Crocs (NASDAQ:CROX) Releases Q3 2026 Earnings Guidance

Crocs (NASDAQ:CROX) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.200-3.300 for the period, compared to the consensus estimate of 3.550. The company issued revenue guidance of $996.3 million-$996.3 million, compared to the consensus revenue estimate of $1.0 billion. Crocs also updated its FY 2026 guidance to 13.700-14.000 EPS.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Royal Bank Of Canada assumed coverage on Crocs in a research note on Monday, June 8th. They issued an “overweight” rating for the company. Williams Trading set a $150.00 price objective on Crocs in a research note on Tuesday, June 9th. Wells Fargo & Company initiated coverage on Crocs in a report on Monday, June 8th. They issued a “buy” rating for the company. Stifel Nicolaus boosted their target price on shares of Crocs from $105.00 to $125.00 and gave the company a “hold” rating in a research report on Monday, June 15th. Finally, Monness Crespi & Hardt raised their price objective on shares of Crocs from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $135.09.

Crocs Trading Up 1.9%

NASDAQ CROX traded up $2.38 during trading on Friday, hitting $126.03. The company had a trading volume of 753,209 shares, compared to its average volume of 1,235,961. The company’s fifty day moving average is $125.50 and its 200-day moving average is $103.19. Crocs has a one year low of $73.21 and a one year high of $140.42. The company has a current ratio of 1.67, a quick ratio of 1.04 and a debt-to-equity ratio of 0.93. The company has a market cap of $6.26 billion, a price-to-earnings ratio of -91.08, a price-to-earnings-growth ratio of 1.38 and a beta of 1.55.

Crocs (NASDAQ:CROX) last announced its earnings results on Thursday, July 30th. The textile maker reported $4.55 earnings per share for the quarter, beating analysts’ consensus estimates of $4.35 by $0.20. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the previous year, the firm posted ($8.82) EPS. The company’s revenue for the quarter was up 2.6% compared to the same quarter last year. Crocs has set its FY 2026 guidance at 13.700-14.000 EPS and its Q3 2026 guidance at 3.200-3.300 EPS. On average, sell-side analysts predict that Crocs will post 13.66 earnings per share for the current year.

Insider Transactions at Crocs

In related news, CEO Andrew Rees sold 32,688 shares of Crocs stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.09, for a total value of $3,860,125.92. Following the completion of the sale, the chief executive officer owned 743,293 shares of the company’s stock, valued at $87,775,470.37. The trade was a 4.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 3.10% of the stock is currently owned by insiders.

Key Headlines Impacting Crocs

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Record Q2 performance: Revenue rose 2.6% year over year to $1.179 billion, exceeding expectations, while adjusted EPS of $4.55 beat consensus estimates. The Crocs Brand surpassed $1 billion in quarterly revenue for the first time. Crocs Q2 Results
• Positive Sentiment: Full-year outlook raised: Crocs increased its fiscal 2026 adjusted EPS forecast to $13.70–$14.00, slightly above analyst expectations, while maintaining revenue growth guidance of approximately 1%–2%.
• Positive Sentiment: Shareholder returns and analyst support: The company expanded its share-repurchase authorization by $1.5 billion, leaving approximately $2 billion available. Monness Crespi & Hardt raised its price target to $160 and assigned a Buy rating, while Bank of America reiterated its Buy rating and $160 target. Bank of America Crocs Rating
• Neutral Sentiment: Growth is uneven: International and direct-to-consumer demand supported results, but HEYDUDE revenue declined 5.7% to $179 million. Investors are also monitoring whether margin expansion can offset tariff-related costs. Crocs Growth and Margin Pressure
• Negative Sentiment: Near-term guidance disappointed: Third-quarter adjusted EPS guidance of $3.20–$3.30 and revenue guidance of roughly $996 million were below Wall Street expectations. The weaker outlook, along with tariffs and continued HEYDUDE weakness, initially overshadowed the Q2 beat and caused the stock to slide. Crocs Shares Slide on Outlook

Hedge Funds Weigh In On Crocs

A number of institutional investors have recently modified their holdings of CROX. L2 Asset Management LLC boosted its stake in shares of Crocs by 50.4% during the third quarter. L2 Asset Management LLC now owns 3,150 shares of the textile maker’s stock valued at $263,000 after purchasing an additional 1,055 shares in the last quarter. IHT Wealth Management LLC purchased a new position in shares of Crocs in the 2nd quarter valued at $252,000. Brooklyn Investment Group purchased a new position in shares of Crocs in the 4th quarter worth approximately $245,000. Aster Capital Management DIFC Ltd lifted its stake in shares of Crocs by 150.5% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,736 shares of the textile maker’s stock valued at $234,000 after purchasing an additional 1,644 shares during the period. Finally, MML Investors Services LLC purchased a new stake in Crocs during the 4th quarter worth approximately $214,000. 93.44% of the stock is owned by hedge funds and other institutional investors.

Crocs Company Profile

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.