Barclays maintains Cricut at Underweight, raises price target to $6 from $4
Barclays kept its Underweight rating on Cricut but raised its price target to $6 from $4, a 50% increase. This implies a 32.4% downside from the Nov 4 close of $8.88.
Cricut, Inc.
Cricut provides a creativity platform for people who make do-it-yourself goods, including custom cards, apparel, gifts and home décor. Its ecosystem combines Cricut Design Space, a cloud-based design app, with connected cutting machines, digital content, accessories and materials. Machine families include Cricut Joy, Explore and Maker, as well as Cricut Venture. Users can access free designs or buy images, fonts and projects individually, or subscribe to Cricut Access for a larger content library and member benefits. Cricut makes money from sales of connected machines, subscriptions, accessories and materials through its website, online retailers and brick-and-mortar partners. Its products are sold globally, including through Amazon, Best Buy, Michaels, Target and Walmart. Cricut is headquartered in South Jordan, Utah.
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Barclays kept its Underweight rating on Cricut but raised its price target to $6 from $4, a 50% increase. This implies a 32.4% downside from the Nov 4 close of $8.88.
Shopify reported a 32% revenue increase and 22% free cash flow margin for Q3 2026, with $119B in GMV. Cricut rose 48.7% after strong earnings and guidance. Welspun Living fell 4.1%. Amazon, Alibaba, and MercadoLibre also saw gains.
Cricut (CRCT) reported Q3 2026 earnings of $0.13 per share, beating estimates of $0.05, with revenue of $188.6M, exceeding the $164.4M consensus. The stock surged 50% on the news, reaching prices last seen in late 2023. The company's installed base and international sales growth drove the performance.
Over the past 7 days, AlphAI's AI scored 15 news stories mentioning CRCT (Cricut, Inc.). Coverage has skewed bullish: 12 bullish, 1 neutral, and 2 bearish.
Recent CRCT coverage spans earnings, corporate actions and insider activity.
In the last 30 days, CRCT insiders filed 3 SEC Form 4 transactions — no purchases and 3 sales ($1.1M). The most active reporter was Ashish Arora, Chief Executive Officer, with 3 filings. 100% of those filings were made under pre-arranged Rule 10b5-1 plans.
Analyst target cut suggests potential downside pressure.
Positive earnings and dividend announcement support further upside.
Earnings beat plus stronger Products and international growth likely supports continued upside momentum, but valuation and volatility risk remain high after a large gap-up.
The dividend and positive guidance are likely to lift CRCT's share price as investors price in the cash return and improved outlook.
Earnings beat expectations and dividend announcements suggest upside pressure.
AlphAI scores every news story that mentions CRCT with an AI model for sentiment and relevance, and aggregates insider trades from Cricut, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Barclays kept its Underweight rating on Cricut but raised its price target to $6 from $4, a 50% increase. This implies a 32.4% downside from the Nov 4 close of $8.88.
Shopify reported a 32% revenue increase and 22% free cash flow margin for Q3 2026, with $119B in GMV. Cricut rose 48.7% after strong earnings and guidance. Welspun Living fell 4.1%. Amazon, Alibaba, and MercadoLibre also saw gains.
Cricut (CRCT) reported Q3 2026 earnings of $0.13 per share, beating estimates of $0.05, with revenue of $188.6M, exceeding the $164.4M consensus. The stock surged 50% on the news, reaching prices last seen in late 2023. The company's installed base and international sales growth drove the performance.
Cricut (CRCT) announced a $0.70 special dividend payable on January 21, 2027. The company also expects full-year revenue growth for the first time since 2021. This update was generated by an AI tool based on content from Seeking Alpha.
Cricut, Inc. (CRCT) filed an SEC Form 8-K — Results of Operations and Financial Condition. Cricut, Inc. Reports Third Quarter 2026 Financial Results Over 3.07 million Paid Subscribers, up 2% over Q3 2025 Q3 2026 revenue of $188.6 million, up 11% compared to Q3 2025 Net income of $27.8 million, up 36% compared to Q3 2025 Recurring semi-annual dividend of $0.10 per share
Cricut (CRCT) secured a $300 million five-year revolving credit facility with BMO, replacing its 2022 agreement with JPMorgan. The new facility, effective October 22, 2026, matures in 2031 and supports working capital, corporate purposes, and potential acquisitions or share repurchases. The prior agreement was terminated early with no penalties.
Cricut, Inc. (CRCT) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01. Entry into a Material Definitive Agreement. On October 22, 2026, Cricut, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) by and among the Company, the other loan parties party thereto, the lenders party thereto and BMO Bank N.A., as admini
Ashish Arora (Chief Executive Officer) sold 180,000 shares of Cricut, Inc. (CRCT) at an average of $6.30 ($6.26–$6.32, $1.13M total) across 3 trades over 2026-10-21 to 2026-10-23 under a Rule 10b5-1 trading plan.
Cricut Inc. (CRCT) will release Q3 2026 earnings on Nov. 3 after market close, followed by a conference call at 3 p.m. MT. A live webcast and replay will be available on their investor relations website. The company is a creative technology platform offering hardware and software for personal projects, with a global user community.
Ashish Arora (Chief Executive Officer) sold 180,000 shares of Cricut, Inc. (CRCT) at an average of $6.48 ($6.43–$6.52, $1.17M total) across 3 trades over 2026-10-01 to 2026-10-05 under a Rule 10b5-1 trading plan.