Credo Technology Group Holding Ltd (CRDO)
| Market Cap | 25.45B |
| Revenue (ttm) | 600.14M |
| Net Income (ttm) | 125.12M |
| Shares Out | 173.00M |
| EPS (ttm) | 0.67 |
| PE Ratio | 218.55 |
| Forward PE | 69.74 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,700,727 |
| Open | 150.41 |
| Previous Close | 151.66 |
| Day's Range | 144.51 - 153.12 |
| 52-Week Range | 29.09 - 176.70 |
| Beta | 2.60 |
| Analysts | Strong Buy |
| Price Target | 132.83 (-9.7%) |
| Earnings Date | Dec 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]
Financial Performance
Financial StatementsAnalyst 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.
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...
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.
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...
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.
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...
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...
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.
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...
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...
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.
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 ...
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.
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...
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.
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...
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...
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.
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...
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...
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).
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...
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.
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.
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 ...
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 ...