In the latest development concerning Crocs (CROX, Financial), Goldman Sachs has initiated coverage on the stock. The renowned financial services firm has issued a "Sell" rating for the company. The analyst behind this decision is Brooke Roach.
Furthermore, Goldman Sachs has announced a price target of $88.00 USD for Crocs (CROX, Financial), marking the first price target set by the analyst as no prior price target was recorded.
This coverage comes as part of Goldman Sachs' effort to provide investors with insights into the company's performance and potential market trajectory.
As of the date of the report, July 2, 2025, Crocs (CROX, Financial) is being closely monitored by investors and analysts following this new coverage from a leading financial institution.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Crocs Inc (CROX, Financial) is $126.80 with a high estimate of $150.00 and a low estimate of $105.00. The average target implies an upside of 20.27% from the current price of $105.43. More detailed estimate data can be found on the Crocs Inc (CROX) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Crocs Inc's (CROX, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Crocs Inc (CROX, Financial) in one year is $131.16, suggesting a upside of 24.4% from the current price of $105.43. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Crocs Inc (CROX) Summary page.
