Credo Technology Group Holding Future Growth
Future criteria checks 5/6
Credo Technology Group Holding is forecast to grow earnings and revenue by 123.6% and 37.2% per annum respectively. EPS is expected to grow by 124.4% per annum. Return on equity is forecast to be 11.4% in 3 years.
Key information
123.6%
Earnings growth rate
124.4%
EPS growth rate
| Semiconductor earnings growth | 24.2% |
| Revenue growth rate | 37.2% |
| Future return on equity | 11.4% |
| Analyst coverage | Good |
| Last updated | 15 Apr 2024 |
Recent future growth updates
Recent updates
Credo Technology: Positive On Growth Acceleration And Customer Base Diversification
Apr 10Credo Technology: Comparative Metrics Vs. Main Competitors Broadcom And Marvell
Mar 08Is Credo Technology Group Holding Ltd (NASDAQ:CRDO) Trading At A 33% Discount?
Jan 20
Companies Like Credo Technology Group Holding (NASDAQ:CRDO) Can Afford To Invest In Growth
Aug 18Are Investors Undervaluing Credo Technology Group Holding Ltd (NASDAQ:CRDO) By 44%?
May 23Credo Technology Group Holding (NASDAQ:CRDO) Is In A Strong Position To Grow Its Business
Apr 27Credo Technology Group Holding Ltd Just Beat EPS By 300%: Here's What Analysts Think Will Happen Next
Mar 05We Think Credo Technology Group Holding (NASDAQ:CRDO) Can Easily Afford To Drive Business Growth
Jan 15Credo Technology Group Holding Ltd's (NASDAQ:CRDO) Intrinsic Value Is Potentially 91% Above Its Share Price
Oct 12Credo Technology: The Future Is Bright
Sep 26Credo Technology Group Holding (NASDAQ:CRDO) Is In A Strong Position To Grow Its Business
Aug 24Credo Could Stumble On Lockup Expiration
Jul 20Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 4/30/2026 | 448 | 69 | 96 | 125 | 9 |
| 4/30/2025 | 309 | 25 | 18 | 37 | 12 |
| 4/30/2024 | 193 | -17 | 19 | 32 | 10 |
| 1/27/2024 | 164 | -34 | 0 | 17 | N/A |
| 10/28/2023 | 165 | -31 | -3 | 15 | N/A |
| 7/29/2023 | 173 | -28 | -10 | 12 | N/A |
| 4/29/2023 | 184 | -17 | -46 | -25 | N/A |
| 1/28/2023 | 190 | -6 | -38 | -10 | N/A |
| 10/29/2022 | 167 | -9 | -30 | -6 | N/A |
| 7/30/2022 | 142 | -10 | -56 | -34 | N/A |
| 4/30/2022 | 106 | -22 | -48 | -31 | N/A |
| 1/31/2022 | 89 | -20 | -52 | -45 | N/A |
| 10/31/2021 | 70 | -25 | -59 | -52 | N/A |
| 7/31/2021 | 58 | -35 | -53 | -46 | N/A |
| 4/30/2021 | 59 | -28 | -48 | -42 | N/A |
| 4/30/2020 | 54 | N/A | -19 | -10 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CRDO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: CRDO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CRDO is expected to become profitable in the next 3 years.
Revenue vs Market: CRDO's revenue (37.2% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: CRDO's revenue (37.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CRDO's Return on Equity is forecast to be low in 3 years time (11.4%).