Crocs (NASDAQ:CROX) Shares Gap Up Following Better-Than-Expected Earnings

Crocs, Inc. (NASDAQ:CROX)’s share price gapped up before the market opened on Thursday after the company announced better than expected quarterly earnings. The stock had previously closed at $82.73, but opened at $96.50. Crocs shares last traded at $99.4790, with a volume of 1,526,859 shares.

The textile maker reported $2.29 EPS for the quarter, topping the consensus estimate of $1.91 by $0.38. Crocs had a return on equity of 43.14% and a net margin of 4.48%.The firm had revenue of $957.64 million during the quarter, compared to analysts’ expectations of $916.16 million. During the same period in the previous year, the business earned $2.52 earnings per share. The firm’s revenue for the quarter was down 3.3% on a year-over-year basis. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS.

Crocs News Summary

Here are the key news stories impacting Crocs this week:

• Positive Sentiment: Q4 earnings beat — Crocs reported $2.29 EPS, topping consensus (about $1.91–$1.92) and also beat on revenue with $957.6M versus expectations near $916–917M, giving the quarter an outright upside surprise. Crocs (CROX) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Raised guidance — management drove the rally by setting FY2026 EPS guidance (12.88–13.35) and Q1 guidance (2.67–2.77) above consensus, signaling confidence in margin levers and growth initiatives. Crocs, Inc. Reports Fourth Quarter and Full-Year 2025 Results; Issues First Quarter and Full-Year 2026 Outlook
• Positive Sentiment: Share repurchases and cash flow — Crocs highlighted strong cash generation and repurchased ~6.5M shares for ~$577M in 2025, which supports EPS and signals capital allocation discipline. Press Release
• Positive Sentiment: Short-interest dynamics amplified the move — analysts and outlets note elevated short interest into the print, which can magnify upside on a beat as shorts cover. Highly Short Stock Crocs Soars After Strong Holiday Quarter
• Neutral Sentiment: Brand mix: Crocs brand growth vs. Heydude weakness — Crocs-brand sales grew (including international strength) while Heydude sales declined materially, creating a mixed top-line picture. Quarterly results show the Crocs brand is growing again — overseas, anyway
• Neutral Sentiment: Revenue down y/y but ahead of estimates — total revenue fell ~3.2–3.3% vs. prior year, so the beat reflects better-than-expected execution rather than outright growth. Earnings Release / Transcript
• Negative Sentiment: Profit and Heydude drag — some coverage (WSJ) highlights lower profit and meaningful weakness at Heydude, which is a risk to sustained revenue growth if that segment doesn’t recover. Crocs Logs Lower Profit as Sales Fall
• Negative Sentiment: Longer-term revenue jitters — analysts flag that recurring product cycles and brand strategy shifts (Heydude recovery required) are watchpoints for sustaining the new guidance. Can Crocs’ (CROX) Revenue Jitters Reveal a Deeper Shift in Its Brand Strategy?

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on CROX. UBS Group restated a “neutral” rating on shares of Crocs in a report on Tuesday, February 3rd. Robert W. Baird reiterated a “neutral” rating and set a $100.00 price objective on shares of Crocs in a research report on Wednesday, January 7th. Needham & Company LLC restated a “buy” rating and issued a $100.00 target price on shares of Crocs in a report on Friday, December 5th. Bank of America cut their target price on Crocs from $99.00 to $98.00 and set a “buy” rating for the company in a research note on Tuesday, October 21st. Finally, KeyCorp reissued a “sector weight” rating on shares of Crocs in a research report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $94.64.

Institutional Trading of Crocs

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Allworth Financial LP boosted its stake in Crocs by 120.7% during the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock worth $45,000 after buying an additional 245 shares during the period. Torren Management LLC acquired a new position in shares of Crocs in the 4th quarter worth approximately $39,000. Employees Retirement System of Texas acquired a new position in shares of Crocs in the 2nd quarter worth approximately $49,000. Parallel Advisors LLC boosted its position in shares of Crocs by 60.2% during the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after purchasing an additional 186 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Crocs in the 2nd quarter valued at approximately $58,000. 93.44% of the stock is owned by institutional investors and hedge funds.

Crocs Price Performance

The stock has a market cap of $5.08 billion, a price-to-earnings ratio of 32.40 and a beta of 1.56. The company has a current ratio of 1.40, a quick ratio of 0.83 and a debt-to-equity ratio of 0.97. The company’s fifty day moving average is $86.47 and its two-hundred day moving average is $84.66.

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.