CricutCRCT
About: Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs, and T-shirts to large-scale interior decorations. It derives revenues from three segments including the Connected machines engaged in the sale of its connected machine hardware and related essential software, the Subscriptions segment provides monthly and annual subscription fees, and the Accessories and Materials segment provides craft, DIY, home decor products and heat presses including the Cricut EasyPress, Cricut Mug Press, and Cricut Autopress.
Employees: 620
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
11% more funds holding
Funds holding: 109 [Q2] → 121 (+12) [Q3]
5% more capital invested
Capital invested by funds: $150M [Q2] → $157M (+$7.28M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
6.31% less ownership
Funds ownership: 48.71% [Q2] → 42.4% (-6.31%) [Q3]
55% less call options, than puts
Call options by funds: $29K | Put options by funds: $64K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Goldman Sachs Eric Sheridan 60% 1-year accuracy 37 / 62 met price target | 3%downside $5.75 | Neutral Maintained | 6 Nov 2024 |
Financial journalist opinion
