Cricut, Inc. (CRCT)
| 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]
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 StatementsAnalyst 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.
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...
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
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...
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...
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...
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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?
Cricut, Inc. Reports Third Quarter 2022 Financial Results
Total users grew to nearly 7.5 million , up 30% over Q3 2021
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.
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...
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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 ...
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...
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?
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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...
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...
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...
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?
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...
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...
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...
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...
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...
Cricut, Inc. Reports Fourth Quarter and Full Year 2021 Financial Results
Delivered full year revenue of $1.3 billion, 36% growth over 2020
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...