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Credo Technology Group Holding Ltd (CRDO)
NASDAQ:CRDO
CRDO Stock Chart & Stats
$129.66
-$3.88(-5.15%)
At close: 4:00 PM EST
$129.66
-$3.88(-5.15%)
Day’s Range― - ―
52-Week Range$29.09 - $213.80
Previous CloseN/A
Volume1.24M
Average Volume (3M)4.87M
Market Cap
$23.40B
Enterprise Value$22.87B
Total Cash (Recent Filing)$813.58M
Total Debt (Recent Filing)$12.81M
Price to Earnings (P/E)113.2
Beta3.38
Next Earnings
Mar 11, 2026EPS Estimate
0.78Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.67
Shares Outstanding180,631,710
10 Day Avg. Volume5,158,496
30 Day Avg. Volume4,869,041
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 Cap0.98
Enterprise Value/Revenue28.72
Enterprise Value/Gross Profit43.02
Enterprise Value/Ebitda103.02
Forecast
1Y Price Target
$224.44Price Target Upside73.10% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering12
EPS Forecast (FY)2.79
Revenue Forecast (FY)$1.19B
Bulls Say, Bears Say
Bulls Say
Hyperscaler Demand And Data Center AdoptionGrowing deployment of Credo's active electrical cables by major cloud customers, including expanding use by Amazon and Meta, supports meaningful revenue upside from data center scale-out and scale-up use cases.
Intellectual Property And LicensingPatent licensing agreement with a major industrial company validates Credo's active electrical cable technology and underscores the commercial value of its intellectual property.
Product Diversification And Addressable Market ExpansionIntroduction of new product categories such as zero-flap optics, active LED cables, and omni-connect gearboxes broadens Credo's addressable markets and creates multiple pathways for sustained revenue growth.
Bears Say
Customer Concentration And Supply Chain ExposureRevenue dependence on a few large customers combined with supply chain exposure in mainland China and Taiwan increases the company's operational and geopolitical risk.
Limited Impact Of Licensing On Overall RevenueLicensing deals account for only a small portion of total revenue, so licensing announcements are unlikely to move the stock as much as growth in the core manufactured cable business.
Technology Scaling And Competitive PressureAdvanced copper cable technology may struggle to scale to the highest future data rates and faces strong competition from established optical suppliers, which could erode long-term market share.
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 $29.09 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 $23.40B.
When is Credo Technology Group Holding Ltd’s upcoming earnings report date?
Credo Technology Group Holding Ltd’s upcoming earnings report date is Mar 11, 2026 which is in 41 days.
How were Credo Technology Group Holding Ltd’s earnings last quarter?
Credo Technology Group Holding Ltd released its earnings results on Dec 01, 2025. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.492 by $0.178.
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 0.78.
How many shares outstanding does Credo Technology Group Holding Ltd have?
Credo Technology Group Holding Ltd has 180,631,710 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 $0.67 in its last earnings report, beating expectations of $0.492. Following the earnings report the stock price went up 10.115%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$224.44 (73.10% Upside)
$224.44 (73.10% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 80%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 404.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.5M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.8%
Last 30 Days ▲ 15.0%
Last 30 Days ▲ 15.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
133.03%
12-Months-Change
Fundamentals
Return on Equity
22.87%
Trailing 12-Months
Asset Growth
126.96%
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
Q2 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted record-breaking financial performance, strong growth in key product segments, and strategic expansions into new market opportunities, indicating a positive business outlook. However, potential supply chain constraints and a significant planned increase in operating expenses present challenges that need to be managed effectively.View all CRDO earnings summariesCRDO Stock 12 Month Forecast
Average Price Target
$224.44
▲(73.10% Upside)
Technical Analysis
Ownership Overview
13.54% Insiders
19.74% Mutual Funds
0.33% Other Institutional Investors
45.84% Public Companies and Individual Investors