Cirrus Logic, Inc. research snapshot
CRUS AI stock analysis sees Cirrus Logic as a profitable fabless semiconductor company that sells low-power audio and high-performance mixed-signal components into smartphones, PCs, automotive, industrial, imaging, and other devices. At the August 3, 2026 research cutoff, the latest available close was $129.35 on July 31, 2026, market capitalization was about $6.53 billion, and the stock was trading below both its 50-day and 200-day moving averages with RSI near oversold. FY26 revenue and earnings reached records, but Apple still represented about 91% of full-year revenue. The CRUS AI stock forecast below is a scenario framework, not a certain price prediction. This page is for information only and is not investment advice.
Current price
$129.35 USD (NASDAQ close, July 31, 2026)
Market cap
About $6.53 billion USD
AI score
62 / 100
Rating
Profitable mixed-signal specialist, Apple concentration sensitive, weaker near-term trend
Trend status
Below both the 50-day and 200-day moving averages, RSI near oversold
Data cutoff (updated monthly)
August 4, 2026
Informational use only. This page is not investment advice.
| Dimension | Conclusion | Confidence |
|---|---|---|
| Business quality | Cirrus Logic designs low-power mixed-signal chips and audio products. FY26 revenue was $1.997 billion, with Audio at $1.160 billion and HPMS at $837 million. | High |
| Moat | The moat is based on mixed-signal engineering, software and IP, customer design-ins, product integration, and a long record in smartphone audio. It is real but not protected by network effects. | Medium-high |
| Management | CEO John Forsyth has led the company since 2021. Management is executing on HPMS and market diversification while returning about $280 million through FY26 repurchases of roughly 2.5 million shares. | Medium-high |
| Financial trend | FY26 revenue rose 5.34% to $1.997 billion, net income rose 25.01% to $414.4 million, operating margin reached 23.05%, and free cash flow was about $636 million on the StockAnalysis standardized series. | High |
| Valuation | At $129.35, the financial_rigor.py check produced 16.48x P/E, 3.08x book value, and 10.25x price to free cash flow. The valuation is more moderate after the recent decline but still depends on durable earnings. | Medium-high |
| Technical trend | The price was below the 50-day average of $153.68 and the 200-day average of $140.99. RSI of 29.39 was near oversold rather than an extreme bullish reading. | Medium-high |
| Risk level | Risk is elevated by Apple concentration, smartphone seasonality, pricing pressure, intense competition, foundry and capacity commitments, international exposure, and design-win execution. | High |
| AI confidence | Confidence is strongest for reported FY26 data and the July 31 market snapshot. Confidence is lower for the pace of HPMS, AI-enabled PC, and general-market growth. | Medium-high |
| Investment certainty | Medium certainty. The company has a profitable niche and strong cash generation, but a single customer still controls most of the economic exposure. | Medium |
CRUS AI stock forecast
The CRUS AI stock forecast is a three-year sensitivity model, not a price promise. Using $7.85 of FY26 GAAP EPS, 20% / 10% / 0% annual EPS growth, and 24x / 18x / 13x terminal P/E assumptions, financial_rigor.py produced mechanical outcomes of $325.60, $188.10, and $102.00. The model does not predict Apple demand, product-cycle timing, dilution, or future multiple changes.
$225 to $326 over three years
More likely if Cirrus Logic keeps Apple content, grows HPMS faster than Audio, converts AI-enabled PC and general-market design wins into revenue, protects gross margin, and maintains strong free cash flow. The model output is $325.60 at 20% EPS growth and 24x P/E.
$150 to $190 over three years
More likely if Apple remains stable, diversification grows gradually, revenue and EPS compound at a moderate pace, and the market assigns an 18x terminal P/E. The model output is $188.10 at 10% EPS growth.
$92 to $135 over three years
More likely if Apple content or smartphone volumes weaken, price reductions compress margins, new markets fail to scale, or semiconductor multiples contract. The model output is $102.00 at flat EPS and 13x P/E. The current price is already within this band after the recent decline.
CRUS AI technical analysis
CRUS AI technical analysis uses the latest July 31, 2026 close and StockAnalysis statistics checked by the August 3 cutoff. Price was below the 50-day average of $153.68 and the 200-day average of $140.99, while RSI was 29.39 and 20-day average volume was 654,013 shares. These are reference levels, not trading instructions, and this static page does not fetch live chart data.
| Level | Value | Why it matters |
|---|---|---|
| Current price | $129.35 | NASDAQ closing price on July 31, 2026, the latest completed session before the data cutoff. |
| Near support | $128.84 | July 31 intraday low. A sustained break below this recent reference would open a lower test zone. |
| Near resistance | $140.99 | 200-day moving average, now acting as overhead resistance after the price declined below it. |
| Higher resistance | $153.68 | 50-day moving average. A reclaim with stronger volume would improve short-term momentum. |
| Upper resistance | $180.42 | 52-week high. A move toward this level would need confirmation from earnings and volume, not price alone. |
| Momentum | RSI 29.39 | Near-oversold reading in the latest StockAnalysis snapshot. It signals weak momentum and possible bounce risk, not a reversal signal by itself. |
| Volume | 886,305 latest; 654,013 20-day average | The latest session traded above the reported 20-day average. Use fresh volume data before evaluating a breakout. |
| Volatility | Beta 1.16; 52-week range $92.02 to $180.42 | The beta and broad annual range make position sizing and gap risk important parts of any framework. |
| Invalidation level | Daily close below $128.84 | A technical invalidation reference only. Fundamental invalidation would include lost Apple content, weaker margins, or failed diversification milestones. |
CRUS AI trading strategy
This CRUS AI trading strategy is a rules-based research framework, not personalized advice. It combines moving-average levels with company-specific checks because the stock can move with both semiconductor sentiment and Apple product cycles, and the near-term trend is currently weak.
