$29.50
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Credo Technology Group
CRDONASDAQ
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Credo Technology Group (NASDAQ:CRDO) Stock, Analyst Ratings, Price Targets, Forecasts
Credo Technology Group Holding Ltd has a consensus price target of $25.15 based on the ratings of 13 analysts. The high is $40 issued by TD Cowen on July 15, 2024. The low is $11 issued by Cowen & Co. on February 15, 2023. The 3 most-recent analyst ratings were released by Stifel, TD Cowen, and TD Cowen on July 18, 2024, July 15, 2024, and June 25, 2024, respectively. With an average price target of $37 between Stifel, TD Cowen, and TD Cowen, there's an implied 25.42% upside for Credo Technology Group Holding Ltd from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Stifel
TD Cowen
Barclays
B of A Securities
Needham
1calculated from analyst ratings
Analyst Ratings for Credo Technology Group
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/18/2024 | Buy Now | 22.03% | Stifel | Tore Svanberg | $30 → $36 | Maintains | Buy | Get Alert |
| 07/15/2024 | Buy Now | 35.59% | TD Cowen | Matt Ramsay | $35 → $40 | Maintains | Buy | Get Alert |
| 06/25/2024 | Buy Now | 18.64% | TD Cowen | Matt Ramsay | $24 → $35 | Upgrade | Hold → Buy | Get Alert |
| 05/30/2024 | Buy Now | 1.69% | Barclays | Thomas O'Malley | $23 → $30 | Maintains | Overweight | Get Alert |
| 05/30/2024 | Buy Now | -25.42% | B of A Securities | Vivek Arya | $21 → $22 | Reiterates | Underperform → Underperform | Get Alert |
| 05/30/2024 | Buy Now | -1.69% | Needham | Quinn Bolton | $26 → $29 | Maintains | Buy | Get Alert |
| 04/15/2024 | Buy Now | 1.69% | Craig-Hallum | Richard Shannon | $28 → $30 | Maintains | Buy | Get Alert |
| 02/29/2024 | Buy Now | -11.86% | Goldman Sachs | Toshiya Hari | $23 → $26 | Maintains | Buy | Get Alert |
| 02/28/2024 | Buy Now | -11.86% | Goldman Sachs | Toshiya Hari | $23 → $26 | Maintains | Buy | Get Alert |
| 02/28/2024 | Buy Now | 1.69% | Mizuho | Vijay Rakesh | $28 → $30 | Reiterates | Buy → Buy | Get Alert |
| 02/28/2024 | Buy Now | -11.86% | Needham | Quinn Bolton | $24 → $26 | Maintains | Buy | Get Alert |
| 02/13/2024 | Buy Now | -5.08% | Mizuho | Vijay Rakesh | $25 → $28 | Maintains | Buy | Get Alert |
| 01/08/2024 | Buy Now | -18.64% | Needham | Quinn Bolton | → $24 | Reiterates | Buy → Buy | Get Alert |
| 12/01/2023 | Buy Now | -22.03% | Goldman Sachs | Toshiya Hari | $18 → $23 | Maintains | Buy | Get Alert |
| 11/30/2023 | Buy Now | -18.64% | Stifel | Tore Svanberg | $20 → $24 | Maintains | Buy | Get Alert |
| 11/30/2023 | Buy Now | -28.81% | Mizuho | Vijay Rakesh | $18 → $21 | Maintains | Buy | Get Alert |
| 11/30/2023 | Buy Now | -22.03% | Goldman Sachs | Toshiya Hari | $18 → $23 | Maintains | Buy | Get Alert |
| 11/30/2023 | Buy Now | -18.64% | Needham | Quinn Bolton | $20 → $24 | Maintains | Buy | Get Alert |
| 10/09/2023 | Buy Now | -32.2% | Craig-Hallum | Richard Shannon | $18 → $20 | Maintains | Buy | Get Alert |
| 10/02/2023 | Buy Now | -38.98% | Barclays | Thomas O'Malley | → $18 | Initiates | → Overweight | Get Alert |
| 08/25/2023 | Buy Now | -45.76% | B of A Securities | Vivek Arya | $14 → $16 | Maintains | Underperform | Get Alert |
| 08/25/2023 | Buy Now | -45.76% | TD Cowen | — | $14 → $16 | Maintains | Market Perform | Get Alert |
| 08/25/2023 | Buy Now | -32.2% | Needham | Quinn Bolton | $17 → $20 | Maintains | Buy | Get Alert |
| 07/20/2023 | Buy Now | -32.2% | Stifel | Tore Svanberg | $17 → $20 | Maintains | Buy | Get Alert |
| 06/22/2023 | Buy Now | -38.98% | Mizuho | Vijay Rakesh | → $18 | Reiterates | Buy → Buy | Get Alert |
| 06/02/2023 | Buy Now | -45.76% | Goldman Sachs | Toshiya Hari | $14 → $16 | Maintains | Buy | Get Alert |
