Credo Technology Group Holding Ltd (CRDO)

US — Technology Sector
Peers: HPE  CIEN  ERIC  ALAB  PSTG  FIS  KEYS  NOK  SNDK  SMCI 

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Key Metrics & Ratings

  • symbol CRDO
  • Rev/Share 3.4906
  • Book/Share 4.5448
  • PB 37.4402
  • Debt/Equity 0.02
  • CurrentRatio 7.4143
  • ROIC 0.1367

 

  • MktCap 29432587792.0
  • FreeCF/Share 0.5436
  • PFCF 314.8948
  • PE 233.8126
  • Debt/Assets 0.0172
  • DivYield 0
  • ROE 0.1889

 

  • Rating B-
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation CRDO JP Morgan -- Overweight -- $165 Oct. 17, 2025
Resumed CRDO TD Cowen -- Buy -- $170 Oct. 1, 2025
Initiation CRDO William Blair -- Outperform -- -- Sept. 18, 2025
Reiterated CRDO Needham -- Buy $85 $150 Sept. 4, 2025
Reiterated CRDO TD Cowen -- Buy $140 $160 Sept. 4, 2025
Reiterated CRDO TD Cowen -- Buy $85 $95 June 18, 2025
Reiterated CRDO TD Cowen -- Buy $50 $85 June 3, 2025
Upgrade CRDO Susquehanna Neutral Positive -- $60 March 10, 2025
Initiation CRDO Susquehanna -- Neutral -- $80 Dec. 17, 2024
Reiterated CRDO TD Cowen -- Buy $45 $75 Dec. 3, 2024

News

Credo Technology Up 38% in Three Months: Can the Stock Climb Higher?
CRDO
Published: November 10, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's 38% surge rides AI data center demand, but lofty valuation and hyperscaler risks temper near-term upside.

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image for news Credo Technology Up 38% in Three Months: Can the Stock Climb Higher?
Top 10 Quant Stocks Of 2025 Up 45%
AGX, CLS, CRDO, DXPE, EAT, INTA, LRN, OPFI, PYPL, URBN
Published: November 05, 2025 by: Seeking Alpha
Sentiment: Positive

As of Oct. 31, SA Quant's Top 10 Stocks for 2025 have significantly outperformed the S&P 500, gaining nearly 45% vs. the S&P 500's 18%. Two out of 10 stocks have delivered triple-digit returns, with Celestica delivering an incredible 236% since it was selected on Jan. 9, 2025. While only three stocks are Quant-rated ‘Buy' or ‘Strong Buys,' the list remains fundamentally strong, with several stocks primed for long-term outperformance.

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image for news Top 10 Quant Stocks Of 2025 Up 45%
CRDO vs. ALAB: Which High Speed Connectivity Stock Is the Smarter Buy?
ALAB, CRDO
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo's soaring sales and innovation edge meet Astera Labs' fast-rising momentum in the AI data center connectivity race.

Read More
image for news CRDO vs. ALAB: Which High Speed Connectivity Stock Is the Smarter Buy?
Semiconductor Stock Ready to Bounce Off Bullish Trendline
CRDO
Published: October 17, 2025 by: Schaeffers Research
Sentiment: Positive

Subscribers to Schaeffer's Weekend Trader options recommendation service received this CRDO commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.

Read More
image for news Semiconductor Stock Ready to Bounce Off Bullish Trendline
Play the AI Boom With Credo Stock, J.P. Morgan Says.
CRDO
Published: October 17, 2025 by: Barrons
Sentiment: Positive

The company is a leader in high-speed data connections used in AI data centers.

Read More
image for news Play the AI Boom With Credo Stock, J.P. Morgan Says.
Credo Technology's Focus on Innovation to Augment Top-Line Momentum
CRDO
Published: October 17, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's new ZeroFlap optical transceivers and cutting-edge DSPs fuel rapid growth across AI, cloud and data center markets.

Read More
image for news Credo Technology's Focus on Innovation to Augment Top-Line Momentum
3 Momentum Anomaly Stocks to Buy Amid Tariff-Induced Volatility
CRDO, HOOD, SHOP
Published: October 16, 2025 by: Zacks Investment Research
Sentiment: Positive

SHOP, HOOD and CRDO emerge as top momentum picks amid tariff-driven market swings, each showing strong long-term gains despite short-term pullbacks.

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image for news 3 Momentum Anomaly Stocks to Buy Amid Tariff-Induced Volatility
Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers
CRDO
Published: October 14, 2025 by: Business Wire
Sentiment: Neutral

SAN JOSE, Calif.--(BUSINESS WIRE)-- #WeConnect--Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers.

