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Asset logo for symbol CRDO
Credo Technology Group Holding Ltd Ordinary Shares
CRDO59
$37.02arrow_drop_up6.08%$2.11
Asset logo for symbol CRDO
CRDO59

$37.02

arrow_drop_up6.08%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Credo Technology Group Holding Ltd Ordinary Shares (CRDO) Stocklytics Forecast

The stock price of Credo Technology Group Holding Ltd Ordinary Shares (CRDO) is a subject of speculation among investors. While it is challenging to accurately predict the future price of any stock, there are various tools and methodologies used to forecast stock prices. Artificial intelligence (AI) and machine learning algorithms have gained popularity in the financial industry for their ability to analyze large amounts of data and make predictions based on patterns and trends.
In 2023, some analysts project that the stock price of Credo Technology Group Holding Ltd Ordinary Shares (CRDO) will experience growth. However, it is important to take these forecasts with caution as they are based on assumptions and market conditions can change rapidly. It is always recommendable to do thorough research and seek advice from financial professionals before making any investment decisions. Investors should also consider the future prospects of the company, its financial stability, and its competitive position in the industry before buying CRDO stock.
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Frequently Asked Questions

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What is the analyst price prediction for Credo Technology Group Holding Ltd Ordinary Shares (CRDO) stock?

Analysts have set a target price of $22.54 for Credo Technology Group Holding Ltd Ordinary Shares (CRDO), based on forecasts from 24 analysts. The predicted price range extends from a high of $30 to a low of $14. This represents a potential increase of up to -18.96% and a decrease of -62.18% from the current price of $37.02. These forecasts are as of 2023 Feb 15.
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What are the analyst ratings for Credo Technology Group Holding Ltd Ordinary Shares (CRDO) stock?

The analyst ratings for Credo Technology Group Holding Ltd Ordinary Shares (CRDO) are distributed as follows: 12 analysts recommend buying, 0 have a neutral stance, and 0 suggest selling. There is a split consensus, with equal support for two of the rating categories. These ratings indicate the general sentiment among the analysts covering Credo Technology Group Holding Ltd Ordinary Shares.
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What is the AI price prediction for Credo Technology Group Holding Ltd Ordinary Shares (CRDO) stock?

At present, there is no AI or machine-learning-based price prediction available for Credo Technology Group Holding Ltd Ordinary Shares (CRDO) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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