Credo Technology Group Holding Ltd (CRDO)
| Market Cap | 30.63B +8.0% |
| Revenue (ttm) | 1.59B +165.1% |
| Net Income | 538.31M +330.2% |
| EPS | 2.83 +320.7% |
| Shares Out | 187.95M |
| PE Ratio | 57.55 |
| Forward PE | 22.33 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 5,889,838 |
| Open | 162.88 |
| Previous Close | 160.31 |
| Day's Range | 160.44 - 164.80 |
| 52-Week Range | 86.49 - 308.67 |
| Beta | 3.23 |
| Analysts | Strong Buy |
| Price Target | 281.39 (+72.69%) |
| 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 $281.39, which is an increase of 72.69% from the latest price.
News
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 down 6% at $193.58 after Q1 results and guidance
16:11 EDT Credo Technology (CRDO) down 6% at $193.58 after Q1 results and guidance
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...
Credo Technology Group Holding Proxy statement: Proxy filing
Credo Technology Group Holding filed a proxy statement on August 25, 2026, providing details for shareholder voting and corporate governance matters.
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 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.
