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CRCT · Analysis updated Nov 5, 2026, 11:50 AM ET
Why is Cricut, Inc. (CRCT) stock moving?
Cricut surged 48.7% on Nov 4 to $8.88, after trading around $6 in the weeks before. Volume was roughly 56,350 in the provided data against about 7,000–11,000 on prior days, which points to heavy buying. The trigger was Q3 results on Nov 3. Revenue rose 11% to $188.6M and beat estimates of about $173M. Net income rose 36% to $27.8M, and gross margin widened to 57.7%. The board also declared a $0.70 special dividend plus the $0.10 regular dividend, about 9% of the price. Management expects full-year revenue growth for the first time since 2021. The balance sheet is solid, with $273M in cash and no debt. The negatives are a Platform segment growing only 4%, flat 90-day engaged users, inventories of $146.9M, and no formal full-year guidance in the release. Analysts' price targets of $3.70–$6.00 sit far below the current price, and the stock is now well above them. Part of the jump may reflect the special dividend, which is a one-time payout, so some give-back is plausible. Pre-market on Nov 5 was flat at $8.89.
News behind the analysis
- Cricut, Inc. Reports Third Quarter 2026 Financial ResultsQ3 revenue rose 11% to $188.6M and net income rose 36% to $27.8M. The board declared a $0.10 recurring dividend and a $0.70 special dividend, both payable in January 2027.
- Cricut Q3 2026 8-K earnings releaseThe SEC filing confirms Products revenue up 17% and a 2% rise in paid subscribers to over 3.07M. Maker 5 and StickerPix launches were highlighted.
- What Cricut (CRCT) Said on Its Q3 Earnings CallManagement expects full-year revenue growth for the first time since 2021 and Q4 profitability. Cricut ended the quarter with $273M in cash and no debt.
- Cricut Inc Reports Q3 2026 Earnings: Revenue Hits $188.6 Million, EPS at $0.13, Both Beating ExpectationsRevenue beat the $173.16M estimate, and operating income rose 50% to $33.9M. Gross margin expanded to 57.7% from 55.2%.
- Which Dividend and Buyback Stocks Moved on November 4, 2026, Led by Cricut Up 38.84%?The stock jumped after the $0.70 special dividend and $0.10 semi-annual dividend. The article notes inventories of $146.9M and no full-year guidance in the release, so the jump could partly unwind.
- Cricut Q3: Operational Leverage Paces 11% Revenue Growth Despite Platform StagnationProducts revenue grew 17% while Platform revenue grew only 4%. International revenue rose 30% and is now 28% of total revenue.
- Cricut Q3 2026 results (Manila Times syndication)Active users grew 2% to nearly 6.0M. Platform ARPU rose 3% to $56.70, and 90-day engaged users were flat at 3.5M.
- Cricut (CRCT) Stock Price, Chart & NewsThe stock closed at $8.88 on Nov 4, up 48.74%, on volume of about 7.6M shares. Analyst consensus is Strong Sell with an average price target of $4.07.