Cricut, Inc. (CRCT)

NASDAQ: CRCT · Real-Time Price · USD
6.37
-0.10 (-1.55%)
Nov 4, 2024, 4:00 PM EST - Market closed
-1.55%
Market Cap 1.38B
Revenue (ttm) 741.49M
Net Income (ttm) 67.93M
Shares Out 216.37M
EPS (ttm) 0.31
PE Ratio 20.58
Forward PE 24.06
Dividend $0.20 (3.14%)
Ex-Dividend Date Jul 2, 2024
Volume 251,265
Open 6.42
Previous Close 6.47
Day's Range 6.34 - 6.59
52-Week Range 4.43 - 8.66
Beta 0.05
Analysts Sell
Price Target 5.09 (-20.09%)
Earnings Date Nov 5, 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 -20.09% from the latest price.

Price Target
$5.09
(-20.09% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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...

20 days 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.

4 weeks 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...

5 weeks 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

2 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...

3 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...

3 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...

3 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.

4 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...

6 months ago - Seeking Alpha

Cricut, Inc. Reports First Quarter 2024 Financial Results

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

6 months 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...

7 months 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...

8 months 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

8 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...

8 months 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...

9 months 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

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...

1 year 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...

1 year 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...

1 year 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...

1 year ago - GlobeNewsWire

Cricut: More Creative Than Appealing

Cricut, Inc. was a typical beneficiary of the pandemic, and thus was hit hard in its aftermath. While the same boom-bust cycle was seen with Cricut as well, the company maintained financial conservati...

1 year ago - Seeking Alpha

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...

1 year 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...

1 year 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