Stifel has adjusted its price target for Cirrus Logic (CRUS, Financial), lowering it from $140 to $112 while maintaining a Buy rating on the stock. The decision reflects concerns over the impact of tariffs on the semiconductor industry, both directly and indirectly.
Heading into the first-quarter earnings season, Stifel anticipates that companies within the Analog, Connectivity, and Processors segment will report results that largely meet expectations for the March quarter. However, the outlook for the June quarter appears less optimistic.
Stifel's analysis suggests that, regardless of how tariffs ultimately play out in scope and duration, there is an increased chance of a cyclical downturn in the semiconductor sector. This heightened risk has become a significant factor in the firm's revised outlook.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Cirrus Logic Inc (CRUS, Financial) is $125.62 with a high estimate of $140.00 and a low estimate of $112.00. The average target implies an upside of 46.89% from the current price of $85.52. More detailed estimate data can be found on the Cirrus Logic Inc (CRUS) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Cirrus Logic Inc's (CRUS, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Cirrus Logic Inc (CRUS, Financial) in one year is $94.54, suggesting a upside of 10.55% from the current price of $85.52. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Cirrus Logic Inc (CRUS) Summary page.
