Credo Technology Group Holding Ltd (CRDO)

Market Cap	2.86B
Revenue (ttm)	164.28M
Net Income (ttm)	-33.83M
Shares Out	163.29M
EPS (ttm)	-0.23
PE Ratio	n/a
Forward PE	102.74
Dividend	n/a
Ex-Dividend Date	n/a

Volume	98,260
Open	17.64
Previous Close	17.78
Day's Range	17.42 - 17.73
52-Week Range	7.20 - 23.90
Beta	1.97
Analysts	Strong Buy
Price Target	23.50 (+33.9%)
Earnings Date	May 29, 2024

About CRDO

Credo Technology Group Holding Ltd provides various high-speed connectivCredo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Mainland China, Hong Kong, and internationally. Its products include HiWire active electrical cables, optical digital signal processors, low-power line card PHY, serializer/deserializer (SerDes) chiplets, and SerDes IP. The company also offers intellectual property solutions consist of SerDes IP licensing. It se...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Jan 27, 2022
• Employees: 438
• Stock Exchange: NASDAQ
• Ticker Symbol: CRDO

Financial Performance

In 2023, CRDO's revenue was $184.19 million, an increase of 72.99% compared to the previous year's $106.48 million. Losses were -$16.55 million, -25.38% less than in 2022.

Analyst Forecast

According to 8 analysts, the average rating for CRDO stock is "Strong Buy." The 12-month stock price forecast is $23.5, which is an increase of 33.90% from the latest price.

Price Target

$23.5

(33.90% upside)

Analyst Consensus: Strong Buy