Credo Technology Group Holding Ltd (CRDO)

NASDAQ: CRDO · Real-Time Price · USD
147.10
-4.56 (-3.01%)
Oct 21, 2025, 12:10 PM EDT - Market open
-3.01%
Market Cap25.45B
Revenue (ttm)600.14M
Net Income (ttm)125.12M
Shares Out 173.00M
EPS (ttm)0.67
PE Ratio218.55
Forward PE69.74
Dividendn/a
Ex-Dividend Daten/a
Volume2,700,727
Open150.41
Previous Close151.66
Day's Range144.51 - 153.12
52-Week Range29.09 - 176.70
Beta2.60
AnalystsStrong Buy
Price Target132.83 (-9.7%)
Earnings DateDec 1, 2025

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 13 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price target is $132.83, which is a decrease of -9.70% from the latest price.

Price Target
$132.83
(-9.70% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

$500 purple cables put this little-known company in the middle of the AI boom

Credo, which produces cables and chips to connect powerful AI computers, has seen its share price double this year, after soaring 245% in 2024. The company's cables can cost between $300 and $500, and...

3 days ago - CNBC

Play the AI Boom With Credo Stock, J.P. Morgan Says.

The company is a leader in high-speed data connections used in AI data centers.

4 days ago - Barrons

Credo's Pullback: How It Became AI's Nerve System

Credo reported record Q1 FY2026 revenue of $223.1 million, up 274% year-over-year, with non-GAAP gross margins expanding to 67.6%. Despite a recent pullback, Credo remains positioned for 40% operating...

5 days ago - Seeking Alpha

Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers.

6 days ago - Business Wire

Credo: Cheap Or Expensive For The AI Opportunity?

Credo Technology Group Holding Ltd shares have been taking a beating for the past month and crashed 8% on Friday. We see a window to load up. Credo's AEC product line is gaining traction with hypersca...

7 days ago - Seeking Alpha

Credo Unveils ZeroFlap Optical Transceivers – A Reliability Revolution for Optics in AI Networks

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved rel...

8 days ago - Business Wire

Credo to Showcase High-Speed Connectivity Solutions for AI Infrastructure at the 2025 OCP Global Summit

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo to Showcase High-Speed Connectivity Solutions for AI Infrastructure at the 2025 OCP Global Summit.

8 days ago - Business Wire

5 Stocks In The Spotlight From Wall Street's Most Accurate Analysts Last Week

U.S. stocks settled lower on Friday, with the Nasdaq Composite falling more than 800 points during the session after President Donald Trump threatened a sweeping increase in tariffs on Chinese imports...

Other symbols: CLSKDELLFTAINWBI
8 days ago - Benzinga

Credo Shares Rise 2.8% To Intraday High After Power Inflow Signal

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

13 days ago - Benzinga

Credo to Acquire Hyperlume, Inc.

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo to Acquire Hyperlume, Inc.; Addition of MicroLED Technology Capabilities Accelerates Credo Leadership in High-Speed Connectivity.

21 days ago - Business Wire

Credo Launches 224G PAM4 SerDes IP on TSMC N3 Process Technology

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and ...

27 days ago - Business Wire

Credo to Showcase High-Performance, Low-Power Optical AI Connectivity Solutions at ECOC 2025

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo to Showcase High-Performance, Low-Power Optical AI Connectivity Solutions at ECOC 2025.

4 weeks ago - Business Wire

Credo: Continue Riding The Wave

Credo Technology Group delivered record Q1 results, with revenues up 273.6% and significant margin expansion, driven by strong AI connectivity demand. CRDO's innovation edge was highlighted by the Blu...

4 weeks ago - Seeking Alpha

15 stocks to cash in on an expected 300% boost in cloud AI spending through 2028

Analysts at TD Cowen surveyed 215 companies on their cloud spending plans — an annual process they say “has been predictive of critical industry trends” since 2012.

4 weeks ago - Market Watch

Buy Sell Or Hold Credo Stock?

Credo Technology stock (NASDAQ:CRDO) surged nearly 10% on Wednesday and has more than doubled over the past quarter, elevating its market capitalization to approximately $28 billion. The firm offers h...

5 weeks ago - Forbes

Credo Technology Group Holding Ltd (CRDO) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript

Credo Technology Group Holding Ltd (NASDAQ:CRDO) Goldman Sachs Communacopia + Technology Conference 2025 September 10, 2025 6:45 PM EDT Company Participants William Brennan - President, CEO & Chairma...

5 weeks ago - Seeking Alpha

Credo Unveils Bluebird 1.6T Optical DSP for Low-Power, High-Bandwidth, and Ultra-low Latency AI Networks

SHENZHEN, China--(BUSINESS WIRE)--Credo Unveils Bluebird 1.6T Optical DSP for Low-Power, High-Bandwidth, and Ultra-low Latency AI Networks.

5 weeks ago - Business Wire

Credo Technology: AI Hype Nearing Its Peak - Double-Digits Correction Likely

CRDO's triple-digits rally since the April 2025 bottom may be attributed to the expanding hyperscaler partnership & bottom-line inflection arising from higher pricing power/ improving operational scal...

6 weeks ago - Seeking Alpha

Credo's Quiet Domination Of Data Centers

Q1 FY2026 revenue surged 274% YoY to $223M, with $217M from AECs, and gross margins of 67.3%. Customer concentration risk easing: three hyperscalers now above 10% of sales, largest customer down to 35...

6 weeks ago - Seeking Alpha

Overlooked Stock: CRDO at All-Time High, Defines Role in A.I. Race

George Tsilis turns to a stock many don't realize is important to the A.I. race: Credo Technology (CRDO).

6 weeks ago - Schwab Network

Credo Technology: Hold And Watch

Credo Technology's revenue growth hit an inflection point a few quarters ago, and so did the company's execution. Strong top- and bottom-line growth was driven by increased demand across the expanding...

6 weeks ago - Seeking Alpha

Credo Revenue Forecast Jumps 120%, Analyst Expects Hyperscaler Demand To Drive Growth

Credo Technology CRDO expects fiscal 2026 revenue to jump roughly 120% year-over-year, fueled by strong demand from hyperscaler customers and adoption of its AEC products.

6 weeks ago - Benzinga

Is Credo the next hot AI stock? Its massive growth is impressing Wall Street.

The company's July-quarter results and guidance came in above Wall Street's expectations, and some analysts see upside for its AEC and optical offerings.

6 weeks ago - Market Watch

Credo Technology Group Holding Ltd (CRDO) Q1 2026 Earnings Call Transcript

Credo Technology Group Holding Ltd (NASDAQ:CRDO) Q1 2026 Earnings Call September 3, 2025 5:00 PM EDT Company Participants Daniel O'Neil - Vice President of Corporate Development & Investor Relations ...

6 weeks ago - Seeking Alpha

Credo Technology Group Holding Ltd Reports First Quarter of Fiscal Year 2026 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Credo) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved reliability and ...

6 weeks ago - Business Wire