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Cirrus Logic Inc has a consensus price target of $111.36 based on the ratings of 12 analysts. The high is $165 issued by Keybanc on August 7, 2024. The low is $80 issued by Loop Capital on May 22, 2023. The 3 most-recent analyst ratings were released by Susquehanna, Stifel, and Barclays on November 18, 2024, November 5, 2024, and November 5, 2024, respectively. With an average price target of $128.33 between Susquehanna, Stifel, and Barclays, there's an implied 27.54% upside for Cirrus Logic Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Cirrus Logic (NASDAQ:CRUS) was reported by Susquehanna on November 18, 2024. The analyst firm set a price target for $140.00 expecting CRUS to rise to within 12 months (a possible 39.14% upside). 20 analyst firms have reported ratings in the last year.
The latest analyst rating for Cirrus Logic (NASDAQ:CRUS) was provided by Susquehanna, and Cirrus Logic maintained their positive rating.
The last upgrade for Cirrus Logic Inc happened on November 1, 2023 when Loop Capital raised their price target to $100. Loop Capital previously had a hold for Cirrus Logic Inc.
The last downgrade for Cirrus Logic Inc happened on October 10, 2024 when Barclays changed their price target from $140 to $120 for Cirrus Logic Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Cirrus Logic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Cirrus Logic was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Cirrus Logic (CRUS) rating was a maintained with a price target of $135.00 to $140.00. The current price Cirrus Logic (CRUS) is trading at is $100.62, which is out of the analyst’s predicted range.
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