Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
37.14
-5.90 (-13.71%)
At close: Apr 3, 2025, 4:00 PM
37.01
-0.13 (-0.36%)
After-hours: Apr 3, 2025, 5:17 PM EDT

CRDO Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for CRDO stock have an average target of 71.1, with a low estimate of 40 and a high estimate of 90. The average target predicts an increase of 91.44% from the current stock price of 37.14.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $40 $71.1 $80 $90
Change +7.70% +91.44% +115.40% +142.33%

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 Nov '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 677777
Buy 222233
Hold 011100
Sell 100000
Strong Sell 000000
Total 91010101010

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Buy
Maintains
$90$82
Buy Maintains $90$82 +120.79% Apr 3, 2025
Susquehanna
Susquehanna
Buy
Upgrades
$60
Buy Upgrades $60 +61.55% Mar 10, 2025
B of A Securities
B of A Securities
Strong Buy
Maintains
$83$75
Strong Buy Maintains $83$75 +101.94% Mar 5, 2025
Susquehanna
Susquehanna
Hold
Maintains
$80$60
Hold Maintains $80$60 +61.55% Mar 5, 2025
Needham
Needham
Strong Buy
Reiterates
$80
Strong Buy Reiterates $80 +115.40% Mar 5, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
435.14M
from 192.97M
Increased by 125.50%
Revenue Next Year
688.63M
from 435.14M
Increased by 58.25%
EPS This Year
0.65
from -0.18
EPS Next Year
1.16
from 0.65
Increased by 79.98%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Apr 30, 2020 Apr 30, 2021 Apr 30, 2022 Apr 29, 2023 Apr 27, 2024 Apr 27, 2025 Apr 27, 2026 Apr 27, 2027
Revenue
53.84M58.70M106.48M184.19M192.97M435.14M688.63M869.47M
Revenue Growth
-9.03%81.40%72.99%4.77%125.50%58.25%26.26%
EPS
--0.40-0.25-0.11-0.180.651.161.63
EPS Growth
------79.98%40.12%
Forward PE
-----57.3931.8822.75
No. Analysts -----141412
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2025202620272028
High 449.1M 741.0M 979.0M
Avg 435.1M 688.6M 869.5M
Low 415.0M 637.0M 779.1M

Revenue Growth

Revenue Growth 2025202620272028
High
132.7%
70.3%
42.2%
Avg
125.5%
58.3%
26.3%
Low
115.1%
46.4%
13.1%

EPS Forecast

EPS 202520262027
High 0.68 1.35 1.93
Avg 0.65 1.16 1.63
Low 0.61 1.03 1.32

EPS Growth

EPS Growth 202520262027
High -
108.0%
65.9%
Avg -
80.0%
40.1%
Low -
59.0%
13.6%
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.