
CRDO Stock Forecast & Price Target
CRDO Analyst Ratings
Bulls say
Credo Technology Group is set to benefit from its advanced and efficient data connectivity solutions, including its Low-Loss Laser Coupling technology, that have a track record of successfully breaking bandwidth barriers. These innovative solutions are expected to drive revenue growth well above the industry average, with management projecting combined optical product revenue exceeding $500 million in FY27. The recent acquisition of DustPhotonics further enhances Credo's capabilities in the optical transceiver market, providing vertical integration for its ZF Optics product line and reducing reliance on AEC customers. With its strong growth potential, we believe Credo's EV/sales multiple should expand in the future.
Bears say
Credo Technology Group is expected to continue its dominance as a leading provider of 800G AECs in the data center market and expand its portfolio through partnerships with leading hyperscalers. The company's 1.6T AECs, which have demonstrated compatibility with next-generation graphics processors, put it in a strong position to withstand the shift from copper to optics for short-range connections. Additionally, Credo's capabilities in DSP technology give it an advantage in the optical transceiver market and have already secured partnerships with major players like AAOI to produce next-generation 800G transceivers.
This aggregate rating is based on analysts' research of Credo Technology Group Holding Ltd and is not a guaranteed prediction by Public.com or investment advice.
CRDO Analyst Forecast & Price Prediction
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