Bank of America Increases Crocs (NASDAQ:CROX) Price Target to $160.00

Crocs (NASDAQ:CROX) had its target price lifted by research analysts at Bank of America from $145.00 to $160.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the textile maker’s stock. Bank of America‘s price objective would indicate a potential upside of 18.76% from the stock’s current price.

Other equities analysts have also issued reports about the company. Seaport Research Partners boosted their price target on Crocs from $135.00 to $160.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Royal Bank Of Canada initiated coverage on Crocs in a research report on Monday, June 8th. They issued an “overweight” rating for the company. Piper Sandler raised Crocs from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $95.00 to $150.00 in a report on Friday, June 26th. Stifel Nicolaus boosted their price objective on Crocs from $105.00 to $125.00 and gave the company a “hold” rating in a research report on Monday, June 15th. Finally, Wells Fargo & Company started coverage on Crocs in a research note on Monday, June 8th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.00.

Crocs Price Performance

Shares of Crocs stock opened at $134.72 on Thursday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.67 and a quick ratio of 1.04. The company has a market cap of $6.69 billion, a PE ratio of -97.62, a price-to-earnings-growth ratio of 1.37 and a beta of 1.55. The firm has a fifty day moving average price of $123.11 and a two-hundred day moving average price of $101.81. Crocs has a fifty-two week low of $73.21 and a fifty-two week high of $140.42.

Crocs (NASDAQ:CROX) last posted its quarterly earnings data on Thursday, April 30th. The textile maker reported $2.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.21. The company had revenue of $921.46 million for the quarter, compared to the consensus estimate of $900.57 million. Crocs had a negative net margin of 2.58% and a positive return on equity of 48.29%. The business’s revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.00 EPS. Crocs has set its Q2 2026 guidance at 4.150-4.350 EPS and its FY 2026 guidance at 13.200-13.750 EPS. Analysts expect that Crocs will post 13.66 EPS for the current year.

Insider Transactions at Crocs

In other Crocs news, CEO Andrew Rees sold 32,688 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $118.09, for a total transaction of $3,860,125.92. Following the completion of the transaction, the chief executive officer directly owned 743,293 shares in the company, valued at $87,775,470.37. This represents a 4.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 3.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Crocs

Several institutional investors and hedge funds have recently made changes to their positions in CROX. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Crocs by 159.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 746 shares of the textile maker’s stock valued at $79,000 after purchasing an additional 459 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Crocs by 4.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 211,305 shares of the textile maker’s stock worth $22,441,000 after buying an additional 8,331 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in Crocs by 278.1% during the second quarter. EverSource Wealth Advisors LLC now owns 862 shares of the textile maker’s stock worth $87,000 after buying an additional 634 shares during the last quarter. First Trust Advisors LP increased its holdings in shares of Crocs by 14.3% during the second quarter. First Trust Advisors LP now owns 112,217 shares of the textile maker’s stock worth $11,365,000 after buying an additional 14,067 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Crocs during the second quarter worth approximately $6,290,000. Institutional investors and hedge funds own 93.44% of the company’s stock.

Crocs News Summary

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Needham raised its price target on Crocs to $150 and reiterated a Buy rating, signaling confidence in further upside. Street Insider article
• Positive Sentiment: Bank of America boosted its target to $160 and said sustained North American direct-to-consumer growth could support a higher valuation multiple. Proactive Investors article
• Positive Sentiment: Technical momentum remains strong, with CROX trading near recent highs after a sizable three-month advance and a new 52-week high earlier this month. Barchart article
• Neutral Sentiment: Investors are waiting for Q2 results, with expectations supported by brand strength, DTC growth and international momentum, but not enough clarity yet to call for a clear earnings beat. Zacks earnings preview
• Neutral Sentiment: Crocs’ stock has risen sharply over the past few months, but some investors are weighing whether the rally has already priced in much of the good news. Zacks strategy article
• Negative Sentiment: Tariff pressures, margin concerns and weakness in the HEYDUDE brand remain key headwinds that could limit upside if Q2 results disappoint. Zacks earnings preview

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.