Credo Technology Group Holding Ltd (CRDO)
NASDAQ:CRDO
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CRDO Stock Chart & Stats
$159.52
-$3.88(-5.15%)
At close: 4:00 PM EST
$159.52
-$3.88(-5.15%)
Day’s Range― - ―
52-Week Range$33.04 - $213.80
Previous CloseN/A
Volume1.24M
Average Volume (3M)7.17M
Market Cap
$31.05B
Enterprise Value$29.84B
Total Cash (Recent Filing)$1.30B
Total Debt (Recent Filing)$12.62M
Price to Earnings (P/E)35.2
Beta3.35
Next Earnings
Jun 03, 2026EPS Estimate
1.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.07
Shares Outstanding184,449,940
10 Day Avg. Volume5,123,814
30 Day Avg. Volume7,168,218
Financial Highlights & Ratios
PEG Ratio-0.51
Price to Book (P/B)10.58
Price to Sales (P/S)16.51
P/FCF Ratio248.47
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue27.94
Enterprise Value/Gross Profit41.19
Enterprise Value/Ebitda85.33
Forecast
1Y Price Target
$203.00Price Target Upside27.26% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
EPS Forecast (FY)3.3
Revenue Forecast (FY)$1.33B
Bulls Say, Bears Say
Bulls Say
Acquisition & Vertical IntegrationAcquisition of a photonics developer brings silicon photonics chip production in-house, securing key components and supply needed to support the production ramp for ZeroFlap optics.
Customer Demand & Production RampAccelerated demand from hyperscalers and neocloud customers prompted earlier production scheduling for ZeroFlap and Active Electrical Cables, improving revenue visibility and manufacturing utilization.
Product Diversification & Market ExpansionExpansion into silicon photonics plus new product lines such as retimers, digital signal processors, Active LED Cables, and OmniConnect gearbox solutions materially expands the addressable market and reduces reliance on legacy copper products.
Bears Say
Competitive Pressure From Large Semiconductor FirmsCompetition from large semiconductor companies targeting advanced optical modules raises the risk of price erosion and potential share loss in key optical markets.
Co-Packaged Optics Adoption UncertaintyOngoing debate and delayed deployments of co-packaged optics by hyperscalers could sustain negative sentiment and slow adoption of the company's higher-value optical solutions.
Valuation Risk From Copper ExposureInvestor concern about valuation risk tied to significant exposure to copper-based products could create downward pressure on the stock despite operational momentum.
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 $33.04 and its highest was $213.80 in the past 12 months.
What is Credo Technology Group Holding Ltd’s market cap?
Credo Technology Group Holding Ltd’s market cap is $31.05B.
When is Credo Technology Group Holding Ltd’s upcoming earnings report date?
Credo Technology Group Holding Ltd’s upcoming earnings report date is Jun 03, 2026 which is in 48 days.
How were Credo Technology Group Holding Ltd’s earnings last quarter?
Credo Technology Group Holding Ltd released its earnings results on Mar 02, 2026. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.912 by $0.158.
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 1.03.
How many shares outstanding does Credo Technology Group Holding Ltd have?
Credo Technology Group Holding Ltd has 184,449,940 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 $1.07 in its last earnings report, beating expectations of $0.912. Following the earnings report the stock price went down -14.814%.
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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$203.00 (27.26% Upside)
$203.00 (27.26% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 78%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 437.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 4.0%
Last 30 Days ▲ 7.0%
Last 30 Days ▲ 7.0%
News Sentiment
Very Bullish
Bullish news 97%
Bearish news 3%
Bearish news 3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
307.97%
12-Months-Change
Fundamentals
Return on Equity
29.56%
Trailing 12-Months
Asset Growth
183.00%
Trailing 12-Months
Company Description
Credo Technology Group Holding Ltd
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, California.
CRDO Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed very strong operational and financial momentum: record revenue, robust margins, exceptional cash generation, multiple product ramps (ZeroFlap Optics, AECs, PCIe Gen6, Blue Heron, OmniConnect, ALCs) and an acquisition to expand IP capabilities. Near-term conservatism appears in guidance (lower gross margin midpoint, modest sequential revenue guidance) and there are manageable risks including customer concentration, an inventory build, elevated R&D/OpEx, tariff and memory supply uncertainty, and market noise around CPO/optical competition. On balance, the call emphasized accelerating growth and execution with identifiable but contained risks.View all CRDO earnings summariesCRDO Stock 12 Month Forecast
Average Price Target
$203.00
▲(27.26% Upside)
Technical Analysis
Ownership Overview
10.15% Insiders
20.59% Mutual Funds
0.24% Other Institutional Investors
50.68% Public Companies and Individual Investors