Cirrus Logic Inc (CRUS) Stock AnalysisCRUSCirrus Logic Inc

Cirrus Logic, Inc. is a provider of low-power, high-precision mixed-signal processing solutions that enhance user experience in mobile and consumer applications. Its product line categories are Audio and High-Performance Mixed-Signal (HPMS). It is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, laptops, tablets, virtual reality/augmented reality headsets, wearables, home theater systems, automotive entertainment systems and professional audio systems. Additionally, its SoundClear technology consists of a broad portfolio of tools, software and algorithms that help to differentiate its customers’ products by improving the user experience with features such as louder, high-fidelity sound, high-quality audio playback, voice capture, and hearing augmentation. Its portfolio of HPMS products includes camera controllers for automatic focus and optical image stabilization and haptic and sensing solutions. It operates in the Technology sector (SEMICONDUCTORS & RELATED DEVICES industry).

Cirrus Logic Inc (CRUS) is a good buy right now due to its current price of $112.32, which is significantly lower than the analyst price target of $160, indicating a potential upside of 42.5%. Additionally, the company has shown a solid gross margin of 52.61% and a strong return on equity (ROE) of 20.90%. The main risk is the recent insider selling, where an executive sold shares reducing their holdings by 8%, which could signal caution among insiders.

12 analysts cover CRUS: 8 rate it Buy, 2 Hold and 2 Sell. The average price target is 140.00.