Credo Technology Group Holding Ltd (CRDO)
Market Cap | 3.46B |
Revenue (ttm) | 164.28M |
Net Income (ttm) | -33.83M |
Shares Out | 163.07M |
EPS (ttm) | -0.23 |
PE Ratio | n/a |
Forward PE | 122.50 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 674,018 |
Open | 21.23 |
Previous Close | 21.20 |
Day's Range | 20.94 - 21.55 |
52-Week Range | 7.20 - 23.90 |
Beta | 2.00 |
Analysts | Strong Buy |
Price Target | 22.25 (+5.35%) |
Earnings Date | Feb 27, 2024 |
About CRDO
Credo Technology Group Holding Ltd provides various high-speed connectivCredo 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 HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP. The company also offers intellectual property solutions consist of SerDes IP licensing. It se... [Read more]
Financial Performance
In 2023, CRDO's revenue was $184.19 million, an increase of 72.99% compared to the previous year's $106.48 million. Losses were -$16.55 million, -25.38% less than in 2022.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price forecast is $22.25, which is an increase of 5.35% from the latest price.
News
Credo Technology Group to Showcase Latest Optical Solutions at OFC 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy efficie...
Keysight Demonstrates First Full Line Rate 1.6 Terabit Ethernet Test Capability
SANTA ROSA, Calif.--(BUSINESS WIRE)---- $KEYS #16T--Keysight Technologies, Inc. (NYSE: KEYS) and Credo Semiconductor (NASDAQ: CRDO) set a new milestone by developing a joint testbed that demonstrates ...
Credo to Present at 36th Annual Roth Conference
SAN JOSE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improve...
Credo Technology Group Holding Ltd Reports Third Quarter of Fiscal Year 2024 Financial Results
SAN JOSE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power a...
Credo Schedules Third Quarter Fiscal Year 2024 Financial Results Conference Call
SAN JOSE, Calif., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improv...
Credo Technology Group to Exhibit at Chiplet Summit 2024
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group to Exhibit at Chiplet Summit 2024.
Credo Launches 112G PAM4 SerDes IP for TSMC N3 Process Technology
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (NASDAQ: CRDO) today introduced its newest 112G PAM4 SerDes Intellectual Property (IP) family on TSMC's industry leading N3 and N7...
Credo Technology Group Names Kate Schuelke as New Chief Legal Officer
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CRDO #WeConnect--Credo Technology Group Names Kate Schuelke as New Chief Legal Officer. Ms. Schuelke joins Credo from Seagate Technology LLC where she was also C...
Credo to Present at 26th Annual Needham Growth Conference
SAN JOSE, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved energy ...
Credo announces pricing of public offering
SAN JOSE, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO) (“Credo”) today announced the pricing of an underwritten public offering of 10,000,000 of its ordi...
Credo announces launch of public offering
SAN JOSE, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO) (“Credo”) today announced the commencement of an underwritten public offering of 10,000,000 of its...
Credo to Present at Barclays Global Technology Conference
SAN JOSE, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power a...
Credo Technology Group Holding Ltd Reports Second Quarter of Fiscal Year 2024 Financial Results
SAN JOSE, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power a...
Credo AI CEO: Policy Innovation Needed for AI
Credo AI CEO Navrina Singh joins Caroline Hyde and Ed Ludlow on the sidelines of Credo AI's Responsible AI Leadership Summit happening in New York City. She speaks on "Bloomberg Technology.
Credo Schedules Second Quarter Fiscal Year 2024 Financial Results Conference Call
SAN JOSE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improv...
Credo Joins with Industry Players to Announce Effort to Standardize CXL Active Electrical Cables & Optics at OCP Global Summit 2023
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions, in conjunction with 33 other partne...
Arm deal is expected to lift tech IPOs, but not all future debuts will have the same draw
The strong debut of Arm Holdings Plc. is expected to reignite the long-dormant IPO market for tech companies, but not all the current deals in the pipeline will have the same draw for investors.
Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2024 Financial Results
SAN JOSE, Calif., Aug. 24, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power a...
Credo to Present at Goldman Sachs Communacopia + Technology Conference
SAN JOSE, Calif., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power a...
Credo Schedules First Quarter Fiscal Year 2024 Financial Results Conference Call
SAN JOSE, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improv...
Credo to Showcase HiWire AEC Cables at OCP China Day in Beijing
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost...
Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2023 Financial Results
SAN JOSE, Calif., May 31, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power an...
Credo to Present at Stifel 2023 Cross Sector Insight Conference
SAN JOSE, Calif., May 17, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improve...
Top 5 Tech Stocks Which You'll Regret Missing This Quarter - Credo Technology Group (NASDAQ:CRDO), Clearfield (NASDAQ:CLFD)
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Credo Technology Group Holding Ltd. - CRDO
NEW YORK , March 13, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Credo Technology Group Holding Ltd. ("Credo" or the "Company") (NASDAQ: CRDO).