Credo Technology Group Holding Ltd
NASDAQ:CRDO

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Credo Technology Group Holding Ltd
NASDAQ:CRDO
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Price: 68.51 USD 2.19% Market Closed
Market Cap: 11.4B USD
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Wall Street
Price Targets

CRDO Price Targets Summary
Credo Technology Group Holding Ltd

Wall Street analysts forecast CRDO stock price to drop over the next 12 months.

According to Wall Street analysts, the average 1-year price target for CRDO is 41.17 USD with a low forecast of 27.27 USD and a high forecast of 52.5 USD.

Lowest
Price Target
27.27 USD
60% Downside
Average
Price Target
41.17 USD
40% Downside
Highest
Price Target
52.5 USD
23% Downside

CRDO Last Price Targets
Credo Technology Group Holding Ltd

The latest public price target was made on Oct 22, 2024 by Suji Desilva from Summit Redstone Partners , who expects CRDO stock to drop by 34% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
Suji Desilva
Summit Redstone Partners
45 USD
Downside 34%
1 month ago
Oct 22, 2024
Credo Technology price target raised to $45 from $35 at Roth MKM
TheFly
Vijay Rakesh
Mizuho Securities
41 USD
Downside 40%
2 months ago
Oct 14, 2024
Credo Technology price target raised to $41 from $35 at Mizuho
TheFly
Tore Svanberg
Stifel Nicolaus
42 USD
Downside 39%
2 months ago
Oct 9, 2024
Credo Technology price target raised to $42 from $40 at Stifel
TheFly
Quinn Bolton
Needham
33 USD
Downside 52%
3 months ago
Sep 5, 2024
Credo Technology Group Holding Ltd. (CRDO) PT Raised to $33 at Needham
StreetInsider
Tom O'Malley
Barclays
32 USD
Downside 53%
3 months ago
Sep 5, 2024
Credo Technology price target raised to $32 from $30 at Barclays
TheFly
Richard Shannon
Craig-Hallum
38 USD
Downside 45%
3 months ago
Sep 5, 2024
Credo Technology price target raised to $38 from $30 at Craig-Hallum
TheFly
Vijay Rakesh
Mizuho Securities
35 USD
Downside 49%
3 months ago
Sep 3, 2024
Credo Technology price target raised to $35 from $30 at Mizuho
TheFly
Tore Svanberg
Stifel Nicolaus
40 USD
Downside 42%
3 months ago
Sep 3, 2024
Credo Technology price target raised to $40 from $36 at Stifel
TheFly
Tore Svanberg
Stifel Nicolaus
36 USD
Downside 47%
5 months ago
Jul 18, 2024
Credo Technology price target raised to $36 from $30 at Stifel
TheFly
Quinn Bolton
Needham
29 USD
Downside 58%
6 months ago
May 30, 2024
Credo Technology price target raised to $29 from $26 at Needham
TheFly
Tom O'Malley
Barclays
30 USD
Downside 56%
6 months ago
May 30, 2024
Credo Technology price target raised to $30 from $23 at Barclays
TheFly
Richard Shannon
Craig-Hallum
30 USD
Downside 56%
8 months ago
Apr 15, 2024
Credo Technology Group Holding Ltd. (CRDO) PT Raised to $30 at Craig-Hallum
StreetInsider
Vijay Rakesh
Mizuho Securities
18 USD
Downside 74%
1 year ago
Jun 1, 2023
Analyst Ups Credo Technology Price Target, Sees FY24 Upswing Despite Macro Headwinds
Benzinga
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Suji Desilva
Summit Redstone Partners
Price Target 45 USD
Upside/Downside 34%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 41 USD
Upside/Downside 40%
View Source
Tore Svanberg
Stifel Nicolaus
Price Target 42 USD
Upside/Downside 39%
View Source
Quinn Bolton
Needham
Price Target 33 USD
Upside/Downside 52%
View Source
Tom O'Malley
Barclays
Price Target 32 USD
Upside/Downside 53%
View Source
Richard Shannon
Craig-Hallum
Price Target 38 USD
Upside/Downside 45%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 35 USD
Upside/Downside 49%
View Source
Tore Svanberg
Stifel Nicolaus
Price Target 40 USD
Upside/Downside 42%
View Source
Tore Svanberg
Stifel Nicolaus
Price Target 36 USD
Upside/Downside 47%
View Source
Quinn Bolton
Needham
Price Target 29 USD
Upside/Downside 58%
View Source
Tom O'Malley
Barclays
Price Target 30 USD
Upside/Downside 56%
View Source
Richard Shannon
Craig-Hallum
Price Target 30 USD
Upside/Downside 56%
View Source
Vijay Rakesh
Mizuho Securities
Price Target 18 USD
Upside/Downside 74%
View Source
Show More Price Targets
Show Less Price Targets
Credo Technology Group Holding Ltd Competitors:
Price Targets
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56% Upside
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Shanghai Fudan Microelectronics Group Co Ltd
26% Upside
6176
Radiant Opto-Electronics Corp
4% Downside
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28% Upside
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Shanghai Anlogic Infotech Co Ltd
14% Downside

Revenue
Forecast

Revenue Estimate
Credo Technology Group Holding Ltd

For the last 3 years the compound annual growth rate for Credo Technology Group Holding Ltd's revenue is 49%. The projected CAGR for the next 3 years is 59%.

49%
Past Growth
59%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Credo Technology Group Holding Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

Net Income
Forecast

Net Income Estimate
Credo Technology Group Holding Ltd

N/A
Past Growth
N/A
Estimated Growth
Estimates Accuracy
N/A
Average

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is CRDO's stock price target?
Price Target
41.17 USD

According to Wall Street analysts, the average 1-year price target for CRDO is 41.17 USD with a low forecast of 27.27 USD and a high forecast of 52.5 USD.

What is Credo Technology Group Holding Ltd's Revenue forecast?
Projected CAGR
59%

For the last 3 years the compound annual growth rate for Credo Technology Group Holding Ltd's revenue is 49%. The projected CAGR for the next 3 years is 59%.

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