Credo Technology Group Holding Ltd (CRDO)

NASDAQ: CRDO · Real-Time Price · USD
103.45
-13.43 (-11.49%)
Mar 17, 2026, 3:08 PM EDT - Market open
Market Cap19.08B +106.8%
Revenue (ttm)1.07B +226.1%
Net Income339.77M +6,538.6%
EPS1.82 +5,811.5%
Shares Out 184.45M
PE Ratio56.67
Forward PE23.16
Dividendn/a
Ex-Dividend Daten/a
Volume11,645,696
Open122.59
Previous Close116.88
Day's Range102.25 - 125.70
52-Week Range29.09 - 213.80
Beta2.67
AnalystsStrong Buy
Price Target176.36 (+70.48%)
Earnings DateMar 2, 2026

About CRDO

Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet, and PCIe applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. It provides HiWire active electrical cables solutions, including HiWire CLOS, SPAN, SHIFT, and SWITCH; optical PAM4 digital signal processors; low-power line card PHY; serializer/deserializer (SerDes) chiplets; and SerDes IP, as well as integrated circuits. The company also offers intellectual property solutions consist of Se... [Read more]

Sector Technology
IPO Date Jan 27, 2022
Employees 622
Stock Exchange NASDAQ
Ticker Symbol CRDO
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 12 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price target is $176.36, which is an increase of 70.48% from the latest price.

Price Target
$176.36
(70.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Credo Introduces Robin 800G Optical DSP Family Tailored for Next Wave of AI Applications

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo Robin optical DSPs are designed to meet the growing performance, power efficiency, and scalability demands of AI-driven data center networks.

6 hours ago - Business Wire

Credo Launches 800G ZeroFlap Optical Transceivers Engineered for AI Networks

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo launches 800G ZeroFlap optical transceivers engineered for AI networks.

6 hours ago - Business Wire

Credo's Growth Explosion The Market Is Ignoring

Credo reported Q3 FY2026 revenue of $407 million, up 201.5% year-over-year and 52% sequentially, highlighting accelerating hyperscale AI infrastructure demand. The company expects FY2026 revenue of $1...

22 hours ago - Seeking Alpha

Credo: Meltdown's A Gift - Growing Hyperscaler Adoption, Robust R&D/Sampling Cadence

The growing hyperscaler adoption, 88% AEC market share, and strong FQ4'26/FY2027 guidance support Credo Technology's high growth and profitable investment thesis. This is further reinforced by their o...

5 days ago - Seeking Alpha

Credo to Showcase Optical Solutions for AI Scale-Out Fabrics at OFC 2026

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to showcase its optical solutions for AI scale-out fabrics at the 2026 Optical Fiber Communication Conference and Exhibition (OFC).

5 days ago - Business Wire

Credo: Explosive 50% Forward Annual Revenue Growth

Credo's explosive FY2026 revenue growth, driven by AEC adoption at Microsoft and Google, exceeded expectations, but growth is expected to moderate in FY2027. CRDO remains competitive in next-gen 1.6T ...

8 days ago - Seeking Alpha

Paying Dividends: Steven Cress' 3 REITs For Inflationary, Heated Times

In a volatile, inflationary, and geopolitically tense market, Steven Cress talks barbell approach: strong dividend REITs and high-quality growth stocks on weakness. Getty (GTY), W.P.

Other symbols: GTYMUPINEWPCXLRE
13 days ago - Seeking Alpha

Credo: I Can't Believe It Has Now Become A Relative Bargain

Credo Technology Group Holding Ltd delivered over 200% YoY and 52% QoQ revenue growth in its recent quarter, yet shares remain under pressure. What else do investors want? Despite hyperscaler CapEx ta...

13 days ago - Seeking Alpha

Credo: Beat, Raise, Drop 10% - Welcome To The AI Trade Hangover

Credo Technology Group Holding Ltd delivered Q3 revenue of $407M, up 200% YoY, beating both management's revised guidance and the Street's expectations. Who cares, right? Even as Q4 FY26 guidance was ...

