Credo Technology Group received conflicting analyst ratings on August 24, 2026.
Stifel reiterated a Buy rating and established a $350 price target. The firm anticipates an earnings beat driven by Active Electrical Cable (AEC) ramps at multiple hyperscalers. Stifel also projects significant growth from the company's optical product sales.
Rosenblatt Securities reaffirmed a Neutral rating with a $215 price objective. This target suggests a potential downside from the stock's previous closing price. Analysts remain divided on valuation following the stock's significant price rally over the past year.