Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
271.83
+22.50 (9.02%)
At close: Jun 18, 2026, 4:00 PM EDT
273.30
+1.47 (0.54%)
After-hours: Jun 18, 2026, 7:59 PM EDT

CRDO Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, CRDO stock has a consensus rating of "Strong Buy" and an average price target of $256.3. The average 1-year stock price forecast is 5.71% lower than the current stock price, while the lowest is $184 (-32.31%) and the highest is $300 (+10.36%).

Price Target: $256.3 (-5.71%)
Analyst Consensus: Strong Buy
TargetLowAverageMedianHigh
Price$184$256.3$260$300
Change-32.31%-5.71%-4.35%+10.36%

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 Buy111111121313
Buy444444
Hold111111
Sell000000
Strong Sell000000
Total161616171818

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Mizuho Securities
Mizuho Securities
Buy
Reiterates
$290
BuyReiterates$290+6.68%Jun 10, 2026
Craig-Hallum
Craig-Hallum
Buy
Reiterates
$200$300
BuyReiterates$200$300+10.36%Jun 2, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
$230$250
BuyMaintains$230$250-8.03%Jun 2, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$170$250
BuyMaintains$170$250-8.03%Jun 2, 2026
Susquehanna
Susquehanna
Buy
Reiterates
$200$235
BuyReiterates$200$235-13.55%Jun 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.44B
from 1.34B
Increased by 82.38%
Revenue Next Year
3.58B
from 2.44B
Increased by 46.89%
EPS This Year
6.07
from 3.46
Increased by 75.44%
EPS Next Year
8.69
from 6.07
Increased by 43.17%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 30, 2022Apr 29, 2023Apr 27, 2024May 3, 2025May 2, 2026Apr 30, 2027
Revenue
106.48M184.19M192.97M436.78M1.34B2.44B
Revenue Growth
81.40%72.99%4.77%126.34%205.68%82.38%
Gross Profit
64.02M106.19M119.43M282.91M908.35M1.64B
Gross Margin
60.12%57.65%61.89%64.77%68.04%67.35%
Operating Income
-18.83M-18.83M-36.29M38.00M445.01M1.22B
Net Income
-22.18M-16.55M-28.37M52.18M472.28M986.87M
EPS
----3.466.07
EPS Growth
----394.29%75.44%
Forward PE
112.65-75.4243.0238.6944.78
Free Cash Flow
-42.60M-33.73M18.09M-12.46M-874.10M
No. Analysts
-----16
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High2.6B
Avg2.4B
Low2.3B

Revenue Growth

Revenue Growth202720282029
High
93.5%
Avg
82.4%
Low
69.7%

EPS Forecast

EPS202720282029
High6.27
Avg6.07
Low5.65

EPS Growth

EPS Growth202720282029
High
81.3%
Avg
75.4%
Low
63.3%