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CRDO Stock Forecast 2026-2027
$160.69
Current Price
$29.64B
Market Cap
Buy 16
Hold 1
Sell 0
Wall St Analyst Ratings
Distance to CRDO Price Targets
+61.8%
To High Target of $260.00
+24.5%
To Median Target of $200.00
+5.8%
To Low Target of $170.00
CRDO Price Momentum
+34.4%
1 Week Change
+50.1%
1 Month Change
+338.7%
1 Year Change
+11.7%
Year-to-Date Change
-24.8%
From 52W High of $213.80
+386.3%
From 52W Low of $33.04
📊 TOP ANALYST CALLS
Did CRDO Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Credo Tech is one of their latest high-conviction picks.
Latest CRDO Stock Price Targets & Analyst Predictions
Based on our analysis of 18 Wall Street analysts, CRDO has a bullish consensus with a median price target of $200.00 (ranging from $170.00 to $260.00). The overall analyst rating is Strong Buy (9.3/10). Currently trading at $160.69, the median forecast implies a 24.5% upside. This outlook is supported by 16 Buy, 1 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by James Schneider at Goldman Sachs, suggesting a 5.8% 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
16
Buy
1
Hold
0
Sell
CRDO Price Target Range
Low
$170.00
Average
$200.00
High
$260.00
Current: $160.69
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 |
|---|---|---|---|---|---|
| Apr 16, 2026 | Goldman Sachs | James Schneider | Buy | Maintains | $170.00 |
| Apr 15, 2026 | Needham | N. Quinn Bolton | Buy | Reiterates | $220.00 |
| Apr 15, 2026 | Rosenblatt | Mike Genovese | Neutral | Maintains | $175.00 |
| Apr 13, 2026 | Jefferies | Blayne Curtis | Buy | Initiates | $175.00 |
| Mar 23, 2026 | Rosenblatt | Mike Genovese | Neutral | Maintains | $125.00 |
| Mar 3, 2026 | Mizuho | Vijay Rakesh | Outperform | Maintains | $200.00 |
| Mar 3, 2026 | Susquehanna | Christopher Rolland | Positive | Maintains | $170.00 |
| Mar 3, 2026 | Rosenblatt | Mike Genovese | Neutral | Maintains | $125.00 |
| Mar 3, 2026 | Needham | N. Quinn Bolton | Buy | Reiterates | $220.00 |
| Feb 10, 2026 | Needham | N. Quinn Bolton | Buy | Reiterates | $220.00 |
| Feb 10, 2026 | Roth Capital | Suji Desilva | Buy | Maintains | $200.00 |
| Jan 21, 2026 | Rosenblatt | Mike Genovese | Neutral | Initiates | $170.00 |
| Dec 2, 2025 | Needham | N. Quinn Bolton | Buy | Maintains | $220.00 |
| Dec 2, 2025 | B of A Securities | Vivek Arya | Buy | Maintains | $240.00 |
| Dec 2, 2025 | Roth Capital | Suji Desilva | Buy | Maintains | $250.00 |
| Dec 2, 2025 | Mizuho | Vijay Rakesh | Outperform | Maintains | $225.00 |
| Dec 2, 2025 | Barclays | Thomas O'Malley | Overweight | Maintains | $220.00 |
| Oct 22, 2025 | Susquehanna | Christopher Rolland | Positive | Maintains | $175.00 |
| Oct 17, 2025 | JP Morgan | Joseph Cardoso | Overweight | Initiates | $165.00 |
| Oct 7, 2025 | Barclays | Thomas O'Malley | Overweight | Maintains | $165.00 |
Credo Technology Group Holding Ltd. (CRDO) Competitors
The following stocks are similar to Credo Tech 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 $29.64B with a P/E ratio of 87.3x. The company generates $1.07B in trailing twelve-month revenue with a 31.8% profit margin.
Revenue growth is +201.5% quarter-over-quarter, while maintaining an operating margin of +36.8% and return on equity of +27.5%.
Valuation Metrics
Market Cap
$29.64B
Enterprise Value
$28.03B
P/E Ratio
87.3x
PEG Ratio
0.2x
Price/Sales
27.4x
Growth & Margins
Revenue Growth (YoY)
+201.5%
Gross Margin
+68.5%
Operating Margin
+36.8%
Net Margin
+31.8%
EPS Growth
+435.2%
Financial Health
Cash/Price Ratio
+4.4%
Current Ratio
10.8x
Debt/Equity
0.9x
ROE
+27.5%
ROA
+14.7%
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Credo Technology Group Holding Ltd. (CRDO) Business Model
About Credo Technology Group Holding Ltd.
What They Do
Semiconductor company providing high-speed connectivity solutions.
