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CRDOBullishEarningsnews
High materiality8/10

Credo Technology set for Q1 results; solid earnings growth anticipated

Aug 31, 2026, 7:31 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

Solid Q1 expectations, rising target prices, and a positive earnings trajectory could lift CRDO near-term, especially if the company guides above consensus.

AI summary

What happened, with direct paths to the underlying reporting

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.

  • Credo to report Q1 after Sep 1 close. EPS $1.17, rev $470.38M.
  • June 1 Q4 beat; shares closed at $232.75, down 3.1%.
  • Analysts lift targets; BofA $340, Barclays $300, TD Cowen $300.
  • Q1 revenue expected to rise to $470.38M from last year $223.07M.

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