Credo Technology Group Holding Ltd. (CRDO)
NASDAQ:CRDO
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CRDO Stock Chart & Stats
$160.69
-$3.88(-5.15%)
At close: 4:00 PM EST
$160.69
-$3.88(-5.15%)
Day’s Range― - ―
52-Week Range$66.75 - $245.95
Previous CloseN/A
Volume1.24M
Average Volume (3M)6.95M
Market Cap
$42.24B
Enterprise Value$42.33B
Total Cash (Recent Filing)$1.30B
Total Debt (Recent Filing)$12.62M
Price to Earnings (P/E)83.9
Beta3.50
Next Earnings
Sep 09, 2026EPS Estimate
1.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.91
Shares Outstanding184,449,940
10 Day Avg. Volume8,620,042
30 Day Avg. Volume6,945,312
Financial Highlights & Ratios
PEG Ratio-0.51
Price to Book (P/B)10.58
Price to Sales (P/S)16.51
P/FCF Ratio248.47
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue39.63
Enterprise Value/Gross Profit58.43
Enterprise Value/Ebitda120.85
Forecast
1Y Price Target
$258.07Price Target Upside60.60% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)5.21
Revenue Forecast (FY)$2.23B
Bulls Say, Bears Say
Bulls Say
High And Improving MarginsSustained industry-leading gross and net margins indicate durable product differentiation and pricing power in high-speed connectivity. High margins support reinvestment, buffer cyclicality in hardware cycles, and enable rapid scaling of profitability as revenue ramps from optics and new product lines.
Strong Cash Flow And Conservative LeverageRobust operating cash and FCF, paired with negligible net debt, provide lasting financial flexibility for R&D, capacity investments, and M&A without immediate capital raises. This balance-sheet strength improves resilience to cyclical downturns and funds multi-year optics and product roadmaps.
Strategic Optics Expansion Via Dust PhotonicsAdding silicon-photonics IP and related design wins materially expands Credo's addressable market into optical interconnects. This structural shift creates multi-year revenue levers (800G–3.2Tbps roadmap) and diversifies product mix away from copper retimers, supporting sustainable top-line and mix improvement.
Bears Say
Customer Concentration And Revenue LumpinessHeavy dependence on a few large customers concentrates execution and demand risk: single-customer shipment timing or design-cycle changes can create quarter-to-quarter volatility. Over the medium term this limits revenue predictability and increases negotiation leverage of major buyers.
Advanced-node & Supply-chain Capacity RisksReliance on advanced process nodes for high-speed chips exposes ramps to foundry capacity and node allocation. Persistent node or supplier constraints can delay product availability and optics ramp timelines, impeding multi-quarter volume growth despite solid demand.
Short Track Record Of Sustained ProfitabilityThe company’s strong margins and cash flow are recent; historically volatile profitability and past losses mean durability is unproven across cycles. Maintaining current high margins and FCF through hardware demand swings remains a key structural risk until multi-year consistency is demonstrated.
Credo Technology Group Holding Ltd News
CRDO FAQ
What was Credo Technology Group Holding Ltd.’s price range in the past 12 months?
Credo Technology Group Holding Ltd. lowest stock price was $66.75 and its highest was $245.95 in the past 12 months.
What is Credo Technology Group Holding Ltd.’s market cap?
Credo Technology Group Holding Ltd.’s market cap is $42.24B.
When is Credo Technology Group Holding Ltd.’s upcoming earnings report date?
Credo Technology Group Holding Ltd.’s upcoming earnings report date is Sep 09, 2026 which is in 96 days.
How were Credo Technology Group Holding Ltd.’s earnings last quarter?
Credo Technology Group Holding Ltd. released its earnings results on Jun 01, 2026. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.025 by $0.135.
Is Credo Technology Group Holding Ltd. overvalued?
According to Wall Street analysts Credo Technology Group Holding Ltd.’s price is currently Undervalued.
Does Credo Technology Group Holding Ltd. pay dividends?
Credo Technology Group Holding Ltd. does not currently pay dividends.
What is Credo Technology Group Holding Ltd.’s EPS estimate?
Credo Technology Group Holding Ltd.’s EPS estimate is 1.16.
How many shares outstanding does Credo Technology Group Holding Ltd. have?
Credo Technology Group Holding Ltd. has 184,449,940 shares outstanding.
What happened to Credo Technology Group Holding Ltd.’s price movement after its last earnings report?
Credo Technology Group Holding Ltd. reported an EPS of $1.16 in its last earnings report, beating expectations of $1.025. Following the earnings report the stock price went up 1.283%.
Which hedge fund is a major shareholder of Credo Technology Group Holding Ltd.?
Currently, no hedge funds are holding shares in CRDO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Credo Technology Group Holding Ltd Stock Smart Score
Outperform
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$258.07 (60.60% Upside)
$258.07 (60.60% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 87%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.5%
Last 30 Days ▲ 11.2%
Last 30 Days ▲ 11.2%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 7%
Bearish news 7%
Technicals
SMA
Positive
20 days / 200 days
Momentum
198.38%
12-Months-Change
Fundamentals
Return on Equity
29.56%
Trailing 12-Months
Asset Growth
183.67%
Trailing 12-Months
Company Description
Credo Technology Group Holding Ltd.
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
CRDO Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed very strong operational and financial momentum: record revenue, large double- and triple-digit year-over-year growth, industry-leading margins, robust cash generation, and an aggressive product and optics roadmap (including the Dust Photonics acquisition). Management provided confident guidance for continued revenue growth (>80% YoY for FY27) and outlined a clear back-half inflection driven by optics while acknowledging execution and timing risks (customer lumpiness, supply-chain/process-node capacity, tariff uncertainty) and near-term elevated R&D/opex. On balance the positives (scale, margin expansion, product and M&A momentum, strong cash) substantially outweigh the cited risks.View all CRDO earnings summariesCRDO Stock 12 Month Forecast
Average Price Target
$258.07
▲(60.60% Upside)
Technical Analysis
Ownership Overview
10.28% Insiders
20.12% Mutual Funds
16.73% Other Institutional Investors
32.60% Public Companies and Individual Investors