Quick Read – CRDO surged 253% in a year; 24/7 Wall St. rates it HOLD with a $245 target, implying 5% downside from the current $259 price. – Credo’s Active Electrical Cables run 1,000x more reliably at half optical’s power, opening markets potentially an order of magnitude…
rger than scale-out. – Q4 FY2026 revenue surged 157% to $437M, and a fourth hyperscaler just crossed the 10% revenue threshold while a fifth is qualifying. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Credo Technology Group didn’t make the cut. Grab the names FREE today
Credo Technology (NASDAQ:CRDO) has become one of the AI infrastructure trade’s most explosive winners, with shares up 252.99% over the past year and 80.28% year-to-date. The question on every shareholder’s mind is whether the stock can punch through $300 before December. Our 24/7 Wall St. price target for Credo is $244.97, sitting just below the current quote of $259.41.
We rate shares a hold with high conviction. 24/7 Wall St. Price Target Summary Why We Could Be Wrong Our 24/7 Wall St. price target of $244.97 sits modestly below where Credo trades today. This is one of the AI complex’s most volatile names, and real upside could come from a hyperscaler raising AI capex guidance or from Credo’s 1.6T optical DSP reaching production faster than expected.