Credo Technology Group Holding Ltd (CRDO)
NASDAQ: CRDO · Real-Time Price · USD
55.23
+4.43 (8.72%)
At close: May 12, 2025, 4:00 PM
55.06
-0.17 (-0.31%)
After-hours: May 12, 2025, 6:35 PM EDT
CRDO Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for CRDO stock have an average target of 68, with a low estimate of 40 and a high estimate of 84. The average target predicts an increase of 23.12% from the current stock price of 55.23.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CRDO stock from 10 stock analysts 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
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy Maintains $90 → $70 | Buy | Maintains | $90 → $70 | +26.74% | Apr 22, 2025 |
| Stifel | Stifel | Strong Buy Maintains $85 → $69 | Strong Buy | Maintains | $85 → $69 | +24.93% | Apr 17, 2025 |
| Mizuho | Mizuho | Buy Maintains $90 → $82 | Buy | Maintains | $90 → $82 | +48.47% | Apr 3, 2025 |
| Susquehanna | Susquehanna | Hold → Buy Upgrades $60 | Hold → Buy | Upgrades | $60 | +8.64% | Mar 10, 2025 |
| B of A Securities | B of A Securities | Strong Buy Maintains $83 → $75 | Strong Buy | Maintains | $83 → $75 | +35.80% | Mar 5, 2025 |
Financial Forecast
Revenue This Year
435.17M
from 192.97M
Increased by 125.51%
Revenue Next Year
689.97M
from 435.17M
Increased by 58.55%
EPS This Year
0.65
from -0.18
EPS Next Year
1.16
from 0.65
Increased by 79.98%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 449.1M | 741.0M | 979.0M | |
| Avg | 435.2M | 690.0M | 872.7M | |
| Low | 415.0M | 637.0M | 779.1M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| High | 132.7% | 70.3% | 41.9% | |
| Avg | 125.5% | 58.6% | 26.5% | |
| Low | 115.1% | 46.4% | 12.9% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.68 | 1.35 | 1.93 |
| Avg | 0.65 | 1.16 | 1.63 |
| Low | 0.61 | 1.03 | 1.32 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 108.0% | 65.9% |
| Avg | - | 80.0% | 40.1% |
| Low | - | 59.0% | 13.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.