Credo Technology Group Holding Ltd (NASDAQ:CRDO) is highlighted as one of the High Growth International Stocks to Buy Now. Needham and Roth MKM reiterated Buy ratings, with price targets of $220 and $200, respectively.

Following positive preliminary fiscal Q3 2026 revenue results, Credo Technology expects revenue between $404 million to $408 million, surpassing Street estimates of $369.3 million.

Management now anticipates mid-single-digit percentage Q4 revenue growth and projects continued strong performance into fiscal 2027, indicating around 200% year-over-year growth for fiscal year 2026.

Needham updated revenue projections for Credo Technology, forecasting $1.92 billion for fiscal year 2027 and $2.30 billion for fiscal year 2028. De Silva highlighted the company’s strong performance due to increased demand and favorable pricing in the AEC cabling sector.

Credo Technology Group Holding Ltd specializes in high-speed connectivity solutions for data infrastructure, focusing on eliminating bandwidth limitations in Ethernet and PCIe applications. Despite its potential, some AI stocks offer greater upside potential and lower downside risk.

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Read more at Yahoo Finance: Needham Remains a Buy on Credo Technology (CRDO)