Credo Technology Group Holding Ltd (CRDO)

NASDAQ: CRDO · Real-Time Price · USD
95.24
-1.20 (-1.24%)
At close: Mar 27, 2026, 4:00 PM EDT
94.50
-0.74 (-0.78%)
After-hours: Mar 27, 2026, 7:59 PM EDT
Market Cap17.57B +130.2%
Revenue (ttm)1.07B +226.1%
Net Income339.77M +6,538.6%
EPS1.82 +5,811.5%
Shares Out 184.45M
PE Ratio52.25
Forward PE21.35
Dividendn/a
Ex-Dividend Daten/a
Volume4,401,750
Open95.00
Previous Close96.44
Day's Range93.65 - 97.50
52-Week Range29.09 - 213.80
Beta2.67
AnalystsStrong Buy
Price Target176.36 (+85.17%)
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 85.17% from the latest price.

Price Target
$176.36
(85.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Credo and TE Connectivity Reach Settlement in Active Electrical Cable Disputes

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo and TE Connectivity reach settlement in Active Electrical Cable disputes.

1 day ago - Business Wire

Credo and Molex Reach Settlement in Active Electrical Cable Patent Infringement Disputes

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo and Molex reach settlement in Active Electrical Cable patent infringement disputes.

2 days ago - Business Wire

Credo: Alphabet Just Announced A Game Changer

Credo Technology Group Holding Ltd is strategically positioned to capitalize on AI infrastructure's shift toward efficient memory connectivity and high-bandwidth networking. This is corroborated by Al...

2 days ago - Seeking Alpha

Why Credo's Selloff Is A Massive Gift

Credo Technologies is a leading supplier of active electrical cables for AI data centers, posting 201% YoY revenue growth in Q3. Despite a recent 20% stock selloff on decelerating growth guidance (~50...

3 days ago - Seeking Alpha

Credo Technology: The AI Connectivity Giant The Market Is Massively Undervaluing

Credo Technology Group is rated Strong Buy, with 113% upside projected and a 3-year CAGR of 28.5%. CRDO's Q3 2026 results showed 201% YoY revenue growth, 405% YoY EPS growth, and EBIT margin expansion...

6 days ago - Seeking Alpha

Credo: The Market Got It Wrong

Credo delivered $407M revenue (+200% YoY), ~68.6% gross margins, and ~50% operating margins despite a sharp stock pullback. Stock declined ~21% due to margin guidance compression to mid-60s, not weake...

7 days ago - Seeking Alpha

Buy The Dip: Best Stocks With Forward EPS Growth Above 40%

Strong earnings forecasts have supported share prices despite market volatility from geopolitical tensions, interest rate uncertainties, and sticky inflation. S&P 500 earnings are expected to grow by ...

Other symbols: CYDROAD
9 days ago - Seeking Alpha

Credo: Time To Admit I Was Dead Wrong (Rating Upgrade)

Credo Technology is upgraded to 'buy' as AI-driven demand for connectivity solutions accelerates and structural bottlenecks persist. CRDO's revenue grew over 200% YoY for three quarters, with EPS up 3...

9 days ago - Seeking Alpha

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.

11 days ago - Business Wire

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.

11 days 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...

12 days 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...

16 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).

16 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 ...

20 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
24 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...

24 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 ...

25 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% ...

25 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 ...

25 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...

25 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...

25 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.

25 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.

26 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.

26 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

26 days ago - Seeking Alpha