Cirrus Logic Inc (CRUS) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Cirrus Logic Inc stock $118, price $116, upside +2.1%, quality 86 out of 100. Rating: fairly valued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $63.88 – $178.90 · fair‑value band $86.20 – $145.99 · the $115.99 price screens below the $118.39 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 3 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 5, 2026.
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Cirrus Logic, Inc., a fabless semiconductor company, develops mixed-signal processing solutions and audio products in China, the United States, and internationally.
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The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology for use in smartphones, PCs, tablets, AR/VR headsets, wearables, home theatre systems, automotive entertainment systems, and professional audio systems.
It also provides camera controllers, haptic and sensing solutions, and battery and power ICs for smartphones, as well as products for automotive, industrial, and imaging applications.
The company markets and sells its products through direct sales force, external sales representatives, and distributors. Cirrus Logic, Inc. was incorporated in 1984 and is headquartered in Austin, Texas.
Stock analysis
Cirrus Logic Inc (CRUS) currently trades at $115.99, while our model-based Fair Value estimate is $118.39, so the stock looks roughly fairly valued today (gap 2.0%).
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Valuation
Bull case: the DCF Models group reads highest at a median of $211.62 per share, and 18 of the 24 models we run sit above the $115.99 price.
Bear case: the Asset-Based group reads lowest at $21.40, and 6 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $86.20 (bear) to $145.99 (bull), the price of $115.99 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 86/100 (high quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Cirrus Logic Inc reported revenue of $2.0B in FY2026 versus $1.8B in FY2022, a compound +2.9%/yr. Reported net income was $414M in FY2026, compounding +6.2%/yr from FY2022.
Key figures
Market cap $6.1B Mid · P/E ratio 14.2 · P/S ratio 2.96 · EPS (TTM) $8.19 · Net margin 21.0% · Return on equity 20.9% · Return on assets (EBIT) 16.2% · Operating margin 18.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 75 out of 100 (medium confidence).
What moves the price
The share trades about 35% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −11% fair-value upside, at 2%, CRUS screens cheaper than that median.
Fair Value models
Bear$86.20Fair Value $118.39Bull$145.99
Price $115.99 · Upside +2.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then ($4.94 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF$148.77$222.66$330.2780
Growth DCF$148.99$218.75$317.0778
Owner Earnings$132.00$196.55$290.5776
All 24 models by family
DCF Models
FCF DCF$148.77$222.66$330.2780
Owner Earnings$132.00$196.55$290.5776
5Y Revenue Exit$115.77$169.84$238.8073
5Y EBITDA Exit$143.08$222.67$317.0575
5Y P/E Exit$163.07$261.36$367.4370
10Y Revenue Exit$124.73$176.38$246.5767
10Y EBITDA Exit$143.75$211.62$304.7268
10Y P/E Exit$155.95$237.44$342.1663
Earnings-Based
Graham-Dodd$56.23$205.03$276.6764
Lynch FV$48.79$69.71$90.6261
PEG = 1.0$48.79$69.71$90.6257
EPV$79.98$89.31$97.2174
Multiples
P/E Multiple$173.64$231.52$289.4163
P/S Multiple$105.43$140.57$175.7158
P/B Multiple$101.30$135.07$168.8355
EV/EBIT$178.66$233.77$288.8966
EV/EBITDA$151.41$197.44$243.4767
EV/Revenue$96.90$132.73$168.5554
Asset-Based
NCAV (Graham)$14.12$21.40$26.7554
Growth DCF
Growth DCF$148.99$218.75$317.0778
Rev-Margin DCF$115.77$170.51$236.5873
Economic Profit
Residual Income$48.01$62.07$98.3469
ROIC Compounder$85.19$102.03$121.1472
Growth Earnings
Growth-Adj P/E$110.89$158.41$205.9367
The fair value above starts from this blend and is adjusted for a cyclical peak year.
In the last 6 months, 6 officers or directors sold shares worth $6.4M and none bought.
