On Dec 03, major Wall Street analysts update their ratings for $Credo Technology (CRDO.US)$, with price targets ranging from $49 to $80.
BofA Securities analyst Vivek Arya upgrades to a buy rating, and adjusts the target price from $27 to $80.
Barclays analyst Thomas O'Malley maintains with a buy rating, and adjusts the target price from $32 to $80.
TD Cowen analyst Joshua Buchalter maintains with a buy rating, and adjusts the target price from $40 to $75.
Mizuho Securities analyst Vijay Rakesh maintains with a buy rating, and maintains the target price at $49.
Mizuho Securities analyst James Lee initiates coverage with a buy rating, and sets the target price at $49.
Furthermore, according to the comprehensive report, the opinions of $Credo Technology (CRDO.US)$'s main analysts recently are as follows:
A notable increase in demand for Active Electrical Cables is driving significant revisions to the fiscal forecasts for 2025 and 2026. It appears that a pivotal inflection point has been reached in terms of Active Electrical Cable uptake.
Credo Technology's significant Q2 earnings surpass and an optimistic revenue outlook for Q3 were driven by notably strong shipments of active electrical cabling (AEC). This trend is expected to strengthen further, with the potential for continued growth in AEC influenced by increased attach rates and a shift towards higher speed AECs.
Following a substantial October quarter beat and a significantly raised outlook for the January quarter, it is evident that the firm expects Credo Technology to maintain its market leadership in the AEC sector due to the hyperscalers' distinct preference for Credo's comprehensive cable solutions.
Here are the latest investment ratings and price targets for $Credo Technology (CRDO.US)$ from 7 analysts:
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美東時間12月3日，多家華爾街大行更新了$Credo Technology (CRDO.US)$的評級，目標價介於49美元至80美元。
美銀證券分析師Vivek Arya上調至買入評級，並將目標價從27美元上調至80美元。
巴克萊銀行分析師Thomas O'Malley維持買入評級，並將目標價從32美元上調至80美元。
TD Cowen分析師Joshua Buchalter維持買入評級，並將目標價從40美元上調至75美元。
瑞穗證券分析師Vijay Rakesh維持買入評級，維持目標價49美元。
瑞穗證券分析師James Lee首次給予買入評級，目標價49美元。
此外，綜合報道，$Credo Technology (CRDO.US)$近期主要分析師觀點如下：
對主動電纜需求的顯著增加正在推動2025年和2026年財政預測的重大修訂。顯然，在主動電纜的採用方面已經達到一個關鍵的轉折點。
Credo Technology在第二季度的顯著盈利超出了預期，第三季度的樂觀營業收入展望則主要得益於主動電纜（AEC）出貨量的明顯增長。預計這一趨勢將進一步加強，隨着附加率的提高和向更高速度AEC的轉變，AEC仍有持續增長的潛力。
在十月季度大幅超出預期和一月份季度展望顯著上調後，顯然該公司預計Credo Technology將在AEC板塊保持市場領導地位，因爲超大規模雲服務商對Credo全面電纜解決方案的獨特偏好。
以下爲今日7位分析師對$Credo Technology (CRDO.US)$的最新投資評級及目標價：
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