
CRDO Stock Forecast & Price Target
CRDO Analyst Ratings
Bulls say
Credo Technology Group is positioned for positive growth, as customer diversification is expected to strengthen with a fourth hyperscaler projected to exceed the 10% revenue threshold by FY26. Additionally, revenue from the AEC segment has shown robust quarter-over-quarter growth, indicating strong demand for Credo’s high-speed connectivity solutions. With the top three customers expected to see significant year-over-year growth in FY26, this diversification could further enhance the company’s financial stability and performance.
Bears say
Credo Technology Group Holding Ltd reported a non-GAAP operating expenditure (OpEx) of $54.5 million, which was marginally lower than the estimated $55.0 million, reflecting ongoing cost-management challenges. Furthermore, the company's reliance on robust relationships within its market highlights a vulnerability, as any mismanagement could negatively impact product sales and overall reputation. Additionally, the company faces external pressures from economic downturns, geopolitical tensions, and ongoing supply chain difficulties, contributing to a more pessimistic outlook on its financial stability.
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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