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Credo Technology Group Holding Ltd has a consensus price target of $51.21 based on the ratings of 14 analysts. The high is $80 issued by Susquehanna on December 17, 2024. The low is $11 issued by Cowen & Co. on February 15, 2023. The 3 most-recent analyst ratings were released by Susquehanna, Goldman Sachs, and Craig-Hallum on December 17, 2024, December 4, 2024, and December 3, 2024, respectively. With an average price target of $73.33 between Susquehanna, Goldman Sachs, and Craig-Hallum, there's an implied 5.97% upside for Credo Technology Group Holding Ltd from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Credo Technology Group (NASDAQ:CRDO) was reported by Susquehanna on December 17, 2024. The analyst firm set a price target for $80.00 expecting CRDO to rise to within 12 months (a possible 15.61% upside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for Credo Technology Group (NASDAQ:CRDO) was provided by Susquehanna, and Credo Technology Group initiated their neutral rating.
The last upgrade for Credo Technology Group Holding Ltd happened on December 3, 2024 when B of A Securities raised their price target to $80. B of A Securities previously had an underperform for Credo Technology Group Holding Ltd.
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.
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 December 17, 2024 so you should expect the next rating to be made available sometime around December 17, 2025.
While ratings are subjective and will change, the latest Credo Technology Group (CRDO) rating was a initiated with a price target of $0.00 to $80.00. The current price Credo Technology Group (CRDO) is trading at is $69.20, which is within the analyst’s predicted range.
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