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CRDO: Macro Headwinds And Customer Concentration Will Present Earnings Risks Ahead

Published
21 Apr 25
Updated
01 Nov 25
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AnalystConsensusTarget's Fair Value
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1Y
266.0%
7D
-11.1%

Author's Valuation

US$160.939.6% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on 01 Nov 25

Fair value Increased 0.42%

Analysts have modestly increased their average price target for Credo Technology Group Holding by about $0.67 to $160.93. This reflects continued optimism around diversified customer growth and ongoing technological advancements in AI infrastructure.

Shared on 18 Oct 25

Fair value Increased 2.03%

Credo Technology Group Holding’s analyst price target has been raised by analysts from $157.07 to $160.27. This reflects strengthened confidence due to faster revenue growth, profit margin improvements, and strategic customer diversification highlighted in recent industry discussions.

Shared on 04 Oct 25

Fair value Increased 4.07%

The analyst price target for Credo Technology Group Holding has increased from $150.92 to $157.07. This reflects analyst optimism, driven by recent management meetings, sector strength, and higher growth expectations across networking and AI infrastructure markets.

Shared on 19 Sep 25

Fair value Increased 38%

Credo Technology Group Holding’s consensus price target was raised from $109.50 to $150.92 as analysts cited robust Q1 results, accelerating hyperscaler adoption, and expansion in AI infrastructure and AEC markets driving higher long-term earnings growth expectations. Analyst Commentary Bullish analysts highlighted robust Q1 results featuring a significant "beat and raise," with guidance for subsequent quarters well ahead of consensus, demonstrating strong core business and Active Electrical Cables (AEC) program growth.

Shared on 04 Sep 25

Fair value Increased 1.15%

Credo Technology Group Holding's consensus price target was revised upward to $109.50 as analysts cited stronger customer diversification, expanding AI server market demand, and improved long-term earnings power driven by new product adoption and sector tailwinds. Analyst Commentary Bullish analysts cite further customer diversification and material upward revisions to company guidance as key factors supporting higher price targets.

Shared on 20 Aug 25

Fair value Increased 8.61%

Consensus price targets for Credo Technology Group Holding have been raised, reflecting analysts’ optimism around growing AI-driven datacenter demand, upgraded earnings forecasts, and Credo’s strengthening position in high-speed connectivity, resulting in a new fair value estimate of $106.33. Analyst Commentary Bullish analysts cite significant ramp-ups in demand from leading hyperscalers and an increased global AI server market as key growth drivers.

Shared on 01 Aug 25

Fair value Increased 9.14%

Credo Technology Group Holding's consensus price target has been revised upward, reflecting analyst optimism around accelerating EPS growth, expanding AI-driven market opportunities, and industry tailwinds supporting the company's differentiated high-speed connectivity solutions, resulting in a new target of $99.67. Analyst Commentary Bullish analysts see increased EPS power potential, projecting approximately $3 by CY27 and more than $7 longer-term, driven by a larger total addressable market (TAM) in Architecture, Engineering, and Construction, which is significantly above consensus estimates.

Shared on 01 May 25

Fair value Increased 6.94%

Shared on 24 Apr 25

Fair value Increased 1.56%