Cricut, Inc. (CRCT)
NASDAQ: CRCT · IEX Real-Time Price · USD
5.27
+0.09 (1.74%)
Apr 19, 2024, 4:00 PM EDT - 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 -3.42% from the current stock price of 5.27.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 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 | -24.10% | Mar 7, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $7 → $5.75 | Hold | Maintains | $7 → $5.75 | +9.11% | Mar 6, 2024 |
| Citigroup | Citigroup | Hold Maintains $8.5 → $6 | Hold | Maintains | $8.5 → $6 | +13.85% | Mar 6, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Initiates $7 | Hold | Initiates | $7 | +32.83% | Dec 13, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $5 → $4.6 | Sell | Maintains | $5 → $4.6 | -12.71% | Nov 8, 2023 |
Financial Forecast
Revenue This Year
766.03M
from 765.15M
Increased by 0.12%
Revenue Next Year
798.19M
from 766.03M
Increased by 4.20%
EPS This Year
0.23
from 0.24
Decreased by -3.10%
EPS Next Year
0.30
from 0.23
Increased by 27.74%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 801.1M | 855.4M | 905.0M |
| Avg | 766.0M | 798.2M | 839.0M |
| Low | 714.8M | 743.8M | 769.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.7% | 11.7% | 13.4% |
| Avg | 0.1% | 4.2% | 5.1% |
| Low | -6.6% | -2.9% | -3.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.26 | 0.38 | 0.43 |
| Avg | 0.23 | 0.30 | 0.33 |
| Low | 0.21 | 0.25 | 0.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.4% | 62.5% | 44.9% |
| Avg | -3.1% | 27.7% | 12.2% |
| Low | -12.2% | 9.6% | -7.6% |
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.