CRA International, Inc. (CRAI)
NASDAQIndustrialsConsulting ServicesSnapshot 2026-11-04
$202.94+4.21%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsConsulting ServicesSnapshot 2026-11-04
QuarterlyIQ Insights · CRAI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 39.6% |
| Our one-year growth estimate | diamond | 6.0% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 33.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 6 industry peers · Company calendar date is not available
CRAI — dividend update
Dated 2026-11-05
Regulation FD Disclosure. On November 5, 2026, we announced that our Board of Directors declared a quarterly cash dividend on our common stock of $0.67 per share to be paid on December 11, 2026 to all shareholders of record as of November 24, 2026. A copy of the press release is set forth as Exhibit 99.3 and is incorporated by reference herein. The information contained in
Why it matters: CRA raised its revenue range to $805 million–$820 million after a strong first half. Results below the new range would weaken that progress.
Supportive ifFiscal 2026 revenue, measured at constant currency, is at least $805 million.
Worry ifFiscal 2026 revenue, at constant currency, is below $805 million. Or CRA cuts its revenue guidance before year-end.
Why it matters: Q2 revenue rose 12.8% to a record. Another year-over-year gain would support the raised full-year revenue outlook.
Supportive ifIn the November 5, 2026 results, Q3 revenue is above $210.8 million and grows year over year.
Worry ifQ3 revenue is $210.8 million or less, or falls year over year.
Why it matters: Eight practices grew in Q2, and six had double-digit growth. Continued gains across several practices would show that growth is broad, not tied to one area.
Supportive ifThe next results show year-over-year revenue growth in at least eight practices, with at least six growing 10% or more.
Worry ifFewer than eight practices grow year over year, or fewer than six post double-digit growth.
Why it matters: CRA paid a $0.57 quarterly dividend in Q1 and Q2. A cut or missed payment would break that recent pattern of returning cash.
Worry ifCRA declares and pays a quarterly dividend of at least $0.57 per share at its next dividend date.
Less concerning ifCRA cuts the dividend to below $0.57 per share, delays payment, or says there will be no next quarterly dividend.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$121 on $10,000 · ±1.2% | How much price usually moves either way. |
| Bad day | $425 loss on $10,000 · 4.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,812 loss on $10,000 · 38.1% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Utilization was 77% in both recent quarters as headcount grew. A drop could signal that demand is not keeping pace with staff growth.
Worry ifQ3 utilization is below 77%, while headcount is higher than a year ago.
Less concerning ifQ3 utilization is at least 77%, with headcount growth and year-over-year revenue growth.
Why it matters: First-half margin was 12.2%, while CRA kept its full-year range at 12.0%–13.0%. A result below 12% would miss the range floor.
Worry ifFiscal 2026 non-GAAP EBITDA margin is below 12.0%, or CRA lowers the margin range.
Less concerning ifFiscal 2026 non-GAAP EBITDA margin is at least 12.0% and CRA keeps the 12.0%–13.0% range.