{"id":277161,"date":"2026-06-20T11:37:00","date_gmt":"2026-06-20T15:37:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/20\/up-218-in-the-last-12-months-can-credo-technology-stock-keep-climbing-in-2026\/"},"modified":"2026-06-20T14:45:15","modified_gmt":"2026-06-20T18:45:15","slug":"up-218-in-the-last-12-months-can-credo-technology-stock-keep-climbing-in-2026","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/20\/up-218-in-the-last-12-months-can-credo-technology-stock-keep-climbing-in-2026\/","title":{"rendered":"Up 218% in the Last 12 Months, Can Credo Technology Stock Keep Climbing in 2026?"},"content":{"rendered":"<p><a href=\"https:\/\/www.tikr.com\/blog\/crdo-up-218-in-the-last-12-months-can-credo-technology-nasdaq-stock-keep-climbing-in-2026\">Up 218% in the Last 12 Months, Can Credo Technology Stock Keep Climbing in 2026?<\/a><\/p>\n<p><a href=\"https:\/\/www.tikr.com\/blog\/crdo-up-218-in-the-last-12-months-can-credo-technology-nasdaq-stock-keep-climbing-in-2026\">https:\/\/www.tikr.com\/blog\/crdo-up-218-in-the-last-12-months-can-credo-technology-nasdaq-stock-keep-climbing-in-2026<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-06-20 11:37:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.tikr.com\">www.tikr.com<\/a><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\"><strong>Key Takeaways:<\/strong><\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>Revenue Tripled: <\/strong>Credo grew fiscal 2026 revenue to $1.3 billion, up 206% year-over-year, while non-GAAP net income rose more than 5x. <\/li>\n<li><strong>Price Projection: <\/strong>Based on current execution, CRDO stock could reach $485 by April 2029. <\/li>\n<li><strong>Potential Gains:<\/strong> That target points to a 78% total return from the current price of $271.83. <\/li>\n<li><strong>Annual Return:<\/strong> Investors could see roughly 22% growth each year over the next 2.9 years.<\/li>\n<\/ul>\n<p><strong><strong><strong><strong><strong>Now Live: Discover how much upside your favorite stocks could have using TIKR\u2019s new Valuation Model (It\u2019s free)<\/strong><\/strong><\/strong><strong><\/strong><\/strong><\/strong><\/p>\n<p>Credo Technology (CRDO) closed fiscal 2026 with another record quarter. Q4 revenue hit $437 million, up 7% sequentially and 157% year-over-year. Notably, Q4 revenue alone exceeded the company\u2019s entire fiscal 2025 revenue.<\/p>\n<ul class=\"wp-block-list\">\n<li>Non-GAAP gross margin reached 68.3% in Q4, above the high end of guidance.<\/li>\n<li>Non-GAAP net income hit $227 million in Q4, more than tripling year-over-year.<\/li>\n<li>Free cash flow reached $177.5 million in the quarter, up nearly $38 million sequentially.<\/li>\n<li>Cash and equivalents ended at $1.4 billion, even after closing the Dust Photonics acquisition.<\/li>\n<li>Q1 fiscal 2027 guidance calls for revenue of $465 to $475 million, implying continued sequential growth.<\/li>\n<\/ul>\n<p>Credo trades around $271. Investors who believe the AI data center connectivity buildout is still in early innings may find meaningful upside from here.<\/p>\n<p><strong>See analysts\u2019 full growth forecasts and estimates for CRDO stock (It\u2019s free) <\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-what-the-model-says-for-credo-technology-stock\">What the Model Says for Credo Technology Stock<\/h2>\n<p>We looked at Credo as the company best positioned to solve one of AI infrastructure\u2019s biggest unsolved problems: network reliability at scale.<\/p>\n<p>As AI clusters grow from tens of thousands to hundreds of thousands of GPUs, a single link failure can cascade into hours of downtime and millions in lost compute value. <\/p>\n<p>Credo\u2019s active electrical cables deliver up to 1,000x greater reliability than standard optical modules while consuming less power&#8230;.<\/p>\n<p><a href=\"https:\/\/www.tikr.com\/blog\/crdo-up-218-in-the-last-12-months-can-credo-technology-nasdaq-stock-keep-climbing-in-2026\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Up 218% in the Last 12 Months, Can Credo Technology Stock Keep Climbing in 2026?&#8230;<\/p>\n","protected":false},"author":1,"featured_media":277163,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/res.cloudinary.com\/tikr\/images\/w_600,h_400,c_scale\/f_webp,q_auto\/v1781860697\/images\/CRDO-stock_1119192b205\/CRDO-stock_1119192b205.png?_i=AA","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-277161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/277161"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=277161"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/277161\/revisions"}],"predecessor-version":[{"id":277164,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/277161\/revisions\/277164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/277163"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=277161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=277161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=277161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}