Credo Technology Group Holding Ltd (CRDO)

NASDAQ: CRDO · IEX Real-Time Price · USD
9.93
-0.07 (-0.70%)
At close: May 24, 2022 4:00 PM
9.44
-0.49 (-4.93%)
After-hours:May 24, 2022 5:30 PM EDT
Market Cap1.44B
Revenue (ttm)77.04M
Net Income (ttm)-22.54M
Shares Out144.80M
EPS (ttm)-0.29
PE Ration/a
Forward PE45.66
Dividendn/a
Ex-Dividend Daten/a
Volume362,066
Open9.98
Previous Close10.00
Day's Range9.54 - 10.24
52-Week Range8.61 - 18.00
Betan/a
AnalystsBuy
Price Target20.78 (+109.3%)
Earnings DateJun 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...

IndustryCommunication Equipment
IPO DateJan 27, 2022
CEOWilliam Brennan
Employees354
Stock ExchangeNASDAQ
Ticker SymbolCRDO
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$20.78
(109.26% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

1 week ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Business Wire

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...

2 months ago - GlobeNewsWire

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

2 months ago - Business Wire

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...

3 months ago - Benzinga

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...

3 months ago - GlobeNewsWire

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.

3 months ago - Benzinga

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire