Credo Technology Group Holding Ltd (CRDO)

NASDAQ: CRDO · Real-Time Price · USD
226.10
-9.93 (-4.21%)
At close: Jun 1, 2026, 4:00 PM EDT
199.99
-26.11 (-11.55%)
After-hours: Jun 1, 2026, 7:35 PM EDT
Market Cap41.70B +312.2%
Revenue (ttm)1.34B +205.7%
Net Income472.28M +805.0%
EPS2.51 +765.5%
Shares Out 184.45M
PE Ratio90.08
Forward PE40.99
Dividendn/a
Ex-Dividend Daten/a
Volume13,000,064
Open240.02
Previous Close236.03
Day's Range223.54 - 243.21
52-Week Range59.88 - 243.21
Beta3.23
AnalystsStrong Buy
Price Target214.09 (-5.31%)
Earnings DateJun 1, 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

In fiscal year 2026, CRDO's revenue was $1.34 billion, an increase of 205.68% compared to the previous year's $436.78 million. Earnings were $472.28 million, an increase of 805.04%.

Financial Statements

Analyst Summary

According to 18 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price target is $214.09, which is a decrease of -5.31% from the latest price.

Price Target
$214.09
(-5.31% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Credo Technology Group Holding Earnings Call Transcript: Q4 2026

Fiscal 2026 saw revenue more than triple and net income rise over 5x, driven by AI infrastructure demand and strong adoption of connectivity solutions. FY 2027 guidance projects over 80% revenue growth, with optical products contributing more than $600 million.

2 hours ago - Transcripts

Credo Technology Group Holding Earnings release: Q4 2026

Credo Technology Group Holding released its Q4 2026 earnings on June 1, 2026, summarizing the period's financial results.

2 hours ago - Filings

Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2026 Financial Results

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

3 hours ago - Business Wire

Notable companies reporting after market close

Notable companies reporting after the market close, with earnings consensus, include Credo Technology (CRDO), consensus $1.03… HPE (HPE), consensus 53c.

Other symbols: HPE
4 hours ago - TheFly

Credo Technology price target raised to $260 from $220 at Mizuho

Mizuho analyst Vijay Rakesh raised the firm’s price target on Credo Technology (CRDO) to $260 from $220 and keeps an Outperform rating on the shares. The firm upped price targets…

12 hours ago - TheFly

Credo Technology completes acquisition of DustPhotonics

Credo Technology (CRDO) Group completed its acquisition of DustPhotonics. DustPhotonics brings silicon photonics photonic integrated circuit technology for optical connectivity, deepening Credo’s opti...

4 days ago - TheFly

Credo Completes Acquisition of DustPhotonics

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo completes the acquisition of DustPhotonics.

4 days ago - Business Wire

Watch as Credo Flies on Institutional Inflows

Technology firm Credo Technology Group Holding Ltd. (CRDO) shares up 141% since first institutional outlier in June 2025.

5 days ago - FXEmpire

Credo Technology, Rebellions work to maximize efficiency in AI factories

Credo Technology (CRDO) and Rebellions are working together to bring turnkey, scalable AI factories to enterprises around the world. The collaboration integrates Credo’s ZeroFlap active electrical cab...

12 days ago - TheFly

Credo and Rebellions Work Together to Maximize Operational Efficiency in Enterprise AI Factories

SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)-- #WeConnect--Credo and Rebellions are working together to maximize operational efficiency in enterprise AI factories.

12 days ago - Business Wire

Credo to Present at Upcoming Investor Conferences

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...

12 days ago - Business Wire

Amazon among seven added to Jefferies’ Franchise Picks list

Jefferies analysts added Amazon.com (AMZN), AppLovin (APP), Credo Technology (CRDO), McDonald’s (MCD), RadNet (RDNT), Thermo Fisher (TMO) and UL Solutions (ULS) to Jefferies’ Franchise Picks list, whi...

14 days ago - TheFly

Credo Schedules Fourth Quarter and Fiscal Year 2026 Financial Results Conference Call

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 solutio...

18 days ago - Business Wire

Credo Technology initiated with a Buy at Rothschild & Co Redburn

Rothschild & Co Redburn initiated coverage of Credo Technology (CRDO) with a Buy rating and $206 price target The firm says the monetization of generative AI capex will require more…

4 weeks ago - TheFly

The Big 3: TMUS, CRDO, MRVL

Jessica Inskip (@jessicainskip) takes us through today's Big 3 trades tied to the AI trade. She points to T-Mobile (TMUS) having strong cash generation and a 2.3% dividend yield, Credo (CRDO) enhancin...

Other symbols: MRVLTMUS
4 weeks ago - Schwab Network

Credo to Highlight Next-Generation Connectivity Solutions for AI Infrastructure at TSMC 2026 Technology Symposium

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

5 weeks ago - Business Wire

Credo Technology falls -7.5%

Credo Technology (CRDO) is down -7.5%, or -$12.66 to $155.69.

6 weeks ago - TheFly

Credo Releases 2025 GHG Report, Expands Transparency in Environmental Performance

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo released its Fiscal Year (FY) 2025 Greenhouse Gas (GHG) Report, detailing its FY2025 operational emissions inventory.

6 weeks ago - Business Wire

Credo Technology Group Holding Transcript: M&A announcement

The acquisition of DustPhotonics expands the optical portfolio, strengthens system-level integration, and is expected to drive combined optical revenue above $500 million in fiscal 2027, with accretive margins and strong customer traction, especially among hyperscalers.

6 weeks ago - Transcripts

Credo Technology Group Holding Press release: M&A announcement

Credo Technology Group Holding issued a press release on April 14, 2026, disclosing material business information to investors.

6 weeks ago - Filings

Credo's stock surges. Here's why its new acquisition ‘makes perfect sense.

Bringing silicon photonics technology in-house will improve supply chain and cost structure, one analyst said.

6 weeks ago - Market Watch

Credo Stock Is On a Roll. Why This AI Deal Can Extend the Rally.

Analysts see the electrical cable provider as a potential winner from the AI boom because its products connect servers.

6 weeks ago - Barrons

Credo Agrees to Acquire DustPhotonics, Accelerating Expansion into Silicon Photonics and Next Generation Optical Connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CRDO #WeConnect--Credo Agrees to Acquire DustPhotonics, Accelerating Expansion into Silicon Photonics and Next Generation Optical Connectivity.

7 weeks ago - Business Wire

Credo jumps 11% as Jefferies backs copper tech in AI boom debate

Shares of Credo Technology rose 11% on Monday after Jefferies initiated coverage with a Buy rating, highlighting what it called a disconnect between investor concerns and the company's long-term growt...

7 weeks ago - Invezz

Credo's stock has had a rough year. Here's why one analyst thinks now is the time to buy it.

The debate over whether copper-based connectivity will be replaced by optical solutions in the artificial-intelligence build-out has weighed on Credo Technology's stock so far this year, but one analy...

7 weeks ago - Market Watch