Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · IEX Real-Time Price · USD
10.96
-0.52 (-4.53%)
At close: Jul 6, 2022 4:00 PM
11.50
+0.54 (4.93%)
After-hours:
Jul 6, 2022 7:19 PM EDT
Stock Price Forecast
According to 14 stock analysts, the average 12-month stock price forecast for CRDO stock is $18.55, which predicts an increase of 69.25%. The lowest target is $15.15 and the highest is $22.05. On average, analysts rate CRDO stock as a buy.Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for CRDO stock from 14 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Mar '22 | Apr '22 | May '22 | Jun '22 |
|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 |
| Buy | 9 | 9 | 9 | 9 |
| Hold | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 14 | 14 |
Financial Forecast
Revenue This Year
207.56M
from 106.48M
Increased by
94.94%
from 106.48M
Revenue Next Year
316.53M
from 207.56M
Increased by
52.50%
from 207.56M
EPS This Year
0.16
from -0.25
from -0.25
EPS Next Year
0.51
from 0.16
Increased by
225.67%
from 0.16
| Year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue
|
53.84M | 58.70M | 106.48M | 207.56M | 316.53M | 418.91M | 584.91M | 833.04M |
| Revenue Growth
|
- | 9.03% | 81.40% | 94.94% | 52.50% | 32.34% | 39.63% | 42.42% |
| EPS
|
- | -0.40 | -0.25 | 0.16 | 0.51 | 0.74 | 1.72 | 4.07 |
| EPS Growth
|
- | - | - | - | 225.67% | 46.62% | 131.51% | 136.14% |
| No. Analysts | - | - | - | 10 | 10 | 5 | 1 | 1 |
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 222.7M | 347.5M | 450.7M | 614.2M | 866.4M |
| Avg | 207.6M | 316.5M | 418.9M | 584.9M | 833.0M |
| Low | 196.0M | 296.5M | 368.3M | 567.4M | 808.0M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 106.1%
| 67.4%
| 42.4%
| 46.6%
| 48.1%
|
| Avg | 92.2%
| 52.5%
| 32.3%
| 39.6%
| 42.4%
|
| Low | 81.4%
| 42.8%
| 16.3%
| 35.4%
| 38.1%
|
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 0.19 | 0.56 | 0.82 | 1.81 | 4.23 |
| Avg | 0.16 | 0.51 | 0.74 | 1.72 | 4.07 |
| Low | 0.13 | 0.46 | 0.65 | 1.67 | 3.95 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | - | 258.9%
| 61.3%
| 143.1%
| 145.6%
|
| Avg | - | 225.7%
| 46.6%
| 131.5%
| 136.1%
|
| Low | - | 195.4%
| 27.4%
| 124.6%
| 129.1%
|