Credo Technology Group Holding Ltd (CRDO)
| Market Cap | 48.47B +133.1% |
| Revenue (ttm) | 1.34B +205.7% |
| Net Income | 472.28M +805.0% |
| EPS | 2.51 +765.5% |
| Shares Out | 186.48M |
| PE Ratio | 103.55 |
| Forward PE | 42.42 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,384,585 |
| Open | 265.50 |
| Previous Close | 265.99 |
| Day's Range | 253.75 - 266.62 |
| 52-Week Range | 86.49 - 308.67 |
| Beta | 3.23 |
| Analysts | Strong Buy |
| Price Target | 279.29 (+7.46%) |
| 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 $279.29, which is an increase of 7.46% from the latest price.
News
Credo Schedules First 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...
New Aura VettaFi Photonics Index ETF (PHOX) Targets AI Optics Infrastructure
Aura ETF has expanded its thematic lineup with the launch of the Aura VettaFi Photonics Index ETF (PHOX). The ETF offers targeted exposure to companies driving the next generation of artificial intell...
Credo Technology to standardize interconnect within OCP Community
Credo Technology (CRDO) Group announced its plans to standardize an interconnect within the Open Compute Project Community for addressing the memory wall challenge. The memory wall is the gap between…
Credo to Contribute OmniConnect Scale-In Interconnect Solution to the Open Compute Project to Address AI Inference Memory Wall
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo plans to standardize an interconnect within the Open Compute Project (OCP) Community to help address the memory wall challenge.
Credo Technology to showcase AI memory, storage solutions at FMS 2026
Credo Technology (CRDO) Group Holding will showcase its latest interconnect products for AI memory and storage applications this week at the FMS 2026 conference. The FMS 2026 conference will take…
Credo Technology price target raised to $250 from $235 at Susquehanna
Susquehanna raised the firm’s price target on Credo Technology (CRDO) to $250 from $235 and keeps a Positive rating on the shares. For semiconductor names under its coverage, the firm…
Credo Technology price target raised to $300 from $260 at Barclays
Barclays analyst Tom O’Malley raised the firm’s price target on Credo Technology (CRDO) to $300 from $260 and keeps an Overweight rating on the shares. The firm adjusted ratings and…
Top Wall Street analysts are bullish on these 3 stocks for strong long-term growth potential
Amid volatility in global markets, top analysts can help investors look past near-term noise and pick attractive stocks with long-term potential.
AI's most explosive hardware trades are hitting a wall. Why optical and memory stocks are falling.
Optical stocks have emerged as a bountiful play on the artificial-intelligence trade, but Friday's selloff is putting a damper on that momentum.
Credo Technology price target raised to $340 from $252 at BofA
BofA raised the firm’s price target on Credo Technology (CRDO) to $340 from $252 and keeps a Buy rating on the shares. The firm updated its semis industry models and…
Credo stock surges on Evercore $325 target and optical growth outlook
Credo Technology CRDO stock surged 8.6% in trading after Evercore ISI initiated coverage with an Outperform rating and a $325 price target, the most bullish call on Wall Street. That target sits rough...
Monday's Morning Movers: MU & Anthropic Partnership, New CRDO Bull, ABBV Buys APGE
Micron (MU) is entering a new strategic partnership with Anthropic as Needham raises its price target on the AI memory stock. Credo Technology (CRDO) gets a new bull in Evercore ISI after it initiated...
Credo Technology price target raised to $350 from $250 at Stifel
Stifel raised the firm’s price target on Credo Technology (CRDO) to $350 from $250 and keeps a Buy rating on the shares. After having hosted CEO Bill Brennan and CFO…
Credo Technology initiated with an Outperform at Evercore ISI
Evercore ISI analyst Mark Lipacis initiated coverage of Credo Technology (CRDO) with an Outperform rating and $325 price target The firm senses that Credo is viewed as a copper-based AI-connectivity…
Credo Earns 2026 National and Regional Top Workplace Honors
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 ...
Open-Source AI Models Are Eating the Frontier: Where Value Goes
In June, a Chinese lab released a frontier-grade language model, GLM-5.2 from Zhipu AI (still private), under a permissive open-source license with a one-million-token context window. A week earlier, ...
Credo Technology Group Holding Transcript: Bank of America 2026 Global Technology Conference
A heterogeneous connectivity market is expected, with both AEC and ZeroFlap Optics driving rapid growth and reliability as a core differentiator. Optical and SerDes innovations, vertical integration, and robust supply chain management position the business for continued expansion and margin improvement.
Credo Technology Group Holding Transcript: 2026 Evercore Global TMT Conference
Revenue surpassed $1.3 billion in FY 2026, driven by AEC products and rapid expansion into optical and microLED technologies. The company expects continued high growth, strong margins, and a shift toward balanced copper and optical solutions for hyperscalers and Neoclouds.
Credo Technology price target raised to $290 from $260 at Mizuho
Mizuho analyst Vijay Rakesh raised the firm’s price target on Credo Technology (CRDO) to $290 from $260 and keeps an Outperform rating on the shares after the company reported “solid”…
Credo Technology price target raised to $260 from $240 at TD Cowen
TD Cowen analyst Sean O’Loughlin raised the firm’s price target on Credo Technology (CRDO) to $260 from $240 and keeps a Buy rating on the shares. The firm said its…
Credo Technology price target raised to $250 from $230 at JPMorgan
JPMorgan analyst Joseph Cardoso raised the firm’s price target on Credo Technology (CRDO) to $250 from $230 and keeps an Overweight rating on the shares post the fiscal Q4 report.
Credo Technology price target raised to $250 from $170 at Goldman Sachs
Goldman Sachs raised the firm’s price target on Credo Technology (CRDO) to $250 from $170 and keeps a Buy rating on the shares. The company delivered a solid quarter and…
Credo Technology price target raised to $235 from $200 at Susquehanna
Susquehanna raised the firm’s price target on Credo Technology (CRDO) to $235 from $200 and keeps a Positive rating on the shares. The firm updated its model after the company…
Credo Technology Group Holding Earnings Call Transcript: Q4 2026
Fiscal 2026 saw revenue more than triple and net income rise over 5x, driven by AI infrastructure demand and strong adoption of connectivity solutions. FY 2027 guidance projects over 80% revenue growth, with optical products contributing more than $600 million.