Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
CRCT logo CRCT
Upturn stock ratingUpturn stock rating
CRCT logo

Cricut Inc (CRCT)

Upturn stock ratingUpturn stock rating
$6.55
Last Close (24-hour delay)
Profit since last BUY12.16%
upturn advisory
Consider higher Upturn Star rating
BUY since 9 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

09/15/2025: CRCT (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

4 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $4.25

1 Year Target Price $4.25

Analysts Price Target For last 52 week
$4.25 Target price
52w Low $3.48
Current$6.55
52w High $6.66

Analysis of Past Performance

Type Stock
Historic Profit -11.57%
Avg. Invested days 21
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.40B USD
Price to earnings Ratio 19.44
1Y Target Price 4.25
Price to earnings Ratio 19.44
1Y Target Price 4.25
Volume (30-day avg) 4
Beta 0.08
52 Weeks Range 3.48 - 6.67
Updated Date 09/15/2025
52 Weeks Range 3.48 - 6.67
Updated Date 09/15/2025
Dividends yield (FY) 3.09%
Basic EPS (TTM) 0.34

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 10.09%
Operating Margin (TTM) 17.49%

Management Effectiveness

Return on Assets (TTM) 7.29%
Return on Equity (TTM) 18.96%

Valuation

Trailing PE 19.44
Forward PE -
Enterprise Value 1040854910
Price to Sales(TTM) 1.97
Enterprise Value 1040854910
Price to Sales(TTM) 1.97
Enterprise Value to Revenue 1.46
Enterprise Value to EBITDA 8.42
Shares Outstanding 53976500
Shares Floating 47042186
Shares Outstanding 53976500
Shares Floating 47042186
Percent Insiders 9.25
Percent Institutions 43.23

ai summary icon Upturn AI SWOT

Cricut Inc

stock logo

Company Overview

overview logo History and Background

Cricut Inc. was founded in 1969 as Providian Corporation, initially focused on developing technology for business applications. It later evolved into a company specializing in electronic cutting machines and design software for crafters and DIY enthusiasts. A significant milestone was the introduction of the first Cricut cutting machine in 2006, revolutionizing the crafting industry.

business area logo Core Business Areas

  • Machines: Cricut's primary business segment revolves around designing, manufacturing, and selling electronic cutting machines. These machines cut various materials like paper, vinyl, fabric, and more, enabling users to create custom designs for crafts, home decor, and other projects.
  • Accessories and Materials: Complementing its machine offerings, Cricut provides a wide range of accessories and materials, including blades, mats, pens, vinyl, iron-on, and other crafting supplies. These products support the usage and expand the creative possibilities of Cricut machines.
  • Subscription Services: Cricut offers subscription-based services, primarily Cricut Access, which provides users with access to a vast library of designs, fonts, and project ideas. This subscription model generates recurring revenue and enhances user engagement with the Cricut ecosystem.

leadership logo Leadership and Structure

The leadership team typically includes a CEO, CFO, CTO, and other executive positions responsible for overseeing various aspects of the company's operations. The organizational structure is generally hierarchical, with different departments responsible for product development, marketing, sales, and customer support.

Top Products and Market Share

overview logo Key Offerings

  • Cricut Maker 3: Cricut Maker 3 is a versatile cutting machine that can handle a wide range of materials, including fabric, leather, and paper. It is designed for both hobbyists and professionals. Competitors include Silhouette America, Sizzix, and Brother ScanNCut. Market share data is unavailable.
  • Cricut Explore 3: Cricut Explore 3 is a user-friendly cutting machine suitable for a variety of crafting projects. It offers faster cutting speeds and compatibility with Smart Materials. Competitors include Silhouette America, Sizzix, and Brother ScanNCut. Market share data is unavailable.
  • Cricut Joy: Cricut Joy is a compact and portable cutting machine ideal for quick and easy projects. Its small size and ease of use make it popular among beginners. Competitors include Silhouette America, Sizzix, and Brother ScanNCut. Market share data is unavailable.

Market Dynamics

industry overview logo Industry Overview

The crafting and DIY industry is experiencing steady growth, driven by increasing consumer interest in personalization, customization, and handmade goods. The market is competitive, with several players offering cutting machines, software, and crafting supplies.

