On October 15, Crocs rose 5.07% in Regular Trading, trading at $123.665, with turnover of $22.9784 million.

The direct catalyst was a Barclays rating upgrade to Overweight from Equalweight, alongside a $139 price target, which helped lift the shares during the session.

Background support came from the company’s stronger recent fundamentals: its prior quarterly results beat expectations, with adjusted EPS of $4.55 and revenue of $1.18 billion, management raised full-year adjusted EPS guidance to $13.70 to $14.00, and the board added a $1.5 billion share repurchase authorization. The stock’s next earnings report is scheduled for October 29, with consensus EPS at $3.3.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)