Credo Technology Group Holding Ltd (CRDO)
| Market Cap | 40.12B +281.3% |
| Revenue (ttm) | 1.34B +205.7% |
| Net Income | 472.28M +805.0% |
| EPS | 2.51 +765.5% |
| Shares Out | 184.45M |
| PE Ratio | 86.65 |
| Forward PE | 35.90 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,444,804 |
| Open | 204.66 |
| Previous Close | 214.60 |
| Day's Range | 200.00 - 227.69 |
| 52-Week Range | 66.75 - 245.95 |
| Beta | 3.23 |
| Analysts | Strong Buy |
| Price Target | 250.91 (+15.36%) |
| 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
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 18 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price target is $250.91, which is an increase of 15.36% from the latest price.
News
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 price target raised to $275 from $220 at Needham
Needham raised the firm’s price target on Credo Technology (CRDO) to $275 from $220 and keeps a Buy rating on the shares. The company reported another beat and raise quarter…
Credo Technology price target raised to $215 from $175 at Rosenblatt
Rosenblatt analyst Mike Genovese raised the firm’s price target on Credo Technology (CRDO) to $215 from $175 and keeps a Neutral rating on the shares following the fiscal Q4 report.
Credo Technology price target raised to $252 from $210 at BofA
BofA analyst Vivek Arya raised the firm’s price target on Credo Technology (CRDO) to $252 from $210 and keeps a Buy rating on the shares. Following the Q4 report, the…
Credo Technology price target raised to $270 from $225 at Jefferies
Jefferies analyst Blayne Curtis raised the firm’s price target on Credo Technology (CRDO) to $270 from $225 and keeps a Buy rating on the shares after its Q4 earnings beat.
Credo Technology price target raised to $300 from $200 at Roth Capital
Roth Capital raised the firm’s price target on Credo Technology (CRDO) to $300 from $200 and keeps a Buy rating on the shares. Credo reported results and guidance that points…
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.
Credo Technology Group Holding Earnings release: Q4 2026
Credo Technology Group Holding released its Q4 2026 earnings on June 1, 2026, summarizing the period's financial results.
Credo Technology Group Holding Ltd Reports Fourth Quarter and Fiscal Year 2026 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (Nasdaq: CRDO) (“Credo”), an innovator in providing connectivity at scale through fast, reliable, and energy-efficient system solu...
Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Credo Technology (CRDO), consensus $1.03… HPE (HPE), consensus 53c.
Credo Technology price target raised to $260 from $220 at Mizuho
Mizuho analyst Vijay Rakesh raised the firm’s price target on Credo Technology (CRDO) to $260 from $220 and keeps an Outperform rating on the shares. The firm upped price targets…
Credo Completes Acquisition of DustPhotonics
SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo completes the acquisition of DustPhotonics.
Watch as Credo Flies on Institutional Inflows
Technology firm Credo Technology Group Holding Ltd. (CRDO) shares up 141% since first institutional outlier in June 2025.
Credo and Rebellions Work Together to Maximize Operational Efficiency in Enterprise AI Factories
SAN JOSE, Calif. & SEOUL, South Korea--(BUSINESS WIRE)-- #WeConnect--Credo and Rebellions are working together to maximize operational efficiency in enterprise AI factories.
Credo to Present at Upcoming Investor Conferences
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 Schedules Fourth Quarter and Fiscal Year 2026 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 solutio...
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 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.