Crocs, Inc.
CROXCrocs, Inc. is an American footwear company best known for its lightweight, durable, and casual footwear made from Croslite™, a proprietary foam resin material. Founded in 2002, the company gained widespread popularity for its comfortable and versatile clogs, expanding into a broad range of styles including sandals, shoes, and slides. Crocs has established itself as a global brand with a presence in numerous markets, emphasizing comfort, functionality, and fun in its product designs.
Company News
Crocs received an analyst upgrade from Baird, with Jonathan Komp raising his rating from 'neutral' to 'outperform' and increasing the price target from $115 to $150. The analyst is confident in the Crocs brand's recovery in North America and HeyDude's progress after inventory cleanup efforts. The stock is up nearly 50% this year and trades at an ...
Crocs trades at an attractive 7x forward earnings valuation, but investor concerns about its struggling HeyDude brand—which accounts for 18% of revenue and posted a 12% revenue decline—are suppressing the stock price. The core Crocs brand shows strength with 13% DTC growth and expanding international markets, while HeyDude faces wholesale cha...
Billionaire investor David Einhorn purchased several undervalued consumer stocks in Q1, including Victoria's Secret (increased 30%), Crocs (new position), Deckers Outdoor (increased 60%), and Peloton Interactive (increased 4,000%). These beaten-down stocks are trading at attractive valuations with potential for recovery as companies execute turna...
Himalaya Capital Management established a new position in Crocs, purchasing 628,159 shares valued at $53.72 million in Q4 2025. Despite CROX stock declining 12% over the past year and underperforming the S&P 500, the investment firm sees value in the company's steady earnings profile, strong free cash flow of $659 million, and share buyback activ...
Crocs stock surged after Q4 earnings showed strong international sales growth and guidance that the struggling HeyDude brand would return to growth in H2 2026. Despite HeyDude's continued challenges from a disastrous 2022 acquisition, the company is aggressively cleaning up inventory and plans aggressive DTC expansion. With a forward P/E of only ...
