Crocs price target raised to $81 from $71 at Goldman Sachs

Goldman Sachs analyst Brooke Roach raised the firm’s price target on Crocs (CROX) to $81 from $71 and keeps a Sell rating on the shares. Crocs outperformed the market on Thursday following a strong q4 beat and FY26 guidance well above consensus, driven by broad-based sales strength, North American wholesale outperformance, and execution of a $50M cost savings program, the analyst tells investors in a research note. Management expects a 2H26 inflection in sales and profitability, with tariff headwinds declining and the $100M 2026 cost savings plan supporting margin expansion, the firm says.