CRDO Stock Forecast

Stock Price Forecast

The 13 analysts that cover CRDO stock have a consensus rating of "Strong Buy" and an average price target of $179.62, which forecasts a -3.96% decrease in the stock price over the next year. The lowest target is $85 and the highest is $240.

Price Target: $179.62 (-3.96%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$85	$179.62	$175	$240
Change	-54.55%	-3.96%	-6.43%	+28.33%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	8	8	6	6	6	8
Buy	5	5	5	5	5	5
Hold	0	0	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	12	12	12	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
James Schneider Goldman Sachs	Goldman Sachs	Strong Buy Maintains $150 → $170	Strong Buy	Maintains	$150 → $170	-9.10%	Apr 16, 2026
Mike Genovese Rosenblatt	Rosenblatt	Hold Maintains $125 → $175	Hold	Maintains	$125 → $175	-6.43%	Apr 15, 2026
N. Quinn Bolton Needham	Needham	Strong Buy Reiterates $220	Strong Buy	Reiterates	$220	+17.63%	Apr 15, 2026
Blayne Curtis Jefferies	Jefferies	Strong Buy Initiates $175	Strong Buy	Initiates	$175	-6.43%	Apr 13, 2026
Mike Genovese Rosenblatt	Rosenblatt	Hold Maintains $125	Hold	Maintains	$125	-33.16%	Mar 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.36B

from 436.78M

210.92%

from 436.78M

Revenue Next Year

2.14B

from 1.36B

57.22%

from 1.36B

EPS This Year

3.38

from 0.29

1,064.14%

from 0.29

EPS Next Year

4.84

from 3.38

43.23%

from 3.38

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Apr 30, 2021	Apr 30, 2022	Apr 29, 2023	Apr 27, 2024	May 3, 2025	May 3, 2026	May 3, 2027
Revenue	58.70M	106.48M	184.19M	192.97M	436.78M	1.36B	2.14B
Revenue Growth	9.03%	81.40%	72.99%	4.77%	126.34%	210.92%	57.22%
EPS	-0.40	-0.25	-0.11	-0.18	0.29	3.38	4.84
EPS Growth	-	-	-	-	-	1,064.14%	43.23%
Forward PE	-	-	-	-	-	55.40	38.68
No. Analysts	-	-	-	-	-	21	21

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

Revenue Forecast

Revenue	2026	2027
High	1.4B	2.5B
Avg	1.4B	2.1B
Low	1.3B	1.9B

Revenue Growth

Revenue Growth	2026	2027
High	224.2%	82.8%
Avg	210.9%	57.2%
Low	197.9%	43.3%

EPS Forecast

EPS	2026	2027
High	3.54	5.35
Avg	3.38	4.84
Low	3.20	4.37

EPS Growth

EPS Growth	2026	2027
High	1,120.2%	58.6%
Avg	1,064.1%	43.2%
Low	1,005.0%	29.5%

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.