Crocs (NASDAQ:CROX) Releases FY 2026 Earnings Guidance

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

Several equities research analysts recently weighed in on CROX shares. Deutsche Bank Aktiengesellschaft assumed coverage on Crocs in a research note on Monday, June 8th. They issued a “buy” rating on the stock. Needham & Company LLC boosted their target price on shares of Crocs from $132.00 to $150.00 and gave the company a “buy” rating in a report on Friday, July 24th. Scotiabank initiated coverage on shares of Crocs in a research report on Monday, June 8th. They issued an “outperform” rating on the stock. Royal Bank Of Canada assumed coverage on shares of Crocs in a research note on Monday, June 8th. They issued an “overweight” rating for the company. Finally, Seaport Research Partners lifted their price target on shares of Crocs from $135.00 to $160.00 and gave the company a “buy” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $128.00.

Crocs Stock Down 7.4%

Crocs stock traded down $9.86 during mid-day trading on Thursday, reaching $123.66. The stock had a trading volume of 3,007,031 shares, compared to its average volume of 1,239,604. The company has a market capitalization of $6.14 billion, a price-to-earnings ratio of -89.61, a PEG ratio of 1.41 and a beta of 1.55. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04. Crocs has a one year low of $73.21 and a one year high of $140.42. The company has a 50-day moving average price of $125.21 and a two-hundred day moving average price of $102.93.

Crocs (NASDAQ:CROX) last issued its earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.35 by $0.20. The firm had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.15 billion. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business’s revenue was up 2.6% on a year-over-year basis. During the same quarter in the prior 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, analysts expect that Crocs will post 13.66 EPS for the current fiscal year.

Insider Buying and Selling at Crocs

In other news, CEO Andrew Rees sold 32,688 shares of the company’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 transaction, the chief executive officer directly owned 743,293 shares of the company’s stock, valued at $87,775,470.37. This represents a 4.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 3.10% of the stock is owned by corporate insiders.

Trending Headlines about Crocs

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Crocs reported record second-quarter revenue of $1.18 billion, up 2.6% year over year, while adjusted EPS of $4.55 exceeded the roughly $4.35 consensus estimate. The Crocs Brand surpassed $1 billion in quarterly revenue for the first time, supported by direct-to-consumer and international demand. Crocs Q2 earnings beat estimates
• Positive Sentiment: Management raised its full-year 2026 adjusted EPS outlook to $13.70-$14.00 from prior guidance, while revenue is expected to grow approximately 1%-2%. The company also increased its share-repurchase authorization by $1.5 billion, leaving approximately $2 billion available for buybacks. Crocs reports record second-quarter results
• Neutral Sentiment: The stock experienced a temporary LULD trading pause amid heavy trading activity, indicating elevated volatility but providing no direct change to the company’s fundamentals.
• Negative Sentiment: Third-quarter adjusted EPS guidance of $3.20-$3.30 came in below analysts’ expectations near $3.53-$3.55. Revenue guidance of approximately $996 million also trailed forecasts of about $1 billion, creating concern about near-term earnings momentum. Crocs third-quarter guidance disappoints
• Negative Sentiment: Tariff pressures and continued weakness at the HEYDUDE brand weighed on the outlook. HEYDUDE revenue fell 5.7% to $179 million in the quarter, partly offsetting 4.3% growth in the Crocs Brand. Crocs shares slide on weak outlook

Institutional Trading of Crocs

Large investors have recently made changes to their positions in the stock. AQR Capital Management LLC grew its position in Crocs by 399.0% in the 3rd quarter. AQR Capital Management LLC now owns 1,266,799 shares of the textile maker’s stock worth $105,841,000 after purchasing an additional 1,012,943 shares during the period. Fuller & Thaler Asset Management Inc. grew its holdings in shares of Crocs by 78.7% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 907,988 shares of the textile maker’s stock worth $77,651,000 after acquiring an additional 399,964 shares during the period. Incision Capital Management LP purchased a new stake in Crocs during the fourth quarter valued at $27,794,000. Patient Capital Management LLC lifted its holdings in Crocs by 28.9% in the fourth quarter. Patient Capital Management LLC now owns 758,797 shares of the textile maker’s stock valued at $64,892,000 after acquiring an additional 170,003 shares during the period. Finally, Two Sigma Investments LP boosted its position in Crocs by 1,171.9% in the third quarter. Two Sigma Investments LP now owns 162,040 shares of the textile maker’s stock worth $13,538,000 after purchasing an additional 149,300 shares during the last quarter. 93.44% of the stock is currently owned by institutional investors.

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.