$39.76
5.11% yesterday
Nasdaq, Nov 15, 10:00 pm CET
ISIN
KYG254571055
Symbol
CRDO
Sector
Industry

Credo Technology Group Target price 2024 - Analyst rating & recommendation

Credo Technology Group Classifications & Recommendation:

Buy
92%
Sell
8%

Credo Technology Group Price Target

Target Price $37.36
Price $39.76
Deviation
Number of Estimates 11
11 Analysts have issued a price target Credo Technology Group 2025 . The average Credo Technology Group target price is $37.36. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 12 analysts: 11 Analysts recommend Credo Technology Group to buy, 0 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Credo Technology Group stock has an average upside potential 2025 of . Most analysts recommend the Credo Technology Group stock at Purchase.

Sales and Margin forecast 2025, 2026 to 2028

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Quarter Annually
Apr '24 2025
Estimates
Revenue Million $ 192.97 320.12
4.77% 65.89%
EBITDA Margin -11.67% 15.15%
130.88% 229.82%
Net Margin -15.48% 1.19%
56.19% 107.69%

10 Analysts have issued a sales forecast Credo Technology Group 2025 . The average Credo Technology Group sales estimate is

$320m
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. This is
47.12% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$342m 57.18%
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, the lowest is
$309m 42.10%
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.

This results in the following potential growth metrics:

Revenue Estimates

2024 $193m 4.77%
2025
$320m 65.89%
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2026
$498m 55.62%
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2027
$666m 33.72%
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2028
$846m 27.00%
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4 Analysts have issued an Credo Technology Group EBITDA forecast 2025. The average Credo Technology Group EBITDA estimate is

$48.5m
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. This is
327.41% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$67.1m 414.56%
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, the lowest is
$6.0m 128.13%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2024 $-22.5m 141.89%
2025
$48.5m 315.39%
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2026
$137m 183.36%
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2027
$215m 56.40%
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2028
$262m 21.88%
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EBITDA Margin

2024 -11.67% 130.88%
2025
15.15% 229.82%
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2026
27.59% 82.11%
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2027
32.27% 16.96%
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2028
30.97% 4.03%
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7 Credo Technology Group Analysts have issued a net profit forecast 2025. The average Credo Technology Group net profit estimate is

$3.8m
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. This is
114.27% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$21.6m 181.26%
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, the lowest is
$-13.3m 49.99%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2024 $-29.9m 63.64%
2025
$3.8m 112.69%
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2026
$77.1m 1,933.25%
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2027
$155m 101.38%
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2028
$234m 50.81%
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Net Margin

2024 -15.48% 56.19%
2025
1.19% 107.69%
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2026
15.47% 1,200.00%
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2027
23.30% 50.61%
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2028
27.66% 18.71%
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Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 to 2028

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Quarter Annually
Apr '24 2025
Estimates
Earnings Per Share $ -0.18 0.02
63.64% 111.11%
P/E 1,739.51
EV/Sales 19.43

7 Analysts have issued a Credo Technology Group forecast for earnings per share. The average Credo Technology Group <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.02
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. This is
112.50% higher
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than earnings per share in the financial year 2024. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$0.13 181.25%
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, the lowest is
$-0.08 50.00%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2024 $-0.18 63.64%
2025
$0.02 111.11%
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2026
$0.46 2,200.00%
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2027
$0.94 104.35%
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2028
$1.41 50.00%
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P/E ratio

Current -243.48 189.58%
2025
1,739.51 814.44%
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2026
85.64 95.08%
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2027
42.52 50.35%
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2028
28.20 33.68%
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Based on analysts' sales estimates for 2025, the Credo Technology Group stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

19.43
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
20.63
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 28.59 126.37%
2025
19.43 32.03%
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2026
12.49 35.74%
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2027
9.34 25.21%
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2028
7.35 21.26%
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P/S ratio

Current 30.34 118.04%
2025
20.63 32.03%
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2026
13.25 35.74%
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2027
9.91 25.22%
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2028
7.80 21.26%
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