Is Credo Technology (CRDO) One of the Best Up and Coming Stocks to Buy According to Wall Street?

Group 1 - Credo Technology Group Holding Ltd. is recognized as a promising stock by Wall Street, with a recent price target adjustment from Bank of America to $200 from $240 while maintaining a Buy rating [1] - In FQ2 2026, Credo achieved record revenue of $268 million, marking a 20% sequential increase and a 272% year-over-year surge, driven by AI training and inference cluster expansion [2] - The company reported that four domestic customers contributed significantly to its revenue, with the largest customer accounting for 42% of total revenue [3] Group 2 - Credo projects revenue between $335 million and $345 million and has raised its full FY2026 revenue growth forecast from 120% to over 170% year-over-year, indicating strong sector demand [4] - The company's Active Electrical Cable line is its fastest-growing segment, recognized for its reliability and energy efficiency compared to traditional optics [3]