Cirrus Logic stock trades at USD 120.67 after earnings beat

Cirrus Logic stock was trading at USD 120.67 on Nasdaq on September 23, 2026 at 3:23 p.m. ET, up 0.24 percent from the prior session. The move follows quarterly results in which adjusted EPS reached USD 1.84, above the USD 1.81 consensus estimate.

Quarterly revenue rises 12.9 percent

MarketBeat reported that Cirrus Logic generated USD 459.72 million in revenue in the quarter reported on August 5, 2026. Revenue increased 12.9 percent from the comparable period, while EPS rose from USD 1.51 to USD 1.84.

The comparison is mixed beneath the headline beat: revenue was below the USD 460.32 million consensus estimate, while adjusted EPS exceeded expectations by USD 0.03. For investors, the difference puts more weight on product mix and operating leverage than on sales growth alone.

Analyst value sits above the quote

A September 10, 2026 research note from FactorsToday assigned a USD 145 twelve-month base-case value and cited USD 120 as its entry price. The USD 145 figure stands 20.2 percent above the USD 120.67 Nasdaq quote.

The market also places the current quote well below its yearly peak. Cirrus Logic's USD 120.67 price is 33.1 percent below the 52-week high of USD 180.42, while remaining USD 14.41 above the 52-week low of USD 106.26.

Stock valuation stays measurable

Cirrus Logic had a market capitalization of USD 6,087,922,685 as of September 23, 2026. The combination of 12.9 percent revenue growth, an adjusted EPS beat and a 33.1 percent gap to the yearly high gives the stock a clear set of measurable reference points.