Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
37.70
-2.43 (-6.06%)
At close: Oct 31, 2024, 4:00 PM
38.65
+0.95 (2.52%)
After-hours: Oct 31, 2024, 5:50 PM EDT
CRDO Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for CRDO stock have an average target of 36.56, with a low estimate of 27 and a high estimate of 45. The average target predicts a decrease of -3.02% from the current stock price of 37.70.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CRDO stock from 9 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 6 | 6 | 7 | 6 |
Buy | 1 | 1 | 1 | 1 | 1 | 2 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 8 | 8 | 8 | 8 | 9 | 9 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Roth MKM | Roth MKM | Strong Buy Maintains $35 → $45 | Strong Buy | Maintains | $35 → $45 | +19.36% | Oct 22, 2024 |
Mizuho | Mizuho | Buy Maintains $35 → $41 | Buy | Maintains | $35 → $41 | +8.75% | Oct 14, 2024 |
Stifel | Stifel | Strong Buy Maintains $40 → $42 | Strong Buy | Maintains | $40 → $42 | +11.41% | Oct 9, 2024 |
Goldman Sachs | Goldman Sachs | Strong Buy Maintains $26 → $31 | Strong Buy | Maintains | $26 → $31 | -17.77% | Sep 6, 2024 |
Craig-Hallum | Craig-Hallum | Strong Buy Maintains $30 → $38 | Strong Buy | Maintains | $30 → $38 | +0.80% | Sep 5, 2024 |
Financial Forecast
Revenue This Year
324.74M
from 192.97M
Increased by 68.29%
Revenue Next Year
495.01M
from 324.74M
Increased by 52.43%
EPS This Year
0.37
from -0.18
EPS Next Year
0.76
from 0.37
Increased by 108.59%
Revenue Forecast
Revenue | 2025 | 2026 | 2027 |
---|---|---|---|
High | 341.2M | 561.4M | 744.5M |
Avg | 324.7M | 495.0M | 643.6M |
Low | 303.0M | 430.0M | 553.8M |
Revenue Growth
Revenue Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | 76.8% | 72.9% | 50.4% |
Avg | 68.3% | 52.4% | 30.0% |
Low | 57.0% | 32.4% | 11.9% |
EPS Forecast
EPS | 2025 | 2026 | 2027 |
---|---|---|---|
High | 0.50 | 1.08 | 1.34 |
Avg | 0.37 | 0.76 | 1.10 |
Low | 0.30 | 0.60 | 0.88 |
EPS Growth
EPS Growth | 2025 | 2026 | 2027 |
---|---|---|---|
High | - | 195.6% | 76.1% |
Avg | - | 108.6% | 44.8% |
Low | - | 63.4% | 15.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.