Credo Technology Group Holding Ltd (CRDO)
| Market Cap | 26.28B -10.7% |
| Revenue (ttm) | 1.59B +165.1% |
| Net Income | 538.31M +330.2% |
| EPS | 2.83 +320.7% |
| Shares Out | 187.95M |
| PE Ratio | 49.37 |
| Forward PE | 19.17 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,284,790 |
| Open | 132.32 |
| Previous Close | 141.41 |
| Day's Range | 132.00 - 144.42 |
| 52-Week Range | 86.49 - 308.67 |
| Beta | 3.29 |
| Analysts | Strong Buy |
| Price Target | 284.05 (+103.17%) |
| Earnings Date | Dec 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 20 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price target is $284.05, which is an increase of 103.17% from the latest price.
News
Credo Schedules Second Quarter Fiscal Year 2027 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 soluti...
Credo, Oracle advance optical transceiver telemetry standardization
Credo Technology Group (CRDO) and Oracle (ORCL) announced that the Open Compute Project Community has approved two new contributions aimed at bringing enhanced telemetry to optical transceivers. The s...
Credo and Oracle Advance Optical Transceiver Telemetry Standardization with OCP Community
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo and Oracle advance optical transceiver telemetry standardization with OCP Community.
These tech stocks got unfairly swept up in last week's selloff, analysts say
Hardware and software stocks alike have been swept up by concerns about the sustainability of the artificial-intelligence trade — but analysts say some of those shares have been unjustly punished.
CoreWeave and other AI stocks rise as Anthropic restores the market's faith in sustained spending
Now that investors have been able to dive further into Anthropic's IPO filing, they're seeing the same sorts of trends that helped buoy AI stocks for much of this year.
Credo to showcase memory scaling for AI accelerators at OCP Global Summit
Credo Technology (CRDO) announced that it is showcasing high-performance memory scaling for programmable logic-based AI accelerators this week at the 2026 OCP Global Summit in San Jose. Credo will dem...
Credo Breaks the Memory Wall Using AMD Programmable Logic-Based AI Accelerators
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo demonstrates OmniConnect Weaver running on AMD Versal™ adaptive SoC architecture to break the memory wall.
Credo Launches Short-Reach Micro-Emitter Optics (SRMO) Standardization for AI Data Center Scale-Up and Scale-Out Applications
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo launches Short-Reach Micro-Emitter Optics (SRMO) standardization within the OCP Community.
Credo Technology unveils 1.6T ZeroFlap active light cable
Credo Technology (CRDO) Group shared details of its 1.6T ZeroFlap active light cable, the industry’s first row-scale, wide-parallel optical interconnect solution built for AI scale-out and front-end n...
Credo Technology to showcase new optical, copper interconnect products
Credo Technology (CRDO) Group will showcase its newest optical and copper interconnect products for scaling AI infrastructure at OCP Global Summit 2026, which takes place October 12-15 at the San…
Credo to Showcase Broad Portfolio of Connectivity Solutions for AI Scale-Out and Scale-Up Fabrics at 2026 OCP Global Summit
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to showcase broad portfolio of connectivity solutions for AI scale-out and scale-up fabrics at 2026 OCP Global Summit.
Credo Technology price target lowered to $310 from $350 at Stifel
Stifel lowered the firm’s price target on Credo Technology (CRDO) to $310 from $350 and keeps a Buy rating on the shares.
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.
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 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.