CRUS Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
Cirrus Logic Inc (CRUS) is currently not a strong buy for a beginner investor with a long-term focus. While the company shows positive financial growth and hedge fund interest, the lack of strong AI Stock Picker or SwingMax signals, mixed analyst ratings, insider selling, and limited recent news catalysts suggest a hold position until stronger entry signals or catalysts emerge.
The technical indicators are moderately positive. The MACD histogram is above 0 and contracting positively, suggesting a bullish trend. The RSI is neutral at 68.8, and the moving averages (SMA_5 > SMA_20 > SMA_200) are bullish. The stock is trading near its resistance level (R1: 144.654), which might limit immediate upside potential.
Hedge funds are significantly increasing their holdings, with a 4772.36% increase in buying over the last quarter.
Strong financial performance in Q3 2026, with revenue up 4.48% YoY, net income up 20.95% YoY, and EPS up 26.07% YoY.
Analysts like Stifel raised the price target to $163 and maintained a Buy rating, citing strong Q3 results and a positive revenue outlook for Q4.
Insiders are selling, with a 226.56% increase in selling activity over the last month.
Barclays and Loop Capital analysts provided mixed ratings, with one downgrading the stock to Hold and another maintaining an Equal Weight rating.
Gross margin dropped slightly by -0.95% YoY, which could indicate cost pressures.
In Q3 2026, Cirrus Logic reported revenue growth of 4.48% YoY to $580.62M, net income growth of 20.95% YoY to $140.31M, and EPS growth of 26.07% YoY to $2.66. However, gross margin declined slightly to 53.07%, down -0.95% YoY.
Analyst sentiment is mixed. Stifel raised the price target to $163 and maintained a Buy rating, citing strong Q3 results and a positive Q4 outlook. Barclays raised the price target to $110 but maintained an Equal Weight rating, while Loop Capital downgraded the stock to Hold with a reduced price target of $130.
