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Why Cricut Stock Soared 50% Today

Cricut shares rose 50% on Wednesday, reaching prices not seen since fall 2023, after the company posted third-quarter 2026 results that far exceeded expectations. The company reported EPS of $0.13 on $188.6 million in sales, versus a consensus of $0.05 and $164.4 million. Products sales rose 17% and international sales jumped 30%, while the Platform segment grew in single digits with flattish revenue per user. The article notes that Q3 2025 was a soft comparison and that at 19.2 times trailing earnings the stock still looks affordable after the price jump.

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