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$45.65 - $213.80
Previous CloseN/A
Volume1.24M
Average Volume (3M)7.04M
Market Cap
$33.21B
Enterprise Value$34.50B
Total Cash (Recent Filing)$1.30B
Total Debt (Recent Filing)$12.62M
Price to Earnings (P/E)35.2
Beta3.42
Next Earnings
Jun 03, 2026EPS Estimate
1.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.91
Shares Outstanding184,449,940
10 Day Avg. Volume7,677,535
30 Day Avg. Volume7,043,800
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 Cap1.04
Enterprise Value/Revenue32.30
Enterprise Value/Gross Profit47.62
Enterprise Value/Ebitda98.62
Forecast
1Y Price Target
$210.55Price Target Upside31.03% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
EPS Forecast (FY)5.1
Revenue Forecast (FY)$2.20B
Bulls Say, Bears Say
Bulls Say
Hyperscaler And AI DemandStrong adoption by hyperscalers and AI infrastructure customers for ZeroFlap optics and active electrical cables is driving production ramps and supports material revenue expansion potential.
Product Roadmap And Earnings OutlookManagement expects the acquisition combined with new product categories such as zero‑flap optics, retimers, and omni‑connect gearboxes to boost non‑GAAP earnings per share and generate multiple new revenue streams.
Vertical IntegrationAcquisition of a silicon photonics developer brings photonic integrated circuit production in‑house, reducing dependence on external suppliers and enabling faster time‑to‑market for optical modules.
Bears Say
Adoption And Customer Concentration RiskHeavy reliance on a small number of major hyperscaler customers and slower-than-expected co‑packaged optics deployments create demand uncertainty that could temper growth for higher‑value optical solutions.
Competitive Quality RiskAcquired silicon photonics technology may not be clearly differentiated from larger foundry competitors, creating execution risk if the in‑house asset fails to secure sustainable design wins.
Margin And Valuation PressureOverall non‑GAAP gross margins are expected to decline even as optical margins improve, and investor concern over copper exposure could exert downward pressure on the stock's valuation.
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 $45.65 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 $33.21B.
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 28 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:
$210.55 (31.03% Upside)
$210.55 (31.03% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 81%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 437.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 8.7%
Last 30 Days ▲ 8.7%
News Sentiment
Very Bullish
Bullish news 80%
Bearish news 20%
Bearish news 20%
Technicals
SMA
Negative
20 days / 200 days
Momentum
338.68%
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
$210.55
▲(31.03% Upside)
Technical Analysis
Ownership Overview
10.06% Insiders
20.74% Mutual Funds
3.99% Other Institutional Investors
45.97% Public Companies and Individual Investors