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CRDO Stock Forecast: Credo Technology Group Holding Ltd. Price Predictions for 2027

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$258.69

+12.29 (4.99%)

CRDO Stock Forecast 2026-2027

$258.69
Current Price
$48.24B
Market Cap
19 Ratings
Buy 18
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to CRDO Price Targets

+35.3%
To High Target of $350.00
+4.9%
To Median Target of $271.45
-28.9%
To Low Target of $184.00

CRDO Price Momentum

+6.9%
1 Week Change
+10.4%
1 Month Change
+165.1%
1 Year Change
+79.8%
Year-to-Date Change
-16.2%
From 52W High of $308.67
+199.1%
From 52W Low of $86.49
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Latest CRDO Stock Price Targets & Analyst Predictions

Based on our analysis of 4 Wall Street analysts, CRDO has a bullish consensus with a median price target of $271.45 (ranging from $184.00 to $350.00). The overall analyst rating is Strong Buy (9.4/10). Currently trading at $258.69, the median forecast implies a 4.9% upside. This outlook is supported by 18 Buy, 1 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Tore Svanberg at Stifel, projecting a 35.3% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CRDO Analyst Ratings

18
Buy
1
Hold
0
Sell

CRDO Price Target Range

Low
$184.00
Average
$271.45
High
$350.00
Current: $258.69

Latest CRDO Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CRDO.

Date Firm Analyst Rating Change Price Target
Jun 23, 2026 B of A Securities Vivek Arya Buy Maintains $340.00
Jun 22, 2026 Stifel Tore Svanberg Buy Maintains $350.00
Jun 22, 2026 Evercore ISI Group Mark Lipacis Outperform Initiates $325.00
Jun 2, 2026 Roth Capital Buy Maintains $N/A
Jun 2, 2026 Jefferies Buy Maintains $N/A
Jun 2, 2026 TD Cowen Buy Maintains $N/A
Jun 2, 2026 Susquehanna Positive Maintains $N/A
Jun 2, 2026 JP Morgan Overweight Maintains $N/A
Jun 2, 2026 Mizuho Outperform Maintains $N/A
Jun 2, 2026 Rosenblatt Neutral Maintains $N/A
Jun 2, 2026 B of A Securities Buy Maintains $N/A
Jun 2, 2026 Needham Buy Maintains $N/A
Jun 1, 2026 Mizuho Outperform Maintains $N/A
May 1, 2026 Rothschild & Co Buy Initiates $N/A
Apr 16, 2026 Goldman Sachs Buy Maintains $N/A
Apr 15, 2026 Rosenblatt Neutral Maintains $N/A
Apr 15, 2026 Needham Buy Reiterates $N/A
Apr 13, 2026 Jefferies Buy Initiates $N/A
Mar 23, 2026 Rosenblatt Neutral Maintains $N/A
Mar 3, 2026 Susquehanna Positive Maintains $N/A

Credo Technology Group Holding Ltd. (CRDO) Competitors

The following stocks are similar to Credo based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Credo Technology Group Holding Ltd. (CRDO) Financial Data

Credo Technology Group Holding Ltd. has a market capitalization of $48.24B with a P/E ratio of 97.8x. The company generates $1.34B in trailing twelve-month revenue with a 35.4% profit margin.

Revenue growth is +157.0% quarter-over-quarter, while maintaining an operating margin of +35.7% and return on equity of +34.4%.

Valuation Metrics

Market Cap $48.24B
Enterprise Value $48.10B
P/E Ratio 97.8x
PEG Ratio 27.6x
Price/Sales 34.4x

Growth & Margins

Revenue Growth (YoY) +157.0%
Gross Margin +68.2%
Operating Margin +35.7%
Net Margin +35.4%
EPS Growth +362.2%

Financial Health

Cash/Price Ratio +3.0%
Current Ratio 10.2x
Debt/Equity 1.2x
ROE +34.4%
ROA +17.9%
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Credo Technology Group Holding Ltd. logo

Credo Technology Group Holding Ltd. (CRDO) Business Model

About Credo Technology Group Holding Ltd.

What They Do

Develops high-speed connectivity solutions for data infrastructure.

Business Model

The company generates revenue by providing a range of semiconductor products and solutions, including integrated circuits and active electrical cables. Its business model focuses on serving hyperscale cloud providers and original equipment manufacturers, enhancing data transmission efficiency and reliability across modern networks.

Additional Information

Founded in 2008 and headquartered in Grand Cayman, the company operates in key technology regions such as the U.S., Mainland China, Taiwan, and Hong Kong. Credo's offerings address the growing demands for bandwidth and power efficiency in cloud computing and high-performance environments.

