Crocs (CROX) Valuation: Lowered Forecasts and Tariff Worries Spark New Look at Stock’s Price
If you’ve been watching Crocs (CROX) lately, you might be weighing what to do after the latest shakeup. KeyBanc just updated their stance, sticking with their positive rating but lowering their price target. This reflects worries about reduced inventory receipts, global tariff pressures, and consumers tightening their wallets. Crocs themselves have signaled a 9 to 11% revenue drop this quarter, citing the same mix of global trade uncertainty and shifting demand. This serves as a reminder that even in footwear, market sentiment can change quickly.
Looking at the broader picture, the situation is different than it was a quarter or two ago. Crocs shares have lost 40% over the past year, unwinding much of the momentum that powered them in…
