Crocs Shares Plunge 3.97% with 220M Volume Ranking 444th as CFO Buys 153K Amid Mixed Analyst Outlook and 20.8% Upside Potential

Crocs (CROX) fell 3.97% on Sept. 3, with a trading volume of $0.22 billion, ranking 444th in the market. Analyst activity and insider transactions highlight mixed but cautiously optimistic signals for the stock.

Stifel Nicolaus analyst Peter McGoldrick reiterated a Hold rating with a $85 price target, while Piper Sandler maintained a Buy. The company’s recent earnings showed a quarterly revenue of $1.15 billion but a GAAP net loss of $492.28 million, contrasting with a $228.91 million profit in the same period last year. Analysts’ consensus remains a “Moderate Buy,” with 8 Buy, 4 Hold, and 1 Sell rating. The average 12-month price target is $105.33, implying a 20.8% potential upside from its current price of $87.20.

Insider sentiment is positive, with 34 insiders increasing share purchases. Susan Healy, Crocs’ CFO, bought $153,120 worth of shares in a single transaction, signaling confidence in the stock’s near-term prospects. However, earnings performance and a wider loss compared to prior-year profits underscore ongoing challenges for the footwear retailer.

Historical backtesting indicates that the stock’s average price target aligns with a 20.8% upside, while analyst ratings have fluctuated between Buy and Hold over the past year. The stock’s performance remains closely tied to earnings momentum and institutional confidence, despite mixed financial results.