Credo Technology Group Holding (CRDO) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Credo Technology Group Holding (CRDO) Stock Forecast for 2023 – 2026. Sell or Buy?

Updated: December 2, 2023 (12:38)

Sector: Technology

The share price of Credo Technology Group Holding Ltd (CRDO) now

What analysts predict: $19.49
52-week High/Low: $19.46 / $7.2

50/200 Day Moving Average: $15.58 / $13.61

This figure corresponds to the Average Price over the previous 50/200 days. For Credo Technology Group Holding stocks, the 50-day moving average is the support level today.

For Credo Technology Group Holding stocks, the 200-day moving average is the support level today.

Are you interested in Credo Technology Group Holding Ltd stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Credo Technology Group Holding stock price in 2023, 2024, 2025, 2026, 2027. How much will one Credo Technology Group Holding share be worth in 2023 - 2027?

When should I take profit in Credo Technology Group Holding stock? When should I record a loss on Credo Technology Group Holding stock? What are analysts' forecasts for Credo Technology Group Holding stock? What is the future of Credo Technology Group Holding stock? We forecast Credo Technology Group Holding stock performance using neural networks based on historical data on Credo Technology Group Holding stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Credo Technology Group Holding stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Credo Technology Group Holding shares. This happens once a day.




Historical and forecast chart of Credo Technology Group Holding stock

The chart below shows the historical price of Credo Technology Group Holding stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Credo Technology Group Holding stock price can be found in the table below.

Long-term forecasts by years.

Credo is an innovator in providing secure, high-speed connectivity solutions that deliver increased power and cost efficiency as data rates and associated bandwidth requirements grow exponentially across the entire data infrastructure market.

Credo Technology Group Holding daily forecast for a month

Date Target Pes. Opt. Vol., %
Dec 04 19.61 19.51 19.71 1.01
Dec 05 19.50 19.29 19.67 1.97
Dec 06 19.49 19.30 19.71 2.12
Dec 07 19.15 19.01 19.53 2.69
Dec 08 19.06 18.81 19.42 3.24
Dec 09 19.05 18.96 19.19 1.21
Dec 10 19.20 19.05 19.30 1.28
Dec 11 19.41 19.24 19.68 2.29
Dec 12 19.31 19.04 19.59 2.86
Dec 13 19.30 19.12 19.65 2.80
Dec 14 19.03 18.70 19.38 3.66
Dec 15 19.25 18.98 19.47 2.56
Dec 16 19.09 18.91 19.37 2.40
Dec 17 19.38 19.05 19.58 2.77
Dec 18 19.83 19.67 20.06 1.99
Dec 19 19.85 19.71 20.15 2.27
Dec 20 19.66 19.54 19.92 1.99
Dec 21 19.82 19.64 20.00 1.84
Dec 22 19.34 19.09 19.61 2.74
Dec 23 19.01 18.84 19.23 2.09
Dec 24 18.84 18.71 19.11 2.11
Dec 25 18.55 18.43 18.87 2.36
Dec 26 18.90 18.65 19.19 2.91
Dec 27 18.86 18.76 19.15 2.06
Dec 28 19.04 18.91 19.21 1.59
Dec 29 19.25 19.06 19.56 2.63
Dec 30 18.83 18.50 19.08 3.13
Dec 31 18.46 18.10 18.68 3.19
Jan 01 18.60 18.49 18.98 2.64
Jan 02 18.53 18.36 18.80 2.40

Credo Technology Group Holding Daily Price Targets


Credo Technology Group Holding Stock Forecast 12-04-2023.

Forecast target price for 12-04-2023: $19.61.
Positive dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 0.995%.
Pessimistic target level: 19.51
Optimistic target level: 19.71

Credo Technology Group Holding Stock Forecast 12-05-2023.

Forecast target price for 12-05-2023: $19.50.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 1.934%.
Pessimistic target level: 19.29
Optimistic target level: 19.67

Credo Technology Group Holding Stock Forecast 12-06-2023.

