Credo Technology Group Holding (CRDO) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Credo Technology Group Holding (CRDO) Stock Forecast for 2024–2028. Sell or Buy?

Updated: July 17, 2024 (17:32)

Sector: Technology

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

Latest session on the 16th of July for
Credo Technology Group Holding Ltd is positive
Trading Volume: 3184582
Open: 33.14 /  High: 33.96 /  Low: 32.24
What analysts predict: $30.18
52-week High/Low: $33.96 / $13.38

50/200 Day Moving Average: $25.43 / $20.6

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 2024, 2025, 2026, 2027, 2028. How much will one Credo Technology Group Holding share be worth in 2024 - 2028?

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, 2024, 2025, 2026, 2027 and 2028) 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., %
Jul 19 33.82 33.52 34.10 1.74
Jul 20 33.98 33.53 34.34 2.41
Jul 21 33.58 33.19 34.11 2.77
Jul 22 33.30 33.12 33.68 1.69
Jul 23 33.04 32.80 33.51 2.18
Jul 24 33.39 32.88 33.81 2.82
Jul 25 33.56 33.22 34.08 2.61
Jul 26 33.55 33.12 34.03 2.76
Jul 27 33.39 33.02 33.87 2.57
Jul 28 32.96 32.69 33.17 1.49
Jul 29 33.19 32.71 33.40 2.11
Jul 30 32.96 32.61 33.20 1.82
Jul 31 33.58 33.29 33.99 2.10
Aug 01 33.50 33.35 33.76 1.23
Aug 02 33.84 33.65 34.37 2.15
Aug 03 33.98 33.56 34.49 2.79
Aug 04 34.42 33.96 34.74 2.29
Aug 05 35.10 34.69 35.42 2.13
Aug 06 35.33 35.04 35.64 1.69
Aug 07 35.31 35.04 35.73 1.98
Aug 08 35.03 34.49 35.31 2.38
Aug 09 34.81 34.48 35.31 2.40
Aug 10 35.01 34.52 35.57 3.02
Aug 11 34.95 34.71 35.38 1.93
Aug 12 35.31 35.17 35.51 0.98
Aug 13 35.41 34.85 35.55 2.01
Aug 14 35.52 35.14 35.85 2.02
Aug 15 35.73 35.28 36.12 2.37
Aug 16 35.48 35.02 35.92 2.57
Aug 17 35.13 34.95 35.35 1.15

Credo Technology Group Holding Daily Price Targets


Credo Technology Group Holding Stock Forecast 07-19-2024.

Forecast target price for 07-19-2024: $33.82.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 1.706%.
Pessimistic target level: 33.52
Optimistic target level: 34.10

Credo Technology Group Holding Stock Forecast 07-20-2024.

Forecast target price for 07-20-2024: $33.98.
Positive dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 2.355%.
Pessimistic target level: 33.53
Optimistic target level: 34.34

Credo Technology Group Holding Stock Forecast 07-21-2024.

Forecast target price for 07-21-2024: $33.58.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 2.697%.
Pessimistic target level: 33.19
Optimistic target level: 34.11

Credo Technology Group Holding Stock Forecast 07-22-2024.

Forecast target price for 07-22-2024: $33.30.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 1.661%.
Pessimistic target level: 33.12
Optimistic target level: 33.68

Credo Technology Group Holding Stock Forecast 07-23-2024.

Forecast target price for 07-23-2024: $33.04.
Negative dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 2.129%.
Pessimistic target level: 32.80
Optimistic target level: 33.51

Credo Technology Group Holding Stock Forecast 07-24-2024.

Forecast target price for 07-24-2024: $33.39.
Positive dynamics for Credo Technology Group Holding shares will prevail with possible volatility of 2.745%.
Pessimistic target level: 32.88
Optimistic target level: 33.81

CRDO (CRDO) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 33.94 33.21 35.11 5.41
Sep. 33.21 31.51 34.19 7.85
Oct. 33.44 32.56 34.33 5.14
Nov. 33.90 32.87 35.72 7.97
Dec. 31.62 30.05 33.54 10.41

Credo Technology Group Holding forecast for this year


Credo Technology Group Holding Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $33.9383. Pessimistic: $33.21. Optimistic: $35.11


Credo Technology Group Holding Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $33.2052. Pessimistic: $31.51. Optimistic: $34.19


Credo Technology Group Holding Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $33.4443. Pessimistic: $32.56. Optimistic: $34.33


Credo Technology Group Holding Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $33.8991. Pessimistic: $32.87. Optimistic: $35.72


Credo Technology Group Holding Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $31.6211. Pessimistic: $30.05. Optimistic: $33.54



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

Month Target Pes. Opt. Vol., %
Jan 30.58 29.85 32.47 8.06
Feb 31.37 30.56 31.87 4.09
Mar 31.77 30.14 33.06 8.84
Apr 31.29 30.18 33.01 8.57
May 29.43 27.64 31.32 11.73
Jun 27.24 26.55 28.44 6.67
Jul 28.29 26.98 29.78 9.42
Aug 30.06 28.32 30.54 7.24
Sep 29.62 27.77 31.02 10.47
Oct 29.50 27.95 30.09 7.14
Nov 29.31 27.91 30.16 7.47
Dec 31.31 29.45 32.44 9.19

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

Month Target Pes. Opt. Vol., %
Jan 31.48 29.62 33.17 10.71
Feb 30.58 29.70 31.46 5.60
Mar 28.18 26.94 29.60 8.99
Apr 27.93 26.26 28.87 9.06
May 28.83 27.51 29.52 6.80
Jun 29.15 28.50 30.41 6.29
Jul 30.10 28.64 30.80 7.04
Aug 31.96 30.30 33.49 9.54
Sep 30.68 28.74 32.55 11.69
Oct 30.56 29.60 31.71 6.63
Nov 28.31 27.22 28.81 5.50
Dec 26.66 25.59 27.66 7.48

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

Month Target Pes. Opt. Vol., %
Jan 25.50 24.22 27.05 10.48
Feb 25.54 24.03 26.46 9.19
Mar 26.44 25.11 27.52 8.76
Apr 27.40 26.67 28.03 4.85
May 28.08 26.46 28.64 7.61
Jun 28.57 26.99 29.19 7.52
Jul 29.99 28.38 31.16 8.93
Aug 29.60 29.13 31.14 6.46
Sep 30.05 28.44 31.25 9.00
Oct 29.57 28.29 30.54 7.36
Nov 29.78 28.83 30.90 6.71
Dec 28.71 28.09 29.49 4.75

Credo Technology Group Holding (CRDO) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 28.99 27.16 30.08 9.71
Feb 28.76 27.56 30.09 8.41
Mar 30.09 28.67 31.05 7.67
Apr 29.68 29.02 30.49 4.83
May 29.71 28.09 31.13 9.77
Jun 29.02 27.30 30.66 10.98
Jul 31.13 30.18 32.92 8.32
Aug 32.30 30.26 34.11 11.29
Sep 33.02 31.60 33.58 5.90
Oct 35.21 33.36 36.88 9.55
Nov 35.95 34.85 37.50 7.06
Dec 37.21 35.04 38.58 9.18

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: 5 588 209 000 $

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: -22 522 000 $

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: None

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: None

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

EPS: -0.18

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

Quarterly Earnings Growth YOY: -0.867
Quarterly Revenue Growth YOY: 0.894
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: 69.93

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

EV To Revenue: 15.36

Enterprise Value (EV) /Revenue

EV To EBITDA: -77.63

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

Shares Outstanding: 165185000

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.