Reading CRUS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CRUS free→Reading CRUS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track CRUS free→NASDAQInformation TechnologySemiconductorsSnapshot 2026-06-16
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
Recent financial performance is strong, while earnings quality and management's recent track record are neutral. The company has a capital-unfriendly stance, and risk is moderate, with the sector backdrop providing a tailwind. Peer multiples imply a price about 68% above where it trades (it looks cheap on this basis); the read is cheap, quality intact. The outlook hinges on guidance changes and the performance of sector bellwethers like NVDA, TSM, and AVGO. This read is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 6 valuation methods, at three horizons. Current price $160.76. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $166 CRUS trades at 18× p/e, below its 70× p/e peer median. Our $520 fair value sits above the price; low confidence. Analysts: $175–$200. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 68% below a flat-multiple fair value, below our forecast of about 1%. This describes what's priced in, not a forecast of the move.
Only weak execution quality, a turbulent sector regime (Heating) — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 73% of the time over the next year (vs 58% for the rest of the cohort, n=2777).
Over the trailing year it converted 1.57x of net income into operating cash flow. Historically, Information Technology names rated neutral grew net income 62% of the time over the next year (vs 58% for the rest of the cohort, n=2831).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $1.49 → $1.82 (+22.0% / 30d). 4 raised, 0 cut, 6 covering analysts.
0 upgrades, 0 downgrades / 30d. 50% of analysts rate Buy.
Market and fundamentals agree. Analysts are positioned bullishly on a fundamentally strong name.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$170.
How much price usually moves either way.
On a bad day, this stock has moved -$330.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,594.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Falling below this range would signal weaker demand and hurt growth expectations.
Confirms:Q1 FY27 revenue reported below $430 million.
Disproves:Q1 FY27 revenue reported above $490 million.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for CRUS yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Results of Operations and Financial Condition. On May 6, 2026, Cirrus Logic issued a press release announcing its financial results for its fourth quarter and full fiscal year 2026. The full text of the press release is furnished as Exhibit No. 99.1 to this Current Report on Form 8-K.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$175.00 – $200.00 (median $197.00) · 3 analysts · as of 2026-05-07
Looks cheaper than most peers in the same business.
Richer than its own typical valuation.
Trailing four: 2025-Q3, 2026-Q1, 2026-Q2, 2026-Q3
A side-by-side read on sector standing, valuation, and risk versus Semiconductors.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
CRUS Cirrus Logic | Above typical Show detailsSector percentile: 99 of 100 | inexpensive | moderate |
NVDA NVIDIA Corporation | Above typical Show detailsSector percentile: 88 of 100 | inexpensive | moderate |
TSM Taiwan Semiconductor Manufacturing Co. Ltd. | — | — | moderate |
AVGO Broadcom | Above typical Show detailsSector percentile: 79 of 100 | inexpensive | elevated |
MU Micron Technology | Above typical Show detailsSector percentile: 82 of 100 | expensive | elevated |
3 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 64% of the time over the next year (vs 57% for the rest of the cohort, n=1040).
Not investment advice. As of 2026-06-16.
via XLK
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-16.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on increasing revenue through strategic initiatives and market expansion.
Enhance operating income through cost management and efficiency improvements.
Expand the revolving credit facility to support strategic financial flexibility.
Why it matters: New products in automotive could expand market reach and drive future revenue.
Confirms:New car products are announced.
Disproves:No new product announcements in the automotive space.
Why it matters: Higher costs may show problems and lower operating income.
Confirms:GAAP operating costs are more than $161 million.
Disproves:GAAP operating costs are less than $155 million.
Why it matters: If costs drop below this level, it may hurt profits.
Confirms:Gross margin reported below 51%.
Disproves:Gross margin reported above 53%.
Why it matters: Revenue growth is key to Cirrus Logic's success. A drop below 5% signals trouble.
Confirms:Q1 revenue growth reported below 5% year over year.
Disproves:Q1 revenue growth stays above 5% year over year.
Why it matters: If revenue growth slows, it may signal a problem in Cirrus Logic's business. This could affect investor confidence.
Confirms:Revenue reported below $424.5 million in the next earnings report.
Disproves:Revenue reported above $448.5 million in the next earnings report.
Why it matters: Improving operating income shows better cost management. It is crucial for long-term growth.
Confirms:Operating income goes up by more than 10% from the last quarter.
Disproves:Operating income goes down or up by less than 10% from the last quarter.
Why it matters: A drop in operating income could show that Cirrus Logic is struggling to manage costs. This might hurt profitability.
Confirms:Operating income may be below $85.9 million in the next earnings report.
Disproves:Operating income may be above $90.3 million in the next earnings report.
have the meanings given to such terms in the Third Amended Credit Agreement. The Third Amended Credit Agreement provides for a $350 million senior secured revolving credit facility (the “Revolving Credit Facility”). The Revolving Credit Facility matures on May 4, 2031 (the “Maturity Date”). Cirrus Logic must repay any outstanding principal amount of all borrowings, together with all accrued but unpaid interest thereon, on the Maturity Date. The Revolving Credit Facility is required to be guar…
Creation of a Direct Financial Obligation or Obligation under an Off Balance Sheet Arrangement of a Registrant. On May 4, 2026, Cirrus Logic entered into the Third Amended Credit Agreement as described under
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective March 25, 2026, Jeff Woolard, the Chief Financial Officer of Cirrus Logic, Inc. (the “Company”), assumed the additional role of the Principal Accounting Officer. In connection with this change, Ulf Habermann ceased serving as the Company’s Principal Accounting Officer and will continue to serve in a senior role within the Company’s financ…
Results of Operations and Financial Condition. On February 3, 2026, Cirrus Logic, Inc. (“Cirrus Logic” or the “Company”) issued a press release announcing its financial results for its third quarter fiscal year 2026. The full text of the press release is furnished as Exhibit No. 99.1 to this Current Report on Form 8-K.