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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$86.49 - $308.67
Previous CloseN/A
Volume1.24M
Average Volume (3M)10.11M
Market Cap
$49.54B
Enterprise Value$44.84B
Total Cash (Recent Filing)$1.44B
Total Debt (Recent Filing)$25.45M
Price to Earnings (P/E)98.6
Beta3.62
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. Volume10,181,091
30 Day Avg. Volume10,114,325
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 Cap0.91
Enterprise Value/Revenue33.59
Enterprise Value/Gross Profit49.37
Enterprise Value/Ebitda87.85
Forecast
1Y Price Target
$275.07Price Target Upside71.18% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
EPS Forecast (FY)6.1
Revenue Forecast (FY)$2.43B
Bulls Say, Bears Say
Bulls Say
High And Improving MarginsCredo's materially higher gross and net margins reflect durable unit economics from differentiated high‑speed connectivity IP and products. Sustained ~68% gross margin and >50% net margin support reinvestment, protect profitability through cycles, and provide structural cash generation to fund growth and R&D over multiple years.
Strong Cash Generation & Conservative Balance SheetRobust operating cash and a large cash reserve with virtually no leverage boost resilience to cyclical downturns and fund organic growth or M&A. Positive free cash flow and low debt reduce refinancing risk, enabling sustained investment in products and capacity over the next several years without dilutive capital raises.
Optics Acquisition & Expanded Product RoadmapThe DustPhotonics deal and articulated optics roadmap meaningfully expand Credo's addressable market into silicon‑photonic PICs, optical DSPs and CPO/NPO. This structural product diversification reduces sole dependence on copper retimers, creates multi-year revenue streams, and positions Credo for higher‑bandwidth data center trends.
Bears Say
High Customer ConcentrationSignificant revenue dependence on a few customers creates persistent downside risk: order lumpiness, pricing pressure, or a single large customer shift can materially swing quarterly and annual results. Over 2–6 months this concentration raises execution sensitivity and complicates revenue visibility despite strong product demand.
Advanced Node & Supply‑chain Capacity RiskReliance on external foundry capacity at advanced process nodes introduces structural execution risk. Chronic node shortages or reallocation by large customers can delay ramps, constrain shipments, or increase costs. Over the medium term this can slow product transitions, lengthen customer qualification cycles, and compress achievable growth timing.
Timing Risk For Optics Ramp And Rising OpexWhile optics is a strategic growth vector, its revenue timing depends on customer deployment choices and integration of acquired tech. Concurrently elevated R&D and operating expenses reduce margin buffers if optical ramps lag. This execution/timing risk could temper near‑term profitability and cash conversion until optics volumes become recurring.
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 $86.48 and its highest was $308.67 in the past 12 months.
What is Credo Technology Group Holding Ltd.’s market cap?
Credo Technology Group Holding Ltd.’s market cap is $49.54B.
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 59 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
1
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5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$275.07 (71.18% Upside)
$275.07 (71.18% Upside)
Blogger Sentiment
Bullish
CRDO Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $20.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▲ 8.6%
Last 30 Days ▲ 8.6%
News Sentiment
Bullish
Bullish news 80%
Bearish news 20%
Bearish news 20%
Technicals
SMA
Positive
20 days / 200 days
Momentum
164.97%
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
$275.07
▲(71.18% Upside)
Technical Analysis
Ownership Overview
10.01% Insiders
21.28% Mutual Funds
0.61% Other Institutional Investors
48.27% Public Companies and Individual Investors