Crocs (NASDAQ:CROX) Stock Price Target Raised at Barclays

Crocs (NASDAQ:CROX) had its price target increased by Barclays from $139.00 to $178.00 in a research note published on Friday morning,Benzinga reports. The firm currently has an overweight rating on the textile maker’s stock.

A number of other equities analysts have also recently issued reports on CROX. Weiss Ratings raised Crocs from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Piper Sandler reaffirmed an “overweight” rating on shares of Crocs in a research note on Friday, July 31st. Williams Trading set a $184.00 price target on Crocs in a research report on Friday. Needham & Company LLC increased their price objective on Crocs from $150.00 to $190.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, UBS Group reissued a “neutral” rating and set a $145.00 price objective on shares of Crocs in a report on Friday. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $158.30.

Crocs Price Performance

NASDAQ:CROX opened at $150.52 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.96 and a current ratio of 1.44. The company has a 50-day moving average of $120.41 and a 200-day moving average of $109.73. Crocs has a 52 week low of $73.21 and a 52 week high of $154.05. The company has a market capitalization of $7.22 billion, a price-to-earnings ratio of 11.24, a PEG ratio of 1.23 and a beta of 1.56.

Crocs (NASDAQ:CROX) last posted its earnings results on Thursday, October 29th. The textile maker reported $3.69 earnings per share for the quarter, beating analysts’ consensus estimates of $3.31 by $0.38. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1 billion. Crocs had a net margin of 16.20% and a return on equity of 49.35%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.92 earnings per share. As a group, equities research analysts anticipate that Crocs will post 14.26 earnings per share for the current fiscal year.

Insider Activity at Crocs

In other Crocs news, CEO Andrew Rees sold 19,072 shares of Crocs stock in a transaction on Monday, August 10th. The stock was sold at an average price of $138.91, for a total value of $2,649,291.52. Following the completion of the transaction, the chief executive officer owned 713,293 shares in the company, valued at approximately $99,083,530.63. The trade was a 2.60% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Beth J. Kaplan acquired 885 shares of the business’s stock in a transaction on Tuesday, September 15th. The stock was acquired at an average price of $112.12 per share, with a total value of $99,226.20. Following the transaction, the director owned 15,259 shares in the company, valued at approximately $1,710,839.08. The trade was a 6.16% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 3.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new position in Crocs during the second quarter worth $561,223,000. Patient Capital Management LLC acquired a new position in shares of Crocs in the second quarter valued at $96,443,000. Bank of New York Mellon Corp bought a new position in shares of Crocs in the second quarter valued at about $39,610,000. Bank of America Corp DE bought a new position in shares of Crocs in the second quarter valued at about $33,820,000. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Crocs by 14.8% during the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 268,617 shares of the textile maker’s stock worth $31,511,000 after buying an additional 34,667 shares during the period. 93.44% of the stock is owned by institutional investors.

Key Headlines Impacting Crocs

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Quarterly earnings and revenue beat expectations. Crocs reported adjusted EPS of $3.69 versus the $3.31 analyst consensus, while revenue increased 4.7% year over year to approximately $1.04 billion, ahead of estimates near $1.00 billion. Crocs quarterly earnings report
• Positive Sentiment: Management raised its full-year forecast for the third consecutive time. Crocs now expects 2026 revenue growth of approximately 3%, up from its prior 1%–2% outlook, and projects fourth-quarter revenue growth of roughly 7%–9%. Crocs Q3 results and outlook
• Positive Sentiment: HEYDUDE returned to growth. HEYDUDE revenue increased about 6%, easing concerns about the struggling brand and strengthening the case for a broader recovery. Crocs Brand revenue also grew approximately 4.4%. Reuters HEYDUDE turnaround article
• Positive Sentiment: Profitability and shareholder returns improved. Gross margin expanded to 66.2% from 58.5% a year earlier, operating income rose more than 40%, and the company repurchased approximately $250 million of stock during the quarter.
• Positive Sentiment: Analysts became more bullish. Barclays raised its price target to $178 and assigned an “overweight” rating, while Needham raised its target to $190 and reiterated a “buy” rating. Barclays CROX rating
• Neutral Sentiment: Technical coverage highlights that CROX has moved above its 20-day and 50-day moving averages and reached a new 52-week high, signaling positive momentum but also increasing the risk of profit-taking after the sharp advance. CROX moving average analysis
• Negative Sentiment: Some commentary notes that international growth is helping offset weaker U.S. performance, while tariff-related benefits and buybacks contributed to the earnings improvement. These factors could make comparisons less favorable if they do not persist.

About Crocs

Crocs, Inc is a global footwear company best known for its Crocs brand of casual, lightweight shoes. Its product portfolio includes clogs, sandals, slides, boots and other casual footwear, along with accessories such as Jibbitz charms, which are designed to personalize Crocs shoes.

The company was founded in 2002 and introduced its first clog that year. Crocs has expanded from its original molded footwear into a broader lifestyle brand, offering products for women, men and children through company-operated and third-party retail stores, e-commerce platforms and wholesale partners.

In 2022, Crocs completed its acquisition of HEYDUDE, adding the casual shoe brand to its portfolio.