
Cirrus Logic (CRUS) Stock Forecast & Price Target
Cirrus Logic (CRUS) Analyst Ratings
Bulls say
Cirrus Logic is a strong company with a promising future, driven by its innovative audio components that are used in various devices. Its two main product streams, audio products and HPMS products, provide a steady stream of revenue, with half of its sales coming from China. The company's financials are impressive, with strong revenue growth and a strong balance sheet with a net cash of $1.08 billion. In addition, Cirrus Logic is actively diversifying its revenue base and expanding its technology leadership, making it a favorable long-term investment opportunity.
Bears say
Cirrus Logic is a supplier of low-power, high-precision audio components in a variety of applications, with roughly half of its revenue coming from China. While cash generation and a diverse customer base are strengths, the company's reliance on a single large customer and the potential for disruption in the supply chain due to the fabless manufacturing model and COVID-19 pandemic create risks for future financial performance and potential negative revisions to forecasts. Furthermore, ongoing trade tensions and changes in trade policy could also impact the company's ability to supply customers and fulfill orders.
This aggregate rating is based on analysts' research of Cirrus Logic and is not a guaranteed prediction by Public.com or investment advice.
Cirrus Logic (CRUS) Analyst Forecast & Price Prediction
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