SaleJeffrey W BaumgartnerEVP, R&D8× since May 29, 2026: 22,370 shares, avg. $158.65$3.5MOct 20, 202610b5-1 plan
SaleAndrew BrannanEVP, Worldwide Sales3× since Nov 14, 2025: 17,022 shares, avg. $134.28$2.3MJun 29, 202610b5-1 plan
SaleScott ThomasEVP, General Counsel3× since Feb 13, 2026: 14,481 shares, avg. $157.77$2.3MJun 3, 202610b5-1 plan
SaleJustin E DoughertyEVP, Global Operations2× since Feb 11, 2026: 5,000 shares, avg. $152.50$762,480May 21, 2026
SaleAlexander M DavernDirector2× since Feb 20, 2026: 2,000 shares, avg. $149.50$299,000May 20, 2026
SaleJohn ForsythCEO, Director2× since Feb 4, 2026: 26,806 shares, avg. $141.73$3.8MMay 8, 202610b5-1 plan
SaleCarl Jackson AlbertyEVP, MSP2× since Nov 7, 2025: 4,648 shares, avg. $136.62$634,994Feb 9, 202610b5-1 plan
Plus 18 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.80/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+5.3%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.8%
Start year 2021 (pandemic). Over 10 years: +5.5% a year
Revenue growth 38 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+15.2%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+16.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+16.9%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.16.9% vs 15.5%, steady
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.17% → 23%
2026 sits 62% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−5.3%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+3.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −7.5% a year for the price and +0.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Moderate profitability in audio and mixed-signal ICs forms the core strength while thin public data leaves no solid basis for claims of a durable competitive moat.
Main risk: A significant reduction in orders or pricing pressure from its largest customer Apple could materially reduce revenue and margins.
Bull case: The company could leverage its mixed-signal expertise and recent acquisition to win design wins in new markets like automotive and industrial, reducing dependence on its main customer over time.
Bear case: If the largest customer reduces orders or develops more components in-house, revenue could decline sharply and profitability suffer due to the lack of diversification.
Cirrus Logic acquired a small Italian fabless firm specializing in mixed-signal power management and audio ICs after years of close collaboration. The deal adds engineering capacity, IP and a European foothold while the CEO calls the opportunity pipeline the strongest ever. Does this mainly reinforce the company's audio and mixed-signal strengths in mobile and consumer devices or help it expand meaningfully into new applications?
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Semiconductors · 372 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score86 · Top 25%
Fair Value upside+2.1% · Above median
Profitability
Return on equity (12 months)20.9% · Top 25%
Return on assets16.7% · Top 25%
Net margin (12 months)21.0% · Top 25%
Operating margin (12 months)18.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)12.9% · Below median
Valuation Multiplesvs Semiconductors median · lower = cheaper
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Is Cirrus Logic Inc (CRUS) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of $118.39 versus a price of $115.99, about +2% upside (fairly valued).
What is the fair value of CRUS?
Our model-based fair value for Cirrus Logic Inc is $118.39 (as of Nov 5, 2026), built from audited fundamentals. The current price: $115.99.
What is the quality score of CRUS?
Cirrus Logic Inc has a Quality Score of 86/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Cirrus Logic Inc (CRUS)?
Our model-based price target is the fair value of $118.39 (as of Nov 5, 2026) from 24 valuation models. Cautious scenario $86.20, optimistic scenario $145.99. It is a calculation from audited fundamentals, not an analyst target.
What is the Cirrus Logic Inc stock forecast for 2026?
Our models put fair value at $118.39, about +2% upside versus a price of $115.99 (fairly valued). Cautious scenario $86.20, optimistic scenario $145.99. The calculation is refreshed regularly with new filings.
What is the revenue of Cirrus Logic Inc (CRUS)?
Cirrus Logic Inc reported trailing-twelve-month revenue of about $2.0B (latest available figure, as of Nov 5, 2026).
What growth is priced into Cirrus Logic Inc (CRUS)?
For today's price to be fair in a discounted-cash-flow model, Cirrus Logic Inc would have to grow free cash flow by -5.3 % per year for five years (discount rate 10.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.8 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of CRUS use?
Our models discount Cirrus Logic Inc at 10.3 %: a base by market capitalisation (mid), damped by beta 1.23, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Cirrus Logic Inc that is -5.3 % per year a year over ten years, using the same discount rate (10.3 %) and the same formula as our fair value.
How much growth has Cirrus Logic Inc (CRUS) delivered so far?
Over the past 5 years revenue at Cirrus Logic Inc grew +7.8 % a year. The price currently implies -5.3 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Cirrus Logic Inc (CRUS) growing?
