Credo Technology Group Holding Ltd (CRDO)
| Market Cap | 35.49B +385.7% |
| Revenue (ttm) | 1.07B +226.1% |
| Net Income | 339.77M +6,538.6% |
| EPS | 1.82 +5,811.5% |
| Shares Out | 184.45M |
| PE Ratio | 105.56 |
| Forward PE | 40.21 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,296,384 |
| Open | 201.90 |
| Previous Close | 198.57 |
| Day's Range | 186.00 - 202.75 |
| 52-Week Range | 55.75 - 213.80 |
| Beta | 3.17 |
| Analysts | Strong Buy |
| Price Target | 179.62 (-6.66%) |
| Earnings Date | Jun 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]
Financial Performance
Financial StatementsAnalyst 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 a decrease of -6.66% from the latest price.
News
Credo Technology Group call volume above normal and directionally bullish
Bullish option flow detected in Credo Technology (CRDO) Group with 3,131 calls trading, 1.1x expected, and implied vol increasing over 2 points to 103.74%. May-26 200 calls and 5/8 weekly…
Credo Technology initiated with a Buy at Rothschild & Co Redburn
Rothschild & Co Redburn initiated coverage of Credo Technology (CRDO) with a Buy rating and $206 price target The firm says the monetization of generative AI capex will require more…
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...
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 ...
Credo Technology falls -7.5%
Credo Technology (CRDO) is down -7.5%, or -$12.66 to $155.69.
Credo Technology price target raised to $170 from $150 at Goldman Sachs
Goldman Sachs analyst James Schneider raised the firm’s price target on Credo Technology (CRDO) to $170 from $150 and keeps a Buy rating on the shares. Credo’s acquisition of DustPhotonics…
Credo Technology price target raised to $210 from $160 at BofA
BofA raised the firm’s price target on Credo Technology (CRDO) to $210 from $160 and keeps a Buy rating on the shares. Following Credo’s agreement to acquire DustPhotonics, management now…
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.
Credo Technology price target raised to $175 from $125 at Rosenblatt
Rosenblatt analyst Mike Genovese raised the firm’s price target on Credo Technology (CRDO) to $175 from $125 and keeps a Neutral rating on the shares. The market is excited by…
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.
Credo Technology rises 18.4%
Credo Technology (CRDO) is up 18.4%, or $24.66 to $159.02.
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.
Credo Technology rises 13.1%
Credo Technology (CRDO) is up 13.1%, or $17.64 to $152.00.
Credo Stock (CRDO) Jumps Another 15% on $750M DustPhotonics Acquisition Deal
Credo’s ($CRDO) shares extended their 12.35% rally on Monday by climbing another 16% in Tuesday’s pre-market trading. The latter came after a U.S.-based connectivity solutions provider announced a $75...
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.
Credo Technology up another 9% afterhours after DustPhotonics acquisition
17:17 EDT Credo Technology (CRDO) up another 9% afterhours after DustPhotonics acquisition
Credo Technology to acquire DustPhotonics for $750M in cash plus stock
Credo Technology (CRDO) announced it has entered into a definitive agreement to acquire DustPhotonics, a developer of Silicon Photonics Photonic Integrated Circuit technology for optical transceivers....
Credo Agrees to Acquire DustPhotonics, Accelerating Expansion into Silicon Photonics and Next Generation Optical Connectivity
SAN JOSE, Calif.--(BUSINESS WIRE)---- $CRDO #WeConnect--Credo Agrees to Acquire DustPhotonics, Accelerating Expansion into Silicon Photonics and Next Generation Optical Connectivity.
Credo jumps 11% as Jefferies backs copper tech in AI boom debate
Shares of Credo Technology rose 11% on Monday after Jefferies initiated coverage with a Buy rating, highlighting what it called a disconnect between investor concerns and the company's long-term growt...
Credo Stock (CRDO) Soars 12% as Jefferies Flags “Significant Disconnect” in Investors’ AI View
Credo’s ($CRDO) shares jumped about 12% on Monday afternoon after Jefferies made a bullish call on the American high-speed connectivity solutions provider. Jefferies Backs Credo as AI Play Jefferies’ ...
Credo Technology rises 10.4%
Credo Technology (CRDO) is up 10.4%, or $12.41 to $132.00.
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...
Unusually active option classes on open April 13th
Unusual total active option classes on open include: Organon and Co (OGN), Poet Technologies (POET), Babcock & Wilcox (BW), Credo Technology Group (CRDO), Goldman Sachs (GS), Astera Labs Inc (ALAB),…
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.
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.