Watch for a close back above the $140.99 200-day average and then the $153.68 50-day average, followed by volume confirmation and evidence that the next quarterly outlook supports HPMS and PC growth. A move toward $180.42 should be assessed against earnings evidence.
Define the maximum loss before entry. A close below $128.84 or a failed reclaim with weak volume would weaken this setup and require a fresh review.
A recovery from the near-oversold RSI of 29.39 could be studied only if Apple content, gross margin, cash generation, and new product design wins remain intact. The setup depends on the $128.84 to $129 support zone holding, not on a promised rebound.
Do not average down automatically. Exit the setup if support fails or if customer concentration and product-cycle risk increase without a credible diversification response.
Track Apple revenue concentration, Audio and HPMS mix, smartphone unit trends, AI-enabled PC adoption, gross margin, inventory, operating cash flow, share repurchases, and the GlobalFoundries capacity commitment through calendar 2026.
Use position sizing, a predefined loss limit, and an earnings-date review. Q1 FY27 results are scheduled for August 5, 2026, after this data cutoff, so the next filing is a major catalyst. A scenario range does not account for overnight gaps, guidance changes, or market-wide multiple compression.
Investment research summary
Cirrus Logic sells specialized mixed-signal silicon and software that help device makers deliver better sound, camera control, haptics, sensing, and power performance. Customers pay for system-level results and design support, not simply for a commodity chip.
The moat comes from analog and mixed-signal engineering, proprietary IP, SoundClear software, customer design-ins, product integration, and accumulated experience in low-power audio. Switching costs are meaningful after a component is designed into a device, but competitors with larger resources remain active.
The thesis can fail if Apple reduces Cirrus Logic content, smartphone volumes weaken, pricing pressure lowers gross margin, competitors win key designs, new HPMS products do not scale, or foundry and inventory commitments become mismatched with demand.
John Forsyth has led Cirrus Logic since January 2021. Management has continued to invest in R&D, pursue application diversification, and repurchase shares. The key test is whether capital allocation and product execution reduce dependence on one customer without weakening the core franchise.
More sensors, voice interfaces, connected devices, AI-enabled PCs, and power-aware electronics create a long-term market for mixed-signal content. The nearer-term industry remains cyclical, exposed to device launches, inventory corrections, pricing erosion, and international supply chains.
The stock trades at about 16.48x FY26 GAAP EPS and 10.25x free cash flow per share by the financial_rigor.py check, with a free cash flow yield near 9.76%. The multiple is more moderate after the recent decline, but the margin of safety is still limited if Apple concentration converts a product-cycle miss into a large earnings reset.
Source-backed data
Every metric below includes a source and last verification date.
| Metric | Value | Source | Last verified |
|---|---|---|---|
| NASDAQ share price | $129.35 at the July 31, 2026 close | StockAnalysis price snapshot; Cirrus Logic investor quote used as a time check | August 3, 2026 |
| Market capitalization and shares | About $6.53B reported; 50.45M shares outstanding. $129.35 x 50.45M calculates to $6.526B, a 0.07% variance. | StockAnalysis overview and statistics; Cirrus Logic FY26 Form 10-K; financial_rigor.py market-cap check | August 3, 2026 |
| FY26 revenue | $1.997B, up 5.34% year over year | Cirrus Logic FY26 Form 10-K, Q4 FY26 release, and StockAnalysis; cross-validation variance 0.13% | August 3, 2026 |
| FY26 net income and EPS | $414.4M GAAP net income and $7.85 diluted EPS | Cirrus Logic FY26 Form 10-K, Q4 FY26 release, and StockAnalysis; cross-validation variance 0.00% | August 3, 2026 |
| FY26 product mix | Audio $1.1599B, 58%; HPMS $837.4M, 42% | Cirrus Logic FY26 Form 10-K and Q4 FY26 product-line disclosure | August 3, 2026 |
| Customer concentration | Apple represented approximately 91% of FY26 net sales (89% in FY25); the ten largest end customers represented approximately 96%. | Cirrus Logic FY26 Form 10-K | August 3, 2026 |
| Cash and investments | $887.6M of cash plus current marketable securities, and $1.154B including long-term marketable securities at March 28, 2026. Net cash of about $1.02B or $20.21 per share. | Cirrus Logic FY26 Form 10-K and StockAnalysis balance-sheet snapshot | August 3, 2026 |
| FY26 cash generation and buybacks | $650.6M operating cash flow; about $280M returned through repurchases of roughly 2.5M shares at a $113.90 average price. | Cirrus Logic FY26 Form 10-K and Q4 FY26 shareholder materials | August 3, 2026 |
| Valuation ratios | 16.48x P/E, 3.08x P/B, 10.25x P/FCF, and 9.76% FCF yield using $129.35 and disclosed FY26 inputs. | financial_rigor.py valuation verification and StockAnalysis statistics | August 3, 2026 |
| Technical snapshot | 50-day average $153.68; 200-day average $140.99; RSI 29.39; beta 1.16; 52-week range $92.02 to $180.42; short interest 6.53% of shares outstanding. | StockAnalysis statistics | August 3, 2026 |
This CRUS AI stock analysis page is an informational tool only. It is not investment advice, a recommendation, or a promise of future returns. Forecast scenarios are based on available data as of August 3, 2026, may be incomplete, and can be wrong if Apple demand, product cycles, customer design wins, market prices, supply conditions, or macro conditions change.
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