NASDAQ: CRUS · Semiconductors
Cirrus Logic (CRUS) fair value: undervalued or overvalued?
As of 31 Oct 2026, Faircurve's model values Cirrus Logic (CRUS) at $127.81 a share. The stock last closed at $110.23, which puts the model's fair value 15.9% above the price. On the model's bands that reads as Undervalued.
Revalued . Price is the close of 5 Nov 2026. Cirrus Logic, Inc.
The report adds the live price, the chart against the range the options market prices, the next earnings date and the analysts' consensus. No account needed.
This week, in three parts
What happenedThe run of 31 Oct 2026 moved the fair value from $136.71 to $127.81 (-6.5%). The multiple the model anchors on moved, lowering the fair value: most of the move.
What the model makes of itThe price of $110.23 is 15.9% below it: Undervalued, on a medium evidence grade.
What's nextNext report on 2 Feb 2027. Options prices imply a move of about 12% either way over the next month. The next weekly run is on Saturday 7 Nov 2026.
What price range does the model give CRUS?
The calibrated range for CRUS over 63 trading days is $97.18 to $128.68. It sits around the last close, and its width comes from the volatility that CRUS's own options imply (42% a year), calibrated weekly against realised prices (n = 6,661 past valuations, refreshed 31 Oct 2026). Ranges built this way held the price 60% of the time at this horizon. The fair value is the model's opinion and rides beside the range. It is not the centre of it.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $103.56 to $155.92. In 73% of the simulations the fair value came out above the price the model ran on.
Faircurve Insights · 31 Oct 2026
Cirrus Logic, Inc. (CRUS) is a semiconductor design firm that does not operate its own manufacturing plants. It makes energy-efficient, highly accurate mixed-signal processing solutions for a worldwide customer base.
Faircurve's model put the fair value at $127.81 a share on 31 Oct 2026, the midpoint of 2,000 simulations. The previous run, on 24 Oct 2026, gave $136.71, so the fair value moved -6.5%. The multiple the model anchors on moved, lowering the fair value: most of the move. The calibrated range over 63 trading days is $97.18 to $128.68, built around the price from the stock's own option-implied volatility. Ranges built this way held the price 60% of the time at this horizon. The evidence grade is Medium. It reflects input completeness, the number and agreement of comparable companies and the width of outcomes, and does not say whether the fair value is right.
Cirrus Logic scores 71 out of 100 on the model's overall quality measure. Profitability and capital discipline each score 100, with ROIC at 25.7% against a peer median of 2.6%, and net buybacks at 3.9% of market value against 0.2%. Growth quality scores 21, with trailing revenue growth of 5.3% against a peer median of 17.9%. The model compares the company with Impinj, Inc. (PI), Allegro MicroSystems, Inc. (ALGM), Synaptics Incorporated (SYNA) and FormFactor, Inc. (FORM).
Written from the figures on this page for the 31 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
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When does CRUS report earnings, and how has the stock reacted?
Cirrus Logic's next earnings report is scheduled for 2 Feb 2027. Companies can move their dates.
Options prices on 5 Nov 2026 imply a move of about 7.7% in either direction through the nearest expiry, about 14 days out. That is the size the market is pricing, not a direction. CRUS's 30 day implied volatility works out to about 12.2% over one month.
Around its last 8 reports: what the options market priced, and what followed
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across CRUS's last 8 reports, ignoring direction, was 5.8%.
What the options market has priced for a month's move in CRUS
How does CRUS score on business quality?
Cirrus Logic's overall quality score is 71 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 100 | 25.7%ROIC | 2.6% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 40 | 1.33xFCF / net income | 2.20x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analysts' rating changes. | 21 | 5.3%Revenue growth, trailing | 17.9% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 100 | 3.9%Net buybacks / market value | 0.2% |
| Balance sheetNet debt to EBITDA and interest coverage. | 88 | -1.15xNet debt / EBITDA | 0.71x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 100 | 2.9 ptsEBITDA margin downside volatility, 5y | 7.8 pts |
How does CRUS compare with similar companies?
The companies in semiconductors closest to Cirrus Logic in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| PI Impinj, Inc. | $161.06 | $166.42 | +3.3% | Fairly valued |
| ALGM Allegro MicroSystems, Inc. | $26.80 | $32.80 | +22.4% | Undervalued |
| MXL MaxLinear, Inc. | $44.31 | $76.39 | +72.4% | Gap wider than 60% |
| SYNA Synaptics Incorporated | $116.40 | $122.46 | +5.2% | Fairly valued |
| FORM FormFactor, Inc. | $71.76 | $95.62 | +33.2% | Undervalued |
| SLAB Silicon Laboratories Inc. | $221.35 | $206.57 | -6.7% | Low evidence grade |
| KLIC Kulicke and Soffa Industries, Inc. | $59.83 | $101.19 | +69.1% | Gap wider than 60% |
| VSH Vishay Intertechnology, Inc. | $22.02 | $35.89 | +63.0% | Gap wider than 60% |
What the comparable companies' multiples alone would give for CRUS, the peer-implied price, is $159.30 a share on this run. The fair value weighs that against the company's own multiple.
Cirrus Logic at a glance
Cirrus Logic, Inc. (CRUS) is a semiconductor design firm that doesn't operate its own manufacturing plants. It specializes in crafting energy-efficient and highly accurate mixed-signal processing solutions for a worldwide customer base.
- Market value
- $5.5B
- Sector
- Technology
- Industry
- Semiconductors
- Revenue expected, next twelve months
- $2.1B
- Consensus revenue growth, next fiscal year
- +0.9%
- Analysts with estimates
- 3
- Beta to the US market
- 0.92
- First valued by Faircurve
- 11 Jul 2026
At the close of 5 Nov 2026, 56.0% of the 1,065 graded US stocks the model covers traded below the model's fair value. CRUS was among them.
How the fair value is worked out: the model prices Cirrus Logic on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 24 Oct 2026 the model's fair value for CRUS was $136.71. As of 31 Oct 2026 it is $127.81, a change of -6.5%. The multiple the model anchors on moved, lowering the fair value: most of the move. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Cirrus Logic's valuation
Is Cirrus Logic stock undervalued or overvalued?
On Faircurve's model, CRUS reads as Undervalued as of 31 Oct 2026. The model's fair value is $127.81 a share against a last close of $110.23, a gap of +15.9%.
What is CRUS's fair value?
$127.81 a share as of 31 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $103.56 to $155.92.
What price range does the model give CRUS?
$97.18 to $128.68 over 63 trading days. Ranges built this way held the price 60% of the time across 6,661 past valuations, refreshed 31 Oct 2026.
When does Cirrus Logic report earnings next?
The next report is scheduled for 2 Feb 2027. Companies can move their dates.
How much has CRUS moved on past earnings reports?
Across its last 8 reports the median two session move was 5.8%, ignoring direction. The largest was +10.1% around the report of 4 Feb 2025.
How confident is the model in this valuation?
The model's evidence grade for CRUS is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.
The model's own ideas on CRUS
The model holds no idea open on CRUS today. Signed-in readers see the rule each idea runs on, the floor and the exit level the model set and its time limit, and the model's closed ideas on CRUS with their outcomes. A free account is enough.