This article first appeared on GuruFocus.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) is ready to launch its Q1 2027 earnings on Sep 1, 2026. The consensus estimate for Q1 2027 income is 471.77 million, and the earnings are anticipated to return in at 0.91 per share. The full 12 months 2027’s income is predicted to be $2459.65 million and the earnings are anticipated to be $5.05 per share. More detailed estimate knowledge could be discovered on the Forecast page
Credo Technology Group Holding Ltd (NASDAQ:CRDO) Estimates Trends
Revenue estimates for Credo Technology Group Holding Ltd (NASDAQ:CRDO) have elevated from $2256.94 million to $2459.65 million for the complete 12 months 2027 and elevated from $3193.38 million to $3662.38 million for 2028 over the previous 90 days. Earnings estimates for Credo Technology Group Holding Ltd (NASDAQ:CRDO) have elevated from $4.18 per share to $5.05 per share for the complete 12 months 2027 and elevated from $5.81 per share to $7.76 per share for 2028 over the previous 90 days.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) Reported History
In the earlier quarter of 2026-04-30, Credo Technology Group Holding Ltd’s (NASDAQ:CRDO) precise income was $437 million, which beat analysts’ income expectations of $432.05 million by 1.15%. Credo Technology Group Holding Ltd’s (NASDAQ:CRDO) precise earnings had been $0.88 per share, which beat analysts’ earnings expectations of $0.79 per share by 11.39%. After releasing the outcomes, Credo Technology Group Holding Ltd (NASDAQ:CRDO) was up by 1.28% in in the future.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) 12 Month Price Targets
Based on the one-year worth targets provided by 19 analysts, the common goal worth for Credo Technology Group Holding Ltd (NASDAQ:CRDO) is $287.41 with a excessive estimate of $350 and a low estimate of $215. The common goal implies an upside of 23.48% from the present worth of $232.75.
Based on GuruFocus estimates, the estimated GF Value for Credo Technology Group Holding Ltd (NASDAQ:CRDO) in a single 12 months is $380.72, suggesting an upside of 63.57% from the present worth of $232.75.
Based on the consensus advice from 22 brokerage companies, Credo Technology Group Holding Ltd’s (NASDAQ:CRDO) common brokerage advice is at present 1.7, indicating an “Outperform” standing. The ranking scale ranges from 1 to five, the place 1 signifies Strong Buy, and 5 denotes Sell.
