Missedย NVDA?
Donโt Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities โ for free.
Home โบ Stocks โบ Credo Technology Group Holding Ltd. (CRDO) Stock Forecast & Price Prediction Cayman Islands | NASDAQ | Technology | Semiconductors
$258.69
+12.29 (4.99%)Did CRDO Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Credo is one of their latest high-conviction picks.
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.
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 |
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. 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%.
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings โ tracked and updated every Monday and Thursday.
Develops high-speed connectivity solutions for data infrastructure.
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.
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.
Technology
Semiconductors
807
Mr. William J. Brennan
Cayman Islands
2022
Small-cap stocks surged in 1H. We highlight three ETFs.
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.
MU, CRDO and SNX screened as profitable July stock picks, backed by strong net income ratios and solid earnings growth prospects.
Credo Technology stock rose significantly on Monday, outperforming all other stocks on the Philadelphia semiconductor index (SOX).
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.
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.
Credo's growth in retimer solutions indicates rising demand in high-speed networking, suggesting potential revenue increases and strategic positioning in AI-driven markets.
AI hardware opportunities are broadening, with Micron, Credo, Amkor, and Texas Instruments capitalizing on increased demand in the chip supply chain, alongside NVIDIA.
Expanding AI hardware opportunities signal growth across multiple companies, indicating potential investment diversification and increasing overall market demand in the semiconductor sector.
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.
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.
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.
Credo Technology's 89% surge indicates strong investor interest in AI infrastructure, potentially driving further investment and influencing market trends in tech stocks.
CRDO expects growth in AI connectivity driven by increased adoption of Active Electrical Cables, enhancing reliability and supporting a positive long-term growth outlook.
CRDO's focus on Active Electrical Cables indicates robust demand in AI connectivity, suggesting potential revenue growth and increased market share, attracting investor interest.
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.
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.
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.
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.
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.
The lowest price target for CRDO is $184.00 from at , which represents a -28.9% decrease from the current price of $258.69.
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.
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.
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.