Crocs (NASDAQ:CROX) Price Target Raised to $97.00

Crocs (NASDAQ:CROXFree Report) had its target price raised by UBS Group from $85.00 to $97.00 in a report released on Friday,MarketScreener reports. They currently have a neutral rating on the textile maker’s stock.

A number of other equities research analysts have also issued reports on the company. Wall Street Zen lowered Crocs from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Barclays increased their price objective on Crocs from $86.00 to $109.00 and gave the company an “equal weight” rating in a research note on Friday. Weiss Ratings raised shares of Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, February 9th. Robert W. Baird set a $110.00 price target on shares of Crocs in a research note on Friday. Finally, Piper Sandler reiterated a “neutral” rating and set a $95.00 price target on shares of Crocs in a report on Thursday. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $105.18.

Check Out Our Latest Report on Crocs

Crocs Trading Down 1.6%

Shares of CROX stock opened at $96.88 on Friday. The stock has a market cap of $4.87 billion, a P/E ratio of -76.89 and a beta of 1.56. The company has a quick ratio of 0.74, a current ratio of 1.27 and a debt-to-equity ratio of 0.95. Crocs has a fifty-two week low of $73.21 and a fifty-two week high of $122.84. The business has a fifty day simple moving average of $86.81 and a 200-day simple moving average of $84.43.

Crocs (NASDAQ:CROXGet Free Report) last issued its quarterly earnings data on Thursday, February 12th. The textile maker reported $2.29 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $0.37. Crocs had a negative net margin of 2.01% and a positive return on equity of 45.17%. The firm had revenue of $957.64 million for the quarter, compared to analysts’ expectations of $916.16 million. During the same period in the prior year, the company earned $2.52 EPS. The firm’s revenue was down 3.3% on a year-over-year basis. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. On average, analysts forecast that Crocs will post 13.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. FORA Capital LLC purchased a new position in shares of Crocs in the 4th quarter worth about $1,899,000. Patient Capital Management LLC increased its position in Crocs by 28.9% during the 4th quarter. Patient Capital Management LLC now owns 758,797 shares of the textile maker’s stock worth $64,892,000 after purchasing an additional 170,003 shares in the last quarter. Quinn Opportunity Partners LLC increased its position in Crocs by 41.5% during the 4th quarter. Quinn Opportunity Partners LLC now owns 299,872 shares of the textile maker’s stock worth $25,645,000 after purchasing an additional 88,000 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in Crocs by 162.0% in the fourth quarter. Neuberger Berman Group LLC now owns 6,392 shares of the textile maker’s stock valued at $547,000 after buying an additional 3,952 shares during the period. Finally, Bridgefront Capital LLC acquired a new position in Crocs during the fourth quarter valued at approximately $527,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Key Headlines Impacting Crocs

Here are the key news stories impacting Crocs this week:

About Crocs

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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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