Credo Technology Group Holding Ltd (CRDO)

NASDAQ: CRDO · Real-Time Price · USD
168.00
+2.08 (1.25%)
Apr 29, 2026, 11:54 AM EDT - Market open
Market Cap30.99B +371.3%
Revenue (ttm)1.07B +226.1%
Net Income339.77M +6,538.6%
EPS1.82 +5,811.5%
Shares Out 184.45M
PE Ratio92.26
Forward PE35.14
Dividendn/a
Ex-Dividend Daten/a
Volume1,925,331
Open171.56
Previous Close165.92
Day's Range165.01 - 173.88
52-Week Range40.18 - 213.80
Beta2.72
AnalystsStrong Buy
Price Target179.62 (+6.92%)
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

Financial Statements

Analyst Summary

According to 14 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price target is $179.62, which is an increase of 6.92% from the latest price.

Price Target
$179.62
(6.92% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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
22 hours 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 ...

6 days ago - Business Wire

Credo Technology Shares Climb 6% After Key Trading Signal

Credo Technology Group Holding Ltd (NASDAQ:CRDO) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically ...

8 days ago - Benzinga

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.

14 days 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.

14 days ago - Transcripts

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.

15 days 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.

15 days 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.

15 days 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...

15 days 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...

16 days ago - Market Watch

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.

4 weeks 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.

4 weeks ago - Business Wire

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.

6 weeks 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.

6 weeks ago - Business Wire

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).

6 weeks ago - Business Wire

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.

2 months 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.

2 months 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.

2 months ago - Benzinga

Credo Stock Slips After Q3 Results

Credo Technology Group Holding Ltd. (NASDAQ: CRDO) shares dropped in Monday's extended trading after the company released its third-quarter earnings report.

2 months ago - Benzinga

Credo Technology Group Holding Earnings Call Transcript: Q3 2026

Record Q3 revenue and profitability driven by hyperscaler demand and strong AEC/IC growth. New products like ZeroFlap optics and ALCs expand market opportunity, with customer pull-in accelerating adoption. Guidance calls for continued robust growth and margin strength.

2 months ago - Transcripts

Credo Technology Group Holding Ltd Reports Third Quarter of Fiscal Year 2026 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...

2 months ago - Business Wire

Credo Acquires CoMira Solutions

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to acquire CoMira Solutions.

2 months ago - Business Wire

Credo Technology Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Credo Technology Group Holding Ltd (NASDAQ: CRDO) will release earnings results for its third quarter, after the closing bell on Monday, March 2.

2 months ago - Benzinga

TensorWave Partners with Credo to Power Next-Generation AMD-Based AI Clusters

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--TensorWave partners with Credo to power next-generation AMD-based AI clusters.

2 months ago - Business Wire

Credo's stock soars as new numbers score the chip company some points in a key debate

Investors have been worried about the threat of co-packaged optics on Credo's active electrical cables business

2 months ago - Market Watch