Crocs (NASDAQ:CROX) Issues FY 2026 Earnings Guidance

Crocs (NASDAQ:CROX) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 13.700-14.000 for the period, compared to the consensus 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.

Crocs Stock Performance

Shares of CROX stock opened at $133.52 on Thursday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04. The company’s fifty day moving average price is $125.21 and its two-hundred day moving average price is $102.93. The firm has a market capitalization of $6.63 billion, a P/E ratio of -96.75, a P/E/G ratio of 1.41 and a beta of 1.55. Crocs has a 12 month low of $73.21 and a 12 month high of $140.42.

Crocs (NASDAQ:CROX) last released its quarterly earnings results on Thursday, July 30th. The textile maker reported $4.55 EPS for the quarter, topping the consensus estimate of $4.35 by $0.20. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Crocs had a positive return on equity of 48.29% and a negative net margin of 2.58%.During the same quarter in the previous year, the firm posted ($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. On average, research analysts anticipate that Crocs will post 13.66 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

CROX has been the topic of a number of research reports. Wedbush assumed coverage on Crocs in a research report on Monday, June 8th. They set an “outperform” rating on the stock. Barclays upped their price objective on Crocs from $109.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Friday, May 1st. Needham & Company LLC increased their target price on Crocs from $132.00 to $150.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Scotiabank initiated coverage on Crocs in a research note on Monday, June 8th. They issued an “outperform” rating on the stock. Finally, The Goldman Sachs Group downgraded shares of Crocs from a “sell” rating to a “neutral” rating in a report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Crocs presently has a consensus rating of “Moderate Buy” and a consensus price target of $128.00.

Insiders Place Their Bets

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Parallel Advisors LLC raised its stake in shares of Crocs by 60.2% during the third quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock valued at $41,000 after purchasing an additional 186 shares in the last quarter. National Bank of Canada FI grew its position in Crocs by 597.3% in the 3rd quarter. National Bank of Canada FI now owns 774 shares of the textile maker’s stock valued at $65,000 after buying an additional 663 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Crocs by 159.9% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after buying an additional 459 shares in the last quarter. Wexford Capital LP acquired a new position in Crocs during the 3rd quarter valued at about $84,000. Finally, EverSource Wealth Advisors LLC increased its stake in Crocs by 278.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock valued at $87,000 after buying an additional 634 shares during the period. 93.44% of the stock is owned by institutional investors and hedge funds.

About Crocs

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.