CRDO Stock Forecast

Stock Price Forecast

According to 10 professional analysts, the 12-month price target for CRDO stock ranges from a low of $40 to a high of $90. The average analyst price target of $74.1 forecasts a 8.13% increase in the stock price over the next year.

Price Target: $74.10 (+8.13%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$40	$74.1	$82	$90
Change	-41.63%	+8.13%	+19.66%	+31.33%

Analyst Ratings

The average analyst rating for CRDO stock 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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	7	7	7	7	7	7
Buy	2	2	3	3	3	3
Hold	1	1	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	10	10	10	10	10

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tore Svanberg Stifel	Stifel	Strong Buy Maintains $69 → $80	Strong Buy	Maintains	$69 → $80	+16.74%	Jun 3, 2025
Christopher Rolland Susquehanna	Susquehanna	Buy Maintains $60 → $90	Buy	Maintains	$60 → $90	+31.33%	Jun 3, 2025
Thomas O'Malley Barclays	Barclays	Buy Maintains $70 → $85	Buy	Maintains	$70 → $85	+24.03%	Jun 3, 2025
Quinn Bolton Needham	Needham	Strong Buy Maintains $80 → $85	Strong Buy	Maintains	$80 → $85	+24.03%	Jun 3, 2025
Thomas O'Malley Barclays	Barclays	Buy Maintains $90 → $70	Buy	Maintains	$90 → $70	+2.15%	Apr 22, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

691.15M

from 436.78M

58.24%

from 436.78M

Revenue Next Year

874.58M

from 691.15M

26.54%

from 691.15M

EPS This Year

1.17

from 0.29

302.59%

from 0.29

EPS Next Year

1.64

from 1.17

40.25%

from 1.17

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Apr 30, 2021	Apr 30, 2022	Apr 29, 2023	Apr 27, 2024	May 3, 2025	May 3, 2026	May 3, 2027	Apr 30, 2028
Revenue	58.70M	106.48M	184.19M	192.97M	436.78M	691.15M	874.58M	1.07B
Revenue Growth	9.03%	81.40%	72.99%	4.77%	126.34%	58.24%	26.54%	21.89%
EPS	-0.40	-0.25	-0.11	-0.18	0.29	1.17	1.64	1.79
EPS Growth	-	-	-	-	-	302.59%	40.25%	9.01%
Forward PE	-	-	-	-	-	58.70	41.85	38.39
No. Analysts	-	-	-	-	-	15	13	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028
High	743.2M	979.0M	1.1B
Avg	691.2M	874.6M	1.1B
Low	637.0M	779.1M	1.0B

Revenue Growth

Revenue Growth	2026	2027	2028
High	70.2%	41.7%	25.4%
Avg	58.2%	26.5%	21.9%
Low	45.8%	12.7%	17.1%

EPS Forecast

EPS	2026	2027	2028
High	1.35	1.93	1.84
Avg	1.17	1.64	1.79
Low	1.03	1.32	1.72

EPS Growth

EPS Growth	2026	2027	2028
High	364.2%	65.5%	12.2%
Avg	302.6%	40.2%	9.0%
Low	254.8%	13.3%	4.7%

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.