Cricut, Inc. (CRCT)

NASDAQ: CRCT · Real-Time Price · USD
4.655
-0.145 (-3.02%)
Apr 16, 2025, 11:33 AM EDT - Market open
-3.02%
Market Cap 989.39M
Revenue (ttm) 712.54M
Net Income (ttm) 62.83M
Shares Out 212.54M
EPS (ttm) 0.29
PE Ratio 16.41
Forward PE 24.91
Dividend $0.60 (12.61%)
Ex-Dividend Date Jan 7, 2025
Volume 96,380
Open 4.760
Previous Close 4.800
Day's Range 4.640 - 4.760
52-Week Range 4.525 - 8.400
Beta -0.07
Analysts Sell
Price Target 4.52 (-2.9%)
Earnings Date May 6, 2025

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 in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, Western Europe, the Middle East, Latin America, South Africa, and Asia. It operates through Platform and Products segments. The company offers connected machines, accessories, and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connect... [Read more]

Sector Technology
IPO Date Mar 25, 2021
Employees 640
Stock Exchange NASDAQ
Ticker Symbol CRCT
Full Company Profile

Financial Performance

In 2024, Cricut's revenue was $712.54 million, a decrease of -6.88% compared to the previous year's $765.15 million. Earnings were $62.83 million, an increase of 17.14%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CRCT stock is "Sell." The 12-month stock price forecast is $4.52, which is a decrease of -2.90% from the latest price.

Price Target
$4.52
(-2.90% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Cricut: Engagement Rates Remain Poor, But There Are Bright Spots

I maintain a hold rating for Cricut Inc. due to unresolved concerns about declining user activity and weakening profitability despite some encouraging signs. Q4 2024 earnings showed revenue fell 9.5% ...

27 days ago - Seeking Alpha

Cricut, Inc. (CRCT) Q4 2024 Earnings Call Transcript

Cricut, Inc. (NASDAQ:CRCT) Q4 2024 Earnings Conference Call March 4, 2025 5:00 PM ET Company Participants Jim Suva - Senior Vice President Finance, Treasurer and Investor Relations Ashish Arora - Pre...

6 weeks ago - Seeking Alpha

Cricut® Unveils the Next Generation of Smart Cutting Machines: Cricut Explore® 4 and Cricut Maker® 4

SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut®, Inc. (NASDAQ: CRCT), a leading creative technology company, has announced the next generation of its smart cutting machines: Cricut Explore® 4 and Cricut ...

6 weeks ago - Business Wire

Cricut to Present at Upcoming Investor Conference

SOUTH JORDAN, Utah, Feb. 18, 2025 (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 2024 Financial Results on March 4, 2025

SOUTH JORDAN, Utah, Feb. 11, 2025 (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 Is A 'Buy' After Emerging From The Hype Phase

Cricut experienced a meteoric boom during the pandemic, but its "coming back to earth" has spooked investors. A close look at operational and financial metrics suggests significant potential value for...

2 months ago - Seeking Alpha

Cricut Inc.: There Are Still Visible Operational Headwinds

I maintain a sell rating for Cricut Inc. due to ongoing operational headwinds and a challenging consumer spending environment impacting near-term growth. 3Q24 earnings showed a 4% y/y revenue decline,...

5 months ago - Seeking Alpha

Cricut, Inc. (CRCT) Q3 2024 Earnings Call Transcript

Cricut, Inc. (NASDAQ:CRCT) Q3 2024 Earnings Conference Call November 5, 2024 5:00 AM ET Company Participants Jim Suva - Senior Vice President of Finance and Treasurer Ashish Arora - Chief Executive O...

5 months ago - Seeking Alpha

Cricut, Inc. Reports Third Quarter 2024 Financial Results

Paid subscribers over 2.8 million, up 5% over Q3 2023 Q3 2024 revenue of $167.9 million, down 4% compared to Q3 2023 Delivered 23rd consecutive quarter of profitability with net income of $11.5 millio...

5 months ago - GlobeNewsWire

Cricut to Announce Third Quarter 2024 Financial Results on November 5, 2024

SOUTH JORDAN, Utah, Oct. 15, 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...

6 months ago - GlobeNewsWire

Cricut® Pursues Legal Action to Protect Against Intellectual Property Infringement

SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut® Pursues Legal Action to Protect Against Intellectual Property Infringement.

6 months ago - Business Wire

Cricut Adds New Independent Board Member Heidi Zak

SOUTH JORDAN, Utah, Sept. 30, 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...

7 months ago - GlobeNewsWire

Cricut to Present at Upcoming Investor Conferences

Cricut to Present at Upcoming Investor Conferences SOUTH JORDAN, Utah, August 19, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the crea

8 months ago - GlobeNewsWire

Cricut, Inc. (CRCT) Q2 2024 Earnings Call Transcript

Cricut, Inc. (NASDAQ:CRCT) Q2 2024 Results Conference Call August 6, 2024 5:00 PM ET Company Participants Jim Suva - Senior Vice President of Finance and Treasurer Ashish Arora - Chief Executive Offi...

9 months ago - Seeking Alpha

Cricut, Inc. Reports Second Quarter 2024 Financial Results

Paid subscribers over 2.8 million, up 3% over Q2 2023 Connected machines revenue growth of 18% over Q2 2023 Q2 2024 revenue of $167.9 million, down 6% compared to Q2 2023 Delivered 22nd consecutive qu...

9 months ago - GlobeNewsWire

Cricut to Announce Second Quarter 2024 Financial Results on August 6, 2024

SOUTH JORDAN, Utah, July 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 worl...

9 months ago - GlobeNewsWire

Personalize and DIY Your 4th of July with Cricut

A Media Snippet accompanying this announcement is available by clicking on this link. ORLANDO, Fla.

10 months ago - GlobeNewsWire

Cricut, Inc. (CRCT) Q1 2024 Earnings Call Transcript

Cricut, Inc. (NASDAQ:CRCT) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Jim Suva - SVP, Finance, Treasurer & IR Ashish Arora - CEO & Director Kimball Shill - CFO Confe...

1 year ago - Seeking Alpha

Cricut, Inc. Reports First Quarter 2024 Financial Results

Paid subscribers of approximately 2.8 million , up 3% over Q1 2023

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Cricut, Inc. (CRCT) Q4 2023 Earnings Call Transcript

Cricut, Inc. (NASDAQ:CRCT) Q4 2023 Earnings Conference Call March 5, 2024 5:00 PM ET Company Participants Jim Suva - Senior Vice President, Finance Ashish Arora - Chief Executive Officer Kimball Shil...

1 year ago - Seeking Alpha

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

1 year 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...

1 year ago - Business Wire

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...

1 year ago - GlobeNewsWire

Cricut, Inc. (CRCT) Q3 2023 Earnings Call Transcript

Cricut, Inc. (NASDAQ:CRCT) Q3 2023 Earnings Conference Call November 7, 2023 5:00 PM ET Company Participants Jim Suva - Senior Vice President, Finance Ashish Arora - Chief Executive Officer Kimball S...

1 year ago - Seeking Alpha