Credo Technology Group Holding Ltd (CRDO)
| Market Cap | 1.44B |
| Revenue (ttm) | 77.04M |
| Net Income (ttm) | -22.54M |
| Shares Out | 144.80M |
| EPS (ttm) | -0.29 |
| PE Ratio | n/a |
| Forward PE | 45.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 362,066 |
| Open | 9.98 |
| Previous Close | 10.00 |
| Day's Range | 9.54 - 10.24 |
| 52-Week Range | 8.61 - 18.00 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 20.78 (+109.3%) |
| Earnings Date | Jun 1, 2022 |
About CRDO
Credo is an innovator in providing secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. Our innovations ease system bandwidth bottlenecks while simultaneously improving on power, security and reliability. Our connectivity solutions are optimized for optical and electrical Ethernet applications. Our products are based on our proprietary Serializer/Deserializer (SerDes) and Digital Signal Pr...
Financial Performance
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for CRDO stock is "Buy." The 12-month stock price forecast is 20.78, which is an increase of 109.26% from the latest price.
News
Credo Schedules Fourth Quarter and Fiscal Year 2022 Financial Results Conference Call
SAN JOSE, Calif., May 12, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved ...
Credo Technology Group Holding Ltd Reports Third Quarter of Fiscal Year 2022 Financial Results
SAN JOSE, Calif., March 09, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (NASDAQ: CRDO), an innovator in providing secure, high-speed connectivity solutions that deliver improved power an...
Credo Targets Hyperscale Data Centers & Telecom with Multiple New Line Card Devices
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Technology Group Holding Ltd (NASDAQ: CRDO) today introduced the new Sparrow 800G gearbox and Heron 1.6T retimer/gearbox devices targeted at hyperscale data cent...
Credo to Present at 34th Annual Roth Conference
SAN JOSE, Calif., March 07, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO) today announced that Bill Brennan, CEO, and Dan Fleming, CFO, are scheduled to present at...
Credo Expands High Performance Seagull Family With Integrated 50Gbps PAM4 VCSEL and EML Drivers
SAN JOSE, Calif.--(BUSINESS WIRE)--Credo Expands High Performance Seagull Family with Integrated 50Gbps PAM4 VCSEL and EML Drivers
Why This Analyst Believes In Credo Technology
Credo Technology Group Holding Ltd (NASDAQ: CRDO) is an emerging cloud networking specialist that estimates its addressable market to grow at a compounded annual growth rate (CAGRA) of nearly 49%, accor...
Credo Schedules Third Quarter Fiscal Year 2022 Financial Results Conference Call
SAN JOSE, Calif., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO) today announced it will hold a conference call on Wednesday, March 9, 2022, at 2:00 p.m. P...
Credo Tech Shares Pop After Completing Its IPO
Credo Technology Group Holding Ltd (NASDAQ: CRDO) completed an initial public offering of 20 million shares at $10.00 per share. The company raised $183.8 million from the offering.
Credo announces closing of initial public offering
SAN JOSE, Calif., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO) today announced the closing of its initial public offering of 20,000,000 of its ordinary s...
Credo announces pricing of initial public offering
SAN JOSE, Calif., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (“Credo”) (Nasdaq: CRDO) today announced the pricing of its initial public offering of 20,000,000 of its ordinary s...