Credo Technology Group Holding Ltd (CRDO) Social Stream
CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) Price Targets From Analysts
Use the tables below to see what analysts covering CREDO TECHNOLOGY GROUP HOLDING LTD think about its future price and what recommendations they have for investors and traders.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-22 | 7 | $20 | $19 | $19.6 | $19.95 | -1.75% |
| 2022-02-23 | 7 | $20 | $19 | $19.666 | $19.95 | -1.42% |
| 2022-03-01 | 7 | $20 | $19 | $19.571 | $19.95 | -1.9% |
| 2022-03-11 | 7 | $25 | $19 | $21 | $19.95 | 5.26% |
| 2022-04-13 | 7 | $25 | $18 | $20 | $19.95 | 0.25% |
| 2022-04-26 | 7 | $25 | $18 | $20.142 | $19.95 | 0.96% |
| 2022-05-31 | 8 | $25 | $18 | $20.5 | $19.95 | 2.76% |
| 2022-06-02 | 8 | $23 | $15 | $19.125 | $19.95 | -4.14% |
| 2022-06-03 | 8 | $23 | $15 | $18.562 | $19.95 | -6.96% |
| 2022-08-25 | 8 | $20 | $15 | $17.812 | $19.95 | -10.72% |
| 2022-09-01 | 8 | $20 | $15 | $18.062 | $19.95 | -9.46% |
| 2022-09-17 | 8 | $20 | $15 | $18.125 | $19.95 | -9.15% |
| 2022-11-21 | 8 | $20 | $15 | $18 | $19.95 | -9.77% |
| 2022-12-02 | 8 | $20 | $17 | $18.625 | $19.95 | -6.64% |
| 2023-01-27 | 8 | $20 | $18 | $18.875 | $19.95 | -5.39% |
| 2023-02-16 | 8 | $19 | $11 | $15 | $19.95 | -24.81% |
| 2023-03-02 | 5 | $19 | $11 | $14.428 | $19.95 | -27.68% |
| 2023-05-25 | 6 | $19 | $11 | $14.428 | $19.95 | -27.68% |
| 2023-06-01 | 7 | $19 | $11 | $16 | $19.95 | -19.8% |
| 2023-06-06 | 7 | $18 | $14 | $16.285 | $19.95 | -18.37% |
| 2023-06-25 | 7 | $24 | $14 | $17.142 | $19.95 | -14.08% |
| 2023-08-25 | 7 | $24 | $14 | $17.571 | $19.95 | -11.92% |
| 2023-08-28 | 7 | $24 | $16 | $18.571 | $19.95 | -6.91% |
| 2023-10-02 | 9 | $24 | $16 | $18.5 | $19.95 | -7.27% |
| 2023-11-22 | 9 | $24 | $16 | $18.666 | $19.95 | -6.44% |
| 2023-11-30 | 9 | $24 | $16 | $19.777 | $19.95 | -0.87% |
| 2023-12-15 | 9 | $25 | $18 | $21.888 | $19.95 | 9.71% |
| NA | 5 | $NA | $NA | $NA | $19.95 | NA% |
The Trend in the Analyst Price Target
CRDO's average price target has moved up $3.01 over the prior 48 weeks.
CRDO reports an average of 19.04% for its upside potential over the past 48 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-24 | 8 | 20 | 18 | 18.875 | 17.08 | 10.51% |
| 2023-06-02 | 7 | 18 | 14 | 16.285 | 16.46 | -1.06% |
| 2023-06-25 | 7 | 24 | 14 | 17.142 | 17.44 | -1.71% |
| 2023-10-02 | 9 | 24 | 16 | 18.500 | 15.94 | 16.06% |
| 2023-10-09 | 9 | 24 | 16 | 18.666 | 16.64 | 12.18% |
CRDO Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.67 | 6 | 1 | 1 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
Over the past 16 months, CRDO's average broker recommendation rating worsened by 0.55.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CRDO as an investment opportunity.
- In the context of all US stocks, CREDO TECHNOLOGY GROUP HOLDING LTD's upside potential (average analyst target price relative to current price) is greater than 578.73% of them.
- CRDO has a greater average analyst price target than 657.61% of Technology stocks.
- In the context of Technology stocks, CREDO TECHNOLOGY GROUP HOLDING LTD's variance in analysts' estimates is lower than -895.31% of them.
- In terms of how CREDO TECHNOLOGY GROUP HOLDING LTD fares relative to Technology stocks, note that its number of analysts covering the stock is higher than 991.21% of that group.
In the Electronic Equipment industry, NNDM, MVIS, and NXT are the three stocks most similar to CREDO TECHNOLOGY GROUP HOLDING LTD regarding the price target and analyst recommendation information presented here.
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