The median revenue growth in the sector is +11.3 % a year. That is the yardstick for the growth priced into Cirrus Logic Inc (-5.3 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Cirrus Logic Inc (CRUS)?
The free-cash-flow yield on the price is 10.48 %: that much free cash flow Cirrus Logic Inc produces per unit of market value. When it exceeds the discount rate of our models (10.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Cirrus Logic Inc (CRUS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cirrus Logic Inc it is $118.39 per share (as of Nov 5, 2026), against a price of $115.99. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Cirrus Logic Inc stock overvalued or undervalued in 2026?
As of Nov 5, 2026, CRUS trades below its calculated fair value: price $115.99, fair value $118.39, a gap of about +2% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CRUS?
No. The price is what the market pays today ($115.99); the fair value is what the company's own numbers justify ($118.39). For Cirrus Logic Inc the two are $2.40 per share apart. That gap is exactly why we show both numbers side by side.
How much is Cirrus Logic Inc worth?
The market values Cirrus Logic Inc at about $6.1B (market capitalisation, as of Nov 5, 2026). Per share that is $115.99; our models calculate a fair value of $118.39 per share.
What do the bullish and bearish scenarios say about CRUS?
Our models span a range for Cirrus Logic Inc: cautious scenario $86.20, base $118.39, optimistic $145.99 per share (as of Nov 5, 2026, price $115.99). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CRUS?
Cirrus Logic Inc trades at a price-to-earnings ratio of 14.2 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $118.39 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings, FY2020, FY2023 ex one-offs: 18.6. Other multiples: PEG 9.3, P/B 2.9, P/S 3.0, EV/EBITDA 10.1.
What is the PEG ratio of CRUS?
The PEG ratio of Cirrus Logic Inc is 9.35 (P/E divided by earnings growth, as of Nov 5, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Cirrus Logic Inc (CRUS)?
Balance-sheet figures for Cirrus Logic Inc (as of Nov 5, 2026): return on equity 20.9%. They feed the Quality Score of 86/100, which measures business quality independently of the share price.
How far is CRUS from its 52-week high?
Cirrus Logic Inc trades at $115.99, about 35% below its 52-week high of $178.90 and 9% above the low of $106.33 (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of $118.39 is for.
Which stocks are comparable to Cirrus Logic Inc?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Cirrus Logic Inc stock attractive at the current price?
The data as of Nov 5, 2026: price $115.99, calculated fair value $118.39 (+2%), Quality Score 86/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CRUS calculated?
We run Cirrus Logic Inc through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $118.39, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Cirrus Logic Inc currently trades 2% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Cirrus Logic Inc (CRUS)?
The closing price on Nov 4, 2026 was $115.99. Our model-based fair value is $118.39, about +2% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cirrus Logic Inc right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Where does the earnings growth of Cirrus Logic Inc (CRUS) come from?
Earnings per share at Cirrus Logic Inc grew +12.1 % a year from 2015 to 2026. Broken into its drivers: revenue per share +7.4 %, EBIT margin +2.8 %, tax rate +0.4 %, residual (interest, one-offs) +1.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Cirrus Logic Inc
How large is the market capitalisation of Cirrus Logic Inc (CRUS)?
The market capitalisation of Cirrus Logic Inc is $6.1B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Cirrus Logic Inc (CRUS)?
The price-to-sales ratio of Cirrus Logic Inc is 2.96 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Cirrus Logic Inc (CRUS)?
Earnings per share at Cirrus Logic Inc are $8.19 (price ÷ EPS = P/E 14.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Cirrus Logic Inc (CRUS)?
The net margin of Cirrus Logic Inc is 21.0% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Cirrus Logic Inc (CRUS)?
The return on equity (ROE) of Cirrus Logic Inc is 20.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Cirrus Logic Inc (CRUS)?
On an EBIT basis the return on assets of Cirrus Logic Inc is 16.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Cirrus Logic Inc (CRUS)?
The operating margin of Cirrus Logic Inc is 18.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cirrus Logic Inc (CRUS)?
Revenue at Cirrus Logic Inc is growing +12.9% versus a year earlier (3y avg +1.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Cirrus Logic Inc (CRUS)?
Earnings per share at Cirrus Logic Inc are growing +28.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Cirrus Logic Inc (CRUS) hold?
Cirrus Logic Inc holds more cash than debt, $667M net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Some data
Nov 5, 2026