Forecast target price for 12-06-2023: $19.49.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 2.077%.
Pessimistic target level: 19.30
Optimistic target level: 19.71

Credo Technology Group Holding Stock Forecast 12-07-2023.

Forecast target price for 12-07-2023: $19.15.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 2.624%.
Pessimistic target level: 19.01
Optimistic target level: 19.53

Credo Technology Group Holding Stock Forecast 12-08-2023.

Forecast target price for 12-08-2023: $19.06.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 3.142%.
Pessimistic target level: 18.81
Optimistic target level: 19.42

Credo Technology Group Holding Stock Forecast 12-09-2023.

Forecast target price for 12-09-2023: $19.05.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 1.192%.
Pessimistic target level: 18.96
Optimistic target level: 19.19

CRDO (CRDO) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Dec. 19.88 18.89 20.44 7.55

Credo Technology Group Holding forecast for this year


Credo Technology Group Holding Stock Prediction for Dec 2023

An uptrend is forecast for this month with an optimal target price of $19.879. Pessimistic: $18.89. Optimistic: $20.44



Credo Technology Group Holding (CRDO) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 20.24 19.73 21.18 6.88
Feb 19.63 18.50 20.74 10.83
Mar 18.94 18.41 20.01 8.02
Apr 18.18 17.41 19.26 9.59
May 19.14 18.64 19.91 6.38
Jun 19.37 18.61 20.28 8.25
Jul 19.90 19.42 21.11 7.99
Aug 20.15 19.12 21.17 9.67
Sep 20.18 19.15 21.48 10.83
Oct 19.31 18.96 20.01 5.25
Nov 18.71 17.77 19.67 9.67
Dec 19.79 19.27 20.34 5.29

Credo Technology Group Holding (CRDO) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 19.11 18.37 19.67 6.60
Mar 19.81 19.43 20.86 6.84
Mar 19.46 19.07 20.43 6.63
Apr 20.83 20.10 21.66 7.23
May 20.10 19.13 21.09 9.30
Jun 20.50 20.12 21.30 5.54
Jul 20.27 19.82 21.28 6.86
Aug 19.74 19.21 20.76 7.45
Sep 18.95 18.23 19.66 7.25
Oct 19.02 18.22 19.45 6.34
Nov 18.29 17.12 18.94 9.58
Dec 17.84 17.48 18.58 5.91

Credo Technology Group Holding (CRDO) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 18.78 18.42 19.41 5.11
Mar 18.51 18.14 19.00 4.52
Mar 19.09 18.05 19.42 7.08
Apr 19.13 18.38 20.02 8.18
May 18.60 17.53 19.24 8.89
Jun 18.06 17.24 18.75 8.09
Jul 17.66 16.99 18.66 8.93
Aug 18.63 17.45 19.21 9.15
Sep 19.96 18.81 20.87 9.87
Oct 19.41 18.59 20.14 7.71
Nov 20.69 19.46 21.32 8.70
Dec 21.70 21.33 23.05 7.45

Credo Technology Group Holding (CRDO) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 22.11 21.37 23.35 8.48
Mar 22.63 21.58 23.64 8.73
Mar 22.75 21.88 23.41 6.53
Apr 21.13 20.00 22.35 10.51
May 21.93 21.12 22.54 6.30
Jun 22.75 21.75 23.19 6.20
Jul 23.35 22.42 23.91 6.25
Aug 24.55 23.53 25.32 7.06
Sep 25.71 25.26 27.21 7.18
Oct 26.02 24.89 26.87 7.36
Nov 26.31 25.38 27.40 7.37
Dec 27.19 26.17 27.80 5.87

Credo Technology Group Holding information and performance

Credo Technology Group Holding Address

C/O MAPLES CORPORATE SERVICES, LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN, KY

Market Capitalization: 2 900 060 000 $

Market capitalization of the Credo Technology Group Holding Ltd is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of CRDO shares in the company outstanding by the market price of one share.

EBITDA: -22 173 000 $

EBITDA of Credo Technology Group Holding is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.19

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: -0.245
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 111.11

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 11.39

Enterprise Value (EV) /Revenue

EV To EBITDA: 1316.82

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 150029000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.