Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
199.77
+22.32 (12.58%)
Jul 30, 2026, 12:06 PM EDT - Market open

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 $279.29. The average 1-year stock price forecast is 39.81% higher than the current stock price, while the lowest is $184 (-7.89%) and the highest is $350 (+75.20%).

Price Target: $279.29 (+39.81%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$184$279.29$290$350
Change-7.89%+39.81%+45.17%+75.20%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy111112131414
Buy444444
Hold111111
Sell000000
Strong Sell000000
Total161617181919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
J.P. Morgan
J.P. Morgan
Buy
Maintains
$250$335
BuyMaintains$250$335+67.69%Jul 22, 2026
Susquehanna
Susquehanna
Buy
Maintains
$235$250
BuyMaintains$235$250+25.14%Jul 21, 2026
Barclays
Barclays
Buy
Maintains
$260$300
BuyMaintains$260$300+50.17%Jul 20, 2026
Bank of America Securities
Bank of America Securities
Buy
Reiterates
$252$340
BuyReiterates$252$340+70.20%Jun 26, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$250$350
BuyMaintains$250$350+75.20%Jun 22, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.46B
from 1.34B
Increased by 83.88%
Revenue Next Year
3.68B
from 2.46B
Increased by 49.80%
EPS This Year
6.13
from 3.46
Increased by 77.06%
EPS Next Year
9.08
from 6.13
Increased by 48.15%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 30, 2022Apr 29, 2023Apr 27, 2024May 3, 2025May 2, 2026Apr 30, 2027
Revenue
106.48M184.19M192.97M436.78M1.34B2.46B
Revenue Growth
81.40%72.99%4.77%126.34%205.68%83.88%
Gross Profit
64.02M106.19M119.43M282.91M908.35M1.65B
Gross Margin
60.12%57.65%61.89%64.77%68.04%67.35%
Operating Income
-18.83M-18.83M-37.06M37.12M445.01M1.24B
Net Income
-22.18M-16.55M-28.37M52.18M472.28M1.01B
EPS
----3.466.13
EPS Growth
----394.29%77.06%
Forward PE
112.6594.4475.4243.0238.6932.61
Free Cash Flow
-42.60M-33.73M17.62M-13.01M250.81M895.08M
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
83.9%
Low
69.7%

EPS Forecast

EPS202720282029
High6.70
Avg6.13
Low5.65

EPS Growth

EPS Growth202720282029
High
93.6%
Avg
77.1%
Low
63.3%