$69.64
0.51% today
Nasdaq, Dec 30, 09:50 pm CET
ISIN
KYG254571055
Symbol
CRDO
Sector
Industry

Credo Technology Group Target price 2024 - Analyst rating & recommendation

Credo Technology Group Classifications & Recommendation:

Buy
85%
Hold
15%

Credo Technology Group Price Target

Target Price $75.83
Price $69.29
Potential
Number of Estimates 12
12 Analysts have issued a price target Credo Technology Group 2025 . The average Credo Technology Group target price is $75.83. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 13 analysts: 11 Analysts recommend Credo Technology Group to buy, 2 to hold and 0 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 $ 192.97 394.60
4.77% 104.49%
EBITDA Margin -11.67% 21.54%
130.88% 284.57%
Net Margin -15.59% 7.63%
56.19% 148.93%

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

$395m
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. This is
60.67% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$452m 84.05%
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, the lowest is
$384m 56.44%
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.

This results in the following potential growth metrics:

Revenue Estimates

2024 $193m 4.77%
2025
$395m 104.49%
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2026
$626m 58.54%
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2027
$787m 25.74%
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2028
$913m 16.07%
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4 Analysts have issued an Credo Technology Group EBITDA forecast 2025. The average Credo Technology Group EBITDA estimate is

$85.0m
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. This is
534.27% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$103m 628.41%
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, the lowest is
$41.0m 309.50%
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.

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

EBITDA Estimates

2024 $-22.5m 141.89%
2025
$85.0m 477.38%
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2026
$192m 125.57%
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2027
$260m 35.83%
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2028
$299m 14.83%
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EBITDA Margin

2024 -11.67% 130.88%
2025
21.54% 284.57%
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2026
30.64% 42.25%
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2027
33.10% 8.03%
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2028
32.75% 1.06%
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8 Credo Technology Group Analysts have issued a net profit forecast 2025. The average Credo Technology Group net profit estimate is

$30.1m
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. This is
228.58% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$43.5m 285.71%
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, the lowest is
$18.4m 178.58%
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.

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

Net Profit Estimates

2024 $-30.1m 63.64%
2025
$30.1m 200.00%
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2026
$113m 274.98%
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2027
$179m 58.52%
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2028
$264m 47.66%
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Net Margin

2024 -15.59% 56.19%
2025
7.63% 148.93%
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2026
18.04% 136.44%
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2027
22.74% 26.05%
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2028
28.93% 27.22%
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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 0.18
63.64% 200.00%
P/E 384.94
EV/Sales 28.44

8 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

$0.18
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. This is
228.57% 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
$0.26 285.71%
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, the lowest is
$0.11 178.57%
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.

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

Earnings Per Share

2024 $-0.18 63.64%
2025
$0.18 200.00%
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2026
$0.68 277.78%
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2027
$1.07 57.35%
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2028
$1.58 47.66%
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P/E ratio

Current -479.18 412.55%
2025
384.94 180.33%
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2026
102.65 73.33%
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2027
64.76 36.91%
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2028
43.85 32.29%
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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

28.44
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
29.37
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.

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

EV/Sales

Current 45.69 174.41%
2025
28.44 37.76%
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2026
17.94 36.93%
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2027
14.26 20.47%
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2028
12.29 13.84%
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P/S ratio

Current 47.18 161.83%
2025
29.37 37.76%
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2026
18.52 36.93%
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2027
14.73 20.47%
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2028
12.69 13.84%
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