Cricut, Inc. (CRCT)
| Market Cap | 1.49B |
| Revenue (ttm) | 751.31M |
| Net Income (ttm) | 64.18M |
| Shares Out | 216.71M |
| EPS (ttm) | 0.29 |
| PE Ratio | 23.97 |
| Forward PE | 27.99 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 321,900 |
| Open | 6.90 |
| Previous Close | 6.95 |
| Day's Range | 6.71 - 6.90 |
| 52-Week Range | 4.43 - 17.89 |
| Beta | -0.05 |
| Analysts | Sell |
| Price Target | 5.09 (-25.86%) |
| Earnings Date | May 7, 2024 |
About CRCT
Cricut, Inc. engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods. It operates through three segments: Connected Machines, Subscriptions, and Accessories and Materials. The company offers connected machines, design apps, and accessories and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines include Cricut Joy family for personalization, organization, and customizati... [Read more]
Financial Performance
In 2023, Cricut's revenue was $765.15 million, a decrease of -13.67% compared to the previous year's $886.30 million. Earnings were $53.64 million, a decrease of -11.59%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for CRCT stock is "Sell." The 12-month stock price forecast is $5.09, which is a decrease of -25.86% from the latest price.
News
Cricut, Inc. Reports First Quarter 2024 Financial Results
Paid subscribers of approximately 2.8 million , up 3% over Q1 2023
Cricut to Announce First Quarter 2024 Financial Results on May 7, 2024
SOUTH JORDAN, Utah, April 16, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users wor...
Cricut, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Delivered 7th consecutive year of profitability with net income of $53.6 million , or 7.0% margin
Cricut Finds 71% of Women Draw Inspiration and Feel Empowered by Other Women
SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that built a connected platform for making with millions of users worldwide, today released...
Cricut to Present at Upcoming Investor Conferences
SOUTH JORDAN, Utah, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut to Announce Fourth Quarter 2023 Financial Results on March 5, 2024
SOUTH JORDAN, Utah, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut, Inc. Reports Third Quarter 2023 Financial Results
Total users grew to over 8.6 million , up 16% over Q3 2022 Paid subscribers of approximately 2.7 million , up 11% over Q3 2022 Delivered 19th consecutive quarter of profitability with net income of $1...
Cricut to Announce Third Quarter 2023 Financial Results on November 7, 2023
SOUTH JORDAN, Utah, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut launches Cricut Joy Xtra, expanding its platform and cutting machine portfolio
SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut, Inc. (NASDAQ: CRCT), the leading creative DIY platform, today announced its newest cutting machine — Cricut Joy Xtra. Designed to help makers create the mo...
Cricut, Inc. Reports Second Quarter 2023 Financial Results
Total users grew to over 8.4 million , up 17% over Q2 2022 Paid subscribers of over 2.7 million , up 15% over Q2 2022 Delivered 18th consecutive quarter of profitability with net income of $16.0 milli...
Cricut to Announce Second Quarter 2023 Financial Results on August 8, 2023
SOUTH JORDAN, Utah, July 18, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Introducing Cricut Venture™, the Largest and Fastest Cutting Machine on the Cricut® Platform
SOUTH JORDAN, Utah--(BUSINESS WIRE)--Cricut, Inc. (NASDAQ: CRCT), a leading creative technology company, today announced Cricut Venture™, the company's new large-format cutting machine. Cricut Venture...
Cricut to Present at an Upcoming Investor Conference
SOUTH JORDAN, Utah, May 24, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users world...
Cricut, Inc. Declares Special Cash Dividend of $1.00 Per Share
SOUTH JORDAN, Utah, May 22, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (NASDAQ: CRCT) (“Cricut,” the “Company” or “we”) today announced that the Board of Directors, through its Audit Committee, has declare...
Cricut, Inc. Reports First Quarter 2023 Financial Results
Total users grew to over 8.2 million , up 19% over Q1 2022 Paid subscribers increased to over 2.7 million , up 17% over Q1 2022 Delivered 17th consecutive quarter of profitability with net income of $...
Movella Appoints Dale Pistilli as Vice President of Marketing
HENDERSON, NV / ACCESSWIRE / May 8, 2023 / Movella Holdings Inc. (NASDAQ:MVLA) (‘Movella'), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, ...
Cricut to Announce First Quarter 2023 Financial Results on May 9, 2023
SOUTH JORDAN, Utah, April 18, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users wor...
Cricut, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results
Delivered 6th consecutive year of profitability with net income of $60.7 million , or 6.8% margin
Cricut to Announce Fourth Quarter and Fiscal Year 2022 Financial Results on March 7, 2023
SOUTH JORDAN, Utah, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut, Inc. Declares Special Cash Dividend of $0.35 per share
SOUTH JORDAN, Utah, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (NASDAQ: CRCT) (“Cricut,” the “Company” or “we”) today announced that the Board of Directors, through its Audit Committee, has declar...
Cricut, Inc. Reports Third Quarter 2022 Financial Results
Total users grew to nearly 7.5 million , up 30% over Q3 2021
Cricut to Announce Third Quarter 2022 Financial Results on November 8, 2022
SOUTH JORDAN, Utah, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut to Announce Second Quarter 2022 Financial Results on August 9, 2022
SOUTH JORDAN, Utah, July 13, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worl...
Cricut to Present at Upcoming Investor Conference
SOUTH JORDAN, Utah, May 18, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users world...
Cricut to Announce First Quarter 2022 Financial Results on May 10, 2022
SOUTH JORDAN, Utah, April 19, 2022 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users wor...