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image for news Credo Joins Arm Total Design to Accelerate the Development of Custom Silicon for AI Data Centers
Credo: Cheap Or Expensive For The AI Opportunity?
CRDO
Published: October 13, 2025 by: Seeking Alpha
Sentiment: Positive

Credo Technology Group Holding Ltd shares have been taking a beating for the past month and crashed 8% on Friday. We see a window to load up. Credo's AEC product line is gaining traction with hyperscalers due to the better signal integrity and a smaller form factor needed as we see more rackable solutions. Customer concentration risk is not really an issue anymore, with revenue diversification expected to strengthen as Credo hosts as many as six hyperscaler customers during FY26.

Read More
image for news Credo: Cheap Or Expensive For The AI Opportunity?
CRDO Surges 289% in Six Months: Is it Still a Buying Opportunity?
CRDO
Published: October 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group Holding Ltd CRDO has been one of the top gainers in the semiconductor space. The stock has surged 289.3% in the past six months, outperforming the Electronic-Semiconductors and the broader Computer and Technology sector's growth of 77.6% and 47.2%, respectively.

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image for news CRDO Surges 289% in Six Months: Is it Still a Buying Opportunity?
5 AI Infrastructure Stocks With Triple-Digit Returns YTD to Buy for Q4
CLS, CRDO, MU, UI, WDC
Published: October 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Five AI infrastructure players namely, CRDO, WDC, CLS, MU and UI have notched triple-digit returns YTD, with momentum still building into Q4.

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image for news 5 AI Infrastructure Stocks With Triple-Digit Returns YTD to Buy for Q4
Credo Acquires Hyperlume, Taps MicroLED Tech for AI Data Centers
CRDO
Published: October 03, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's Hyperlume acquisition brings cutting-edge microLED optical interconnects to strengthen AI and data center connectivity solutions.

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image for news Credo Acquires Hyperlume, Taps MicroLED Tech for AI Data Centers
What Makes Credo Technology Group Holding Ltd. (CRDO) a Strong Momentum Stock: Buy Now?
CRDO
Published: September 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Does Credo Technology Group Holding Ltd. (CRDO) have what it takes to be a top stock pick for momentum investors?

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image for news What Makes Credo Technology Group Holding Ltd. (CRDO) a Strong Momentum Stock: Buy Now?
Credo Launches 224G PAM4 SerDes IP on TSMC N3 for 1.6T Networking
CRDO
Published: September 25, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's 224G PAM4 IP on TSMC N3 boosts 1.6Tbps connectivity, powering next-gen AI and cloud workloads while expanding its SerDes portfolio.

Read More
image for news Credo Launches 224G PAM4 SerDes IP on TSMC N3 for 1.6T Networking
CRDO vs. MRVL: Which Connectivity Stock Has More Upside in the AI Era?
CRDO, MRVL
Published: September 24, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's hyperscaler momentum and AEC strength fuel rapid growth, while MRVL leans on custom silicon and optics in data centers.

Read More
image for news CRDO vs. MRVL: Which Connectivity Stock Has More Upside in the AI Era?
Can Credo Sustain Momentum in Optical Business Amid Competition?
CRDO
Published: September 19, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO sees strong optical momentum, with new DSP launches and fiscal 2026 revenue growth projected at roughly 120% year over year.

Read More
image for news Can Credo Sustain Momentum in Optical Business Amid Competition?
CRDO Deepens Ties With Hyperscalers: Key to Next Growth Phase?
CRDO
Published: September 18, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo's hyperscaler partnerships drove 274% revenue growth, fueling AEC adoption and deeper inroads into next-gen AI data centers.

Read More
image for news CRDO Deepens Ties With Hyperscalers: Key to Next Growth Phase?
CRDO Guides 120% Growth in Fiscal 2026: Will the Momentum Sustain?
CRDO
Published: September 17, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology expects revenue growth, fueled by surging AI-driven demand across its connectivity solutions portfolio.

Read More
image for news CRDO Guides 120% Growth in Fiscal 2026: Will the Momentum Sustain?
3 Under-the-Radar Stocks Set to Benefit From Oracle's Boom
AAOI, COHR, CRDO
Published: September 16, 2025 by: MarketBeat
Sentiment: Positive

On Sept. 9, one of the world's biggest tech stocks, Oracle NYSE: ORCL, provided key information that blew investors away. Shares closed up by 36% on Sept.

