Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
236.92
+10.43 (4.61%)
Aug 27, 2026, 3:21 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 $283.23. The average 1-year stock price forecast is 19.55% higher than the current stock price, while the lowest is $184 (-22.34%) and the highest is $350 (+47.73%).

Price Target: $283.23 (+19.55%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$184$283.23$291$350
Change-22.34%+19.55%+22.83%+47.73%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy111213141414
Buy444444
Hold111111
Sell000000
Strong Sell000000
Total161718191919

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Reiterates
$350
BuyReiterates$350+47.73%Aug 24, 2026
Rosenblatt Securities
Rosenblatt Securities
Hold
Maintains
$215
HoldMaintains$215-9.25%Aug 24, 2026
Mizuho Securities
Mizuho Securities
Buy
Reiterates
n/a
BuyReiteratesn/an/aAug 24, 2026
TD Cowen
TD Cowen
Buy
Maintains
$260$300
BuyMaintains$260$300+26.63%Aug 18, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$250$285
BuyMaintains$250$285+20.29%Aug 18, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.46B
from 1.34B
Increased by 84.33%
Revenue Next Year
3.69B
from 2.46B
Increased by 49.96%
EPS This Year
6.15
from 3.46
Increased by 77.78%
EPS Next Year
9.12
from 6.15
Increased by 48.27%
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%84.33%
Gross Profit
64.02M106.19M119.43M282.91M908.35M1.66B
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
----3.466.15
EPS Growth
----394.29%77.78%
Forward PE
112.6594.4475.4243.0238.6938.52
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
84.3%
Low
69.7%

EPS Forecast

EPS202720282029
High6.70
Avg6.15
Low5.65

EPS Growth

EPS Growth202720282029
High
93.6%
Avg
77.8%
Low
63.3%