Credo Technology Group Holding Ltd. (CRDO)
NASDAQ:CRDO
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CRDO Stock Chart & Stats
$160.69
-$3.88(-5.15%)
At close: 4:00 PM EST
$160.69
-$3.88(-5.15%)
Day’s Range― - ―
52-Week Range$81.72 - $274.90
Previous CloseN/A
Volume1.24M
Average Volume (3M)8.74M
Market Cap
$50.69B
Enterprise Value$44.84B
Total Cash (Recent Filing)$1.44B
Total Debt (Recent Filing)$20.62M
Price to Earnings (P/E)106.3
Beta3.55
Next Earnings
Sep 09, 2026EPS Estimate
1.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)2.62
Shares Outstanding186,477,900
10 Day Avg. Volume10,846,145
30 Day Avg. Volume8,736,743
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)15.95
Price to Sales (P/S)24.66
P/FCF Ratio80.88
Enterprise Value/Market Cap0.88
Enterprise Value/Revenue33.59
Enterprise Value/Gross Profit49.37
Enterprise Value/Ebitda87.85
Forecast
1Y Price Target
$258.07Price Target Upside60.60% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)5.98
Revenue Forecast (FY)$2.39B
Bulls Say, Bears Say
Bulls Say
Industry-leading MarginsSustained, industry-leading gross and net margins (~68% gross, ~50% non‑GAAP net in latest periods) reflect differentiated SerDes/optics IP and favorable product mix. High margins support durable cash generation, reinvestment capacity and resilience to pricing pressure as volumes scale.
Strong Cash Generation & Balance SheetRobust quarterly operating cash and large cash reserves provide strategic flexibility. Combined with extremely low leverage (debt-to-equity ~0.01), this underpins the firm's ability to fund R&D, M&A and optics ramps without immediate external financing, enhancing long-term execution optionality.
Strategic Optics Expansion (Dust Photonics)The DustPhotonics acquisition and optics roadmap (ZeroFlap, SiPho PICs, optical DSPs) materially broadens addressable markets and shifts mix toward higher-value optical interconnects. This structural move diversifies revenue, accelerates multi-year growth vectors and strengthens competitive position in hyperscale networking.
Bears Say
Customer ConcentrationHigh revenue concentration (largest customer ~34%, top four ≥10% each) creates persistent execution risk: customer-specific demand swings can cause lumpy quarter-to-quarter results, weaken pricing leverage and make long-term planning and margin sustainability more contingent on a few counterparties.
Supply / Process-node Capacity RisksDependence on advanced foundry nodes and constrained supply chains presents a durable execution risk. Delays or constrained 3nm capacity can slow product ramps, extend qualification timelines for optics and retimers, and reduce the company’s ability to meet large hyperscaler orders during critical growth windows.
Prior Losses And Cash Volatility HistoryAlthough recent years show strong profitability, the company has a history of losses and negative cash flow (notably 2022–2023). Sustaining current margins and cash conversion through cycles and as optics ramps is essential; failure to do so would expose longer-term financial durability risks.
Credo Technology Group Holding Ltd News
CRDO FAQ
What was Credo Technology Group Holding Ltd.’s price range in the past 12 months?
Credo Technology Group Holding Ltd. lowest stock price was $81.72 and its highest was $274.90 in the past 12 months.
What is Credo Technology Group Holding Ltd.’s market cap?
Credo Technology Group Holding Ltd.’s market cap is $50.69B.
When is Credo Technology Group Holding Ltd.’s upcoming earnings report date?
Credo Technology Group Holding Ltd.’s upcoming earnings report date is Sep 09, 2026 which is in 81 days.
How were Credo Technology Group Holding Ltd.’s earnings last quarter?
Credo Technology Group Holding Ltd. released its earnings results on Jun 01, 2026. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.025 by $0.135.
Is Credo Technology Group Holding Ltd. overvalued?
According to Wall Street analysts Credo Technology Group Holding Ltd.’s price is currently Undervalued.
Does Credo Technology Group Holding Ltd. pay dividends?
Credo Technology Group Holding Ltd. does not currently pay dividends.
What is Credo Technology Group Holding Ltd.’s EPS estimate?
Credo Technology Group Holding Ltd.’s EPS estimate is 1.16.
How many shares outstanding does Credo Technology Group Holding Ltd. have?
Credo Technology Group Holding Ltd. has 186,477,900 shares outstanding.
What happened to Credo Technology Group Holding Ltd.’s price movement after its last earnings report?
Credo Technology Group Holding Ltd. reported an EPS of $1.16 in its last earnings report, beating expectations of $1.025. Following the earnings report the stock price went up 1.283%.
Which hedge fund is a major shareholder of Credo Technology Group Holding Ltd.?
Currently, no hedge funds are holding shares in CRDO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Credo Technology Group Holding Ltd Stock Smart Score
Outperform
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10
Analyst Consensus
Strong Buy
Average Price Target:
$258.07 (60.60% Upside)
$258.07 (60.60% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $21.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 13.2%
Last 30 Days ▲ 13.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 40%
Bearish news 40%
Technicals
SMA
Positive
20 days / 200 days
Momentum
217.59%
12-Months-Change
Fundamentals
Return on Equity
31.59%
Trailing 12-Months
Asset Growth
183.67%
Trailing 12-Months
Company Description
Credo Technology Group Holding Ltd.
Credo Technology Group Holding Ltd (CRDO) specializes in delivering advanced high-speed connectivity solutions for both optical and electrical Ethernet applications. Its operational reach extends globally, encompassing the United States, Mexico, Mainland China, Hong Kong, and various other international regions. The company's product offerings include integrated circuits (ICs), active electrical cables (AECs), and SerDes chiplets, all developed utilizing its proprietary serializer/deserializer (SerDes) and digital signal processor (DSP) technologies. Beyond hardware, Credo also provides intellectual property (IP) solutions, particularly focusing on SerDes IP licensing. Established in 2008, the firm's corporate headquarters are situated in San Jose, California.
CRDO Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed very strong operational and financial momentum: record revenue, large double- and triple-digit year-over-year growth, industry-leading margins, robust cash generation, and an aggressive product and optics roadmap (including the Dust Photonics acquisition). Management provided confident guidance for continued revenue growth (>80% YoY for FY27) and outlined a clear back-half inflection driven by optics while acknowledging execution and timing risks (customer lumpiness, supply-chain/process-node capacity, tariff uncertainty) and near-term elevated R&D/opex. On balance the positives (scale, margin expansion, product and M&A momentum, strong cash) substantially outweigh the cited risks.View all CRDO earnings summariesCRDO Stock 12 Month Forecast
Average Price Target
$258.07
▲(60.60% Upside)
Technical Analysis
Ownership Overview
10.05% Insiders
19.86% Mutual Funds
16.74% Other Institutional Investors
30.51% Public Companies and Individual Investors