Cirrus Logic (CRUS) Soars 5.27% on Strong Q4 Earnings

Cirrus Logic (CRUS) shares surged 5.27% today, marking the third consecutive day of gains, with a cumulative increase of 9.49% over the past three days. The stock price reached its highest level since March 2025, with an intraday gain of 6.63%.

The strategy of buying Cirrus Logic (CRUS) shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years. The 52-week high on February 28, 2025, was $98.72. Holding CRUS for 1 week from that date resulted in a 23.34% upside potential, based on the average analyst target price of $121.76. However, considering the 5-year total shareholder return (TSR) of 52%, the strategy slightly underperformed the market, with the market return being approximately 60%.

Cirrus Logic's recent stock price surge can be attributed to the company's better-than-expected Q4 financial results. The positive financial performance has significantly boosted investor confidence, driving the stock price higher. This strong performance indicates that Cirrus Logic is on a solid footing, with a promising outlook for the future. Investors are likely to continue monitoring the company's progress, as any further positive developments could lead to additional gains in the stock price.