Crocs (NASDAQ:CROX) Issues Q3 2026 Earnings Guidance

Crocs (NASDAQ:CROX) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 3.200-3.300 for the period, compared to the consensus earnings per share estimate of 3.550. The company issued revenue guidance of $996.3 million-$996.3 million, compared to the consensus revenue estimate of $1.0 billion. Crocs also updated its FY 2026 guidance to 13.700-14.000 EPS.

Crocs Trading Down 1.8%

Shares of Crocs stock opened at $133.52 on Thursday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.04 and a current ratio of 1.67. The firm has a 50-day moving average of $125.21 and a 200-day moving average of $102.93. Crocs has a 52-week low of $73.21 and a 52-week high of $140.42. The stock has a market cap of $6.63 billion, a PE ratio of -96.75, a PEG ratio of 1.41 and a beta of 1.55.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.35 by $0.20. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.15 billion. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. During the same quarter in the previous year, the firm posted ($8.82) EPS. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. As a group, sell-side analysts forecast that Crocs will post 13.66 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Barclays boosted their target price on shares of Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft began coverage on Crocs in a research report on Monday, June 8th. They set a “buy” rating on the stock. Wedbush began coverage on Crocs in a research note on Monday, June 8th. They issued an “outperform” rating on the stock. Royal Bank Of Canada began coverage on Crocs in a report on Monday, June 8th. They set an “overweight” rating on the stock. Finally, Wells Fargo & Company initiated coverage on shares of Crocs in a research report on Monday, June 8th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $128.00.

Insider Activity at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the completion of the sale, the chief executive officer directly owned 743,293 shares of the company’s stock, valued at $87,775,470.37. The trade was a 4.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 3.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Crocs

Institutional investors have recently modified their holdings of the company. MML Investors Services LLC bought a new stake in Crocs during the 4th quarter valued at $214,000. Integrated Wealth Concepts LLC bought a new stake in shares of Crocs during the third quarter worth about $210,000. Prelude Capital Management LLC acquired a new stake in shares of Crocs in the 3rd quarter worth about $208,000. NorthRock Partners LLC acquired a new stake in shares of Crocs in the 3rd quarter worth about $206,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Crocs by 97.7% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,193 shares of the textile maker’s stock valued at $183,000 after acquiring an additional 1,084 shares in the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Crocs Company Profile

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.