Crocs, the Consumer Cyclical sector company, was revisited by a Wall Street analyst today. Analyst Kendall Toscano from Bank of America Securities maintained a Buy rating on the stock and has a $120.00 price target.
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Kendall Toscano has given his Buy rating due to a combination of factors that signal attractive upside from current levels. He views the stock’s valuation as compelling at roughly 7x earnings, with room for multiple expansion as evidence builds that the North American business is stabilizing and starting to improve.
Toscano also expects earnings estimates to move higher, supported by strong international growth, the benefit of ongoing share repurchases, and potential recovery in gross margins once tariff pressure begins to ease. In addition, management’s strategy around reducing promotions, leaning on higher‑margin direct‑to‑consumer channels, and driving innovation and brand storytelling underpins confidence in sustained growth through 2026 and beyond.
In another report released on February 14, TipRanks – PerPlexity also upgraded the stock to a Buy with a $111.00 price target.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CROX in relation to earlier this year.