13 days ago - Seeking Alpha

Credo's Pullback May Be The Opportunity

Credo Technology Group Holding Ltd's Q3 revenue surged to $407 million, up over 200% year over year, yet guidance implies mid-single-digit sequential growth ahead. CRDO's gross margin guidance of 64% ...

13 days ago - Seeking Alpha

Credo Technology: A Better Entry After The Pullback

I reiterate a Strong Buy rating on Credo Technology Group Holding Ltd after record Q3 revenue of $407M, robust margins, and self-funding hypergrowth. CRDO's product roadmap accelerates, with ZeroFlap ...

14 days ago - Seeking Alpha

Credo Earnings: Is AI Broken?

Credo Technology Group Holding Ltd reported a Q3 FY26 beat on the top and bottom lines, and in reaction, CRDO shares plunged 18% post-earnings amid concerns about deceleration in growth. The Q4 outloo...

14 days ago - Seeking Alpha

Credo: Buy The Pullback, But Don't Catch The Knife

Credo Technology Group Holding Ltd delivered a strong earnings beat, with revenue up 201.5% Y/Y and guidance above consensus, but shares sold off on risk-off sentiment and priced-in optimism. CRDO's Z...

14 days ago - Seeking Alpha

These Analysts Slash Their Forecasts On Credo Technology Following Q3 Results

Credo Technology Group Holding Ltd. (NASDAQ: CRDO) on Monday posted upbeat earnings for the third quarter.

14 days ago - Benzinga

Credo Technology Strong Earnings Fails To Stem Stock Slide

Credo Technology Group Holding Ltd. (NASDAQ: CRDO) shares are down during Tuesday's premarket session following the company's recent third-quarter earnings report.

14 days ago - Benzinga

Stock Market Today: Dow Jones, S&P 500 Futures Plunge After Closure Of Strait Of Hormuz—Coherent, Credo Technology, CrowdStrike In Focus

U.S. stock futures fell sharply on Tuesday following Monday's mixed close. Futures of the major benchmark indices were negative amid the ongoing Iran-U.S. conflict.

14 days ago - Benzinga

Credo Technology Group Holding Ltd (CRDO) Q3 2026 Earnings Call Transcript

Credo Technology Group Holding Ltd (CRDO) Q3 2026 Earnings Call Transcript

14 days ago - Seeking Alpha

Credo Stock Slips After Q3 Results

Credo Technology Group Holding Ltd. (NASDAQ: CRDO) shares dropped in Monday's extended trading after the company released its third-quarter earnings report.

14 days ago - Benzinga

Credo Technology Group Holding Ltd Reports Third Quarter of Fiscal Year 2026 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system soluti...

14 days ago - Business Wire

Credo Acquires CoMira Solutions

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to acquire CoMira Solutions.

15 days ago - Business Wire

Credo Technology Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Credo Technology Group Holding Ltd (NASDAQ: CRDO) will release earnings results for its third quarter, after the closing bell on Monday, March 2.

15 days ago - Benzinga

Credo Q3 Preview: Asymmetry Is The Art Of Alpha

Credo Technology Group Holding Ltd. is tied to the AI infrastructure supercycle but faces late-cycle risks and revenue concentration with Customer A. I see CRDO as fairly valued, with a 12-month upsid...

18 days ago - Seeking Alpha

TensorWave Partners with Credo to Power Next-Generation AMD-Based AI Clusters

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--TensorWave partners with Credo to power next-generation AMD-based AI clusters.

20 days ago - Business Wire

Best Dip Buys With 'Year Of The Fire Horse' Potential

The Chinese Year of the Fire Horse represents amplified energy, speed, and bold forward motion, an apt metaphor for 2026's market potential in select names. Temporary market weakness may offer discipl...

Other symbols: FUTUMDBTALWDH
25 days ago - Seeking Alpha

Credo: Ramping Into An AI Super-Cycle (Earnings Preview)

Credo Technology Group (CRDO) earns a Buy rating, driven by surging demand for its AEC products and robust AI/data center tailwinds. CRDO delivered record Q2 results, with revenue up 272% YoY and non-...

27 days ago - Seeking Alpha