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image for news 3 Under-the-Radar Stocks Set to Benefit From Oracle's Boom
Credo Technology Group Holding Ltd. (CRDO) Is Up 14.44% in One Week: What You Should Know
CRDO
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Does Credo Technology Group Holding Ltd. (CRDO) have what it takes to be a top stock pick for momentum investors?

Read More
image for news Credo Technology Group Holding Ltd. (CRDO) Is Up 14.44% in One Week: What You Should Know
Credo Launches High-Performance Bluebird DSP for 1.6Tbps Networks
CRDO
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO unveils its Bluebird DSP, powering 1.6Tbps optical transceivers with under-20W efficiency and ultra-low latency for next-gen AI networks.

Read More
image for news Credo Launches High-Performance Bluebird DSP for 1.6Tbps Networks
Best Momentum Stocks to Buy for September 10th
CRDO, JRVR, SFD
Published: September 10, 2025 by: Zacks Investment Research
Sentiment: Positive

JRVR, SFD and CRDO made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 10, 2025.

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image for news Best Momentum Stocks to Buy for September 10th
Earnings Estimates Rising for Credo Technology Group (CRDO): Will It Gain?
CRDO
Published: September 09, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo Technology Group Holding Ltd. (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Read More
image for news Earnings Estimates Rising for Credo Technology Group (CRDO): Will It Gain?
Credo's Quiet Domination Of Data Centers
CRDO
Published: September 09, 2025 by: Seeking Alpha
Sentiment: Positive

Q1 FY2026 revenue surged 274% YoY to $223M, with $217M from AECs, and gross margins of 67.3%. Customer concentration risk easing: three hyperscalers now above 10% of sales, largest customer down to 35% from 86%. Technological edge reinforced by 1.6Tbps per port support, 3nm 200Gbps DSP development, and new PCIe/CXL interconnects.

Read More
image for news Credo's Quiet Domination Of Data Centers
CRDO Stock Jumps Post Q1 Earnings: Stay Invested or Lock in Profits?
CRDO
Published: September 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Credo hits 52-week high after fiscal Q1 earnings beat, with soaring AI-fueled demand but valuation and customer risks in focus.

Read More
image for news CRDO Stock Jumps Post Q1 Earnings: Stay Invested or Lock in Profits?
Credo's Q1 Earnings and Sales Surpass Estimates, Rise Y/Y, Stock Up
CRDO
Published: September 04, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO posts a 273.6% revenue surge and EPS beat, driving shares up 13% on strong product growth and hyperscaler partnerships.

Read More
image for news Credo's Q1 Earnings and Sales Surpass Estimates, Rise Y/Y, Stock Up
How Does Credo's System-Level Strategy Provide an Edge in the AI Era?
CRDO
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO is fueling AI-era data centers with a system-level strategy, driving growth across AECs, DSPs and retimers.

Read More
image for news How Does Credo's System-Level Strategy Provide an Edge in the AI Era?
Credo Technology to Report Q1 Earnings: How to Play the Stock?
CRDO
Published: August 29, 2025 by: Zacks Investment Research
Sentiment: Negative

CRDO rides on AI-driven demand with AECs and optical DSPs, but stretched valuation and client concentration risks loom ahead of Q1 results.

Read More
image for news Credo Technology to Report Q1 Earnings: How to Play the Stock?
Is Credo's Optical DSP Business Set to Spur Growth & Revenue Momentum?
CRDO
Published: August 27, 2025 by: Zacks Investment Research
Sentiment: Positive

CRDO's optical DSP momentum builds with new design wins and record efficiency gains. Its total revenues are expected to top $800 million in fiscal 2026.

Read More
image for news Is Credo's Optical DSP Business Set to Spur Growth & Revenue Momentum?
Credo: Bubbly Valuations Could Trigger The Next Pullback
CRDO
Published: August 26, 2025 by: Seeking Alpha
Sentiment: Neutral

Credo Technology Group's upcoming earnings are pivotal, with much optimism already priced in after a strong stock surge and outperformance versus peers. The company's growth is heavily tied to hyperscaler customers, creating revenue concentration risks despite strong AI CapEx tailwinds. While Credo's systems-level approach and market positioning are compelling, growth normalization and high valuation multiples warrant caution.

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image for news Credo: Bubbly Valuations Could Trigger The Next Pullback

About Credo Technology Group Holding Ltd (CRDO)

  • IPO Date 2022-01-27
  • Website https://credosemi.com
  • Industry Communication Equipment
  • CEO William J. Brennan
  • Employees 500

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.