Piper Sandler Maintains Neutral on Crocs, Inc. (CROX) Feb 12, 2026

Piper Sandler maintained a Neutral rating on Crocs, Inc. (CROX) on Feb 12, 2026 and raised its price target to $95. This CROX analyst rating note signals steady confidence after Crocs posted strong buybacks and beat Q4 estimates. Investors should see the move as a cautious positive because the firm kept its rating steady while nudging valuation higher. The update follows recent guidance that outlines flat to 2% Crocs Brand revenue growth in 2026 and a new $100 million cost saving plan.