Credo Technology Group Holding Future Growth
Future criteria checks 6/6
Credo Technology Group Holding is forecast to grow earnings and revenue by 95% and 32.5% per annum respectively. EPS is expected to grow by 67% per annum. Return on equity is forecast to be 30.1% in 3 years.
Key information
95.0%
Earnings growth rate
67.0%
EPS growth rate
| Semiconductor earnings growth | 27.0% |
| Revenue growth rate | 32.5% |
| Future return on equity | 30.1% |
| Analyst coverage | Good |
| Last updated | 16 Sep 2024 |
Recent future growth updates
Recent updates
Credo Technology Group Holding Ltd's (NASDAQ:CRDO) 36% Jump Shows Its Popularity With Investors
Aug 30
Credo Technology: AI Revenue Doubling In FY25; Initiate With 'Buy'
Aug 14Revenues Tell The Story For Credo Technology Group Holding Ltd (NASDAQ:CRDO) As Its Stock Soars 55%
Jun 19Analysts Are Updating Their Credo Technology Group Holding Ltd (NASDAQ:CRDO) Estimates After Its Full-Year Results
Jun 01Credo Technology Group Holding Ltd (NASDAQ:CRDO) Not Lagging Industry On Growth Or Pricing
Apr 30Credo 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 20Companies 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 15Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 4/30/2027 | 662 | 85 | 152 | 120 | 5 |
| 4/30/2026 | 500 | 88 | 112 | 140 | 11 |
| 4/30/2025 | 320 | 12 | 4 | 25 | 10 |
| 8/3/2024 | 218 | -26 | -15 | 1 | N/A |
| 4/27/2024 | 193 | -28 | 17 | 33 | N/A |
| 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 (2.5%).
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 (32.5% per year) is forecast to grow faster than the US market (8.8% per year).
High Growth Revenue: CRDO's revenue (32.5% 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 high in 3 years time (30.1%)