$18.56
0.39[2.15%]
At close: Apr 26
$18.56
0[0.00%]
After Hours: 4:00PM EDT
Credo Technology Group
(NASDAQ:CRDO)Credo Technology Group Stock (NASDAQ:CRDO), Analyst Ratings, Price Targets, Predictions
Credo Technology Group Holding Ltd has a consensus price target of $21.17, established from looking at the 47 latest analyst ratings. The last 3 analyst ratings were released from Craig-Hallum, Goldman Sachs, and Goldman Sachs on April 15, 2024, February 29, 2024, and February 28, 2024. With an average price target of $27.33 between Craig-Hallum, Goldman Sachs, and Goldman Sachs, there's an implied 47.27% upside for Credo Technology Group Holding Ltd from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Craig-Hallum
Goldman Sachs
Mizuho
Needham
Stifel
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Credo Technology Group
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/15/2024 | CRDO | Buy Now | Credo Technology Group | $18.56 | 61.64% | Craig-Hallum | Richard Shannon | $28 → $30 | Maintains | Buy | Get Alert |
| 02/29/2024 | CRDO | Buy Now | Credo Technology Group | $18.56 | 40.09% | Goldman Sachs | Toshiya Hari | $23 → $26 | Maintains | Buy | Get Alert |
| 02/28/2024 | CRDO | Buy Now | Credo Technology Group | $18.56 | 40.09% | Goldman Sachs | Toshiya Hari | $23 → $26 | Maintains | Buy | Get Alert |
| 02/28/2024 | CRDO | Buy Now | Credo Technology Group | $18.56 | 61.64% | Mizuho | Vijay Rakesh | $28 → $30 | Reiterates | Buy → Buy | Get Alert |
| 02/28/2024 | CRDO | Buy Now | Credo Technology Group | $18.56 | 40.09% | Needham | Quinn Bolton | $24 → $26 | Maintains | Buy | Get Alert |
| 02/13/2024 | CRDO | Buy Now | Credo Technology Group | $18.56 | 50.86% | Mizuho | Vijay Rakesh | $25 → $28 | Maintains | Buy | Get Alert |
| 01/08/2024 | CRDO | Buy Now | Credo Technology Group | $18.56 | 29.31% | Needham | Quinn Bolton | → $24 | Reiterates | Buy → Buy | Get Alert |
| 12/01/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | 23.92% | Goldman Sachs | Toshiya Hari | $18 → $23 | Maintains | Buy | Get Alert |
| 11/30/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | 29.31% | Stifel | Tore Svanberg | $20 → $24 | Maintains | Buy | Get Alert |
| 11/30/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | 13.15% | Mizuho | Vijay Rakesh | $18 → $21 | Maintains | Buy | Get Alert |
| 11/30/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | 23.92% | Goldman Sachs | Toshiya Hari | $18 → $23 | Maintains | Buy | Get Alert |
| 11/30/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | 29.31% | Needham | Quinn Bolton | $20 → $24 | Maintains | Buy | Get Alert |
| 10/09/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | 7.76% | Craig-Hallum | Richard Shannon | $18 → $20 | Maintains | Buy | Get Alert |
| 10/02/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | -3.02% | Barclays | Thomas O'Malley | → $18 | Initiates | → Overweight | Get Alert |
| 08/25/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | -13.79% | B of A Securities | Vivek Arya | $14 → $16 | Maintains | Underperform | Get Alert |
| 08/25/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | -13.79% | TD Cowen | — | $14 → $16 | Maintains | Market Perform | Get Alert |
| 08/25/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | 7.76% | Needham | Quinn Bolton | $17 → $20 | Maintains | Buy | Get Alert |
| 07/20/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | 7.76% | Stifel | Tore Svanberg | $17 → $20 | Maintains | Buy | Get Alert |
| 06/22/2023 | CRDO | Buy Now | Credo Technology Group | $18.56 | -3.02% | Mizuho | Vijay Rakesh | → $18 | Reiterates | Buy → Buy | Get Alert |
FAQ
What is the target price for Credo Technology Group (CRDO)?
The latest price target for Credo Technology Group (NASDAQ: CRDO) was reported by Craig-Hallum on April 15, 2024. The analyst firm set a price target for $30.00 expecting CRDO to rise to within 12 months (a possible 61.64% upside). 24 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Credo Technology Group (CRDO)?
The latest analyst rating for Credo Technology Group (NASDAQ: CRDO) was provided by Craig-Hallum, and Credo Technology Group maintained their buy rating.
When was the last upgrade for Credo Technology Group (CRDO)?
There is no last upgrade for Credo Technology Group.
When was the last downgrade for Credo Technology Group (CRDO)?
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.
When is the next analyst rating going to be posted or updated for Credo Technology Group (CRDO)?
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 April 15, 2024 so you should expect the next rating to be made available sometime around April 15, 2025.
Is the Analyst Rating Credo Technology Group (CRDO) correct?
While ratings are subjective and will change, the latest Credo Technology Group (CRDO) rating was a maintained with a price target of $28.00 to $30.00. The current price Credo Technology Group (CRDO) is trading at is $18.56, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.