Cirrus Logic Announces Q2 Non-GAAP EPS of $1.99

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Cirrus Logic Stock Fair Value – Cirrus Logic ($NASDAQ:CRUS) is a company that designs, manufactures, and markets digital signal processing solutions. The company’s products are used in a variety of end markets, including mobile devices, automotive, industrial, and consumer audio. This is good news for the company, as it shows that its products are in demand and that it is performing well financially. The company’s products are used in a variety of end markets, including mobile devices, automotive, industrial, and consumer audio.

This is good news for the company, as it shows that its products are in demand and that it is performing well financially. Cirrus Logic is a company that designs, manufactures, and markets digital signal processing solutions. The company’s products are used in a variety of end markets, including mobile devices, automotive, industrial, and consumer audio. This is good news for the company, as it shows that its products are in demand and that it is performing well financially.

Stock Price

The stock opened at $68.6 and closed at $67.8, up 1.1% from the previous close of $67.1.

VI Analysis – Cirrus Logic Stock Fair Value Calculator

Cirrus Logic‘s fundamentals reflect its long-term potential, and the company’s intrinsic value is around $101.8 per share. The stock is currently trading at $67.8, which represents a 33% discount to its intrinsic value.

VI Peers

The company’s competitors include Sequans Communications SA, United Microelectronics Corp, and Globetronics Technology Bhd.

– Sequans Communications SA ($NYSE:SQNS)

Sequans Communications S.A. provides wireless connectivity solutions for the Internet of Things and 4G/5G applications. The company operates in two segments, Mobile Broadband and Enterprise & IoT. It offers its solutions for cellular, Wi-Fi, and short range applications, as well as for various connected devices, including cellular routers and gateways, customer premises equipment, and automotive and transportation applications.

– United Microelectronics Corp ($TWSE:2303)

As of 2022, United Microelectronics Corp has a market cap of 501.15B and a Return on Equity of 18.27%. The company is a leading global semiconductor foundry that provides advanced technology and manufacturing services to semiconductor companies worldwide. The company’s technology platforms include: advanced process technologies, memory technologies, mixed-signal/analog technologies, and specialty technologies.

– Globetronics Technology Bhd ($KLSE:7022)

As of 2022, Globetronics Technology Bhd has a market cap of 769.86M and a Return on Equity of 11.1%. The company is engaged in the design, manufacture and sale of semiconductor products and precision components. It offers a range of services including research and development, engineering, testing and assembly.

Summary

Cirrus Logic is a semiconductor company that designs, develops, and markets analog and mixed-signal integrated circuits . The company’s products are used in a variety of electronic devices, including smartphones, tablets, digital headsets, portable speakers, automotive infotainment systems, and home-theater receivers. Cirrus Logic has a long history of innovation and has been a leading supplier of ICs for the audio market for over 30 years. Investing in Cirrus Logic can be a good way to gain exposure to the semiconductor industry.

The company has a strong track record of innovation and is a leading supplier of audio ICs. Moreover, Cirrus Logic’s products are used in a variety of high-growth markets, such as smartphones and automotive infotainment.