Credo Technology set for Q1 results; solid earnings growth anticipated
Solid Q1 expectations, rising target prices, and a positive earnings trajectory could lift CRDO near-term, especially if the company guides above consensus.
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Solid Q1 expectations, rising target prices, and a positive earnings trajectory could lift CRDO near-term, especially if the company guides above consensus.
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Credo Technology is set to report Q1 results after the Sept 1 close, with consensus EPS of $1.17 and revenue of $470.38M. A June 1 Q4 beat preceded a 3.1% Friday drop to $232.75, while analysts have lifted price targets into the $250–$340 range. A strong print could catalyze near-term upside for CRDO, given favorable analyst sentiment.
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