Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
85.50
+3.98 (4.88%)
At close: Jan 22, 2025, 4:00 PM
85.06
-0.44 (-0.51%)
After-hours: Jan 22, 2025, 7:48 PM EST
CRDO Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for CRDO stock have an average target of 72.9, with a low estimate of 40 and a high estimate of 90. The average target predicts a decrease of -14.74% from the current stock price of 85.50.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CRDO stock from 10 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 6 | 6 | 7 | 7 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $80 → $90 | Buy | Maintains | $80 → $90 | +5.26% | Jan 17, 2025 |
| Mizuho | Mizuho | Buy Maintains $70 → $85 | Buy | Maintains | $70 → $85 | -0.58% | Jan 10, 2025 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $65 → $84 | Strong Buy | Maintains | $65 → $84 | -1.75% | Jan 10, 2025 |
| Stifel | Stifel | Strong Buy Maintains $75 → $80 | Strong Buy | Maintains | $75 → $80 | -6.43% | Jan 6, 2025 |
| Susquehanna | Susquehanna | Hold Initiates $80 | Hold | Initiates | $80 | -6.43% | Dec 17, 2024 |
Financial Forecast
Revenue This Year
397.28M
from 192.97M
Increased by 105.88%
Revenue Next Year
618.95M
from 397.28M
Increased by 55.80%
EPS This Year
0.52
from -0.18
EPS Next Year
1.04
from 0.52
Increased by 97.62%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 412.4M | 724.9M | 843.6M | |
| Avg | 397.3M | 619.0M | 771.8M | |
| Low | 376.5M | 563.5M | 661.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 113.7% | 82.5% | 36.3% | |
| Avg | 105.9% | 55.8% | 24.7% | |
| Low | 95.1% | 41.8% | 6.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 0.57 | 1.22 | 1.54 | |
| Avg | 0.52 | 1.04 | 1.37 | |
| Low | 0.47 | 0.86 | 1.23 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | - | 133.3% | 49.1% | |
| Avg | - | 97.6% | 32.6% | |
| Low | - | 64.6% | 18.3% |
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.