Cirrus Logic: Too Pricy Or Not

Cirrus Logic (CRUS) delivered record FY26 revenue of $2.0B and robust EPS growth, supported by strong smartphone and PC demand. Apple's inclusion of CRUS for its future vendor lists and green-lighting of battery-enhancing products signals major new product opportunities. Development of smart power ICs for 3D sensing and advanced battery applications positions CRUS for long-term growth beyond core audio.