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
Target Low Average Median High
Price $15.15 $18.55 $18.11 $22.05
Change +38.23% +69.25% +65.24% +101.19%

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 '22Apr '22May '22Jun '22
Strong Buy 3444
Buy 9999
Hold 1111
Sell 0000
Strong Sell 0000
Total 13141414

Financial Forecast

Revenue This Year
207.56M
Increased by 94.94%
Revenue Next Year
316.53M
Increased by 52.50%
EPS This Year
0.16
EPS Next Year
0.51
Increased by 225.67%
Year 20192020202120222023202420252026
Revenue
53.84M58.70M106.48M207.56M316.53M418.91M584.91M833.04M
Revenue Growth
-
9.03%
81.40%
94.94%
52.50%
32.34%
39.63%
42.42%
EPS
--0.40-0.250.160.510.741.724.07
EPS Growth
----
225.67%
46.62%
131.51%
136.14%
No. Analysts ---1010511

Revenue Forecast

Revenue 20232024202520262027
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 20232024202520262027
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 20232024202520262027
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 20232024202520262027
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%