These Analysts Boost Their Forecasts On Credo Technology Group Following Upbeat Q4 Results
1. CRDO reported Q4 revenue of $170.03 million, exceeding expectations. 2. Adjusted earnings reached 35 cents per share, above the anticipated 28 cents. 3. CEO noted strong demand for energy-efficient connectivity solutions with AI applications. 4. Q1 revenue is expected between $185 million to $195 million, surpassing estimates. 5. Analysts raised price targets, reflecting confidence in CRDO's growth potential.