It’s still a bull thesis, just subverted: Cricut Inc (CRCT)

At the time of writing, Cricut Inc [CRCT] stock is trading at $6.10, up 20.32%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CRCT shares have gain 22.49% over the last week, with a monthly amount glided 23.98%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Cricut Inc [NASDAQ: CRCT] stock has seen the most recent analyst activity on April 14, 2025, when Citigroup downgraded its rating to a Neutral but kept the price target unchanged to $4 for it. Previously, Goldman started tracking the stock with Neutral rating on December 13, 2023, and set its price target to $7. On August 28, 2023, Citigroup initiated with a Neutral rating and assigned a price target of $10.50 on the stock. Robert W. Baird downgraded its rating to a Neutral and decreased its price target to $13 on March 09, 2022. Barclays downgraded its rating to a Underweight but $28 remained the price target by the analyst firm on October 01, 2021. Barclays downgraded its rating to Equal Weight for this stock on August 17, 2021, but kept the price target unchanged to $28. In a note dated August 13, 2021, Morgan Stanley downgraded an Underweight rating on this stock but restated the target price of $29.

For the past year, the stock price of Cricut Inc fluctuated between $3.94 and $7.79. Currently, Wall Street analysts expect the stock to reach $8.25 within the next 12 months. Cricut Inc [NASDAQ: CRCT] shares were valued at $6.10 at the most recent close of the market. An investor can expect a potential return of 35.25% based on the average CRCT price forecast.

Analyzing the CRCT fundamentals

According to Cricut Inc [NASDAQ:CRCT], the company’s sales were 707.78M for trailing twelve months, which represents an -2.84% plunge. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.13 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 5.51 points at the first support level, and at 4.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.57, and for the 2nd resistance point, it is at 7.04.

Ratios To Look Out For

It is important to note that Cricut Inc [NASDAQ:CRCT] has a current ratio of 3.28. As well, the Quick Ratio is 2.61, while the Cash Ratio is 1.14. Considering the valuation of this stock, the price to sales ratio is 1.83, the price to book ratio is 2.64 and price to earnings (TTM) ratio is 19.70.

Transactions by insiders

Recent insider trading involved Ashish Arora, Chief Executive Officer, that happened on Mar 27 ’25 when 5283.0 shares were sold. Chief Executive Officer, Ashish Arora completed a deal on Mar 25 ’25 to sell 710.0 shares. Meanwhile, Chief Executive Officer Ashish Arora sold 35203.0 shares on Mar 14 ’25.

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