Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
215.30
+3.44 (1.62%)
Oct 9, 2026, 1:03 PM EDT - Market open

CRDO Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, CRDO stock has a consensus rating of "Strong Buy" and an average price target of $279.09. The average 1-year stock price forecast is 29.63% higher than the current stock price, while the lowest is $185 (-14.07%) and the highest is $315 (+46.31%).

Price Target: $279.09 (+29.63%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$185$279.09$288.5$315
Change-14.07%+29.63%+34.00%+46.31%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy131414141414
Buy444455
Hold111111
Sell000000
Strong Sell000000
Total181919192020

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$350 → $310
BuyMaintains$350 → $310+43.99%Oct 5, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$300
BuyReiterates$300+39.34%Oct 2, 2026
Jefferies
Jefferies
Buy
Maintains
$270
BuyMaintains$270+25.41%Oct 1, 2026
Mizuho Securities
Mizuho Securities
Buy
Reiterates
$290 → $245
BuyReiterates$290 → $245+13.79%Sep 20, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
$285
BuyMaintains$285+32.37%Sep 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
2.50B
from 1.34B
Increased by 87.41%
Revenue Next Year
3.87B
from 2.50B
Increased by 54.80%
EPS This Year
6.31
from 3.46
Increased by 82.26%
EPS Next Year
9.69
from 6.31
Increased by 53.66%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingApr 30, 2022Apr 29, 2023Apr 27, 2024May 3, 2025May 2, 2026Apr 30, 2027
Revenue
106.48M184.19M192.97M436.78M1.34B2.50B
Revenue Growth
81.40%72.99%4.77%126.34%205.68%87.41%
Gross Profit
64.02M106.19M119.43M282.91M908.35M1.69B
Gross Margin
60.12%57.65%61.89%64.77%68.04%67.73%
Operating Income
-18.83M-18.83M-37.06M37.12M445.01M1.28B
Net Income
-22.18M-16.55M-28.37M52.18M472.28M882.26M
EPS
----3.466.31
EPS Growth
----394.29%82.26%
Forward PE
112.6594.4475.4243.0238.6934.14
Free Cash Flow
----407.00M826.88M
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High2.6B
Avg2.5B
Low2.5B

Revenue Growth

Revenue Growth202720282029
High
93.5%
Avg
87.4%
Low
85.0%

EPS Forecast

EPS202720282029
High6.64
Avg6.31
Low5.98

EPS Growth

EPS Growth202720282029
High
91.8%
Avg
82.3%
Low
72.8%