Crocs (NASDAQ:CROX) Shares Gap Up on Strong Earnings

Crocs, Inc. (NASDAQ:CROX)’s share price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $82.73, but opened at $96.50. Crocs shares last traded at $99.4790, with a volume of 1,526,859 shares traded.

The textile maker reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.38. Crocs had a return on equity of 43.14% and a net margin of 4.48%.The firm had revenue of $957.64 million for the quarter, compared to the consensus estimate of $916.16 million. During the same quarter in the previous year, the business earned $2.52 EPS. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS.

More Crocs News

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Q4 earnings beat — Crocs reported $2.29 EPS, topping consensus (about $1.91–$1.92) and also beat on revenue with $957.6M versus expectations near $916–917M, giving the quarter an outright upside surprise. Crocs (CROX) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Raised guidance — management drove the rally by setting FY2026 EPS guidance (12.88–13.35) and Q1 guidance (2.67–2.77) above consensus, signaling confidence in margin levers and growth initiatives. Crocs, Inc. Reports Fourth Quarter and Full-Year 2025 Results; Issues First Quarter and Full-Year 2026 Outlook
• Positive Sentiment: Share repurchases and cash flow — Crocs highlighted strong cash generation and repurchased ~6.5M shares for ~$577M in 2025, which supports EPS and signals capital allocation discipline. Press Release
• Positive Sentiment: Short-interest dynamics amplified the move — analysts and outlets note elevated short interest into the print, which can magnify upside on a beat as shorts cover. Highly Short Stock Crocs Soars After Strong Holiday Quarter
• Neutral Sentiment: Brand mix: Crocs brand growth vs. Heydude weakness — Crocs-brand sales grew (including international strength) while Heydude sales declined materially, creating a mixed top-line picture. Quarterly results show the Crocs brand is growing again — overseas, anyway
• Neutral Sentiment: Revenue down y/y but ahead of estimates — total revenue fell ~3.2–3.3% vs. prior year, so the beat reflects better-than-expected execution rather than outright growth. Earnings Release / Transcript
• Negative Sentiment: Profit and Heydude drag — some coverage (WSJ) highlights lower profit and meaningful weakness at Heydude, which is a risk to sustained revenue growth if that segment doesn’t recover. Crocs Logs Lower Profit as Sales Fall
• Negative Sentiment: Longer-term revenue jitters — analysts flag that recurring product cycles and brand strategy shifts (Heydude recovery required) are watchpoints for sustaining the new guidance. Can Crocs’ (CROX) Revenue Jitters Reveal a Deeper Shift in Its Brand Strategy?

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on CROX. UBS Group restated a “neutral” rating on shares of Crocs in a report on Tuesday, February 3rd. Zacks Research downgraded shares of Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Monness Crespi & Hardt increased their price objective on Crocs from $92.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, October 31st. KeyCorp reiterated a “sector weight” rating on shares of Crocs in a report on Thursday, January 22nd. Finally, Bank of America cut their price target on Crocs from $99.00 to $98.00 and set a “buy” rating on the stock in a report on Tuesday, October 21st. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Crocs presently has an average rating of “Hold” and a consensus target price of $94.64.

Institutional Trading of Crocs

A number of institutional investors have recently bought and sold shares of CROX. Torren Management LLC acquired a new position in shares of Crocs during the 4th quarter worth about $39,000. Parallel Advisors LLC lifted its stake in Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after purchasing an additional 186 shares during the last quarter. Allworth Financial LP boosted its holdings in Crocs by 120.7% in the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock valued at $45,000 after purchasing an additional 245 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Crocs in the third quarter valued at approximately $48,000. Finally, Employees Retirement System of Texas purchased a new position in Crocs in the second quarter valued at approximately $49,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Trading Up 18.4%

The company has a market cap of $5.08 billion, a price-to-earnings ratio of 32.40 and a beta of 1.56. The company has a quick ratio of 0.83, a current ratio of 1.40 and a debt-to-equity ratio of 0.97. The business’s fifty day simple moving average is $86.47 and its two-hundred day simple moving average is $84.66.

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.