Crocs Shares Tumble as Analyst Sees Tariff Pain Peaking; Analyst Boosts 2025 EPS Forecast

Crocs Inc. reported Q3 adjusted EPS of $2.92, beating the consensus estimate of $2.36. The company guided Q4 adjusted EPS to $1.82-$1.92 and expects sales of $910.6 million, below the $922.7 million Street view. Bank of America Securities analyst Christopher Nardone reiterated a Buy rating and raised the price forecast from $98 to $112, citing steady improvement at HeyDude and undervalued cash flow strength. Nardone raised his 2025 EPS forecast 8% to $12.16, citing the beat and better Q4 margins.