Summary:
- Credo Technology reports a robust revenue increase, with notable diversification in its customer base.
- Analysts foresee mild upside potential despite price targets indicating a mixed outlook.
- The company's valuation suggests a potential downside based on GuruFocus estimates.
Credo Technology (CRDO, Financial) delivered an impressive performance in Q4 2025, with revenue soaring by 26% sequentially to $170 million and experiencing a remarkable 180% increase compared to the previous year. CEO Bill Brennan emphasized the strategic diversification of its customer base, driven significantly by contributions from hyperscalers. Anticipation of substantial revenue growth in fiscal 2026 is bolstered by a new DSP win.
Wall Street Analysts Forecast
Industry analysts have provided one-year price targets for Credo Technology Group Holding Ltd (CRDO, Financial), with an average target price set at $66.09. Price predictions range from a high of $84.00 to a low of $34.13. This average target implies a potential upside of 5.50% from the current trading price of $62.65. For a more comprehensive view, visit the Credo Technology Group Holding Ltd (CRDO) Forecast page.
Analyst Recommendations and Valuation
The consensus recommendation from 13 brokerage firms for Credo Technology Group Holding Ltd (CRDO, Financial) stands at 1.8, reflecting an "Outperform" status. This rating utilizes a scale from 1 to 5, where 1 indicates a Strong Buy and 5 suggests a Sell.
According to GuruFocus estimates, the projected GF Value for Credo Technology Group Holding Ltd (CRDO, Financial) in the coming year is $59.25. This implies a downside of 5.43% from the current price of $62.65. The GF Value encapsulates GuruFocus' approximation of the stock's fair trading value, calculated from its historical trading multiples, past growth, and future performance projections. Further insights are available on the Credo Technology Group Holding Ltd (CRDO) Summary page.
