Credo Technology Group Holding Ltd (CRDO)

Market Cap	2.71B
Revenue (ttm)	167.16M
Net Income (ttm)	-8.93M
Shares Out	146.76M
EPS (ttm)	-0.03
PE Ratio	n/a
Forward PE	111.11
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,534,871
Open	17.88
Previous Close	18.21
Day's Range	17.56 - 18.60
52-Week Range	8.61 - 18.77
Beta	n/a
Analysts	Buy
Price Target	18.87 (+2.36%)
Earnings Date	Mar 8, 2023

About CRDO

Credo 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 integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company also offers intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, Califo...

• Industry: Communication Equipment
• Sector: Technology
• IPO Date: Jan 27, 2022
• Employees: 382
• Stock Exchange: NASDAQ
• Ticker Symbol: CRDO

Financial Performance

In 2022, CRDO's revenue was $106.48 million, an increase of 81.40% compared to the previous year's $58.70 million. Losses were -$22.18 million, -19.39% less than in 2021.

Analyst Forecast

According to 14 analysts, the average rating for CRDO stock is "Buy." The 12-month stock price forecast is $18.87, which is an increase of 2.36% from the latest price.

Price Target

$18.87

(2.36% upside)

Analyst Consensus: Buy