
CRDO Stock Forecast & Price Target
CRDO Analyst Ratings
Bulls say
Credo Technology Group Holding Ltd. is poised for significant growth, driven by expanding customer diversification, as evidenced by a fourth hyperscaler expected to exceed the 10% revenue threshold in FY26, alongside strong revenue increases from existing products. The company's robust performance in its AEC revenue, which experienced a notable double-digit percentage increase quarter-over-quarter, further underlines its competitive position in the high-speed connectivity market. Management's projections of mid-single-digit revenue growth quarter-over-quarter for FY26 and FY27 highlight a conservative outlook that may benefit from additional upside driven by new customers and innovative product launches.
Bears say
Credo Technology Group Holding Ltd reported non-GAAP operating expenses of $54.5 million, which is marginally below the estimated $55.0 million, indicating potential cost management challenges. The company faces significant risks related to maintaining key relationships, as any mismanagement could negatively impact product sales and diminish its reputation within the market. Additionally, the revenue growth associated with hyperscaler clients remains inconsistent, compounded by broader economic uncertainties stemming from the COVID-19 pandemic, geopolitical issues, and unstable supply chain conditions, contributing to a negative outlook on its financial performance.
This aggregate rating is based on analysts' research of Credo Technology Group Holding Ltd and is not a guaranteed prediction by Public.com or investment advice.
CRDO Analyst Forecast & Price Prediction
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