Cricut, Inc. (CRCT)

NASDAQ: CRCT · IEX Real-Time Price · USD
9.55
+0.07 (0.74%)
Mar 30, 2023, 10:48 AM EDT - Market open
0.74%
Market Cap 2.09B
Revenue (ttm) 886.30M
Net Income (ttm) 60.67M
Shares Out 219.42M
EPS (ttm) 0.28
PE Ratio 33.93
Forward PE n/a
Dividend $0.35 (3.67%)
Ex-Dividend Date Jan 31, 2023
Volume 9,682
Open 9.47
Previous Close 9.48
Day's Range 9.38 - 9.62
52-Week Range 5.88 - 14.37
Beta 0.00
Analysts Sell
Price Target 7.48 (-21.68%)
Earnings Date May 8, 2023

About CRCT

Cricut, Inc. designs and markets a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates in 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, Cricut Explore, and Cricut Maker to cut, write, score, and create decorative effects using vari... [Read more]

Sector Technology
IPO Date Mar 25, 2021
Employees 800
Stock Exchange NASDAQ
Ticker Symbol CRCT
Full Company Profile

Financial Performance

In 2022, Cricut's revenue was $886.30 million, a decrease of -32.15% compared to the previous year's $1.31 billion. Earnings were $60.67 million, a decrease of -56.81%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for CRCT stock is "Sell." The 12-month stock price forecast is $7.48, which is a decrease of -21.68% from the latest price.

Price Target
$7.48
(-21.68% downside)
Analyst Consensus: Sell
Stock Forecasts

News

Can Cricut Stock Jump Higher In 2023?

Cricut (NASDAQ: CRCT) is a story linked to the pandemic. Its IPO came a year after the pandemic began, and the first year of growth was driven by social distancing, stay-at-home-activity, and pandemic...

3 weeks ago - MarketBeat

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

3 weeks ago - GlobeNewsWire

Cricut to Present at an Upcoming Investor Conference

SOUTH JORDAN, Utah, March 01, 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 month 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 month 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...

3 months ago - GlobeNewsWire

7 Stocks Under $10 That Can Double in One Year

As the market continues to struggle, it isn't unreasonable to find stocks under $10 to double your money in a year. With the Federal Reserve signalling a shift to slower rate hikes, the U.S. markets h...

4 months ago - InvestorPlace

Cricut, Inc. (CRCT) Q3 Earnings and Revenues Beat Estimates

Cricut, Inc. (CRCT) delivered earnings and revenue surprises of 20% and 7.65%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Cricut, Inc. Reports Third Quarter 2022 Financial Results

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

5 months ago - GlobeNewsWire

Earnings Preview: Cricut, Inc. (CRCT) Q3 Earnings Expected to Decline

Cricut, Inc. (CRCT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

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...

5 months ago - GlobeNewsWire

7 Short-Squeeze Stocks to Buy for Contrarian Investors

Short-squeeze stocks offer tremendous upside potential for people who laugh in the face of danger. Fundamentally, the concept involves betting against the pessimistic crowd with the aim of sparking a ...

6 months ago - InvestorPlace

Cricut to Present at Upcoming Investor Conferences

SOUTH JORDAN, Utah, Aug. 30, 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...

7 months ago - GlobeNewsWire

Cricut, Inc. (CRCT) Q2 Earnings and Revenues Miss Estimates

Cricut, Inc. (CRCT) delivered earnings and revenue surprises of -14.29% and 18.22%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

7 Nasdaq Stocks to Buy on the Dip

If you want to maximize your return potential and can handle some heat, here are compelling Nasdaq stocks to buy on the dip. The post 7 Nasdaq Stocks to Buy on the Dip appeared first on InvestorPlace.

Other symbols: GPKRONLYFTNFLXPYPLVERI
8 months ago - InvestorPlace

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...

9 months ago - GlobeNewsWire

7 Best Cheap Stocks Under $10 to Buy in July

Each of these cheap stocks under $10 per share trades at a low valuation, and has catalysts in play to potentially send them back to higher prices. The post 7 Best Cheap Stocks Under $10 to Buy in Jul...

Other symbols: ARCCNTYDXLGEGYGEOTSQ
9 months ago - InvestorPlace

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...

11 months ago - GlobeNewsWire

Cricut, Inc. (CRCT) Lags Q1 Earnings and Revenue Estimates

Cricut, Inc. (CRCT) delivered earnings and revenue surprises of -15.38% and 7.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

11 months ago - Zacks Investment Research

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...

1 year 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
1 year ago - Benzinga

Executives Buy Over $70M Of 3 Stocks

Although crude oil futures traded lower this morning on Monday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that...

Other symbols: IVZJELD
1 year ago - Benzinga

Cricut Fails To Impress The Market And Shares Go On Sale

Cricut (NASDAQ: CRCT) is an exciting growth story with plenty of pandemic tailwinds behind it. The company makes a line of IoT-connected crafting machines that is complimented by a robust subscription...

1 year ago - MarketBeat

Why Cricut Shares Are Falling Today

Cricut (NASDAQ: CRCT) is trading significantly lower Wednesday after the company reported worse-than-expected top-line results and showed declining net income.  Cricut said fourth-quarter revenue incr...

1 year ago - Benzinga

Cricut, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results

Delivered full year revenue of $1.3 billion, 36% growth over 2020

1 year ago - GlobeNewsWire

Cricut to Announce Fourth Quarter and Full Year Ended 2021 Financial Results on March 8, 2022

SOUTH JORDAN, Utah, Jan. 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 worl...

1 year ago - GlobeNewsWire