Crocs (NASDAQ:CROX) Price Target Raised to $160.00 at Monness Crespi & Hardt

Crocs (NASDAQ:CROXFree Report) had its target price raised by Monness Crespi & Hardt from $130.00 to $160.00 in a research report report published on Friday, MarketBeat Ratings reports. The firm currently has a buy rating on the textile maker’s stock.

A number of other research firms have also issued reports on CROX. Williams Trading set a $150.00 target price on shares of Crocs in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft started coverage on shares of Crocs in a report on Monday, June 8th. They set a “buy” rating for the company. Seaport Research Partners raised their price objective on Crocs from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Bank of America lifted their price objective on Crocs from $145.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, The Goldman Sachs Group reiterated a “sell” rating and issued a $95.00 target price on shares of Crocs in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $135.09.

View Our Latest Stock Report on Crocs

Crocs Stock Performance

NASDAQ CROX opened at $128.01 on Friday. Crocs has a fifty-two week low of $73.21 and a fifty-two week high of $140.42. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 1.28 and a beta of 1.55. The business has a fifty day moving average of $125.85 and a 200-day moving average of $103.36. The company has a quick ratio of 1.04, a current ratio of 1.49 and a debt-to-equity ratio of 0.94.

Crocs (NASDAQ:CROXGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.35 by $0.20. The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. Crocs had a return on equity of 47.75% and a net margin of 14.64%.The business’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the business earned ($8.82) earnings per share. 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 13.68 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the transaction, the chief executive officer owned 743,293 shares of the company’s stock, valued at $87,775,470.37. This trade represents a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 3.10% of the company’s stock.

Hedge Funds Weigh In On Crocs

A number of hedge funds have recently made changes to their positions in the stock. LSV Asset Management increased its holdings in shares of Crocs by 33.1% during the 4th quarter. LSV Asset Management now owns 1,474,037 shares of the textile maker’s stock worth $126,060,000 after buying an additional 366,537 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Crocs by 0.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,447,096 shares of the textile maker’s stock worth $123,760,000 after buying an additional 11,630 shares during the period. AQR Capital Management LLC boosted its holdings in Crocs by 399.0% in the third quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock valued at $105,841,000 after acquiring an additional 1,012,943 shares during the last quarter. Alliancebernstein L.P. boosted its holdings in Crocs by 5.8% in the second quarter. Alliancebernstein L.P. now owns 1,180,405 shares of the textile maker’s stock valued at $119,551,000 after acquiring an additional 64,672 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its position in Crocs by 78.7% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock valued at $77,651,000 after acquiring an additional 399,964 shares during the period. Institutional investors and hedge funds own 93.44% of the company’s stock.

Key Crocs News

Here are the key news stories impacting Crocs this week:

  • Positive Sentiment: Second-quarter results exceeded expectations. Crocs reported adjusted earnings of $4.55 per share versus the $4.35 consensus estimate, while revenue reached a record $1.18 billion, above expectations of approximately $1.15 billion and up 2.6% year over year. The Crocs Brand surpassed $1 billion in quarterly revenue for the first time. Crocs Second-Quarter Results
  • Positive Sentiment: Full-year 2026 guidance was raised. Crocs increased adjusted EPS guidance to $13.70-$14.00, above the prior consensus estimate of $13.67, while maintaining revenue expectations of roughly $4.1 billion. Management also authorized an additional $1.5 billion for share repurchases, leaving approximately $2 billion available for buybacks. Crocs Q2 Earnings Beat
  • Positive Sentiment: Analysts remain constructive. Monness Crespi & Hardt raised its price target from $130 to $160 and assigned a Buy rating. Bank of America also reaffirmed its Buy rating and $160 target, citing brand momentum and potential margin upside. Bank of America Crocs Rating
  • Neutral Sentiment: Growth was uneven across the portfolio. Direct-to-consumer and international demand helped results, but HEYDUDE revenue declined 5.7% to $179 million, highlighting continued challenges outside the core Crocs Brand.
  • Negative Sentiment: Third-quarter guidance disappointed investors. Crocs projected adjusted EPS of $3.20-$3.30 and revenue of about $996 million, below Wall Street expectations of roughly $3.53-$3.55 in EPS and $1 billion in revenue. Tariff pressure and HEYDUDE weakness are expected to weigh on near-term profitability, overshadowing the quarterly beat and causing an initial selloff. Crocs Third-Quarter Guidance

Crocs Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Crocs (NASDAQ:CROX)

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