Cirrus Logic, Inc. (CRUS)

Cirrus Logic, Inc. (CRUS) is a leader in low-power, high-precision mixed-signal processing solutions, primarily for the consumer electronics and automotive markets. Led by President and CEO John Forsyth, Cirrus Logics mission is to "deliver innovative audio and haptic technologies that define the user experience." The company holds an indispensable industry position as a primary supplier to Apple, providing the smart codecs and amplifiers for the iPhone. By late 2025, the CRUS stock has successfully diversified, with its "High-Performance Mixed-Signal (HPMS)" segment now accounting for 40% of total revenue. Its vision is to expand its sensing and power management technologies into the $9 billion total addressable market (TAM) of laptops and wearables.

The business operations of Cirrus Logic are currently reaping the rewards of its "Audio-to-Sensing" pivot. In fiscal 2025, the company reported record revenues of $1.90 billion and an expanded net profit margin of 18%. The core growth driver for 2026 is the "PC Market Inflection," as major laptop manufacturers adopt Cirrus Logics high-efficiency power converters and haptic drivers to enable thinner, lighter designs. The 2026 strategic roadmap focuses on "Automotive Audio-on-Chip," aiming to replace bulky wiring in EVs with integrated digital signal processing. By utilizing its "R&D Moat"—investing over $400 million annually in analog-digital integration—Cirrus Logic maintains a performance edge that competitors find difficult to replicate at the same low power consumption. This "Apple Synergy" is a primary driver for the CRUS stock price, but the company’s 28% growth in non-audio products is increasingly seen as the key to its long-term valuation re-rating. With almost no debt and $2 billion in equity, CRUS is a fortress in the semiconductor sector.