Cricut, Inc. (CRCT)

NASDAQ: CRCT · IEX Real-Time Price · USD
5.71
+0.14 (2.51%)
At close: May 3, 2024, 4:00 PM
5.72
+0.01 (0.21%)
After-hours: May 3, 2024, 5:30 PM EDT
2.51%
Market Cap 1.24B
Revenue (ttm) 765.15M
Net Income (ttm) 53.64M
Shares Out 216.80M
EPS (ttm) 0.24
PE Ratio 23.79
Forward PE 24.01
Dividend n/a
Ex-Dividend Date n/a
Volume 620,225
Open 5.51
Previous Close 5.57
Day's Range 5.51 - 5.87
52-Week Range 4.43 - 17.89
Beta 0.03
Analysts Sell
Price Target 5.09 (-10.86%)
Earnings Date May 7, 2024

About CRCT

Cricut, Inc. engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines include Cricut Joy family for personalization, organization, and customizati... [Read more]

Sector Technology
IPO Date Mar 25, 2021
Employees 690
Stock Exchange NASDAQ
Ticker Symbol CRCT
Full Company Profile

Financial Performance

In 2023, Cricut's revenue was $765.15 million, a decrease of -13.67% compared to the previous year's $886.30 million. Earnings were $53.64 million, a decrease of -11.59%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CRCT stock is "Sell." The 12-month stock price forecast is $5.09, which is a decrease of -10.86% from the latest price.

Price Target
$5.09
(-10.86% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Cricut to Announce First Quarter 2024 Financial Results on May 7, 2024

SOUTH JORDAN, Utah, April 16, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users wor...

18 days ago - GlobeNewsWire

Cricut, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results

Delivered 7th consecutive year of profitability with net income of $53.6 million , or 7.0% margin

2 months ago - GlobeNewsWire

Cricut Finds 71% of Women Draw Inspiration and Feel Empowered by Other Women

SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that built a connected platform for making with millions of users worldwide, today released...

2 months ago - Business Wire

Cricut to Present at Upcoming Investor Conferences

SOUTH JORDAN, Utah, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...

2 months ago - GlobeNewsWire

Cricut to Announce Fourth Quarter 2023 Financial Results on March 5, 2024

SOUTH JORDAN, Utah, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...

2 months ago - GlobeNewsWire

Cricut, Inc. Reports Third Quarter 2023 Financial Results

Total users grew to over 8.6 million , up 16% over Q3 2022 Paid subscribers of approximately 2.7 million , up 11% over Q3 2022 Delivered 19th consecutive quarter of profitability with net income of $1...

6 months ago - GlobeNewsWire

Cricut to Announce Third Quarter 2023 Financial Results on November 7, 2023

SOUTH JORDAN, Utah, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...

7 months ago - GlobeNewsWire

Cricut launches Cricut Joy Xtra, expanding its platform and cutting machine portfolio

SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut, Inc. (NASDAQ: CRCT), the leading creative DIY platform, today announced its newest cutting machine — Cricut Joy Xtra. Designed to help makers create the mo...

8 months ago - Business Wire

Cricut, Inc. Reports Second Quarter 2023 Financial Results

Total users grew to over 8.4 million , up 17% over Q2 2022 Paid subscribers of over 2.7 million , up 15% over Q2 2022 Delivered 18th consecutive quarter of profitability with net income of $16.0 milli...

9 months ago - GlobeNewsWire

Cricut to Announce Second Quarter 2023 Financial Results on August 8, 2023

SOUTH JORDAN, Utah, July 18, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...

10 months ago - GlobeNewsWire

Introducing Cricut Venture™, the Largest and Fastest Cutting Machine on the Cricut® Platform

SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut, Inc. (NASDAQ: CRCT), a leading creative technology company, today announced Cricut Venture™, the company's new large-format cutting machine. Cricut Venture...

10 months ago - Business Wire

Cricut to Present at an Upcoming Investor Conference

SOUTH JORDAN, Utah, May 24, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users world...

1 year ago - GlobeNewsWire

Cricut, Inc. Declares Special Cash Dividend of $1.00 Per Share

SOUTH JORDAN, Utah, May 22, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (NASDAQ: CRCT) (“Cricut,” the “Company” or “we”) today announced that the Board of Directors, through its Audit Committee, has declare...

1 year ago - GlobeNewsWire

Cricut, Inc. Reports First Quarter 2023 Financial Results

Total users grew to over 8.2 million , up 19% over Q1 2022 Paid subscribers increased to over 2.7 million , up 17% over Q1 2022 Delivered 17th consecutive quarter of profitability with net income of $...

1 year ago - GlobeNewsWire

Movella Appoints Dale Pistilli as Vice President of Marketing

HENDERSON, NV / ACCESSWIRE / May 8, 2023 / Movella Holdings Inc. (NASDAQ:MVLA) (‘Movella'), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, ...

Other symbols: MVLA
1 year ago - Accesswire

Cricut to Announce First Quarter 2023 Financial Results on May 9, 2023

SOUTH JORDAN, Utah, April 18, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users wor...

1 year ago - GlobeNewsWire

Cricut, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

Delivered 6th consecutive year of profitability with net income of $60.7 million , or 6.8% margin

1 year ago - GlobeNewsWire

Cricut to Announce Fourth Quarter and Fiscal Year 2022 Financial Results on March 7, 2023

SOUTH JORDAN, Utah, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...

1 year ago - GlobeNewsWire

Cricut, Inc. Declares Special Cash Dividend of $0.35 per share

SOUTH JORDAN, Utah, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (NASDAQ: CRCT) (“Cricut,” the “Company” or “we”) today announced that the Board of Directors, through its Audit Committee, has declar...

1 year ago - GlobeNewsWire

Cricut, Inc. Reports Third Quarter 2022 Financial Results

Total users grew to nearly 7.5 million , up 30% over Q3 2021

1 year ago - GlobeNewsWire

Cricut to Announce Third Quarter 2022 Financial Results on November 8, 2022

SOUTH JORDAN, Utah, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...

1 year ago - GlobeNewsWire

Cricut to Announce Second Quarter 2022 Financial Results on August 9, 2022

SOUTH JORDAN, Utah, July 13, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...

1 year ago - GlobeNewsWire

Cricut to Present at Upcoming Investor Conference

SOUTH JORDAN, Utah, May 18, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users world...

2 years ago - GlobeNewsWire

Cricut to Announce First Quarter 2022 Financial Results on May 10, 2022

SOUTH JORDAN, Utah, April 19, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users wor...

2 years ago - GlobeNewsWire

Executives Buy More Than $132M Of 3 Stocks

Although Dow Jones closed slightly lower on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they vie...

Other symbols: ASPNIVZ
2 years ago - Benzinga