Cricut, Inc. (CRCT)

NASDAQ: CRCT · IEX Real-Time Price · USD
6.25
+0.11 (1.79%)
Jun 29, 2022 4:00 PM EDT - Market closed
1.79%
Market Cap 1.39B
Revenue (ttm) 1.23B
Net Income (ttm) 114.56M
Shares Out 221.82M
EPS (ttm) 0.52
PE Ratio 12.11
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 162,886
Open 6.15
Previous Close 6.14
Day's Range 5.96 - 6.25
52-Week Range 5.88 - 47.36
Beta n/a
Analysts Sell
Price Target 9.18 (+46.9%)
Earnings Date Aug 11, 2022

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...]

Industry Computer Hardware
IPO Date Mar 25, 2021
Employees 800
Stock Exchange NASDAQ
Ticker Symbol CRCT
Full Company Profile

Financial Performance

In 2021, Cricut's revenue was $1.31 billion, an increase of 36.20% compared to the previous year's $959.03 million. Earnings were $140.47 million, a decrease of -9.12%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for CRCT stock is "Sell." The 12-month stock price forecast is 9.18, which is an increase of 46.88% from the latest price.

Price Target
$9.18
(46.88% upside)
Analyst Consensus: Sell
Stock Forecasts

News

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 worldwi...

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 world...

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 view ...

Other symbols: ASPNIVZ

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 t...

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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 s...

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 increa...

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 worldw...

5 Stocks Insiders Are Buying Right Now

Several stocks that insiders are buying are worth watching as we enter the new year. This week, that list includes F, CRCT, CHWY and OGEN.

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Cricut Announces CFO Transition with Retirement of Marty Petersen

Kimball Shill, Executive Vice President Operations, to be Promoted to CFO Role Kimball Shill, Executive Vice President Operations, to be Promoted to CFO Role

Why Cricut Stock Crashed Today

Users are spending less money on average, causing the company to miss Wall Street's expectations.

Cricut, Inc. Reports Third Quarter 2021 Financial Results

Revenue grew 24.4% over Q3 2020

Cricut to Announce Third Quarter 2021 Financial Results on November 10, 2021

SOUTH JORDAN, Utah, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldw...

Barclays Downgrades Cricut To Underweight

Barclays analyst Adrienne Yih downgraded Cricut Inc (NASDAQ:CRCT) to Underweight from Equal Weight with an unchanged price target of $28, implying a 7% upside. The analyst sees limited upside to Cricut ...

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As the delta variant drives a rapid increase in Covid-19 cases, consider these stocks to buy for another potential round of restrictions. The post 7 Coronavirus Stocks to Buy in Case of Lockdown 2.0 app...

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Why Cricut Stock Got Cut Down Today

The crafting specialist reported quarterly results and warned of uncertainty ahead.

7 Short-Term Stocks to Buy for a Shot at Some Quick Cash

These seven stocks to buy are poised for a rally in the near-term. They're fundamentally strong and could see returns between 10% and 20%.

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The 5 biggest insider stock buys of last week

Here are the five companies that saw the biggest combined stock purchases from insiders during the week ended July 16.

Other symbols: DRTTENVXIMRAS

Cricut to Announce Second Quarter 2021 Financial Results on August 12, 2021

SOUTH JORDAN, Utah, July 15, 2021 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldw...

Why Cricut Stock Was Up 26% in June

This low-volume stock saw a single buyer moving the market for a brief period.

4 Tech Stocks for Growth-Oriented Investors

Three tech stocks saw their quarterly revenue and net income improve significantly on a year-over-year basis, drawing the interest of growth-oriented investors.

Other symbols: GLOBST

Does Cricut Deserve a Spot on Your Stock Watch List?

DIscussing a new IPO in the consumer goods space that focuses on enhancing the creativity of its users.

Ready, Set, Create: Cricut Unveils Innovations to Double Creativity Speeds

SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut Unveils Innovations to Double Creativity Speeds - Makers and crafters can now create faster with Cricut Explore®3 and Cricut Maker®3.