Cricut, Inc. (CRCT)
NASDAQ: CRCT · Real-Time Price · USD
6.37
-0.10 (-1.55%)
Nov 4, 2024, 4:00 PM EST - Market closed
Cricut Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Cricut stock have an average target of 5.09, with a low estimate of 4.00 and a high estimate of 6.00. The average target predicts a decrease of -20.09% from the current stock price of 6.37.
Analyst Consensus: Sell
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for Cricut stock from 4 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $6 → $4 | Sell | Maintains | $6 → $4 | -37.21% | Mar 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $7 → $5.75 | Hold | Maintains | $7 → $5.75 | -9.73% | Mar 6, 2024 |
| Citigroup | Citigroup | Hold Maintains $8.5 → $6 | Hold | Maintains | $8.5 → $6 | -5.81% | Mar 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $7 | Hold | Initiates | $7 | +9.89% | Dec 13, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $5 → $4.6 | Sell | Maintains | $5 → $4.6 | -27.79% | Nov 8, 2023 |
Financial Forecast
Revenue This Year
751.85M
from 765.15M
Decreased by -1.74%
Revenue Next Year
764.29M
from 751.85M
Increased by 1.65%
EPS This Year
0.28
from 0.24
Increased by 15.60%
EPS Next Year
0.31
from 0.28
Increased by 11.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 777.5M | 801.0M | 833.2M |
| Avg | 751.9M | 764.3M | 790.9M |
| Low | 715.1M | 720.1M | 743.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6% | 6.5% | 9.0% |
| Avg | -1.7% | 1.7% | 3.5% |
| Low | -6.5% | -4.2% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.30 | 0.37 | 0.39 |
| Avg | 0.28 | 0.31 | 0.35 |
| Low | 0.25 | 0.26 | 0.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.9% | 32.5% | 25.8% |
| Avg | 15.6% | 11.3% | 11.8% |
| Low | 5.8% | -5.3% | -8.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.