Stifel analyst Peter McGoldrick reiterated a Hold rating and $99.00 price target on Crocs (NASDAQ: CROX).

The analyst commented, "Stifel hosted Erinn Murphy, SVP Investor Relations & Corporate Strategy to discuss key themes, Crocs and HEYDUDE brand drivers, and the outlook for 2026 (see our 4Q25 recap here). Trading at a 6.3x P/E multiple on CY27E (vs. the lifestyle footwear median of 12.3x) the stock screens as cheap, and we are incrementally more interested in risk/reward and visibility to sequential improvements in both brands through 2026. We appreciate the strong profitability and cash flow generation, but for now remain Hold rated as we look for greater evidence of North America revenue growth capacity to substantiate a more industry-appropriate multiple."

For an analyst ratings summary and ratings history on Crocs click here. For more ratings news on Crocs click here.

Shares of Crocs closed at $86.00 yesterday.