Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
265.65
+6.96 (2.69%)
At close: Jul 9, 2026, 4:00 PM EDT
265.96
+0.31 (0.12%)
Pre-market: Jul 10, 2026, 8:41 AM EDT

CRDO Stock Forecast

Stock Price Forecast

According to 19 analysts polled by S&P Global, CRDO stock has a consensus rating of "Strong Buy" and an average price target of $269.81. The average 1-year stock price forecast is 1.57% higher than the current stock price, while the lowest is $184 (-30.74%) and the highest is $350 (+31.75%).

Price Target: $269.81 (+1.57%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$184$269.81$271.45$350
Change-30.74%+1.57%+2.18%+31.75%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy111111121314
Buy444444
Hold111111
Sell000000
Strong Sell000000
Total161616171819

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$252$340
BuyReiterates$252$340+27.99%Jun 26, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$250$350
BuyMaintains$250$350+31.75%Jun 22, 2026
Evercore ISI
Evercore ISI
Buy
Initiates
$325
BuyInitiates$325+22.34%Jun 22, 2026
Roth MKM
Roth MKM
Buy
Maintains
$300
BuyMaintains$300+12.93%Jun 22, 2026
Mizuho Securities
Mizuho Securities
Buy
Reiterates
$290
BuyReiterates$290+9.17%Jun 10, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.45B
from 1.34B
Increased by 83.57%
Revenue Next Year
3.65B
from 2.45B
Increased by 48.97%
EPS This Year
6.12
from 3.46
Increased by 76.90%
EPS Next Year
8.91
from 6.12
Increased by 45.61%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 30, 2022Apr 29, 2023Apr 27, 2024May 3, 2025May 2, 2026Apr 30, 2027
Revenue
106.48M184.19M192.97M436.78M1.34B2.45B
Revenue Growth
81.40%72.99%4.77%126.34%205.68%83.57%
Gross Profit
64.02M106.19M119.43M282.91M908.35M1.65B
Gross Margin
60.12%57.65%61.89%64.77%68.04%67.26%
Operating Income
-18.83M-18.83M-37.06M37.12M445.01M1.23B
Net Income
-22.18M-16.55M-28.37M52.18M472.28M1.00B
EPS
----3.466.12
EPS Growth
----394.29%76.90%
Forward PE
112.65-75.4243.0238.6943.40
Free Cash Flow
-42.60M-33.73M17.62M-13.01M250.81M885.75M
No. Analysts
-----17
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High2.7B
Avg2.5B
Low2.3B

Revenue Growth

Revenue Growth202720282029
High
99.0%
Avg
83.6%
Low
69.7%

EPS Forecast

EPS202720282029
High6.70
Avg6.12
Low5.65

EPS Growth

EPS Growth202720282029
High
93.6%
Avg
76.9%
Low
63.3%