
Crocs (CROX) Stock Forecast & Price Target
Crocs (CROX) Analyst Ratings
Bulls say
Crocs Inc. has demonstrated strong direct-to-consumer (DTC) growth, with global sales increasing by 6% and domestic sales by 2%, indicating continued consumer enthusiasm for the brand. The company also reported substantial improvements in gross margin, rising by 220 basis points year-over-year, surpassing previous forecasts for a decline, which reflects effective pricing strategies. Looking ahead, there is a positive forecast for continued revenue growth, with expectations of a 6% increase for the Crocs brand and significant gross margin expansion projected for fiscal year 2024.
Bears say
Crocs Inc. is facing a challenging financial outlook, with projected revenue declines anticipated in 2025, particularly a mid-teens decrease in Q1, attributed to ongoing wholesale difficulties and inventory takebacks. The brand's sustained growth in North America appears uncertain due to heightened competition within the footwear industry, alongside concerns about the potential failure of the Hey Dude brand turnaround strategy, which could exacerbate revenue declines. Additionally, continued investments in brand stabilization may pressure EBIT margins, while the company's forecasted EPS and operating margin have both been revised downwards, reflecting a more conservative stance amid expected SG&A pressures.
This aggregate rating is based on analysts' research of Crocs and is not a guaranteed prediction by Public.com or investment advice.
Crocs (CROX) Analyst Forecast & Price Prediction
Start investing in Crocs (CROX)
Order type
Buy in
Order amount
Est. shares
0 shares