CRCT stock icon

Cricut
CRCT

$5.98
0.67%
 

About: Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs, and T-shirts to large-scale interior decorations. It derives revenues from three segments including the Connected machines engaged in the sale of its connected machine hardware and related essential software, the Subscriptions segment provides monthly and annual subscription fees, and the Accessories and Materials segment provides craft, DIY, home decor products and heat presses including the Cricut EasyPress, Cricut Mug Press, and Cricut Autopress.

Employees: 620

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

58% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 19

32% more call options, than puts

Call options by funds: $278K | Put options by funds: $211K

29% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 31

11% more funds holding

Funds holding: 100 [Q4 2023] → 111 (+11) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

7.32% less ownership

Funds ownership: 50.16% [Q4 2023] → 42.84% (-7.32%) [Q1 2024]

41% less capital invested

Capital invested by funds: $173M [Q4 2023] → $103M (-$70.4M) [Q1 2024]

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$4
33%
downside
Avg. target
$5.25
12%
downside
High target
$6
0%
upside

3 analyst ratings

positive
0%
neutral
67%
negative
33%
Barclays
Adrienne Yih
33%downside
$4
Underweight
Maintained
7 Mar 2024
Goldman Sachs
Eric Sheridan
4%downside
$5.75
Neutral
Maintained
6 Mar 2024
Citigroup
Jim Suva
0%upside
$6
Neutral
Maintained
6 Mar 2024

Financial journalist opinion