15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 15 firms covering Credo Technology Group Holding Ltd, 14 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets span $206.00 to $350.00, a moderate spread. The average target of $279.31 sits 45% above the current $192.06. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 12 to 14 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.25 next quarter toward $9.08 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS15 ratings
Strong Buy
Strong Buy00%
Buy1493%
Hold17%
Sell00%
Strong Sell00%
Based on 15 analysts giving stock ratings to Credo Technology Group Holding Ltd.
As of Jul, 14 of 15 firms rate CRDO a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
CRDO EPS & revenue forecast
EPS · NEXT QUARTER
$1.25
Range $1.10 – $1.47 · 16 analysts · +87% YoY
Next period, 16 analysts expect Credo Technology Group Holding Ltd to earn $1.25 a share (range $1.10 – $1.47), versus $0.67 a year earlier. Full-year consensus is $6.13, growing to $9.08 the year after.
REVENUE · NEXT QUARTER
$513.6M
Range $493.5M – $592.2M · 16 analysts · +92% YoY
Revenue is expected to reach $513.6M (range $493.5M – $592.2M), +91.6% year-over-year. Full-year consensus is $2.5B, rising to $3.7B next year.
Top analysts covering Credo Technology Group Holding Ltd
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CRDO.
#1
Tore Svanberg
Stifel · Rank #21
Buy
$350.00+82.2% to target
Overall win rate
53%
+ Follow
#2
N. Quinn Bolton
Needham · Rank #118
Buy
$275.00+43.2% to target
Overall win rate
37%
+ Follow
#3
Mike Genovese
Rosenblatt · Rank #120
Hold
$215.00+11.9% to target
Overall win rate
39%
+ Follow
#4
Suji Desilva
Roth Capital · Rank #134
Buy
$300.00+56.2% to target
Overall win rate
31%
+ Follow
#5
Richard Shannon
Craig-Hallum · Rank #149
Buy
$300.00+56.2% to target
Overall win rate
38%
+ Follow
CRDO stock forecast FAQ
What is CRDO's average 12-month price target?+
The 12 analysts with a live target average $279.31 for Credo Technology Group Holding Ltd over the next 12 months, ranging from a $350.00 high to a $206.00 low.
Is CRDO stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 15 analyst ratings, 14 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for CRDO?+
The Street-high target is $350.00 (Stifel), and the Street-low is $206.00. The average of all 12 active targets is $279.31.
How many Wall Street analysts cover CRDO?+
15 analysts have an active rating on Credo Technology Group Holding Ltd, and 12 firms carry a live 12-month price target.
Who is the most accurate analyst covering CRDO?+
Among analysts who currently cover CRDO, Tore Svanberg of Stifel has the strongest overall Quantellect track record (Rank #21). Their current call is Buy with a $350.00 target.
What is Credo Technology Group Holding Ltd's projected EPS for next quarter?+
The consensus estimate is $1.25 per share (range $1.10 – $1.47) across 16 analysts. Full-year EPS is projected at $6.13, rising to $9.08 the following year.
How much revenue is Credo Technology Group Holding Ltd expected to report next quarter?+
Consensus revenue is $513.6M (range $493.5M – $592.2M). Full-year revenue is projected at $2.5B, growing to $3.7B next year.
Have analysts been upgrading or downgrading CRDO lately?+
As of Jul, 14 of 15 firms rate CRDO a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CRDO calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
