Analyst Price Target is $74.90
▲ +65.52% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Credo Technology Group in the last 3 months. The average price target is $74.90, with a high forecast of $90.00 and a low forecast of $45.00. The average price target represents a 65.52% upside from the last price of $45.25.
Current Consensus is
Buy
The current consensus among 10 contributing investment analysts is to buy stock in Credo Technology Group. This rating changed within the last month from a Moderate Buy consensus rating.
Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, 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, as well as integrated circuits, active electrical cables. 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 based in Grand Cayman, Cayman Islands.
Read More