Earnings revisions continue to influence the crdo stock price forecast, with the last analyst upgrade raising the 12-month target from $16.50 to $19.00 amid stronger-than-expected client orders. How to Buy SMCI for a 10% Discount, or Achieve a 41% Annual Return Notably, growth doesn’t appear to be slowing. For the upcoming quarter, management has guided revenue to $155–165 million. This implies another ~15% sequential increase at the midpoint, suggesting that the next quarter will be another record-breaker. Based on that outlook, Credo is on track to roughly double its revenue for FY2025 compared to the prior year. The industry’s growth in cloud networking is directly influencing investor optimism.
