Cricut Inc

CRCT is in a Stage 2 advancing phase with higher highs and higher lows forming a bullish medium-term structure, reinforced by a primary Momentum Breakout. Price is pulling back into the rising 9-, 21-, and 50-day EMAs, offering a tactical entry for continuation. The long-term downtrend remains intact, providing context for risk, and a decisive close below the 21-day EMA would invalidate the current bullish bias.

• ↑Paid subscribers reached 3.08M, up 7% YoY, boosting recurring revenue.
• ↑Platform revenue rose 6% YoY to $84.8M, signaling growth momentum.
• ↓Total Q1 revenue fell 2% YoY to $159.5M, driven by a 15% drop in accessories.