Business Model
The company designs and manufactures a range of high-speed connectivity products, including active electrical cables and SerDes chiplets, which it sells to various clients such as hyperscalers and OEMs. Credo makes money by offering innovative solutions that cater to the bandwidth and efficiency needs of the data infrastructure market, particularly for AI applications and cloud computing.
Additional Information
Founded in 2008, Credo Technology Group has positioned itself as a leader in high-speed interconnects, focusing on addressing bandwidth bottlenecks and enhancing power efficiency in connectivity solutions. Its engineering team possesses extensive expertise in both analog and digital technologies, enabling the company to meet the rigorous demands of enterprise and high-performance computing markets.
Company Information
Sector
Technology
Industry
Semiconductors
Employees
622
CEO
Mr. William J. Brennan
Country
Cayman Islands
IPO Year
2022
Website
credosemi.comCredo Technology Group Holding Ltd. (CRDO) Latest News & Analysis
Featured Analysis
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Zacks Investment Research
Credo Technology Group (CRDO) Upgraded to Strong Buy: Here's Why
Credo Technology Group (CRDO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Apr 17, 2026
By Zacks Equity Research
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Apr 13, 2026
By Zacks Equity Research
Analyst Blog
Latest News
Quick Summary
Credo Technology Group (CRDO) has been upgraded to Zacks Rank #1 (Strong Buy), indicating positive earnings prospects and potential for stock price increase.
Why It Matters
The upgrade to a Zacks Rank #1 indicates strong buy sentiment, suggesting potential stock price appreciation due to improved earnings expectations for Credo Technology Group.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
Credo Technology Group shares have risen significantly recently, driven by investor recognition of the company's optical pivot. Positive momentum is expected to continue into 2026.
Why It Matters
Credo Technology Group's rising stock indicates strong market confidence in its optical strategy, suggesting potential growth and investment opportunities through 2026.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
Credo Technology's stock rose following the announcement of its acquisition of DustPhotonics, aimed at enhancing its product offerings for high-speed data center connectivity.
Why It Matters
Credo Technology's acquisition of DustPhotonics enhances its product offerings, potentially boosting revenue and market position in the growing high-speed data center sector, which may attract investor interest.
Source: Investors Business Daily
Market Sentiment:
Positive
Quick Summary
In-house silicon photonics technology is expected to enhance supply chain efficiency and reduce costs, according to an analyst.
Why It Matters
In-house silicon photonics technology can enhance efficiency and reduce costs, potentially boosting profit margins and competitiveness, making the company more attractive to investors.
Source: Market Watch
Market Sentiment:
Positive
Why Credo Stock Popped Today
4 days ago
Quick Summary
Credo plans to expand into silicon photonics, projecting over $500 million in optical revenue by fiscal 2027.
Why It Matters
Credo's expansion into silicon photonics signals potential growth and diversification, with anticipated revenue boosts that could enhance profitability and attract investor interest.
Source: The Motley Fool
Market Sentiment:
Positive
Quick Summary
Credo Technology's shares increased 11% after Jefferies initiated coverage with a Buy rating, citing strong long-term growth prospects in AI infrastructure amid industry debates on connectivity solutions.
Why It Matters
Credo Technology's 11% stock rise signals positive investor sentiment following Jefferies' Buy rating, indicating potential growth in AI infrastructure amidst ongoing technology debates.
Source: Invezz
Market Sentiment:
Positive
Frequently Asked Questions About CRDO Stock
What is Credo Technology Group Holding Ltd.'s (CRDO) stock forecast for 2026?
Based on our analysis of 18 Wall Street analysts, Credo Technology Group Holding Ltd. (CRDO) has a median price target of $200.00. The highest price target is $260.00 and the lowest is $170.00.
Is CRDO stock a good investment in 2026?
According to current analyst ratings, CRDO has 16 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $160.69. 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 $200.00 in the next 12 months. This represents a 24.5% increase from the current price of $160.69. 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 designs and manufactures a range of high-speed connectivity products, including active electrical cables and SerDes chiplets, which it sells to various clients such as hyperscalers and OEMs. Credo makes money by offering innovative solutions that cater to the bandwidth and efficiency needs of the data infrastructure market, particularly for AI applications and cloud computing.
What is the highest forecasted price for CRDO Credo Technology Group Holding Ltd.?
The highest price target for CRDO is $260.00 from at , which represents a 61.8% increase from the current price of $160.69.
What is the lowest forecasted price for CRDO Credo Technology Group Holding Ltd.?
The lowest price target for CRDO is $170.00 from James Schneider at Goldman Sachs, which represents a 5.8% increase from the current price of $160.69.
What is the overall CRDO consensus from analysts for Credo Technology Group Holding Ltd.?
The overall analyst consensus for CRDO is bullish. Out of 18 Wall Street analysts, 16 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $200.00.
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: April 19, 2026 3:27 PM UTC