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CRCT

Cricut Inc. Class A Common Stock (CRCT) fair value

Technology · Computer Hardware · NASDAQ · United States
$6.25-2.50%
Market cap $1.3BNext earnings 2026-11-03Updated Oct 24, 2026
Add earnings to calendarGoogle
Our verdict
Trades 12% below our fair value
Price
$6.25
Model fair valueConfidence: good
$7.10
Model range
$3.56 to $8.40
Fair value $7.10
Price $6.25
4 models fit Cricut Inc. Class A Common Stock and they disagree: 0 of 4 land within 15% of the average.
Two or more of our models back this value.
Near fair value(i)Gold84
Valued as a cyclical company: P/E comparison, EV/EBITDA comparison, Discounted cash flow, and Graham number.
ACCE opinionCricut Inc. Class A Common Stock (CRCT)
Fair value (4 models)
$7.10
ACCE price target
$5.20
Rating
Fairly valued
Horizon
12 months
Fair value published on 24 Oct 2026, 16:06 CEST; previously $9.53 since 17 Oct 2026, 00:00 CEST.
ACCE price target published on 12 Oct 2026, 00:00 CEST.
Rating published on 24 Oct 2026, 16:06 CEST.
Price used: $6.25 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow, P/E comparison, EV/EBITDA comparison, and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
12.0% below
+13.7% to fair value
ACCE score
75
out of 100
Analysts
0% buy
3 covering
P/E
15.6x
forward 0.0x
1-year return
+18.8%
Dividend yield
3.16%

Cricut Inc. Class A Common Stock in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Cricut makes desktop cutting machines (the Maker and Explore lines) and sells the software, blank materials and subscription plans that go with them, mostly to hobbyists and small crafters. Its moat is an installed base of connected machines and a Design Space software ecosystem that keeps users buying consumables and add-ons, which is why gross margin holds at 55.4% even as revenue shrinks. The problem is the top line: revenue growth is -9.2%, so the investment case rests on whether the consumables business stabilises and margins hold while hardware demand normalises after the pandemic craft boom. An 18.9% operating margin and a 25.9% ROE on a 16.3x trailing P/E make it cheap if that stabilisation arrives, but the forward P/E of 0.0 in our data means there are no usable forward earnings estimates, so the valuation depends on a recovery we cannot yet see in the numbers. Worth a deeper look to test whether consumables revenue is growing faster than hardware is shrinking.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 2 flagsAI-assisted·How I use AI
  • high
    Revenue shrinking
    Revenue fell 9.2% year over year and has declined at a 5.9% CAGR over five years. Earnings growth of 69.4% is coming from a shrinking top line, which is hard to sustain.
  • moderate
    Insider selling, no buying
    Insiders disclosed $5.17M in sales across the last 10 filings and no purchases. Short interest is 8.9%.

AI research notes

AI-assisted·How I use AIWritten Oct 13, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Free cash flow of $176M over the last twelve months gives a 13.1% yield at today's share price.
  • Debt is almost nonexistent, with debt to equity at 0.03, so the balance sheet carries little financial risk.
Why it could disappoint
  • Revenue fell 9.2% year over year and has shrunk on average 5.9% a year over five years.
  • The forward P/E of 27.4x is below the sector median of 29.3x, yet the business is shrinking, so the discount may be earned.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 3, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where CRCT's valuation models land
Price
$6.25
Model fair value
$7.10
Model range
$3.56 to $8.40
Fair value $7.10
Price $6.25
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
Graham number
P/E comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bearish0% buy · 3 covering analysts
● Strong buy 0● Buy 0● Hold 0● Sell 1● Strong sell 2
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-3.1%
1 month
+6.1%
3 months
+40.1%
6 months
+40.4%
YTD
+26.3%
1 year
+18.8%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
24 Oct 2026, 16:06 CESTFair value$7.10$9.53$6.25
24 Oct 2026, 16:06 CESTRatingFairly valuedfirst publication$6.25
17 Oct 2026, 00:00 CESTFair value$9.53$9.22$6.70
12 Oct 2026, 00:00 CESTACCE price target$5.20first publication$6.39
12 Oct 2026, 00:00 CESTFair value$9.22$10.31$6.39
9 Oct 2026, 00:00 CESTFair value$10.31$10.07$6.36
1 Oct 2026, 00:00 CESTFair value$10.07$7.66$6.41
24 Sept 2026, 00:00 CESTFair value$7.66$7.50$5.81
20 Sept 2026, 00:00 CESTFair value$7.50$8.28$5.64
17 Sept 2026, 00:00 CESTFair value$8.28$7.59$5.65

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth43Value78Quality89Momentum90Total75
Valuation
Trailing P/E
15.6x
Forward P/E
0.0x
PEG
0.23
P/B
3.35x
EV / Revenue
1.4x
Book value/sh
$1.76
Enterprise value
$958M
Profitability
ROE
25.9%
FCF yield
13.10%
ROIC
17.7%
Health and risk
Debt / equity
0.03
Dividend yield
3.16%
Beta
0.17

Price

+19.7% · 1Y

Ask anything about CRCT

Answered from Cricut Inc. Class A Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 60% of peers
low 0.0x15.6xhigh 73.9x
ROEbetter than 100% of peers
low -2%26%high 26%
Div yieldbetter than 83% of peers
low 0.0%3.2%high 3.5%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
CRCT Cricut Inc. Class A Common Stock$6.25$712% below15.6x25.9%8975
CRSR Corsair Gaming Inc. Common Stock$13.73$142% below44.0x5.9%5159
QUBT Quantum Computing Inc. Common Stock$6.56----1.5%3131
BRAI Braiin Limited Common Stock$3.55---0.0%3418
MUB.DE Mühlbauer Holding AG€43.60€3429% above28.3x13.2%6072
AL2SI.PA 2CRSI S.A.€26.62--73.9x24.1%5448
QMCO Quantum Corporation Common Stock$17.62---0.0%2953

Sector report card

Where CRCT ranks against its sector peers on each metric.

Computing percentiles…
  • GlobeNewswire•Oct 13, 2026
    Cricut to Announce Third Quarter 2026 Financial Results on November 3, 2026
  • GlobeNewswire•Sep 24, 2026
    Cricut® Launches a New Category with the All-New Cricut StickerPix™ Line, Bringing Personalized Sticker Making into Its Creativity Platform
  • GlobeNewswire•Sep 3, 2026
    Cricut® Introduces Cricut Maker® 5, Its Most Versatile Smart Cutting Machine Yet
4 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 7
Form 4Insider transactionPeriod 2026-10-06
View on SEC →
Oct 5
Form 4Insider transactionPeriod 2026-10-01
View on SEC →
Oct 5
Form 4Insider transactionPeriod 2026-09-30
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR