​

Credo Technology Group (CRDO) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CRDO Stock Forecast

Credo Technology Group (CRDO) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $80.00, with a high of $85.00 and a low of $70.00. This represents a 85.14% increase from the last price of $43.21.

$15 $29 $43 $57 $71 $85 High: $85 Avg: $80 Low: $70 Last Closed Price: $43.21

CRDO Stock Rating

Credo Technology Group stock's rating consensus is Buy, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (91.67%), 1 Hold (8.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 12 0 1 11 Strong Sell Sell Hold Buy Strong Buy

CRDO Price Target Upside V Benchmarks

TypeNameUpside
StockCredo Technology Group85.14%
SectorTechnology Stocks 27.22%

Price Target Trends

1M3M12M
# Anlaysts1117
Avg Price Target$70.00$70.00$50.00
Last Closing Price$43.21$43.21$43.21
Upside/Downside62.00%62.00%15.71%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2548---12
Mar, 25471--12
Feb, 25571--13
Jan, 25571--13
Dec, 24571-114
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 22, 2025Tom O'MalleyBarclays$70.00$37.0289.09%62.00%
Jan 10, 2025Vijay RakeshMizuho Securities$85.00$73.8015.18%96.71%
Jan 08, 2025Tore SvanbergStifel Nicolaus$85.00$73.0216.41%96.71%
Jan 06, 2025Tore SvanbergStifel Nicolaus$80.00$76.175.03%85.14%
Dec 17, 2024Christopher RollandSusquehanna$80.00$66.2620.74%85.14%
Dec 02, 2024Vijay RakeshMizuho Securities$49.00$47.882.34%13.40%
Oct 22, 2024Suji DesilvaSummit Redstone Partners$45.00$38.7916.01%4.14%
Oct 14, 2024Vijay RakeshMizuho Securities$41.00$38.267.16%-5.11%
Oct 09, 2024Tore SvanbergStifel Nicolaus$42.00$33.7124.59%-2.80%
Sep 05, 2024Richard ShannonCraig-Hallum$38.00$31.3021.41%-12.06%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Apr 22, 2025BarclaysOverweightOverweighthold
Mar 05, 2025SusquehannaNeutralNeutralhold
Dec 17, 2024SusquehannaNeutralinitialise
Dec 03, 2024Bank of America SecuritiesUnderperformBuyupgrade
Sep 16, 2024Cowen & Co.BuyBuyhold
Sep 05, 2024Craig-HallumBuyBuyhold
Sep 05, 2024NeedhamBuyBuyhold
Sep 05, 2024BarclaysOverweightOverweighthold
Jul 15, 2024Cowen & Co.BuyBuyhold
Jun 25, 2024Cowen & Co.OutperformBuyupgrade

Financial Forecast

EPS Forecast

Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27 Apr 28
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27Apr 28
Reported$-0.25$-0.11$-0.18----
Avg Forecast$-0.12$0.06$0.07$0.49$1.01$1.44$2.27
High Forecast$-0.11$0.06$0.08$0.51$1.08$1.86$2.56
Low Forecast$-0.13$0.05$0.06$0.47$0.94$1.08$2.18
Surprise %108.33%-283.33%-357.14%----

Revenue Forecast

$0 $300M $600M $900M $1B $2B Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27 Apr 28
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27Apr 28
Reported$106.48M$184.19M$192.97M----
Avg Forecast$105.34M$183.40M$194.17M$398.04M$639.19M$815.77M$1.09B
High Forecast$109.48M$201.49M$213.33M$400.87M$646.76M$828.35M$1.20B
Low Forecast$100.80M$178.01M$188.47M$395.21M$631.61M$803.18M$1.06B
Surprise %1.08%0.43%-0.62%----

Net Income Forecast

$-50M $40M $130M $220M $310M $400M Apr 22 Apr 23 Apr 24 Apr 25 Apr 26 Apr 27 Apr 28
Apr 22Apr 23Apr 24Apr 25Apr 26Apr 27Apr 28
Reported$-22.18M$-16.55M$-28.37M----
Avg Forecast$-18.61M$9.00M$11.03M$76.11M$157.27M$176.29M$351.28M
High Forecast$-17.57M$9.72M$12.60M$79.16M$168.08M$289.20M$396.33M
Low Forecast$-19.56M$8.29M$9.45M$73.07M$146.45M$167.33M$337.87M
Surprise %19.16%-283.77%-357.31%----

CRDO Forecast FAQ

Is Credo Technology Group stock a buy?

Credo Technology Group stock has a consensus rating of Buy, based on 12 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Credo Technology Group is a favorable investment for most analysts.

What is Credo Technology Group's price target?

Credo Technology Group's price target, set by 12 Wall Street analysts, averages $80 over the next 12 months. The price target range spans from $70 at the low end to $85 at the high end, suggesting a potential 85.14% change from the previous closing price of $43.21.

How does Credo Technology Group stock forecast compare to its benchmarks?

Credo Technology Group's stock forecast shows a 85.14% upside, outperforming the average forecast for the technology stocks sector (27.22%).

What is the breakdown of analyst ratings for Credo Technology Group over the past three months?

  • April 2025: 33.33% Strong Buy, 66.67% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 33.33% Strong Buy, 58.33% Buy, 8.33% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 38.46% Strong Buy, 53.85% Buy, 7.69% Hold, 0% Sell, 0% Strong Sell.

What is Credo Technology Group’s EPS forecast?

Credo Technology Group's average annual EPS forecast for its fiscal year ending in April 2025 is $0.49, marking a -372.22% decrease from the reported $-0.18 in 2024. Estimates for the following years are $1.01 in 2026, $1.44 in 2027, and $2.27 in 2028.

What is Credo Technology Group’s revenue forecast?

Credo Technology Group's average annual revenue forecast for its fiscal year ending in April 2025 is $398.04M, reflecting a 106.27% increase from the reported $192.97M in 2024. The forecast for 2026 is $639.19M, followed by $815.77M for 2027, and $1.09B for 2028.

What is Credo Technology Group’s net income forecast?

Credo Technology Group's net income forecast for the fiscal year ending in April 2025 stands at $76.11M, representing a -368.29% decrease from the reported $-28.369M in 2024. Projections indicate $157.27M in 2026, $176.29M in 2027, and $351.28M in 2028.