Cricut Inc Stockholders Approve Key Amendments at Annual Meeting

Cricut Inc ( (CRCT) ) just unveiled an update.

At the 2025 Annual Meeting of Stockholders held on May 28, 2025, Cricut Inc.’s stockholders approved an amendment to the company’s Certificate of Incorporation, allowing for the exculpation of certain officers from liability under specific circumstances as permitted by Delaware law. Additionally, the meeting saw the election of seven individuals to the Board of Directors for the ensuing year and the approval of several proposals, including the compensation of named executive officers and the ratification of BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (CRCT) stock is a Sell with a $4.00 price target. To see the full list of analyst forecasts on Cricut Inc stock, see the CRCT Stock Forecast page.

Spark’s Take on CRCT Stock

According to Spark, TipRanks’ AI Analyst, CRCT is a Outperform.

Cricut Inc. shows strong financial health with robust cash flow and a solid balance sheet. Despite challenges from declining revenues and engagement metrics, the company demonstrates resilience through strategic investments and profitability. The valuation is reasonable, and corporate actions indicate confidence in future growth. Technical indicators suggest caution due to potential overbought conditions.

To see Spark’s full report on CRCT stock, click here.

More about Cricut Inc

Average Trading Volume: 494,105

Technical Sentiment Signal: Buy

Current Market Cap: $1.28B

See more insights into CRCT stock on TipRanks’ Stock Analysis page.