Credo Technology Group Holding Ltd (CRDO) Social Stream



Credo Technology Group Holding Ltd (CRDO): $15.29

0.27 (+1.80%)

POWR Rating

Component Grades

Momentum

B

Stability

D

Sentiment

Quality

C

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Industry: Technology - Services

Industry

C

Ranked

#73 of 76

in industry

CREDO TECHNOLOGY GROUP HOLDING LTD (CRDO) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering CRDO.

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 $15.1 29.8%
2022-02-23 7 $20 $19 $19.666 $15.1 30.24%
2022-03-01 7 $20 $19 $19.571 $15.1 29.61%
2022-03-11 7 $25 $19 $21 $15.1 39.07%
2022-04-13 7 $25 $18 $20 $15.1 32.45%
2022-04-26 7 $25 $18 $20.142 $15.1 33.39%
2022-05-31 8 $25 $18 $20.5 $15.1 35.76%
2022-06-02 8 $23 $15 $19.125 $15.1 26.66%
2022-06-03 8 $23 $15 $18.562 $15.1 22.93%
2022-08-25 8 $20 $15 $17.812 $15.1 17.96%
2022-09-01 8 $20 $15 $18.062 $15.1 19.62%
2022-09-17 8 $20 $15 $18.125 $15.1 20.03%
2022-11-21 8 $20 $15 $18 $15.1 19.21%
2022-12-02 8 $20 $17 $18.625 $15.1 23.34%
2023-01-27 8 $20 $18 $18.875 $15.1 25%
2023-02-16 8 $19 $11 $15 $15.1 -0.66%
2023-03-02 5 $19 $11 $14.428 $15.1 -4.45%
2023-05-25 6 $19 $11 $14.428 $15.1 -4.45%
2023-06-01 7 $19 $11 $16 $15.1 5.96%
2023-06-06 7 $18 $14 $16.285 $15.1 7.85%
2023-06-25 7 $24 $14 $17.142 $15.1 13.52%
2023-08-25 7 $24 $14 $17.571 $15.1 16.36%
2023-08-28 7 $24 $16 $18.571 $15.1 22.99%
NA 5 $NA $NA $NA $15.1 NA%

The Trend in the Analyst Price Target


CRDO's average price target has moved up $0.14 over the prior 40 weeks.

CRDO reports an average of 23.35% for its upside potential over the past 45 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2022-10-20 8 20 15 18.000 11.38 58.17%
2023-02-24 5 19 11 14.428 10.51 37.28%
2023-03-02 5 19 11 14.428 10.26 40.62%
2023-04-05 6 19 11 14.428 9.04 59.6%
2023-08-28 7 24 16 18.142 15.51 16.97%

CRDO Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
1.86 4 1 1 0 0 7

The Trend in the Broker Recommendations


Over the past 13 months, CRDO's average broker recommendation rating worsened by 0.74.

Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.

  • CRDO has a higher average analyst price target than 586.12% of all US stocks.
  • CREDO TECHNOLOGY GROUP HOLDING LTD's variance in analysts' estimates is lower than -683.73% of Technology stocks.
  • In terms of how CREDO TECHNOLOGY GROUP HOLDING LTD fares relative to Technology stocks, note that its number of analysts covering the stock is greater than 815.92% of that group.
  • CREDO TECHNOLOGY GROUP HOLDING LTD's upside potential (average analyst target price relative to current price) is higher than 810.61% of Electronic Equipment stocks.

In the Electronic Equipment industry, NNDM, MVIS, and COMM are the three stocks most similar to CREDO TECHNOLOGY GROUP HOLDING LTD regarding the price target and analyst recommendation information presented here.

Is CRDO a Buy, Hold or Sell? See the POWR Ratings now!


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