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DCF valuation

What is Cirrus Logic, Inc. worth?

With the base-case assumptions below, a discounted cash flow model on Cirrus Logic, Inc.'s reported free cash flow gives $280.37 per share. The share price was $119.92 on September 25, 2026, 57% below that value.

Inputs from the filings

Free cash flow, fiscal 2026
$636.6M
Average free cash flow, last 5 years
$369.1M
Cash
$810.7M
balance sheet of June 27, 2026
Debt
$0
not reported, counted as 0
Diluted shares, fiscal 2026
52,822,000
Revenue growth per year, last 5 years
7.8%

Three sets of assumptions

CaseGrowth yrs 1-5Growth yrs 6-10After year 10Discount rateValue per shareValue vs price
Bear3.0%2.5%2.0%10.0%$178.01+48%
Base8.0%5.5%2.5%9.0%$280.37+134%
Bull13.0%8.0%3.0%8.0%$471.39+293%

Sensitivity: base case value per share

Discount rate down the side, growth after year 10 across the top. Everything else as in the base case.

1.5%2.0%2.5%3.0%3.5%
7.0%$354.96$377.85$405.83$440.80$485.76
8.0%$299.21$314.05$331.59$352.64$378.37
9.0%$258.51$268.66$280.37$294.03$310.18
10.0%$227.54$234.75$242.93$252.28$263.07
11.0%$203.21$208.50$214.42$221.07$228.61

Where the presets come from

Base: years 1 to 5 grow at Cirrus Logic, Inc.'s revenue growth rate over the last 5 fiscal years (7.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.

Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.

Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.

This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.

Adjust the assumptions

Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.

Adjust the assumptions

Cirrus Logic, Inc. company page