The fair value estimate for Crocs has been raised from US$114.33 to US$126.00, reflecting updated analyst price targets and improving fundamentals. Piper Sandler upgraded Crocs to Overweight and lifted its target to US$150, while Baird moved to Outperform with a US$150 target, both citing strengthening North America direct-to-consumer trends and early recovery signs at HeyDude. BofA also raised its target to US$145, pointing to sustained momentum after the first-quarter inflection. The revised fair value incorporates a slightly higher long-term revenue growth assumption of 1.59% and a future P/E multiple of 6.22 times, while the discount rate remains at 9.29%.
Crocs IncMultiple analysts raised price targets and upgraded ratings, citing improving fundamentals and recovery signs.