117.11, suggesting mixed momentum signals. With analysts setting price targets around $128-135 representing 25-30% upside potential, the stock appears moderately undervalued considering its strong earnings beat and growth prospects in expanding beyond mobile devices.

Cirrus Logic, Inc. is engaged in low-power, high-precision mixed-signal processing solutions. The Company's product line categories are Audio and High-Performance Mixed-Signal (HPMS). It is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, tablets, laptops, virtual reality/augmented reality headsets, home theater systems, automotive entertainment systems and professional audio systems. Its Audio Products include boosted amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors. The Company’s HPMS Products include camera controllers, haptics and sensing solutions, battery, and power integrated circuits (ICs). Additionally, the Company’s SoundClear technology consists of a broad portfolio of tools, software and algorithms that help to differentiate its customers’ products by improving the user experience.

Based on the provided data and market analysis, here is the price prediction for CRUS stock by 2030:

CRUS stock is projected to reach $175-185 by 2030, representing a 60-70% upside from current levels. This forecast is driven by three key factors:

1. Strong AI & Mixed-Signal Growth: Cirrus Logic's expansion into high-performance mixed-signal (HPMS) solutions and AI-related audio processing shows promising growth potential. The company's inclusion in Intel's Arrow Lake design signals successful diversification beyond mobile devices.

2. Apple Relationship Stability: Despite heavy reliance on Apple (87% of sales), the relationship remains "outstanding" with continued strong design activity. As Apple integrates more AI features across devices, Cirrus Logic is well-positioned to benefit from increased component demand per device.

3. Margin Expansion: Gross margins have improved to 53.6% from 51.4% year-over-year, demonstrating operational efficiency gains. The company's focus on high-margin products and cost optimization should drive further profitability improvements.

The stock currently trades at $109.07, showing strong technical support around the $100 level. Recent analyst upgrades from Benchmark and Barclays, with price targets of $125 and $115 respectively, support the positive long-term outlook.

CRUS has a total of 1702 employees.