Cirrus Logic(CRUS)
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Why Cirrus Logic Rallied Today
The Motley Fool· 2024-07-09 20:22
An optimistic note from a Wall Street analyst lifted Cirrus and other chip stocks, too.Shares of audio mixed-signal chipmaker Cirrus Logic (CRUS 3.86%) were rising on Tuesday, up as much as 6.3% at one point before pulling back to a 4.1% gain as of 2:30 p.m. ET. Cirrus rose on the back of a positive analyst note, which had good news for this smartphone-related chipmaker, as well as others.Keybanc's checks leave its chip analyst optimisticIn a research note published today, Keybanc analyst John Vinh raised h ...
This Semiconductor Stock Has Jumped 48% in 2024, and Artificial Intelligence (AI) Could Help It Soar Further
The Motley Fool· 2024-06-28 08:15
A turnaround in the fortunes of its largest customer could help this chipmaker deliver more upside.Share prices of Cirrus Logic (CRUS -0.04%) have been in fine form so far in 2024, clocking gains of 48% as Wall Street turns bullish on the chipmaker's prospects. The market is excited about a turnaround in the smartphone market, its solid quarterly results, and a potential improvement in the fortunes of its largest customer -- Apple (AAPL 0.40%).After all, Cirrus is highly reliant on Apple for a major chunk o ...
Cirrus Logic (CRUS) Unveils Next-Generation Pro Audio Devices
ZACKS· 2024-06-26 14:20
Cirrus Logic Inc. (CRUS) recently launched its latest lineup of digital-to-analog converters (DACs) and an ultra-high-performance audio CODEC. These innovative solutions are specifically crafted for recording artists, live performers and audiophiles, delivering uncompromising sound quality and exceptional performance.The new additions to the Pro Audio family include the 8-channel DAC CS4308P, 4-channel CS4304P, 2-channel CS4302P and CODEC CS4282P. These devices offer top-notch performance, minimal power con ...
Cirrus Logic Shares' Signals Anything But Mixed
FX Empire· 2024-06-19 08:59
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Updating Cirrus Logic Revenue And Price Expectations For 2024 And Beyond
Seeking Alpha· 2024-06-10 06:44
Try Media/iStock via Getty Images With our past coverage of Cirrus Logic (NASDAQ:CRUS) noting revenue forecasting for 2024 in Cirrus Logic Beats Wall Street Again And More, we offer an update drawing from a significant level of new and important information. Cirrus held two conferences confirming ASP increases with new iPhones launching in September plus continued ASP growth over the next few years. The road ahead appears clearly labeled and bright. Shall we go for a drive? What kind do you favor, a thrill ...
Cirrus Logic (CRUS) Up 14.4% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-06-06 16:36
A month has gone by since the last earnings report for Cirrus Logic (CRUS) . Shares have added about 14.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cirrus Logic due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Cirrus Logic Q4 Earnings Top EstimatesCirrus Logic ...
Cirrus Logic(CRUS) - 2024 Q4 - Annual Report
2024-05-24 20:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended March 30, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF ☐ THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number 0-17795 CIRRUS LOGIC, INC. (Exact name of registrant as specified in its charter) Delaware 77-0024818 (State or other jurisdiction of in ...
Cirrus Logic (CRUS) Surges 37.1% YTD: Will the Trend Continue?
zacks.com· 2024-05-24 17:21
Cirrus Logic (CRUS) witnessed healthy momentum this year so far. Shares of the company have gained 37.1% in the same time frame compared with the sub-industry’s growth of 16.3%.Cirrus Logic is a fabless semiconductor supplier that develops low-power, high-precision mixed-signal processing solutions. The company focuses on expanding markets where it can apply its high-precision, low-power mixed-signal processing knowledge to address challenging issues across the analog-to-digital divide.Image Source: Zacks I ...
CMG Announces Appointment of Alex Davern to the Board of Directors
Newsfilter· 2024-05-22 21:34
CALGARY, Alberta, May 22, 2024 (GLOBE NEWSWIRE) -- Computer Modelling Group Ltd. ("CMG" or the "Company") (TSX:CMG) is pleased to announce that Alex Davern has been appointed to the Board of Directors effective May 23, 2024. Mr. Davern joins the Board as an independent non-executive director and will stand for nomination at the next annual meeting of shareholders. Mr. Davern is formerly the Chairman of the Board of Directors of ESI Group and spent more than 25 years in senior executive leadership roles at N ...
3 Breakout Stocks to Transform $5,000 Into $50,000
investorplace.com· 2024-05-17 10:49
Many investors actively seek breakout stocks to buy with the potential for substantial returns. Three businesses in the information technology sector stand out as opportunities, offering a promising potential for substantial returns. These businesses provide viable growth prospects by combining financial stability, innovation and strategic positioning. These businesses are more than just ticker symbols, they are forward-thinking tactics, flexibility and resilience in a constantly changing environment. These ...