Credo Technology Group Holding Ltd (CRDO)
| Market Cap | 39.65B +53.4% |
| Revenue (ttm) | 1.59B +165.1% |
| Net Income | 538.31M +330.2% |
| EPS | 2.83 +320.7% |
| Shares Out | 187.95M |
| PE Ratio | 74.51 |
| Forward PE | 28.91 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 11,753,078 |
| Open | 201.59 |
| Previous Close | 195.97 |
| Day's Range | 198.00 - 214.87 |
| 52-Week Range | 86.49 - 308.67 |
| Beta | 3.23 |
| Analysts | Strong Buy |
| Price Target | 280.10 (+32.77%) |
| Earnings Date | Sep 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 other international markets. The company offers ZeroFlap (ZF) active electrical cables and ZF optical transceivers, OmniConnect memory solutions, and a suite of retimers and DSPs for optical and copper Ethernet and PCIe, as well as integrated circuits, active electrical cables, and SerDes chiplets. It also provides intellectual property (IP) s... [Read more]
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 StatementsAnalyst Summary
According to 19 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price target is $280.1, which is an increase of 32.77% from the latest price.
News
Mizuho Slashes Credo Technology Stock Price Target. Here’s Why It Is Still Bullish
Credo Technology (NASDAQ:CRDO) might be a relatively smaller AI name commanding less attention than the mega-cap players, but the company is sitting in an important part of the AI infrastructure…
Credo Technology price target lowered to $245 from $290 at Mizuho
Mizuho lowered the firm’s price target on Credo Technology (CRDO) to $245 from $290 and keeps an Outperform rating on the shares. The firm says its channel checks on Credo…
Credo to Showcase 1.6T Optical Connectivity Solutions for AI Scale-Out Fabrics at ECOC 2026
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to showcase 1.6T optical connectivity solutions for AI scale-out fabrics at ECOC 2026.
Credo Technology stock is slumping despite its strong revenue growth: what next?
Credo Technology Group stock has slumped and moved into a bear market after slumping by nearly 50% from its highest point this year. It dropped to a low of $148 this week, its lowest level since April...
Credo Technology announces family of ZeroFlap optical transceivers
Credo Technology (CRDO) Group announced its 224G-based family of ZeroFlap optical transceivers for AI networks. The new ZF transceivers combine the company’s 224G per lane optical DSP with its Kfir200...
Credo Expands ZeroFlap Portfolio with 224G-Based 1.6T Optical Transceivers, Addressing the Growing Demand for AI Network Infrastructure
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo expands ZeroFlap portfolio with 224G-based 1.6T optical transceivers, addressing the growing demand for AI network infrastructure.
Credo to Showcase High-Speed Connectivity Innovations Driving Next-Generation AI Infrastructure at AI Infra 2026
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to showcase its newest optical and copper interconnect products for scaling AI infrastructure at AI Infra Summit 2026.
Credo Technology Group Holding Transcript: Goldman Sachs Communacopia + Technology Conference 2026
The company is experiencing rapid growth in AI connectivity solutions, driven by a broad portfolio spanning copper and optical technologies, with a strong focus on reliability and power efficiency. Financial guidance points to accelerating revenue and stable margins, while ongoing innovation and strategic acquisitions support long-term competitiveness and expansion.
Credo Technology falls -17.9%
Credo Technology (CRDO) is down -17.9%, or -$36.95 to $169.69.
Why Credo Technology Stock Is Down Today and Why This Top Analyst Expects Shares to More Than Double
It looks like Wednesday is shaping up to be a miserable day for Credo Technology (NASDAQ:CRDO) investors. The shares are down by 18% as of writing despite the AI connectivity…
Credo Technology stock has slipped after earnings: how low can it get?
Credo Technology Group stock continued its strong freefall, even after the company published encouraging financial results. CRDO dropped by over 9% in the premarket session, reaching its lowest level ...
Wednesday's First Moves: GTLB Surges, CRDO & MDB Fall on Earnings
GitLab (GTLB) beat earnings and raised guidance, leading to a jump the stock at Wednesday's opening bell. Diane King Hall discusses why investors are seeing promise for a further rally even as the com...
Credo Technology falls -17.5%
Credo Technology (CRDO) is down -17.5%, or -$36.23 to $170.40.
Credo Technology price target lowered to $292 from $325 at Evercore ISI
Evercore ISI lowered the firm’s price target on Credo Technology (CRDO) to $292 from $325 and keeps an Outperform rating on the shares.
Credo Technology price target raised to $235 from $215 at Rosenblatt
Rosenblatt raised the firm’s price target on Credo Technology (CRDO) to $235 from $215 and keeps a Neutral rating on the shares. Following fiscal Q1 results, the firm is increasing…
Credo Technology price target lowered to $310 from $335 at JPMorgan
JPMorgan lowered the firm’s price target on Credo Technology (CRDO) to $310 from $335 and keeps an Overweight rating on the shares. The company’s fiscal Q1 report shows it remains…
Credo Technology price target lowered to $275 from $340 at BofA
BofA lowered the firm’s price target on Credo Technology (CRDO) to $275 from $340 and keeps a Buy rating on the shares. Credo’s growth mix is shifting from decelerating, but…
Credo Technology Group Holding Earnings Call Transcript: Q1 2027
Record Q1 revenue and net income were driven by strong growth in AECs, optics, and retimers, with optical revenue expected to exceed $600 million in fiscal 2027. Guidance calls for over 85% year-over-year revenue growth, supported by expanding AI infrastructure demand and new product ramps.
Credo Technology Group Holding Earnings release: Q1 2027
Credo Technology Group Holding released its Q1 2027 earnings on September 1, 2026, summarizing the period's financial results.
Credo Technology Group Holding Quarterly report: Q1 2027
Credo Technology Group Holding has published its Q1 2027 quarterly earnings report on September 1, 2026.
Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2027 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...
Credo Joins Open CPX MSA Organization
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo joins Open CPX MSA organization to support development of interoperable near-package and co-packaged optical interconnects for AI infrastructure.
Credo Technology stock: Insider selling meets options market jitters before earnings
Credo Technology Group stock has slumped and moved into a bear market after falling by over 24% from its highest point this year. CRDO dropped to $232, and this price action will be put to the test as...
Credo to Present at Goldman Sachs Communacopia + Technology Conference
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...