Analyst Price Target is $24.25
▲ +28.37% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Credo Technology Group in the last 3 months. The average price target is $24.25, with a high forecast of $30.00 and a low forecast of $16.00. The average price target represents a 28.37% upside from the last price of $18.89.
Current Consensus is
Moderate Buy
The current consensus among 8 investment analysts is to moderate buy stock in Credo Technology Group. This Moderate Buy consensus rating has held steady for over two years.
Credo Technology Group Holding Ltd provides various high-speed connectivCredo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP. The company also offers intellectual property solutions consist of SerDes IP licensing. It sells its products to hyperscalers, original equipment manufacturers, original design manufacturers and optical module manufacturers, as well as into the enterprise and HPC markets. The company was founded in 2008 and is headquartered in San Jose, California.ity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
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