Cirrus Logic Receives Buy Rating from Stifel Nicolaus with $120 Price Target

Cirrus Logic has received a Buy rating from Stifel Nicolaus with a price target of $120.00. The company's shares closed at $113.11. The analyst consensus rating for Cirrus Logic is a Strong Buy with an average price target of $128.50. Corporate insider sentiment is negative, with an increase in insiders selling their shares.

Cirrus Logic Inc. (CRUS) has received a strong buy rating from Stifel Nicolaus with a price target of $120.00, according to the latest analyst reports. The consensus rating among brokerages stands at a strong buy, with an average price target of $128.50 [1]. This positive sentiment comes on the heels of the company's recent earnings report, where it beat estimates by $0.44 per share, reporting $1.51 EPS for the quarter [1].

The company's shares closed at $113.11 on July 2, 2025, indicating a slight increase from its recent lows. The stock has seen a range of $75.83 to $147.46 over the past year, with a 50-day moving average of $104.89 and a 200-day moving average of $101.18 [1]. Despite the positive analyst ratings, corporate insider sentiment has been negative, with an increase in insiders selling their shares. Director Alexander M. Davern sold 1,000 shares, and EVP Jeffrey W. Baumgartner sold 10,000 shares in recent transactions [1].

Several brokerages have revised their ratings and price targets for Cirrus Logic. Barclays increased its price target to $90.00 and gave the stock an equal weight rating, while Wall Street Zen downgraded the stock from a strong buy to a buy rating [1]. Stifel Nicolaus set a price target of $120.00, and other analysts have also revised their estimates upwards [1].

Institutional investors have also shown interest in Cirrus Logic, with hedge funds and other institutional investors owning 87.96% of the company's stock [1]. Castlekeep Investment Advisors LLC, Norges Bank, AQR Capital Management LLC, Ameriprise Financial Inc., and Nuveen LLC have all increased their stakes in the company [1].

Cirrus Logic is a fabless semiconductor company that develops low-power high-precision mixed-signal processing solutions. The company offers audio products, including amplifiers, codecs, and smart codecs, among others. Despite the strong analyst ratings, the company's recent earnings beat did not lift the stock price over the $120.00 mark, indicating that investors are cautious about the company's future prospects [2].

References:
[1] https://www.marketbeat.com/instant-alerts/cirrus-logic-inc-nasdaqcrus-receives-average-recommendation-of-moderate-buy-from-brokerages-2025-08-16/
[2] https://seekingalpha.com/article/4813516-cirrus-logic-why-the-earnings-beat-did-not-lift-the-stock-over-the-hump