Positioning

Cricut Inc. is positioned as a leading player in the electronic cutting machine market, known for its innovative products, user-friendly software, and strong brand reputation. Its competitive advantages include a large user base, a comprehensive ecosystem of products and services, and a focus on design and innovation.

Total Addressable Market (TAM)

Estimates of the total addressable market vary, but it is generally believed to be in the billions of dollars. Cricut is well-positioned to capture a significant portion of this market, though specific TAM numbers are not public. The TAM is tied to the broader DIY, craft, and personalization markets.

Upturn SWOT Analysis

Strengths

  • Strong brand recognition
  • Large and engaged user base
  • Innovative product portfolio
  • Comprehensive ecosystem of products and services
  • User-friendly software and design tools

Weaknesses

  • High product prices compared to competitors
  • Reliance on subscription revenue model
  • Dependence on third-party suppliers
  • Potential for intellectual property infringement
  • Supply chain vulnerabilities

Opportunities

  • Expansion into new markets and geographies
  • Development of new products and services
  • Strategic partnerships and acquisitions
  • Increased focus on digital content and education
  • Leveraging data and analytics to personalize user experience

Threats

  • Intense competition from established players
  • Technological advancements and disruptions
  • Changes in consumer preferences and trends
  • Economic downturns and recessions
  • Supply chain disruptions and material shortages

Competitors and Market Share

competitor logo Key Competitors

  • Silhouette America (Private)
  • Brother Industries (BRTHY)
  • Sizzix (Private)

Competitive Landscape

Cricut Inc. faces competition from established players in the crafting and DIY industry. Its advantages include a strong brand reputation, a large user base, and a comprehensive ecosystem of products and services. Disadvantages include higher prices compared to competitors and reliance on a subscription revenue model.

Growth Trajectory and Initiatives

Historical Growth: Historical growth patterns for Cricut have involved expansions into new consumer demographics. The company's growth is tied to innovative machines and a strong online presence and community.

Future Projections: Analyst estimates for future growth are dependent on the company's ability to sustain innovation, expand its market reach, and manage its supply chain effectively. Specific projections vary.

Recent Initiatives: Recent initiatives include the launch of new cutting machines, expansion of the Cricut Access subscription service, and partnerships with retailers and influencers.

Summary

Cricut is a strong player in the crafting machine industry with a loyal user base and innovative products. Its reliance on a subscription model and higher prices pose potential challenges. Expansion into new markets and strategic partnerships offer growth opportunities, but competition and economic downturns remain threats.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings
  • Industry Reports
  • Market Research Reports
  • Analyst Estimates

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market data and analyst estimates are subject to change. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Cricut Inc

Exchange NASDAQ
Headquaters South Jordan, UT, United States
IPO Launch date 2021-03-25
CEO, President & Director Mr. Ashish Arora
Sector Technology
Industry Computer Hardware
Full time employees 640
Full time employees 640

Cricut, Inc. engages in the design, marketing, and distribution of a creativity platform that enables users to turn ideas into professional-looking handmade goods in the United States, Canada, the United Kingdom, Ireland, Australia, New Zealand, Western Europe, the Middle East, Latin America, South Africa, and Asia. It operates through Platform and Products segments. The company offers connected machines, accessories, and materials for users to create personalized birthday cards, mugs, T-shirts, and large-scale interior decorations. Its connected machines, which are used to cut, write, score, and create decorative effects on paper, adhesive vinyl, iron-on vinyl, wood, and leather, comprise Cricut Joy family, Cricut Explore family, Cricut Maker family, and Cricut Venture. The company also provides Cricut Design Space, a cloud-based software that integrates with connected machines to enable users to create and work on projects across desktop and mobile devices; Cricut Access and Cricut Access Premium subscription offerings; and in-app purchases of images, fonts, and projects. In addition, it offers a range of accessories and materials, such as Cricut EasyPress, Cricut Mug Press, hand tools, machine replacement tools and blades, and project materials, such as vinyl and iron-on. Further, the company provides craft, DIY, home décor products, and extensions. It offers its products through its third-party brick-and-mortar and online retail partners; and its website cricut.com, as well as through a network of distributors. The company was formerly known as Provo Craft & Novelty, Inc. and changed its name to Cricut, Inc. in March 2018. Cricut, Inc. was incorporated in 1969 and is headquartered in South Jordan, Utah.