Top Wall Street Forecasters Revamp Credo Technology Expectations Ahead Of Q1 Earnings

Benzinga Earnings08-31 19:09

Credo Technology Group Holding Ltd (NASDAQ:CRDO) will release its first quarter earnings report after the closing bell on Tuesday, Sept. 1.

Analysts expect the company to report quarterly earnings of $1.17 per share, up from 52 cents per share in the year-ago period. The consensus estimate for Credo Technology’s quarterly revenue is $470.38 million. It reported $223.07 million last year, according to Benzinga Pro.

On June 1, Credo Technology Group posted better-than-expected fourth-quarter earnings.

Shares of Credo Technology fell 3.1% to close at $232.75 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • Rosenblatt analyst Mike Genovese maintained a Neutral rating with a price target of $215 on Aug. 24, 2026. This analyst has an accuracy rate of 84%.
  • TD Cowen analyst Sean O’Loughlin maintained a Buy rating and increased the price target from $260 to $300 on Aug. 18, 2026. This analyst has an accuracy rate of 72%.
  • Susquehanna analyst Christopher Rolland maintained a Positive rating and raised the price target from $235 to $250 on July 21, 2026. This analyst has an accuracy rate of 81%.
  • Barclays analyst Thomas O’Malley maintained an Overweight rating and boosted the price target from $260 to $300 on July 20, 2026. This analyst has an accuracy rate of 87%.
  • B of A Securities analyst Vivek Arya maintained a Buy rating and increased the price target from $252 to $340 on June 23, 2026. This analyst has an accuracy rate of 85%.

Considering buying CRDO stock? Here’s what analysts think:

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