| 06/01/2023 | Buy Now | -42.37% | Stifel | Tore Svanberg | $14 → $17 | Maintains | Buy | Get Alert |
| 06/01/2023 | Buy Now | -38.98% | Roth MKM | Suji Desilva | $14 → $18 | Maintains | Buy | Get Alert |
| 06/01/2023 | Buy Now | -42.37% | Needham | Quinn Bolton | $15 → $17 | Reiterates | → Buy | Get Alert |
| 06/01/2023 | Buy Now | -38.98% | Mizuho | Vijay Rakesh | $16 → $18 | Maintains | Buy | Get Alert |
| 03/02/2023 | Buy Now | -49.15% | Needham | Quinn Bolton | → $15 | Reiterates | → Buy | Get Alert |
| 02/16/2023 | Buy Now | -52.54% | Goldman Sachs | Toshiya Hari | $19 → $14 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | -52.54% | Stifel | Tore Svanberg | $19 → $14 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | -52.54% | Roth MKM | Suji Desilva | $20 → $14 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | -52.54% | Goldman Sachs | Toshiya Hari | $19 → $14 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | -45.76% | Mizuho | Vijay Rakesh | $20 → $16 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | -49.15% | Needham | Quinn Bolton | $18 → $15 | Maintains | Buy | Get Alert |
| 02/15/2023 | Buy Now | -59.32% | B of A Securities | Vivek Arya | $18 → $12 | Downgrade | Buy → Underperform | Get Alert |
| 02/15/2023 | Buy Now | -62.71% | Cowen & Co. | Matt Ramsay | → $11 | Downgrade | Outperform → Market Perform | Get Alert |
| 12/01/2022 | Buy Now | -38.98% | Needham | Quinn Bolton | $15 → $18 | Maintains | Buy | Get Alert |
| 06/29/2022 | Buy Now | -49.15% | B of A Securities | Vivek Arya | $17 → $15 | Maintains | Buy | Get Alert |
| 06/02/2022 | Buy Now | -49.15% | Needham | Quinn Bolton | $20 → $15 | Maintains | Buy | Get Alert |
| 04/26/2022 | Buy Now | -32.2% | Mizuho | Vijay Rakesh | $21 → $20 | Maintains | Buy | Get Alert |
| 03/10/2022 | Buy Now | -32.2% | Cowen & Co. | Matt Ramsay | $19 → $20 | Maintains | Outperform | Get Alert |
| 03/10/2022 | Buy Now | -28.81% | Mizuho | Vijay Rakesh | $19 → $21 | Maintains | Buy | Get Alert |
| 02/23/2022 | Buy Now | -32.2% | Roth Capital | Suji Desilva | → $20 | Initiates | → Buy | Get Alert |
| 02/22/2022 | Buy Now | -35.59% | Craig-Hallum | Richard Shannon | → $19 | Initiates | → Buy | Get Alert |
| 02/22/2022 | Buy Now | -32.2% | B of A Securities | Vivek Arya | → $20 | Initiates | → Buy | Get Alert |
| 02/22/2022 | Buy Now | -35.59% | Mizuho | Vijay Rakesh | → $19 | Initiates | → Buy | Get Alert |
| 02/22/2022 | Buy Now | -35.59% | Cowen & Co. | Karl Ackerman | → $19 | Initiates | → Outperform | Get Alert |
| 02/22/2022 | Buy Now | -32.2% | Stifel | Tore Svanberg | → $20 | Initiates | → Buy | Get Alert |
| 02/22/2022 | Buy Now | -32.2% | Needham | Quinn Bolton | → $20 | Initiates | → Buy | Get Alert |
| 02/22/2022 | Buy Now | -22.03% | Goldman Sachs | Toshiya Hari | → $23 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for Credo Technology Group (CRDO) stock?
The latest price target for Credo Technology Group (NASDAQ:CRDO) was reported by Stifel on July 18, 2024. The analyst firm set a price target for $36.00 expecting CRDO to rise to within 12 months (a possible 22.03% upside). 23 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 Stifel, and Credo Technology Group maintained their buy rating.
When was the last upgrade for Credo Technology Group (CRDO)?
The last upgrade for Credo Technology Group Holding Ltd happened on June 25, 2024 when TD Cowen raised their price target to $35. TD Cowen previously had a hold for Credo Technology Group Holding Ltd.
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 July 18, 2024 so you should expect the next rating to be made available sometime around July 18, 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 $30.00 to $36.00. The current price Credo Technology Group (CRDO) is trading at is $29.50, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.