Crocs (NASDAQ:CROX) Price Target Raised to $160.00

Crocs (NASDAQ:CROX) had its price objective upped by research analysts at Monness Crespi & Hardt from $130.00 to $160.00 in a report issued on Friday. The firm presently has a “buy” rating on the textile maker’s stock. Monness Crespi & Hardt’s price objective suggests a potential upside of 29.39% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. Stifel Nicolaus lifted their price target on shares of Crocs from $105.00 to $125.00 and gave the stock a “hold” rating in a research note on Monday, June 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Crocs in a research note on Monday, July 6th. Williams Trading set a $150.00 price target on shares of Crocs in a research report on Tuesday, June 9th. Piper Sandler raised Crocs from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $95.00 to $150.00 in a report on Friday, June 26th. Finally, Bank of America lifted their target price on Crocs from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $131.45.

Crocs Price Performance

Crocs stock opened at $123.66 on Friday. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $6.14 billion, a P/E ratio of -89.61, a PEG ratio of 1.38 and a beta of 1.55. The firm has a fifty day moving average of $125.50 and a 200-day moving average of $103.19. Crocs has a 52-week low of $73.21 and a 52-week high of $140.42.

Crocs (NASDAQ:CROX) last released its quarterly earnings data on Thursday, July 30th. The textile maker reported $4.55 EPS for the quarter, beating the consensus estimate of $4.35 by $0.20. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company posted ($8.82) earnings per share. The firm’s revenue was up 2.6% compared to the same quarter last year. 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, analysts predict that Crocs will post 13.66 EPS for the current year.

Insider Activity at Crocs

In other news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the completion of the transaction, the chief executive officer directly owned 743,293 shares in the company, valued at approximately $87,775,470.37. The trade was a 4.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 3.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CROX. NewEdge Advisors LLC lifted its stake in Crocs by 1.1% during the second quarter. NewEdge Advisors LLC now owns 10,710 shares of the textile maker’s stock worth $1,085,000 after purchasing an additional 120 shares during the last quarter. Root Financial Partners LLC raised its holdings in shares of Crocs by 96.3% during the 1st quarter. Root Financial Partners LLC now owns 320 shares of the textile maker’s stock worth $27,000 after buying an additional 157 shares in the last quarter. L2 Asset Management LLC lifted its position in shares of Crocs by 5.4% during the 4th quarter. L2 Asset Management LLC now owns 3,319 shares of the textile maker’s stock worth $284,000 after buying an additional 169 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Crocs by 4.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,490 shares of the textile maker’s stock worth $373,000 after buying an additional 176 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in Crocs by 60.2% in the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after buying an additional 186 shares in the last quarter. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs News Summary

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Crocs reported second-quarter adjusted EPS of $4.55, above the $4.35 consensus estimate, while revenue rose 2.6% year over year to $1.18 billion, exceeding expectations of approximately $1.15 billion. Crocs Q2 Earnings Beat Estimates on DTC Growth, 2026 View Raised
• Positive Sentiment: The Crocs Brand surpassed $1 billion in quarterly revenue for the first time, supported by direct-to-consumer and international demand. Management raised full-year 2026 adjusted EPS guidance to $13.70-$14.00 and expects revenue growth of roughly 1%-2%. Crocs Reports Record Second Quarter 2026 Results
• Positive Sentiment: The board expanded Crocs’ share repurchase authorization by $1.5 billion, leaving approximately $2 billion available for future buybacks, which could support per-share earnings and signal confidence in long-term cash generation. Crocs Shares Sink After Soft Third Quarter Outlook
• Neutral Sentiment: Second-quarter GAAP net income was $204.9 million, compared with a $492.3 million loss a year earlier; however, reported profitability metrics vary depending on adjustments used in the earnings comparisons.
• Negative Sentiment: Crocs forecast third-quarter adjusted EPS of $3.20-$3.30 and revenue of about $996 million, below Wall Street expectations of roughly $3.53-$3.55 EPS and $1 billion in revenue. The weaker near-term outlook overshadowed the earnings beat. Crocs Slides After Q3 Profit Guidance Disappoints
• Negative Sentiment: Management cited tariff pressures and continued weakness at the HEYDUDE brand, whose second-quarter revenue fell 5.7% to $179 million. These issues raise concerns about margins and the pace of near-term growth.

About Crocs

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.