Credo Technology Group
(NASDAQ:CRDO)
$27.49
-0.88[-3.10%]
At close: Jun 21
$27.49
-0.09[-0.33%]
After Hours: 4:59PM EDT
Consensus Rating1
Buy
Highest Price Target1
$30.00
Lowest Price Target1
$11.00
Consensus Price Target1
$22.92

Credo Technology Group (NASDAQ:CRDO) Stock, Analyst Ratings, Price Targets, Predictions

Credo Technology Group Holding Ltd has a consensus price target of $22.92, established from looking at the 50 latest analyst ratings. The last 3 analyst ratings were released from Barclays, B of A Securities, and Needham on May 30, 2024. With an average price target of $27 between Barclays, B of A Securities, and Needham, there's an implied -1.46% downside for Credo Technology Group Holding Ltd from these 3 analyst ratings.

Analyst Trends and Forecast
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Jan
0
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Feb
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0
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Apr
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May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.1
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Barclays
B of A Securities
Needham
Craig-Hallum
Goldman Sachs

1calculated from analyst ratings

Analyst Ratings for Credo Technology Group

Buy NowGet Alert
05/30/2024Buy Now9.49%Barclays
Thomas O'Malley
$23 → $30MaintainsOverweightGet Alert
05/30/2024Buy Now-19.71%B of A Securities
Vivek Arya
$21 → $22ReiteratesUnderperform → UnderperformGet Alert
05/30/2024Buy Now5.84%Needham
Quinn Bolton
$26 → $29MaintainsBuyGet Alert
04/15/2024Buy Now9.49%Craig-Hallum
Richard Shannon
$28 → $30MaintainsBuyGet Alert
02/29/2024Buy Now-5.11%Goldman Sachs
Toshiya Hari
$23 → $26MaintainsBuyGet Alert
02/28/2024Buy Now-5.11%Goldman Sachs
Toshiya Hari
$23 → $26MaintainsBuyGet Alert
02/28/2024Buy Now9.49%Mizuho
Vijay Rakesh
$28 → $30ReiteratesBuy → BuyGet Alert
02/28/2024Buy Now-5.11%Needham
Quinn Bolton
$24 → $26MaintainsBuyGet Alert
02/13/2024Buy Now2.19%Mizuho
Vijay Rakesh
$25 → $28MaintainsBuyGet Alert
01/08/2024Buy Now-12.41%Needham
Quinn Bolton
→ $24ReiteratesBuy → BuyGet Alert
12/01/2023Buy Now-16.06%Goldman Sachs
Toshiya Hari
$18 → $23MaintainsBuyGet Alert
11/30/2023Buy Now-12.41%Stifel
Tore Svanberg
$20 → $24MaintainsBuyGet Alert
11/30/2023Buy Now-23.36%Mizuho
Vijay Rakesh
$18 → $21MaintainsBuyGet Alert
11/30/2023Buy Now-16.06%Goldman Sachs
Toshiya Hari
$18 → $23MaintainsBuyGet Alert
11/30/2023Buy Now-12.41%Needham
Quinn Bolton
$20 → $24MaintainsBuyGet Alert
10/09/2023Buy Now-27.01%Craig-Hallum
Richard Shannon
$18 → $20MaintainsBuyGet Alert
10/02/2023Buy Now-34.31%Barclays
Thomas O'Malley
→ $18Initiates → OverweightGet Alert
08/25/2023Buy Now-41.61%B of A Securities
Vivek Arya
$14 → $16MaintainsUnderperformGet Alert
08/25/2023Buy Now-41.61%TD Cowen$14 → $16MaintainsMarket PerformGet Alert
08/25/2023Buy Now-27.01%Needham
Quinn Bolton
$17 → $20MaintainsBuyGet Alert
07/20/2023Buy Now-27.01%Stifel
Tore Svanberg
$17 → $20MaintainsBuyGet Alert
06/22/2023Buy Now-34.31%Mizuho
Vijay Rakesh
→ $18ReiteratesBuy → BuyGet Alert
06/02/2023Buy Now-41.61%Goldman Sachs
Toshiya Hari
$14 → $16MaintainsBuyGet Alert
06/01/2023Buy Now-37.96%Stifel
Tore Svanberg
$14 → $17MaintainsBuyGet Alert
06/01/2023Buy Now-34.31%Roth MKM
Suji Desilva
$14 → $18MaintainsBuyGet Alert
06/01/2023Buy Now-37.96%Needham
Quinn Bolton
$15 → $17Reiterates → BuyGet Alert
06/01/2023Buy Now-34.31%Mizuho
Vijay Rakesh
$16 → $18MaintainsBuyGet Alert
03/02/2023Buy Now-45.26%Needham
Quinn Bolton
→ $15Reiterates → BuyGet Alert
02/16/2023Buy Now-48.91%Goldman Sachs
Toshiya Hari
$19 → $14MaintainsBuyGet Alert
02/15/2023Buy Now-48.91%Stifel
Tore Svanberg
$19 → $14MaintainsBuyGet Alert
02/15/2023Buy Now-48.91%Roth MKM
Suji Desilva
$20 → $14MaintainsBuyGet Alert
02/15/2023Buy Now-48.91%Goldman Sachs
Toshiya Hari
$19 → $14MaintainsBuyGet Alert
02/15/2023Buy Now-41.61%Mizuho
Vijay Rakesh
$20 → $16MaintainsBuyGet Alert
02/15/2023Buy Now-45.26%Needham
Quinn Bolton
$18 → $15MaintainsBuyGet Alert
02/15/2023Buy Now-56.2%B of A Securities
Vivek Arya
$18 → $12DowngradeBuy → UnderperformGet Alert
02/15/2023Buy Now-59.85%Cowen & Co.
Matt Ramsay
→ $11DowngradeOutperform → Market PerformGet Alert
12/01/2022Buy Now-34.31%Needham
Quinn Bolton
$15 → $18MaintainsBuyGet Alert
06/29/2022Buy Now-45.26%B of A Securities
Vivek Arya
$17 → $15MaintainsBuyGet Alert
06/02/2022Buy Now-45.26%Needham
Quinn Bolton
$20 → $15MaintainsBuyGet Alert
04/26/2022Buy Now-27.01%Mizuho
Vijay Rakesh
$21 → $20MaintainsBuyGet Alert
03/10/2022Buy Now-27.01%Cowen & Co.
Matt Ramsay
$19 → $20MaintainsOutperformGet Alert
03/10/2022Buy Now-23.36%Mizuho
Vijay Rakesh
$19 → $21MaintainsBuyGet Alert
02/23/2022Buy Now-27.01%Roth Capital
Suji Desilva
→ $20Initiates → BuyGet Alert
02/22/2022Buy Now-30.66%Craig-Hallum
Richard Shannon
→ $19Initiates → BuyGet Alert
02/22/2022Buy Now-27.01%B of A Securities
Vivek Arya
→ $20Initiates → BuyGet Alert
02/22/2022Buy Now-30.66%Mizuho
Vijay Rakesh
→ $19Initiates → BuyGet Alert
02/22/2022Buy Now-30.66%Cowen & Co.
Karl Ackerman
→ $19Initiates → OutperformGet Alert
02/22/2022Buy Now-27.01%Stifel
Tore Svanberg
→ $20Initiates → BuyGet Alert
02/22/2022Buy Now-27.01%Needham
Quinn Bolton
→ $20Initiates → BuyGet Alert
02/22/2022Buy Now-16.06%Goldman Sachs
Toshiya Hari
→ $23Initiates → BuyGet Alert

