Cricut (CRCT) Projected to Post Quarterly Earnings on Tuesday

Cricut (NASDAQ:CRCT) is anticipated to release its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to announce earnings of $0.0453 per share and revenue of $172.02 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 5:00 PM ET.

Cricut (NASDAQ:CRCT) last released its earnings results on Tuesday, August 4th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.13. The firm had revenue of $156.28 million during the quarter, compared to analysts’ expectations of $159.95 million. Cricut had a return on equity of 24.57% and a net margin of 12.71%. On average, analysts expect Cricut to post $0.32 EPS for the current fiscal year and $0.22 EPS for the next fiscal year.

Cricut Price Performance

Shares of Cricut stock opened at $6.34 on Tuesday. The firm has a market cap of $1.33 billion, a price-to-earnings ratio of 14.74 and a beta of 0.25. The stock’s 50-day moving average is $6.00 and its 200-day moving average is $4.83. Cricut has a one year low of $3.73 and a one year high of $6.82.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on CRCT shares. Weiss Ratings raised Cricut from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, August 6th. The Goldman Sachs Group started coverage on Cricut in a research report on Wednesday, August 19th. They set a “sell” rating and a $4.50 price target for the company. Zacks Research downgraded Cricut from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $3.70 price target on shares of Cricut in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Strong Sell” and a consensus target price of $4.07.

Insider Buying and Selling

In other news, CEO Ashish Arora sold 60,000 shares of the stock in a transaction that occurred on Friday, October 23rd. The stock was sold at an average price of $6.26, for a total value of $375,600.00. Following the completion of the sale, the chief executive officer owned 4,908,740 shares of the company’s stock, valued at approximately $30,728,712.40. This represents a 1.21% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Ryan Harmer sold 10,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $5.70, for a total value of $57,000.00. Following the completion of the sale, the insider directly owned 314,428 shares of the company’s stock, valued at approximately $1,792,239.60. The trade was a 3.08% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 730,000 shares of company stock worth $4,258,800. Company insiders own 16.48% of the company’s stock.

Cricut Company Profile

Cricut, Inc develops and sells connected cutting machines and related products for do-it-yourself crafting, personalization and small-scale creative production. Its systems are designed to cut, draw, score and apply materials such as paper, vinyl, fabric, leather and iron-on transfers, enabling users to create customized home décor, apparel, gifts and other projects.

The company’s product portfolio includes Cricut smart cutting machines, heat presses, specialized tools and a broad range of consumable materials.