Credo Technology Group Holding Ltd (CRDO)

Market Cap	8.51B
Revenue (ttm)	245.59M
Net Income (ttm)	-23.81M
Shares Out	167.24M
EPS (ttm)	-0.15
PE Ratio	n/a
Forward PE	57.69
Dividend	n/a
Ex-Dividend Date	n/a

Volume	4,637,329
Open	56.80
Previous Close	55.18
Day's Range	50.83 - 57.50
52-Week Range	16.82 - 86.69
Beta	2.16
Analysts	Strong Buy
Price Target	72.90 (+43.19%)
Earnings Date	Mar 4, 2025

About CRDO

Credo Technology Group Holding Ltd provides various high-speed connectivity Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Taiwan, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP, as well as integrated circuits, active electrical cables. The company also offers intelle...

• Industry: Semiconductors
• Sector: Technology
• IPO Date: Jan 27, 2022
• Employees: 500
• Stock Exchange: NASDAQ
• Ticker Symbol: CRDO
• Website: https://credosemi.com

Financial Performance

In 2024, CRDO's revenue was $192.97 million, an increase of 4.76% compared to the previous year's $184.19 million. Losses were -$28.37 million, 71.4% more than in 2023.

Analyst Forecast

According to 10 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price forecast is $72.9, which is an increase of 43.19% from the latest price.

Price Target

$72.9

(43.19% upside)

Analyst Consensus: Strong Buy