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Stock Charts AI Power Rank: 7.1
Power Rank trend -> Falling
07/26/2024 16:01:00 EST
Cirrus Logic Inc (CRUS)
Industry: Semiconductors
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, CRUS has been trading in a range between $142.65 and $127.29 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Yellow zone which means the stock is transitioning zones. We would avoid this stock currently.
Upside / Downside Potential
Cirrus Logic Inc $CRUS entered a Yellow zone 1 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $94.13, a potential down side of -27.17% from the recent price of 129.24. The stock is trading 10.52% (potential upside) below its 52 week high of $142.83 and 98.77 % (potential downside) above its 52 week low of $65.02 - based on the recent price.
Company Summary
Cirrus Logic, Inc, a fabless semiconductor company, develops low-power high-precision mixed-signal processing solutions in China, the United States, and internationally. 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, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation for use in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems.
News
| Cirrus Celebrates 10,000 SR Series Deliveries with Limited Edition Aircraft DULUTH, Minn. & KNOXVILLE, Tenn.--(BUSINESS WIRE)--Cirrus, the world's best-selling high-performance single-engine piston aircraft manufacturer, revealed a one-of-a-kind, Limited-Edition SR Series aircraft to commemorate 10,000 SR Series deliveries. The 10,000th SR Series aircraft celebrates Cirrus' past, present and future as well as the team who made this milestone possible. Since the first delivery of the SR Series in 1999, Cirrus has pursued its guiding principles of delivering an aviation. Source: Business Wire Mon, 22 Jul 2024 11:32:00 -0400 Sentiment: Neutral |
| Cirrus Logic to Report First Quarter Fiscal Year 2025 Results AUSTIN, Texas--(BUSINESS WIRE)--Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that the company will post its first quarter fiscal year 2025 financial results and business outlook on the Investor Relations area of its website on Tuesday, August 6, at approximately 4 p.m. EDT. Cirrus Logic will host a live Q&A webcast session at 5 p.m. EDT that same day to answer questions related to its financial results and business outlook. A replay of the Q&A session will be available on the websi. Source: Business Wire Thu, 18 Jul 2024 16:00:00 -0400 Sentiment: Neutral |
| 3 Semiconductor Stocks to Buy in 2024 as the Sector Marches on Taiwan Semiconductor (TSM), Micron (MU) and Cirrus Logic (CRUS) are three semiconductor stocks that should do well in 2024 as the semiconductor boom continues. Source: Zacks Investment Research Tue, 16 Jul 2024 09:20:34 -0400 Sentiment: Positive |
| Why Cirrus Logic Rallied Today A Keybanc analyst lifted his price target on Cirrus. The analyst is bullish on other AI and server stocks, as well, based on recent channel checks. Source: The Motley Fool Tue, 09 Jul 2024 16:22:00 -0400 Sentiment: Positive |
| Cirrus Logic (CRUS) Soars 54.6% YTD: Will the Upside Last? Cirrus Logic's (CRUS) performance benefits from the increasing adoption of its existing portfolio and new product launches amid challenging market conditions. Source: Zacks Investment Research Fri, 05 Jul 2024 09:21:34 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 142.83 52 Week Low: 65.0177 Beta: 0.941 50 Day MA: 124.4008 200 Day MA: 93.257 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.366 Qtr Revenue Growth YOY: -0.003 Forward PE: 16.1812 Trailing PE: 25.8796