CIRRUS LOGIC, INC.
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Cirrus Logic (CRUS) reported a non-GAAP gross margin of 52.7% for Q1 2027, with Q2 guidance at 52-54%. Management cited cost cuts and lower wafer costs as offsets to pricing pressure. Analysts project $2.2B revenue and $298.8M earnings by 2029, with a 38% potential upside. The company aims to balance pricing and costs amid supply chain uncertainties.
Cirrus Logic (CRUS) reported fiscal Q1 earnings and revenue above expectations, driven by smartphone component demand and a wafer supply agreement. Shares are down 12.53% over 30 days but up 54.03% over 3 years. The company is diversifying into areas like camera controllers and power management. Analysts estimate a fair value of $165, significantly above the current price of $113.21, but risks include customer concentration and early-stage diversification.
Cirrus Logic (CRUS) reported record Q1 revenue of $459.7M, up 13% YoY, driven by smartphone components. PC segment outlook for 2027 was reduced due to supply constraints and delays. CEO John Forsyth highlighted growth in camera, battery, and power applications. The company has $1.2B in cash, no debt, and strong cash flow. Gross margin guidance for Q2 is 52-54%, with rising costs noted. Hedge fund ownership increased, but the stock trades at a forward P/E of 12.48.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning CRUS (CIRRUS LOGIC, INC.). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.
Recent CRUS coverage spans earnings and financial news.
In the last 30 days, CRUS insiders filed 1 SEC Form 4 transaction — no purchases and 1 sale ($139K). The most active reporter was Baumgartner Jeffrey W, EVP, R&D, with 1 filing. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
Margin guidance suggests modest pressure; no fresh catalyst, so impact is likely limited.
The beat plus a wafer supply agreement through 2028 is a near-term sentiment tailwind, but the article flags customer concentration risk.
Earnings beat and strong cash position support upside, but PC outlook cut and margin pressure create downside risk.
Strong earnings beat and upbeat guidance may support price appreciation.
The article is a management update on near-term margin support despite supply constraints, plus product pipeline commentary (camera controllers, voice AI PCs, SoundWire delay).
AlphAI scores every news story that mentions CRUS with an AI model for sentiment and relevance, and aggregates insider trades from CIRRUS LOGIC, INC.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Cirrus Logic (CRUS) reported a non-GAAP gross margin of 52.7% for Q1 2027, with Q2 guidance at 52-54%. Management cited cost cuts and lower wafer costs as offsets to pricing pressure. Analysts project $2.2B revenue and $298.8M earnings by 2029, with a 38% potential upside. The company aims to balance pricing and costs amid supply chain uncertainties.
2 min readCirrus Logic (CRUS) reported fiscal Q1 earnings and revenue above expectations, driven by smartphone component demand and a wafer supply agreement. Shares are down 12.53% over 30 days but up 54.03% over 3 years. The company is diversifying into areas like camera controllers and power management. Analysts estimate a fair value of $165, significantly above the current price of $113.21, but risks include customer concentration and early-stage diversification.
6 min readCirrus Logic (CRUS) reported record Q1 revenue of $459.7M, up 13% YoY, driven by smartphone components. PC segment outlook for 2027 was reduced due to supply constraints and delays. CEO John Forsyth highlighted growth in camera, battery, and power applications. The company has $1.2B in cash, no debt, and strong cash flow. Gross margin guidance for Q2 is 52-54%, with rising costs noted. Hedge fund ownership increased, but the stock trades at a forward P/E of 12.48.
3 min readCirrus Logic (CRUS) reported record Q1 fiscal 2027 revenue of $460M (+13% YoY) and EPS of $1.84. The company expects revenue of $510M-$570M in Q2. Management highlighted strong demand for audio and HPMS products, but reduced PC market expectations due to supply constraints. CRUS is expanding into new markets and secured wafer capacity with GlobalFoundries. Competitors Skyworks (SWKS) and Qualcomm (QCOM) also reported updates.
2 min readCirrus Logic (NASDAQ:CRUS) said its camera-controller and voice-enablement pipeline has mixed progress amid PC headwinds and supply-chain constraints. CFO Jeff Woolard cited higher supply-chain costs and tight OSAT capacity, while noting gross margin should rise somewhat this quarter. Management expects a fourth camera-controller generation and more codec/amplifier adoption.
4 min readCirrus Logic (CRUS) reported Q1 FY2027 revenue of $459.7M, up 13% year over year, and non-GAAP EPS of $1.84. Non-GAAP gross margin was 52.7%. Q2 revenue guidance is $510M to $570M and GAAP gross margin 52% to 54%. Cash and marketable securities were $1.2B, and the company repurchased shares during and after the quarter.
7 min readCirrus Logic (CRUS) reported record Q1 revenue of about $460M and record GAAP EPS of $1.47, citing strong smartphone audio demand and expanding high performance mixed signal products. The company guided Q2 revenue to $510M-$570M, announced GlobalFoundries capacity reservations for 2027-2028, and said it has about $1.2B cash with no debt and ongoing share buybacks. Simply Wall St estimates fair value at $184.25 versus a $124.92 close.
4 min readSimply Wall St reports Cirrus Logic (CRUS) shares fell about 4.5% to $123.54 after Q1 FY2027 results. Revenue rose to $459.7m from $407.3m, and basic EPS increased to $1.52 from $1.17. Non-GAAP gross margin stayed above 50%. The article cites concentration and timing risks, including reduced FY27 PC expectations.
6 min readCirrus Logic reported record fiscal Q1 2027 revenue of $459.7M for the quarter ended June 27, 2026, with GAAP EPS of $1.47 and non-GAAP EPS of $1.84, and GAAP gross margin of 52.6%. For Q2, it guided revenue to $510M-$570M and GAAP gross margin of 52%-54%, with GAAP R&D and SG&A of $163M-$169M. Management cited smartphone demand and AI PC codec interest.
2 min readCirrus Logic (CRUS) shares fell more than 10% after the company reported weaker-than-expected audio sales in its first quarter fiscal 2027 results. For the quarter ended June 27, Cirrus reported adjusted EPS of $1.84, according to the company.
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