Cirrus Logic stock expands chip reach with INVENTVM deal

Published on 10/08/2026 at 01:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cirrus Logic stock posted USD 460 million in Q1 fiscal 2027 revenue on August 5, 2026. The October 6 acquisition adds Italian mixed-signal chip expertise.

CRUS, US1727551004, Illustration mit AI erstellt.

Cirrus Logic stock (ISIN US1727551004) was last at USD 112.68 on Nasdaq on October 7, 2026 at 4:00 p.m. ET, down 5.21 percent from the previous close. The company had announced the acquisition of INVENTVM Semiconductor on October 6, adding mixed-signal power management and audio engineering capabilities to its product development base.

INVENTVM adds chip expertise

According to Cirrus Logic on October 6, 2026, INVENTVM is a fabless semiconductor company based in Pavia, Italy. Its engineering team and intellectual property support Cirrus Logic's expansion into additional applications and markets.

The transaction gives the Austin-based chip designer more engineering capacity, but it is not a near-term revenue event. Cirrus Logic said the acquisition will not have a material impact on revenue, leaving execution and product adoption as the main measures for investors.

Revenue reached USD 460 million

In Q1 fiscal 2027, revenue reached USD 460 million, according to Cirrus Logic in its August 5, 2026 results announcement. The company described the figure as a record fiscal first-quarter result, while the finance statement reports USD 459.72 million for the quarter ended June 27, 2026.

That quarterly revenue figure gives the acquisition a useful benchmark: INVENTVM must contribute through future products and market expansion rather than through an immediate sales increase. Cirrus Logic's stated strategy centers on low-power, high-precision mixed-signal processing for mobile and consumer applications.

Analyst target stays above the quote

The published consensus is Buy, based on 15 buy ratings, 5 holds and 2 sells, with a median target of USD 160.00 and a USD 130.00 to USD 190.00 target range, according to Paasa on October 7, 2026. The median target lies 42.0 percent above the USD 112.68 quote.

MarketBeat lists November 3, 2026 as the date for Cirrus Logic's Q2 fiscal 2027 report, with consensus revenue of USD 540.38 million, according to MarketBeat. That checkpoint will test whether the company's stated growth strategy is translating into the expected sales pipeline.

CRUS trades below its yearly high

At USD 112.68 on October 7, 2026, CRUS stood 37.5 percent below its 52-week high of USD 180.42 and 6.0 percent above its 52-week low of USD 106.26. Market capitalization was USD 5.7 billion, with volume of 775,526 shares on the same date.