FAQ

Q

What is the target price for Credo Technology Group (CRDO) stock?

A

The latest price target for Credo Technology Group (NASDAQ:CRDO) was reported by Barclays on May 30, 2024. The analyst firm set a price target for $30.00 expecting CRDO to rise to within 12 months (a possible 9.49% upside). 21 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Credo Technology Group (CRDO)?

A

The latest analyst rating for Credo Technology Group (NASDAQ:CRDO) was provided by Barclays, and Credo Technology Group maintained their overweight rating.

Q

When was the last upgrade for Credo Technology Group (CRDO)?

A

There is no last upgrade for Credo Technology Group

Q

When was the last downgrade for Credo Technology Group (CRDO)?

A

The last downgrade for Credo Technology Group Holding Ltd happened on February 15, 2023 when B of A Securities changed their price target from $18 to $12 for Credo Technology Group Holding Ltd.

Q

When is the next analyst rating going to be posted or updated for Credo Technology Group (CRDO)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Credo Technology Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Credo Technology Group was filed on May 30, 2024 so you should expect the next rating to be made available sometime around May 30, 2025.

Q

Is the Analyst Rating Credo Technology Group (CRDO) correct?

A

While ratings are subjective and will change, the latest Credo Technology Group (CRDO) rating was a maintained with a price target of $23.00 to $30.00. The current price Credo Technology Group (CRDO) is trading at is $27.40, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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