{
  "id": 14025487,
  "title": "Cirrus Logic Inc stock hits 52-week low at 106.2 USD",
  "url": "https://urgent.news/2026/10/12/cirrus-logic-inc-stock-hits-52-week-low-at-106-2-usd",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T18:54:42.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/company-news/cirrus-logic-inc-stock-hits-52week-low-at-1062-usd-93CH-4945068"
  },
  "original_language": "en",
  "account": "Cirrus Logic Inc stock has plummeted to its lowest point in the past 52 weeks, trading at 106.2 USD. The decline is stark, with the stock dropping 41% from its highest point this year of $180.42. The most recent week saw a 12% drop, while a 33% decline occurred over the last six months. This represents a significant 11.71% decrease over the past year. Despite this downturn, InvestingPro data indicates the stock is potentially undervalued, making it a candidate for the platform’s Most Undervalued list. The prolonged decline in stock price over the past year may indicate underlying market challenges or company-specific issues that have dampened investor confidence. The company’s price-to-earnings (P/E) ratio of 13.06 and price-to-earnings growth (PEG) ratio of 0.44 suggest that these valuation metrics present an appealing opportunity. As Cirrus Logic grapples with these challenges, market participants will be keenly observing any changes in strategy or broader market movements that could sway the stock’s trajectory. For a comprehensive understanding, potential investors are encouraged to consult a detailed Pro Research Report on Cirrus Logic, among the over 1,400 US equities available on InvestingPro. Additionally, recent financial results for the first quarter of fiscal 2027 underscore the company’s performance. Revenue grew to $459.7 million, representing a 13% increase from the prior year, but fell short of market expectations. Adjusted earnings of $1.84 per share exceeded forecasts of $1.82. However, the revenue shortfall and an uncertain outlook seem to have negatively impacted investor sentiment. Notably, Stifel has revised its price target for Cirrus Logic downward from $197 to $160, while retaining a Buy rating, based on the company’s recent revenue guidance. The latest earnings report, covering the quarter ending in June, indicated a sequential revenue increase of 2.5%, providing further context to the mixed signals surrounding the company’s stock performance. This report was produced with AI assistance and vetted by an editor.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "ZIM stock hits 52-week high at 30.96 USD",
        "url": "https://urgent.news/2026/10/12/zim-stock-hits-52-week-high-at-30-96-usd",
        "published": "2026-10-12T19:04:23.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}