Crocs (NASDAQ:CROX) Updates FY 2026 Earnings Guidance

Crocs (NASDAQ:CROX) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 13.700-14.000 for the period, compared to the consensus EPS estimate of 13.670. The company issued revenue guidance of $4.1 billion-$4.1 billion, compared to the consensus revenue estimate of $4.1 billion. Crocs also updated its Q3 2026 guidance to 3.200-3.300 EPS.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CROX shares. Seaport Research Partners lifted their target price on Crocs from $135.00 to $160.00 and gave the stock a “buy” rating in a report on Monday, July 20th. Royal Bank Of Canada started coverage on Crocs in a report on Monday, June 8th. They set an “overweight” rating on the stock. Monness Crespi & Hardt raised their target price on shares of Crocs from $130.00 to $160.00 and gave the company a “buy” rating in a report on Friday. Wall Street Zen raised shares of Crocs from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Finally, Bank of America lifted their price objective on shares of Crocs from $145.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Crocs has a consensus rating of “Hold” and a consensus target price of $135.09.

Crocs Trading Up 2.0%

CROX traded up $2.43 during trading hours on Friday, reaching $126.09. 727,190 shares of the company’s stock traded hands, compared to its average volume of 1,235,767. The firm has a 50-day moving average price of $125.50 and a 200 day moving average price of $103.19. The firm has a market capitalization of $6.27 billion, a PE ratio of -91.42, a PEG ratio of 1.38 and a beta of 1.55. The company has a quick ratio of 1.04, a current ratio of 1.67 and a debt-to-equity ratio of 0.93. Crocs has a 52-week low of $73.21 and a 52-week high of $140.42.

Crocs (NASDAQ:CROX) last released its earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm posted ($8.82) earnings per share. The business’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, sell-side analysts predict that Crocs will post 13.66 EPS for the current fiscal year.

Insider Buying and Selling at Crocs

In related 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 value of $3,860,125.92. Following the completion of the sale, the chief executive officer 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 3.10% of the company’s stock.

Key Crocs News

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Record Q2 performance: Revenue rose 2.6% year over year to $1.179 billion, exceeding expectations, while adjusted EPS of $4.55 beat consensus estimates. The Crocs Brand surpassed $1 billion in quarterly revenue for the first time. Crocs Q2 Results
• Positive Sentiment: Full-year outlook raised: Crocs increased its fiscal 2026 adjusted EPS forecast to $13.70–$14.00, slightly above analyst expectations, while maintaining revenue growth guidance of approximately 1%–2%.
• Positive Sentiment: Shareholder returns and analyst support: The company expanded its share-repurchase authorization by $1.5 billion, leaving approximately $2 billion available. Monness Crespi & Hardt raised its price target to $160 and assigned a Buy rating, while Bank of America reiterated its Buy rating and $160 target. Bank of America Crocs Rating
• Neutral Sentiment: Growth is uneven: International and direct-to-consumer demand supported results, but HEYDUDE revenue declined 5.7% to $179 million. Investors are also monitoring whether margin expansion can offset tariff-related costs. Crocs Growth and Margin Pressure
• Negative Sentiment: Near-term guidance disappointed: Third-quarter adjusted EPS guidance of $3.20–$3.30 and revenue guidance of roughly $996 million were below Wall Street expectations. The weaker outlook, along with tariffs and continued HEYDUDE weakness, initially overshadowed the Q2 beat and caused the stock to slide. Crocs Shares Slide on Outlook

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in CROX. OMERS ADMINISTRATION Corp raised its stake in Crocs by 46.1% in the fourth quarter. OMERS ADMINISTRATION Corp now owns 23,518 shares of the textile maker’s stock worth $2,011,000 after buying an additional 7,422 shares in the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Crocs during the 4th quarter worth $1,403,000. Creative Planning boosted its position in Crocs by 50.1% during the third quarter. Creative Planning now owns 14,530 shares of the textile maker’s stock valued at $1,214,000 after purchasing an additional 4,848 shares in the last quarter. Twinbeech Capital LP purchased a new position in Crocs in the fourth quarter valued at about $1,172,000. Finally, Quantitative Investment Management LLC bought a new position in Crocs in the fourth quarter worth about $658,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

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.