Company Information

Sector

Technology

Industry

Semiconductors

Employees

807

CEO

Mr. William J. Brennan

Country

Cayman Islands

IPO Year

2022

Credo Technology Group Holding Ltd. (CRDO) Latest News & Analysis

Featured Analysis
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Jul 06, 2026 By Neena Mishra ETF News and Commentary

CRDO's Retimer Business Hits Its Stride: Further Gains Ahead?

Credo's retimer business hits an inflection point as demand for 100G and 200G per lane solutions grows, fueled by AI networking needs and design wins.

Jul 06, 2026 By Shreya Majumder Analyst Blog

Micron & 2 Profitable Stocks to Buy in July for Explosive Upside

MU, CRDO and SNX screened as profitable July stock picks, backed by strong net income ratios and solid earnings growth prospects.

Jul 03, 2026 By Tirthankar Chakraborty Analyst Blog

Latest News

CRDO stock latest news image
Quick Summary

Credo Technology stock rose significantly on Monday, outperforming all other stocks on the Philadelphia semiconductor index (SOX).

Why It Matters

Credo Technology's stock surge indicates strong market confidence, potentially signaling positive sentiment in the semiconductor sector, which could attract further investor interest and influence stock valuations.

Source: Investors Business Daily
Market Sentiment: Positive
CRDO stock latest news image
Quick Summary

Credo's retimer business is experiencing growth due to rising demand for 100G and 200G solutions, driven by AI networking requirements and successful design wins.

Why It Matters

Credo's growth in retimer solutions indicates rising demand in high-speed networking, suggesting potential revenue increases and strategic positioning in AI-driven markets.

Source: Zacks Investment Research
Market Sentiment: Positive
CRDO stock latest news image
Quick Summary

AI hardware opportunities are broadening, with Micron, Credo, Amkor, and Texas Instruments capitalizing on increased demand in the chip supply chain, alongside NVIDIA.

Why It Matters

Expanding AI hardware opportunities signal growth across multiple companies, indicating potential investment diversification and increasing overall market demand in the semiconductor sector.

Source: Zacks Investment Research
Market Sentiment: Positive
CRDO stock latest news image
Quick Summary

Semiconductors performed strongly in Q2 2026, recovering from Q1 losses. Continued growth in H2 2026 depends on AI driving demand, though uncertainties about the AI thesis persist.

Why It Matters

Strong Q2 performance in semiconductors indicates potential growth, but reliance on AI for H2 gains introduces uncertainty, highlighting the importance of monitoring AI trends for investment decisions.

Source: Seeking Alpha
Market Sentiment: Neutral
CRDO stock latest news image
Quick Summary

Credo Technology Group (NASDAQ: CRDO) has seen an 89% year-to-date increase in share price, rising from $143.89 to $271.95, making it a prominent AI infrastructure investment.

Why It Matters

Credo Technology's 89% surge indicates strong investor interest in AI infrastructure, potentially driving further investment and influencing market trends in tech stocks.

Source: 24/7 Wall Street
Market Sentiment: Positive
CRDO stock latest news image
Quick Summary

CRDO expects growth in AI connectivity driven by increased adoption of Active Electrical Cables, enhancing reliability and supporting a positive long-term growth outlook.

Why It Matters

CRDO's focus on Active Electrical Cables indicates robust demand in AI connectivity, suggesting potential revenue growth and increased market share, attracting investor interest.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About CRDO Stock

What is Credo Technology Group Holding Ltd.'s (CRDO) stock forecast for 2027?

Based on our analysis of 4 Wall Street analysts, Credo Technology Group Holding Ltd. (CRDO) has a median price target of $271.45. The highest price target is $350.00 and the lowest is $184.00.

Is CRDO stock a good investment in 2027?

According to current analyst ratings, CRDO has 18 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $258.69. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for CRDO stock?

Wall Street analysts predict CRDO stock could reach $271.45 in the next 12 months. This represents a 4.9% increase from the current price of $258.69. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Credo Technology Group Holding Ltd.'s business model?

The company generates revenue by providing a range of semiconductor products and solutions, including integrated circuits and active electrical cables. Its business model focuses on serving hyperscale cloud providers and original equipment manufacturers, enhancing data transmission efficiency and reliability across modern networks.

What is the highest forecasted price for CRDO Credo Technology Group Holding Ltd.?

The highest price target for CRDO is $350.00 from Tore Svanberg at Stifel, which represents a 35.3% increase from the current price of $258.69.

What is the lowest forecasted price for CRDO Credo Technology Group Holding Ltd.?

The lowest price target for CRDO is $184.00 from at , which represents a -28.9% decrease from the current price of $258.69.

What is the overall CRDO consensus from analysts for Credo Technology Group Holding Ltd.?

The overall analyst consensus for CRDO is bullish. Out of 4 Wall Street analysts, 18 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $271.45.

How accurate are CRDO stock price projections?

Stock price projections, including those for Credo Technology Group Holding Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: July 9, 2026 3:32 AM UTC
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